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Side-by-side financial comparison of BLACKBERRY Ltd (BB) and BALCHEM CORP (BCPC). Click either name above to swap in a different company.
BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $141.8M, roughly 1.9× BLACKBERRY Ltd). BALCHEM CORP runs the higher net margin — 14.9% vs 9.7%, a 5.2% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs -0.8%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $17.4M). Over the past eight quarters, BLACKBERRY Ltd's revenue compounded faster (17.8% CAGR vs 7.5%).
BlackBerry Limited, formerly Research In Motion (RIM), is a Canadian software company specializing in secure communications and the Internet of Things (IoT). Founded in 1984, it developed the BlackBerry brand of two-way pagers, smartphones, and tablets. The company later transitioned to providing software and services and holds critical software application patents.
Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.
BB vs BCPC — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.8M | $270.7M |
| Net Profit | $13.7M | $40.3M |
| Gross Margin | 77.5% | — |
| Operating Margin | 8.4% | 20.5% |
| Net Margin | 9.7% | 14.9% |
| Revenue YoY | -0.8% | 8.1% |
| Net Profit YoY | 224.5% | 8.7% |
| EPS (diluted) | $0.02 | $1.25 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $270.7M | ||
| Q4 25 | $141.8M | $263.6M | ||
| Q3 25 | $129.6M | $267.6M | ||
| Q2 25 | $121.7M | $255.5M | ||
| Q1 25 | $141.7M | $250.5M | ||
| Q4 24 | $143.6M | $240.0M | ||
| Q3 24 | $126.2M | $239.9M | ||
| Q2 24 | $123.4M | $234.1M |
| Q1 26 | — | $40.3M | ||
| Q4 25 | $13.7M | $39.2M | ||
| Q3 25 | $13.3M | $40.3M | ||
| Q2 25 | $1.9M | $38.3M | ||
| Q1 25 | $-7.4M | $37.1M | ||
| Q4 24 | $-10.5M | $33.6M | ||
| Q3 24 | $-19.7M | $33.8M | ||
| Q2 24 | $-41.4M | $32.1M |
| Q1 26 | — | — | ||
| Q4 25 | 77.5% | 35.6% | ||
| Q3 25 | 74.5% | 35.7% | ||
| Q2 25 | 74.2% | 36.4% | ||
| Q1 25 | 73.5% | 35.2% | ||
| Q4 24 | 78.1% | 36.0% | ||
| Q3 24 | 70.2% | 35.6% | ||
| Q2 24 | 72.9% | 35.5% |
| Q1 26 | — | 20.5% | ||
| Q4 25 | 8.4% | 19.8% | ||
| Q3 25 | 8.9% | 20.4% | ||
| Q2 25 | 1.6% | 20.1% | ||
| Q1 25 | -5.6% | 20.4% | ||
| Q4 24 | 13.6% | 19.8% | ||
| Q3 24 | 1.7% | 20.0% | ||
| Q2 24 | -10.5% | 19.6% |
| Q1 26 | — | 14.9% | ||
| Q4 25 | 9.7% | 14.9% | ||
| Q3 25 | 10.3% | 15.1% | ||
| Q2 25 | 1.6% | 15.0% | ||
| Q1 25 | -5.2% | 14.8% | ||
| Q4 24 | -7.3% | 14.0% | ||
| Q3 24 | -15.6% | 14.1% | ||
| Q2 24 | -33.5% | 13.7% |
| Q1 26 | — | $1.25 | ||
| Q4 25 | $0.02 | $1.21 | ||
| Q3 25 | $0.02 | $1.24 | ||
| Q2 25 | $0.00 | $1.17 | ||
| Q1 25 | $-0.01 | $1.13 | ||
| Q4 24 | $-0.02 | $1.03 | ||
| Q3 24 | $-0.03 | $1.03 | ||
| Q2 24 | $-0.07 | $0.98 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $304.2M | $72.9M |
| Total DebtLower is stronger | $196.2M | — |
| Stockholders' EquityBook value | $741.1M | $1.3B |
| Total Assets | $1.2B | $1.7B |
| Debt / EquityLower = less leverage | 0.26× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $72.9M | ||
| Q4 25 | $304.2M | $74.6M | ||
| Q3 25 | $290.5M | $65.1M | ||
| Q2 25 | $306.6M | $65.4M | ||
| Q1 25 | $337.8M | $49.9M | ||
| Q4 24 | $220.0M | $49.5M | ||
| Q3 24 | $211.0M | $73.7M | ||
| Q2 24 | $229.0M | $63.7M |
| Q1 26 | — | — | ||
| Q4 25 | $196.2M | — | ||
| Q3 25 | $195.9M | — | ||
| Q2 25 | $195.6M | — | ||
| Q1 25 | $195.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.3B | ||
| Q4 25 | $741.1M | $1.3B | ||
| Q3 25 | $725.1M | $1.3B | ||
| Q2 25 | $725.1M | $1.3B | ||
| Q1 25 | $719.9M | $1.2B | ||
| Q4 24 | $725.2M | $1.1B | ||
| Q3 24 | $732.1M | $1.2B | ||
| Q2 24 | $742.6M | $1.1B |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.2B | $1.7B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.2B | $1.7B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.3B | $1.6B | ||
| Q2 24 | $1.3B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.26× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $18.3M | $40.1M |
| Free Cash FlowOCF − Capex | $17.4M | $33.8M |
| FCF MarginFCF / Revenue | 12.3% | 12.5% |
| Capex IntensityCapex / Revenue | 0.6% | 2.3% |
| Cash ConversionOCF / Net Profit | 1.34× | 0.99× |
| TTM Free Cash FlowTrailing 4 quarters | $42.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.1M | ||
| Q4 25 | $18.3M | $67.3M | ||
| Q3 25 | $3.9M | $65.6M | ||
| Q2 25 | $-18.0M | $47.3M | ||
| Q1 25 | $41.6M | $36.5M | ||
| Q4 24 | $6.0M | $52.3M | ||
| Q3 24 | $-16.0M | $51.3M | ||
| Q2 24 | $-15.1M | $45.0M |
| Q1 26 | — | $33.8M | ||
| Q4 25 | $17.4M | — | ||
| Q3 25 | $3.1M | — | ||
| Q2 25 | $-18.9M | — | ||
| Q1 25 | $41.2M | — | ||
| Q4 24 | $5.2M | — | ||
| Q3 24 | $-16.5M | — | ||
| Q2 24 | $-16.5M | — |
| Q1 26 | — | 12.5% | ||
| Q4 25 | 12.3% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | -15.5% | — | ||
| Q1 25 | 29.1% | — | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | -13.1% | — | ||
| Q2 24 | -13.4% | — |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 1.1% | — |
| Q1 26 | — | 0.99× | ||
| Q4 25 | 1.34× | 1.72× | ||
| Q3 25 | 0.29× | 1.63× | ||
| Q2 25 | -9.47× | 1.23× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 1.52× | ||
| Q2 24 | — | 1.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BB
| QNX | $68.7M | 48% |
| Secure Communication | $67.0M | 47% |
| Licensing | $6.1M | 4% |
BCPC
Segment breakdown not available.
