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Side-by-side financial comparison of BLACKBERRY Ltd (BB) and CECO ENVIRONMENTAL CORP (CECO). Click either name above to swap in a different company.

CECO ENVIRONMENTAL CORP is the larger business by last-quarter revenue ($205.9M vs $141.8M, roughly 1.5× BLACKBERRY Ltd). On growth, CECO ENVIRONMENTAL CORP posted the faster year-over-year revenue change (16.5% vs -0.8%). Over the past eight quarters, CECO ENVIRONMENTAL CORP's revenue compounded faster (22.4% CAGR vs 17.8%).

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.

CECO Environmental Corp. is an American industrial technology company founded in 1966 and headquartered in Dallas, Texas. It is publicly traded on the Nasdaq Stock Market under the ticker symbol CECO. The company provides air pollution control technology, products, and services for industrial markets, including manufacturing, chemical processing, energy, and refining.

BB vs CECO — Head-to-Head

Bigger by revenue
CECO
CECO
1.5× larger
CECO
$205.9M
$141.8M
BB
Growing faster (revenue YoY)
CECO
CECO
+17.4% gap
CECO
16.5%
-0.8%
BB
Faster 2-yr revenue CAGR
CECO
CECO
Annualised
CECO
22.4%
17.8%
BB

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
BB
BB
CECO
CECO
Revenue
$141.8M
$205.9M
Net Profit
$13.7M
Gross Margin
77.5%
31.0%
Operating Margin
8.4%
0.9%
Net Margin
9.7%
Revenue YoY
-0.8%
16.5%
Net Profit YoY
224.5%
EPS (diluted)
$0.02
$0.98

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.

Revenue
BB
BB
CECO
CECO
Q1 26
$205.9M
Q4 25
$141.8M
$214.7M
Q3 25
$129.6M
$197.6M
Q2 25
$121.7M
$185.4M
Q1 25
$141.7M
$176.7M
Q4 24
$143.6M
$158.6M
Q3 24
$126.2M
$135.5M
Q2 24
$123.4M
$137.5M
Net Profit
BB
BB
CECO
CECO
Q1 26
Q4 25
$13.7M
$3.1M
Q3 25
$13.3M
$1.5M
Q2 25
$1.9M
$9.5M
Q1 25
$-7.4M
$36.0M
Q4 24
$-10.5M
$4.9M
Q3 24
$-19.7M
$2.1M
Q2 24
$-41.4M
$4.5M
Gross Margin
BB
BB
CECO
CECO
Q1 26
31.0%
Q4 25
77.5%
35.1%
Q3 25
74.5%
32.7%
Q2 25
74.2%
36.2%
Q1 25
73.5%
35.2%
Q4 24
78.1%
35.8%
Q3 24
70.2%
33.4%
Q2 24
72.9%
35.7%
Operating Margin
BB
BB
CECO
CECO
Q1 26
0.9%
Q4 25
8.4%
7.7%
Q3 25
8.9%
4.8%
Q2 25
1.6%
9.7%
Q1 25
-5.6%
35.0%
Q4 24
13.6%
7.1%
Q3 24
1.7%
5.3%
Q2 24
-10.5%
6.7%
Net Margin
BB
BB
CECO
CECO
Q1 26
Q4 25
9.7%
1.4%
Q3 25
10.3%
0.8%
Q2 25
1.6%
5.1%
Q1 25
-5.2%
20.4%
Q4 24
-7.3%
3.1%
Q3 24
-15.6%
1.5%
Q2 24
-33.5%
3.3%
EPS (diluted)
BB
BB
CECO
CECO
Q1 26
$0.98
Q4 25
$0.02
$0.09
Q3 25
$0.02
$0.04
Q2 25
$0.00
$0.26
Q1 25
$-0.01
$0.98
Q4 24
$-0.02
$0.14
Q3 24
$-0.03
$0.06
Q2 24
$-0.07
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BB
BB
CECO
CECO
Cash + ST InvestmentsLiquidity on hand
$304.2M
$45.4M
Total DebtLower is stronger
$196.2M
$5.3M
Stockholders' EquityBook value
$741.1M
$317.2M
Total Assets
$1.2B
$1.0B
Debt / EquityLower = less leverage
0.26×
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BB
BB
CECO
CECO
Q1 26
$45.4M
Q4 25
$304.2M
$33.1M
Q3 25
$290.5M
$32.8M
Q2 25
$306.6M
$36.8M
Q1 25
$337.8M
$146.5M
Q4 24
$220.0M
$37.8M
Q3 24
$211.0M
$38.7M
Q2 24
$229.0M
$36.5M
Total Debt
BB
BB
CECO
CECO
Q1 26
$5.3M
Q4 25
$196.2M
$212.4M
Q3 25
$195.9M
$220.9M
Q2 25
$195.6M
$238.7M
Q1 25
$195.3M
$339.7M
Q4 24
$218.9M
Q3 24
$133.4M
Q2 24
$130.8M
Stockholders' Equity
BB
BB
CECO
CECO
Q1 26
$317.2M
Q4 25
$741.1M
$317.5M
Q3 25
$725.1M
$309.2M
Q2 25
$725.1M
$298.4M
Q1 25
$719.9M
$285.8M
Q4 24
$725.2M
$247.7M
Q3 24
$732.1M
$241.3M
Q2 24
$742.6M
$235.0M
Total Assets
BB
BB
CECO
CECO
Q1 26
$1.0B
Q4 25
$1.2B
$893.8M
Q3 25
$1.2B
$891.9M
Q2 25
$1.2B
$876.6M
Q1 25
$1.3B
$957.1M
Q4 24
$1.3B
$759.7M
Q3 24
$1.3B
$621.5M
Q2 24
$1.3B
$598.1M
Debt / Equity
BB
BB
CECO
CECO
Q1 26
0.02×
Q4 25
0.26×
0.67×
Q3 25
0.27×
0.71×
Q2 25
0.27×
0.80×
Q1 25
0.27×
1.19×
Q4 24
0.88×
Q3 24
0.55×
Q2 24
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BB
BB
CECO
CECO
Operating Cash FlowLast quarter
$18.3M
Free Cash FlowOCF − Capex
$17.4M
FCF MarginFCF / Revenue
12.3%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$42.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BB
BB
CECO
CECO
Q1 26
Q4 25
$18.3M
$10.0M
Q3 25
$3.9M
$15.3M
Q2 25
$-18.0M
$-7.7M
Q1 25
$41.6M
$-11.7M
Q4 24
$6.0M
$1.8M
Q3 24
$-16.0M
$15.1M
Q2 24
$-15.1M
$6.7M
Free Cash Flow
BB
BB
CECO
CECO
Q1 26
Q4 25
$17.4M
$7.3M
Q3 25
$3.1M
$11.0M
Q2 25
$-18.9M
$-8.7M
Q1 25
$41.2M
$-15.1M
Q4 24
$5.2M
$-4.3M
Q3 24
$-16.5M
$11.1M
Q2 24
$-16.5M
$2.5M
FCF Margin
BB
BB
CECO
CECO
Q1 26
Q4 25
12.3%
3.4%
Q3 25
2.4%
5.6%
Q2 25
-15.5%
-4.7%
Q1 25
29.1%
-8.5%
Q4 24
3.6%
-2.7%
Q3 24
-13.1%
8.2%
Q2 24
-13.4%
1.9%
Capex Intensity
BB
BB
CECO
CECO
Q1 26
Q4 25
0.6%
1.2%
Q3 25
0.6%
2.1%
Q2 25
0.7%
0.6%
Q1 25
0.3%
1.9%
Q4 24
0.6%
3.9%
Q3 24
0.4%
3.0%
Q2 24
1.1%
3.0%
Cash Conversion
BB
BB
CECO
CECO
Q1 26
Q4 25
1.34×
3.26×
Q3 25
0.29×
10.18×
Q2 25
-9.47×
-0.81×
Q1 25
-0.33×
Q4 24
0.37×
Q3 24
7.24×
Q2 24
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BB
BB

QNX$68.7M48%
Secure Communication$67.0M47%
Licensing$6.1M4%

CECO
CECO

Segment breakdown not available.

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