BLACKBERRY Ltd Gross Margin History
BB / Information Technology|8 years of SEC 10-K data (FY2017-FY2024)
73.8% in FY2024 with a 5-year CAGR of +0.5%.
Improved from 69.7% to 73.8% over the past 2 years.
At 73.8%, BLACKBERRY Ltd's gross margin ranks #59 of 213 in the Information Technology sector. Gross Margin has fluctuated over the past 8 years, ranging from 64.6% in FY2023 to 77.2% in FY2018.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -0.80 (distress zone, below 1.8 threshold)
- Negative profit margin: -14.8%
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- +8.8pp
- 5-Year Change
- +0.5pp
- 10-Year Change
- -
Gross Margin Trend
#59 of 213 in Information TechnologyTop 28% of 213This company 73.8% Sector average 53.8%
▼
+37.2% above sector average
Key Insights
- In FY2024, gross margin increased 14.2% year-over-year.
- Currently 20.0pp above the Information Technology sector average.
- Peak gross margin was recorded in FY2018.
- Lowest gross margin in the period was in FY2023.
Annual Data
| Year | Gross Margin | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 73.8% | +14.2% |
| FY2023 | 64.6% | -7.2% |
| FY2022 | 69.7% | +7.1% |
| FY2021 | 65.0% | -9.7% |
| FY2020 | 72.0% | -1.9% |
| FY2019 | 73.4% | -5.0% |
| FY2018 | 77.2% | +7.4% |
| FY2017 | 71.9% | - |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026