π VC round data is live in beta, check it out!
- Public Comps
- BlackBerry
BlackBerry Valuation Multiples
Discover revenue and EBITDA valuation multiples for BlackBerry and similar public comparables like Varonis Systems, Hytera Communications, Qualys, Venustech Group and more.
BlackBerry Overview
About BlackBerry
BlackBerry, once known for being the worldβs largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market.
Founded
1984
HQ

Employees
1.8K
Website
Financials (LTM)
EV
$3B
BlackBerry Financials
BlackBerry reported last 12-month revenue of $556M and EBITDA of $109M.
In the same LTM period, BlackBerry generated $424M in gross profit, $109M in EBITDA, and $99M in net income.
Revenue (LTM)
BlackBerry P&L
In the most recent fiscal year, BlackBerry reported revenue of $549M and EBITDA of $107M.
BlackBerry expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $556M | XXX | $549M | XXX | XXX | XXX |
| Gross Profit | $424M | XXX | $418M | XXX | XXX | XXX |
| Gross Margin | 76% | XXX | 76% | XXX | XXX | XXX |
| EBITDA | $109M | XXX | $107M | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 20% | XXX | XXX | XXX |
| EBIT Margin | 18% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $99M | XXX | $97M | XXX | XXX | XXX |
| Net Margin | 18% | XXX | 18% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
BlackBerry Stock Performance
BlackBerry has current market cap of $3B, and enterprise value of $3B.
Market Cap Evolution
BlackBerry's stock price is $4.84.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $3B | 0.2% | XXX | XXX | XXX | $0.17 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialBlackBerry Valuation Multiples
BlackBerry trades at 4.9x EV/Revenue multiple, and 24.7x EV/EBITDA.
EV / Revenue (LTM)
BlackBerry Financial Valuation Multiples
As of April 19, 2026, BlackBerry has market cap of $3B and EV of $3B.
Equity research analysts estimate BlackBerry's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
BlackBerry has a P/E ratio of 28.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 4.9x | XXX | 4.9x | XXX | XXX | XXX |
| EV/EBITDA | 24.7x | XXX | 25.2x | XXX | XXX | XXX |
| EV/EBIT | 27.7x | XXX | 28.4x | XXX | XXX | XXX |
| EV/Gross Profit | 6.4x | XXX | 6.5x | XXX | XXX | XXX |
| P/E | 28.8x | XXX | 29.2x | XXX | XXX | XXX |
| EV/FCF | 54.1x | XXX | 61.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified BlackBerry Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


BlackBerry Margins & Growth Rates
BlackBerry's revenue in the last 12 month grew by 9%.
BlackBerry's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
BlackBerry's rule of 40 is 28% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
BlackBerry's rule of X is 40% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
BlackBerry Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | 9% | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 20% | XXX | XXX | XXX |
| EBITDA Growth | 16% | XXX | 15% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 28% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 40% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 20% | XXX | 21% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 19% | XXX | 23% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 20% | XXX | 21% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 67% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
BlackBerry Public Comps
See public comps and valuation multiples for other Cybersecurity and Networking Hardware comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| BlackBerry | XXX | XXX | XXX | XXX | XXX | XXX |
| Varonis Systems | XXX | XXX | XXX | XXX | XXX | XXX |
| Hytera Communications | XXX | XXX | XXX | XXX | XXX | XXX |
| Qualys | XXX | XXX | XXX | XXX | XXX | XXX |
| Venustech Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Cetc Potevio Science | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
BlackBerry M&A Activity
BlackBerry acquired XXX companies to date.
Last acquisition by BlackBerry was on XXXXXXXX, XXXXX. BlackBerry acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by BlackBerry
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialBlackBerry Investment Activity
BlackBerry invested in XXX companies to date.
BlackBerry made its latest investment on XXXXXXXX, XXXXX. BlackBerry invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by BlackBerry
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout BlackBerry
| When was BlackBerry founded? | BlackBerry was founded in 1984. |
| Where is BlackBerry headquartered? | BlackBerry is headquartered in Canada. |
| How many employees does BlackBerry have? | As of today, BlackBerry has over 1K employees. |
| Who is the CEO of BlackBerry? | BlackBerry's CEO is John J. Giamatteo. |
| Is BlackBerry publicly listed? | Yes, BlackBerry is a public company listed on NYSE. |
| What is the stock symbol of BlackBerry? | BlackBerry trades under BB ticker. |
| When did BlackBerry go public? | BlackBerry went public in 1999. |
| Who are competitors of BlackBerry? | BlackBerry main competitors are Varonis Systems, Hytera Communications, Qualys, Venustech Group. |
| What is the current market cap of BlackBerry? | BlackBerry's current market cap is $3B. |
| What is the current revenue of BlackBerry? | BlackBerry's last 12 months revenue is $556M. |
| What is the current revenue growth of BlackBerry? | BlackBerry revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of BlackBerry? | Current revenue multiple of BlackBerry is 4.9x. |
| Is BlackBerry profitable? | Yes, BlackBerry is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of BlackBerry? | BlackBerry's last 12 months EBITDA is $109M. |
| What is BlackBerry's EBITDA margin? | BlackBerry's last 12 months EBITDA margin is 20%. |
| What is the current EV/EBITDA multiple of BlackBerry? | Current EBITDA multiple of BlackBerry is 24.7x. |
| What is the current FCF of BlackBerry? | BlackBerry's last 12 months FCF is $50M. |
| What is BlackBerry's FCF margin? | BlackBerry's last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of BlackBerry? | Current FCF multiple of BlackBerry is 54.1x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.