BlackBerry's QNX Expands Beyond Automotive, Boosting Stock Outlook

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BlackBerry Limited, a mid-sized software and security company, is seeing growth in its QNX embedded software business as it expands beyond the automotive industry into areas like robotics. The company's Secure Communications segment for high-security software is also contributing to revenue. While BlackBerry's legacy smartphone business has declined, the shift to enterprise software is powering the company's growth.

Why it matters

BlackBerry's transition from a smartphone maker to an enterprise software and security company has been challenging, but the expansion of its QNX platform into new industries like robotics signals the company may have found a path to sustainable growth. As BlackBerry moves away from its hardware roots, its software and security offerings could become more attractive to a wider range of customers.

The details

BlackBerry's QNX embedded software platform, which was originally developed for the automotive industry, is now expanding into other sectors like robotics. This diversification beyond automotive is seen as a positive sign for the company's future growth prospects. Additionally, BlackBerry's Secure Communications segment, which provides high-security software, is also contributing to the company's revenue. While BlackBerry's legacy smartphone business has declined, the shift to enterprise software is helping to power the company's transformation.

• BlackBerry reported its latest quarterly results on March 13, 2026.

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