Earnings release
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FOR IMMEDIATE RELEASE BlackBerry Reports First Quarter Fiscal Year 2022 Results Total company revenue of $ 174 million . IoT revenue of $ 43 million . ● BlackBerry Cyber Security revenue of $ 107 million . Licensing & Other revenue of $ 24 million . Non - GAAP loss per basic and diluted share of $ 0.05 ; GAAP loss per basic and diluted share of $ 0.11 . June 24 , 2021 Waterloo , Ontario - BlackBerry Limited ( NYSE : BB ; TSX : BB ) today reported financial results for the three months ended May 31 , 2021 ( all figures in U.S. dollars and U.S. GAAP , except where otherwise indicated ) . First Quarter Fiscal 2022 Financial Highlights " This quarter we aligned the business around the two key market opportunities - IoT and Cyber Security . In IoT we are pleased with the strong progress of the auto business , despite global chip shortage headwinds . Design activity remains strong , the number of vehicles with QNX software embedded has increased to 195 million , and royalty revenue backlog grew by 9 % year - over - year . Tangible progress continues to be made with BlackBerry IVY , including the launch of the IVY Advisory Council and the first investment by the IVY Innovation Fund , " said John Chen , Executive Chairman & CEO , BlackBerry . " On the Cyber Security side , we announced two new significant product launches as part of our XDR strategy - BlackBerry Gateway and Optics 3.0 . We continue to see strong pipeline growth for our new UES products . " ● Total company revenue for the first quarter of fiscal 2022 was $ 174 million . Total company gross margin was 66 % . IoT revenue for the first quarter of fiscal 2022 was $ 43 million , with gross margin of 84 % and ARR of $ 86 million . BlackBerry QNX royalty revenue backlog increased from $ 450 million in Q1 FY21 to $ 490 million in Q1 FY22 , a 9 % increase year - over - year . Cyber Security revenue for the first quarter of fiscal 2022 was $ 107 million , with gross margin of 57 % and ARR of $ 364 million . Licensing and Other revenue for the first quarter of fiscal 2022 was $ 24 million as negotiations for the sale of a portion of the patent portfolio continue . Non - GAAP operating loss was $ 23 million . GAAP operating loss was $ 58 million .