BLACKBERRY Ltd R&D Expense History
BB / Information Technology|8 years of SEC 10-K data (FY2017-FY2024)
$109M in FY2024 with a 5-year CAGR of -15.9%.
Declined from $134M to $109M over the past 2 years.
At $109M, BLACKBERRY Ltd's r&d expense ranks #176 of 254 in the Information Technology sector. R&D Expense has declined for 3 consecutive years, from $219M in FY2021 to $109M in FY2024.
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 CAGR
- -20.8%
- 5-Year CAGR
- -15.9%
- 10-Year CAGR
- -
R&D Expense Trend
#176 of 254 in Information TechnologyTop 69% of 254This company $108.8M Sector average $1.0B
▼
-89.4% below sector average
Key Insights
- BLACKBERRY Ltd's r&d expense has declined for 3 consecutive years.
- 5-year CAGR of -15.9%, indicating a declining trend.
- In FY2024, r&d expense decreased 14.4% year-over-year.
- Ranks #176 out of 254 companies in the Information Technology sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $108.8M | -14.4% |
| FY2023 | $127.1M | -5.3% |
| FY2022 | $134.2M | -38.7% |
| FY2021 | $219.0M | +1.9% |
| FY2020 | $215.0M | -17.0% |
| FY2019 | $259.0M | +18.3% |
| FY2018 | $219.0M | -8.4% |
| FY2017 | $239.0M | - |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026