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Side-by-side financial comparison of BLACKBERRY Ltd (BB) and Lovesac Co (LOVE). Click either name above to swap in a different company.
Lovesac Co is the larger business by last-quarter revenue ($150.2M vs $141.8M, roughly 1.1× BLACKBERRY Ltd). BLACKBERRY Ltd runs the higher net margin — 9.7% vs -7.0%, a 16.7% gap on every dollar of revenue. On growth, Lovesac Co posted the faster year-over-year revenue change (0.2% vs -0.8%). BLACKBERRY Ltd produced more free cash flow last quarter ($17.4M vs $-10.2M). Over the past eight quarters, BLACKBERRY Ltd's revenue compounded faster (17.8% CAGR vs -22.6%).
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.
The Lovesac Company is an American furniture retailer, specializing in a patented modular furniture system called Sactionals. Sactionals consist of two combinable pieces, “Seats” and “Sides,” as well as custom-fit covers and associated accessories. Lovesac also sells Sacs, a bag seat filled with a proprietary foam mixture.
BB vs LOVE — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.8M | $150.2M |
| Net Profit | $13.7M | $-10.6M |
| Gross Margin | 77.5% | 56.1% |
| Operating Margin | 8.4% | -10.5% |
| Net Margin | 9.7% | -7.0% |
| Revenue YoY | -0.8% | 0.2% |
| Net Profit YoY | 224.5% | -114.0% |
| EPS (diluted) | $0.02 | $-0.72 |
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.
| Q4 25 | $141.8M | $150.2M | ||
| Q3 25 | $129.6M | $160.5M | ||
| Q2 25 | $121.7M | $138.4M | ||
| Q1 25 | $141.7M | $241.5M | ||
| Q4 24 | $143.6M | $149.9M | ||
| Q3 24 | $126.2M | $156.6M | ||
| Q2 24 | $123.4M | $132.6M | ||
| Q1 24 | $102.1M | $250.5M |
| Q4 25 | $13.7M | $-10.6M | ||
| Q3 25 | $13.3M | $-6.7M | ||
| Q2 25 | $1.9M | $-10.8M | ||
| Q1 25 | $-7.4M | $35.3M | ||
| Q4 24 | $-10.5M | $-4.9M | ||
| Q3 24 | $-19.7M | $-5.9M | ||
| Q2 24 | $-41.4M | $-13.0M | ||
| Q1 24 | $-56.2M | $31.0M |
| Q4 25 | 77.5% | 56.1% | ||
| Q3 25 | 74.5% | 56.4% | ||
| Q2 25 | 74.2% | 53.7% | ||
| Q1 25 | 73.5% | 60.4% | ||
| Q4 24 | 78.1% | 58.5% | ||
| Q3 24 | 70.2% | 59.0% | ||
| Q2 24 | 72.9% | 54.3% | ||
| Q1 24 | — | 59.7% |
| Q4 25 | 8.4% | -10.5% | ||
| Q3 25 | 8.9% | -5.5% | ||
| Q2 25 | 1.6% | -10.8% | ||
| Q1 25 | -5.6% | 19.7% | ||
| Q4 24 | 13.6% | -5.2% | ||
| Q3 24 | 1.7% | -5.3% | ||
| Q2 24 | -10.5% | -13.5% | ||
| Q1 24 | 50.0% | 16.1% |
| Q4 25 | 9.7% | -7.0% | ||
| Q3 25 | 10.3% | -4.1% | ||
| Q2 25 | 1.6% | -7.8% | ||
| Q1 25 | -5.2% | 14.6% | ||
| Q4 24 | -7.3% | -3.3% | ||
| Q3 24 | -15.6% | -3.7% | ||
| Q2 24 | -33.5% | -9.8% | ||
| Q1 24 | -55.0% | 12.4% |
| Q4 25 | $0.02 | $-0.72 | ||
| Q3 25 | $0.02 | $-0.45 | ||
| Q2 25 | $0.00 | $-0.73 | ||
| Q1 25 | $-0.01 | $2.22 | ||
| Q4 24 | $-0.02 | $-0.32 | ||
| Q3 24 | $-0.03 | $-0.38 | ||
| Q2 24 | $-0.07 | $-0.83 | ||
| Q1 24 | $-0.08 | $1.91 |
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 | $23.7M |
| Total DebtLower is stronger | $196.2M | — |
| Stockholders' EquityBook value | $741.1M | $189.3M |
| Total Assets | $1.2B | $495.5M |
| Debt / EquityLower = less leverage | 0.26× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $304.2M | $23.7M | ||
| Q3 25 | $290.5M | $34.2M | ||
| Q2 25 | $306.6M | $26.9M | ||
| Q1 25 | $337.8M | $83.7M | ||
| Q4 24 | $220.0M | $61.7M | ||
| Q3 24 | $211.0M | $72.1M | ||
| Q2 24 | $229.0M | $72.4M | ||
| Q1 24 | $237.1M | $87.0M |
| Q4 25 | $196.2M | — | ||
| Q3 25 | $195.9M | — | ||
| Q2 25 | $195.6M | — | ||
| Q1 25 | $195.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $194.1M | — |
| Q4 25 | $741.1M | $189.3M | ||
| Q3 25 | $725.1M | $197.5M | ||
| Q2 25 | $725.1M | $201.2M | ||
| Q1 25 | $719.9M | $216.4M | ||
| Q4 24 | $725.2M | $196.5M | ||
| Q3 24 | $732.1M | $202.1M | ||
| Q2 24 | $742.6M | $205.3M | ||
| Q1 24 | $775.1M | $217.5M |
| Q4 25 | $1.2B | $495.5M | ||
| Q3 25 | $1.2B | $493.7M | ||
| Q2 25 | $1.2B | $483.7M | ||
| Q1 25 | $1.3B | $532.3M | ||
| Q4 24 | $1.3B | $499.7M | ||
| Q3 24 | $1.3B | $481.1M | ||
| Q2 24 | $1.3B | $477.2M | ||
| Q1 24 | $1.4B | $482.2M |
| Q4 25 | 0.26× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.25× | — |
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 | $-4.9M |
| Free Cash FlowOCF − Capex | $17.4M | $-10.2M |
| FCF MarginFCF / Revenue | 12.3% | -6.8% |
| Capex IntensityCapex / Revenue | 0.6% | 3.5% |
| Cash ConversionOCF / Net Profit | 1.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $42.8M | $-13.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.3M | $-4.9M | ||
| Q3 25 | $3.9M | $12.2M | ||
| Q2 25 | $-18.0M | $-41.4M | ||
| Q1 25 | $41.6M | $44.0M | ||
| Q4 24 | $6.0M | $-4.2M | ||
| Q3 24 | $-16.0M | $6.2M | ||
| Q2 24 | $-15.1M | $-7.0M | ||
| Q1 24 | $-15.5M | $56.3M |
| Q4 25 | $17.4M | $-10.2M | ||
| Q3 25 | $3.1M | $7.8M | ||
| Q2 25 | $-18.9M | $-50.0M | ||
| Q1 25 | $41.2M | $38.7M | ||
| Q4 24 | $5.2M | $-6.6M | ||
| Q3 24 | $-16.5M | $119.0K | ||
| Q2 24 | $-16.5M | $-14.3M | ||
| Q1 24 | $-17.6M | $49.5M |
| Q4 25 | 12.3% | -6.8% | ||
| Q3 25 | 2.4% | 4.9% | ||
| Q2 25 | -15.5% | -36.1% | ||
| Q1 25 | 29.1% | 16.0% | ||
| Q4 24 | 3.6% | -4.4% | ||
| Q3 24 | -13.1% | 0.1% | ||
| Q2 24 | -13.4% | -10.8% | ||
| Q1 24 | -17.2% | 19.8% |
| Q4 25 | 0.6% | 3.5% | ||
| Q3 25 | 0.6% | 2.7% | ||
| Q2 25 | 0.7% | 6.2% | ||
| Q1 25 | 0.3% | 2.2% | ||
| Q4 24 | 0.6% | 1.6% | ||
| Q3 24 | 0.4% | 3.9% | ||
| Q2 24 | 1.1% | 5.5% | ||
| Q1 24 | 2.1% | 2.7% |
| Q4 25 | 1.34× | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | -9.47× | — | ||
| Q1 25 | — | 1.25× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.82× |
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% |
LOVE
| Showrooms | $102.7M | 68% |
| Internet | $37.3M | 25% |
| Other | $10.2M | 7% |
