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Side-by-side financial comparison of BLACKBERRY Ltd (BB) and CareTrust REIT, Inc. (CTRE). Click either name above to swap in a different company.

BLACKBERRY Ltd is the larger business by last-quarter revenue ($141.8M vs $134.9M, roughly 1.1× CareTrust REIT, Inc.). CareTrust REIT, Inc. runs the higher net margin — 82.5% vs 9.7%, a 72.9% gap on every dollar of revenue. On growth, CareTrust REIT, Inc. posted the faster year-over-year revenue change (55.1% vs -0.8%). Over the past eight quarters, CareTrust REIT, Inc.'s revenue compounded faster (46.2% 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.

Target Healthcare REIT is a British property investment company which invests in healthcare properties and holds a large portfolio of care homes. It is structured as a real estate investment trust (REIT) and is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

BB vs CTRE — Head-to-Head

Bigger by revenue
BB
BB
1.1× larger
BB
$141.8M
$134.9M
CTRE
Growing faster (revenue YoY)
CTRE
CTRE
+55.9% gap
CTRE
55.1%
-0.8%
BB
Higher net margin
CTRE
CTRE
72.9% more per $
CTRE
82.5%
9.7%
BB
Faster 2-yr revenue CAGR
CTRE
CTRE
Annualised
CTRE
46.2%
17.8%
BB

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BB
BB
CTRE
CTRE
Revenue
$141.8M
$134.9M
Net Profit
$13.7M
$111.3M
Gross Margin
77.5%
Operating Margin
8.4%
Net Margin
9.7%
82.5%
Revenue YoY
-0.8%
55.1%
Net Profit YoY
224.5%
113.5%
EPS (diluted)
$0.02
$0.52

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
CTRE
CTRE
Q4 25
$141.8M
$134.9M
Q3 25
$129.6M
$132.4M
Q2 25
$121.7M
$112.5M
Q1 25
$141.7M
$96.6M
Q4 24
$143.6M
$86.9M
Q3 24
$126.2M
$77.4M
Q2 24
$123.4M
$68.9M
Q1 24
$102.1M
$63.1M
Net Profit
BB
BB
CTRE
CTRE
Q4 25
$13.7M
$111.3M
Q3 25
$13.3M
$74.9M
Q2 25
$1.9M
$68.5M
Q1 25
$-7.4M
$65.8M
Q4 24
$-10.5M
$52.1M
Q3 24
$-19.7M
$33.4M
Q2 24
$-41.4M
$10.8M
Q1 24
$-56.2M
$28.7M
Gross Margin
BB
BB
CTRE
CTRE
Q4 25
77.5%
Q3 25
74.5%
Q2 25
74.2%
Q1 25
73.5%
Q4 24
78.1%
Q3 24
70.2%
Q2 24
72.9%
Q1 24
Operating Margin
BB
BB
CTRE
CTRE
Q4 25
8.4%
Q3 25
8.9%
58.1%
Q2 25
1.6%
61.3%
Q1 25
-5.6%
Q4 24
13.6%
Q3 24
1.7%
43.0%
Q2 24
-10.5%
15.1%
Q1 24
50.0%
Net Margin
BB
BB
CTRE
CTRE
Q4 25
9.7%
82.5%
Q3 25
10.3%
56.6%
Q2 25
1.6%
60.9%
Q1 25
-5.2%
68.1%
Q4 24
-7.3%
60.0%
Q3 24
-15.6%
43.2%
Q2 24
-33.5%
15.6%
Q1 24
-55.0%
45.6%
EPS (diluted)
BB
BB
CTRE
CTRE
Q4 25
$0.02
$0.52
Q3 25
$0.02
$0.35
Q2 25
$0.00
$0.35
Q1 25
$-0.01
$0.35
Q4 24
$-0.02
$0.30
Q3 24
$-0.03
$0.21
Q2 24
$-0.07
$0.07
Q1 24
$-0.08
$0.22

Balance Sheet & Financial Strength

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

Metric
BB
BB
CTRE
CTRE
Cash + ST InvestmentsLiquidity on hand
$304.2M
$198.0M
Total DebtLower is stronger
$196.2M
$894.2M
Stockholders' EquityBook value
$741.1M
$4.0B
Total Assets
$1.2B
$5.1B
Debt / EquityLower = less leverage
0.26×
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BB
BB
CTRE
CTRE
Q4 25
$304.2M
$198.0M
Q3 25
$290.5M
$712.5M
Q2 25
$306.6M
$306.1M
Q1 25
$337.8M
$26.5M
Q4 24
$220.0M
$213.8M
Q3 24
$211.0M
$377.1M
Q2 24
$229.0M
$495.1M
Q1 24
$237.1M
$451.2M
Total Debt
BB
BB
CTRE
CTRE
Q4 25
$196.2M
$894.2M
Q3 25
$195.9M
$893.8M
Q2 25
$195.6M
$1.2B
Q1 25
$195.3M
$822.1M
Q4 24
$396.9M
Q3 24
$396.7M
Q2 24
$671.1M
Q1 24
$194.1M
$595.9M
Stockholders' Equity
BB
BB
CTRE
CTRE
Q4 25
$741.1M
$4.0B
Q3 25
$725.1M
$4.0B
Q2 25
$725.1M
$3.3B
Q1 25
$719.9M
$2.9B
Q4 24
$725.2M
$2.9B
Q3 24
$732.1M
$2.4B
Q2 24
$742.6M
$1.9B
Q1 24
$775.1M
$1.7B
Total Assets
BB
BB
CTRE
CTRE
Q4 25
$1.2B
$5.1B
Q3 25
$1.2B
$5.1B
Q2 25
$1.2B
$4.7B
Q1 25
$1.3B
$3.9B
Q4 24
$1.3B
$3.4B
Q3 24
$1.3B
$2.9B
Q2 24
$1.3B
$2.7B
Q1 24
$1.4B
$2.3B
Debt / Equity
BB
BB
CTRE
CTRE
Q4 25
0.26×
0.22×
Q3 25
0.27×
0.22×
Q2 25
0.27×
0.35×
Q1 25
0.27×
0.28×
Q4 24
0.14×
Q3 24
0.16×
Q2 24
0.35×
Q1 24
0.25×
0.36×

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
CTRE
CTRE
Operating Cash FlowLast quarter
$18.3M
$394.0M
Free Cash FlowOCF − Capex
$17.4M
FCF MarginFCF / Revenue
12.3%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
1.34×
3.54×
TTM Free Cash FlowTrailing 4 quarters
$42.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BB
BB
CTRE
CTRE
Q4 25
$18.3M
$394.0M
Q3 25
$3.9M
$100.9M
Q2 25
$-18.0M
$100.8M
Q1 25
$41.6M
$71.4M
Q4 24
$6.0M
$244.3M
Q3 24
$-16.0M
$67.2M
Q2 24
$-15.1M
$53.0M
Q1 24
$-15.5M
$48.8M
Free Cash Flow
BB
BB
CTRE
CTRE
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 24
$-17.6M
FCF Margin
BB
BB
CTRE
CTRE
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 24
-17.2%
Capex Intensity
BB
BB
CTRE
CTRE
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 24
2.1%
Cash Conversion
BB
BB
CTRE
CTRE
Q4 25
1.34×
3.54×
Q3 25
0.29×
1.35×
Q2 25
-9.47×
1.47×
Q1 25
1.08×
Q4 24
4.68×
Q3 24
2.01×
Q2 24
4.92×
Q1 24
1.70×

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%

CTRE
CTRE

Segment breakdown not available.

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