Automotive Focus: BlackBerry’s QNX Driving into the Future

Yesterday (June 24, 2025) BlackBerry (NYSE: BB) reported strong fiscal Q1 FY2026 results, highlighting growth in its automotive software segment.  Total revenue was $121.7M, with the QNX division contributing $57.5M – up 8% year-over-year .  By contrast, in Q4 FY2025 (reported April 2, 2025) QNX revenue was $65.8M .  Thus, the QNX segment went from essentially flat growth in late FY2025 to an 8% YOY gain in Q1.  Notably, BlackBerry also cited an industry-leading royalty backlog of about $865M (up from ~$460M in FY2022) , underscoring a strong pipeline of future automotive software contracts.  The chart below illustrates this recent QNX revenue trend:

BlackBerry’s management emphasized that these automotive results reflect the shift toward software-defined vehicles (SDVs) and the growing demand for reliable ADAS and cockpit systems. In the Q4 FY2025 earnings call, BlackBerry noted it “continued to demonstrate our leadership in automotive by securing design wins with a number of leading OEMs and Tier 1 suppliers, primarily for ADAS and cockpit domain controllers” .  To support SDV trends, QNX introduced SDP 8.0 and the QNX Cabin digital cockpit development environment in late 2024 .