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Side-by-side financial comparison of BLACKBERRY Ltd (BB) and STONERIDGE INC (SRI). Click either name above to swap in a different company.
STONERIDGE INC is the larger business by last-quarter revenue ($205.2M vs $141.8M, roughly 1.4× BLACKBERRY Ltd). On growth, BLACKBERRY Ltd posted the faster year-over-year revenue change (-0.8% vs -6.0%). BLACKBERRY Ltd produced more free cash flow last quarter ($17.4M vs $2.6M). Over the past eight quarters, BLACKBERRY Ltd's revenue compounded faster (17.8% CAGR vs -7.4%).
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.
Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.
BB vs SRI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.8M | $205.2M |
| Net Profit | $13.7M | — |
| Gross Margin | 77.5% | 16.2% |
| Operating Margin | 8.4% | -14.4% |
| Net Margin | 9.7% | — |
| Revenue YoY | -0.8% | -6.0% |
| Net Profit YoY | 224.5% | — |
| EPS (diluted) | $0.02 | $-2.76 |
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 | $205.2M | ||
| Q3 25 | $129.6M | $210.3M | ||
| Q2 25 | $121.7M | $228.0M | ||
| Q1 25 | $141.7M | $217.9M | ||
| Q4 24 | $143.6M | $218.2M | ||
| Q3 24 | $126.2M | $213.8M | ||
| Q2 24 | $123.4M | $237.1M | ||
| Q1 24 | $102.1M | $239.2M |
| Q4 25 | $13.7M | — | ||
| Q3 25 | $13.3M | $-9.4M | ||
| Q2 25 | $1.9M | $-9.4M | ||
| Q1 25 | $-7.4M | $-7.2M | ||
| Q4 24 | $-10.5M | — | ||
| Q3 24 | $-19.7M | $-7.1M | ||
| Q2 24 | $-41.4M | $2.8M | ||
| Q1 24 | $-56.2M | $-6.1M |
| Q4 25 | 77.5% | 16.2% | ||
| Q3 25 | 74.5% | 20.3% | ||
| Q2 25 | 74.2% | 21.5% | ||
| Q1 25 | 73.5% | 21.2% | ||
| Q4 24 | 78.1% | 19.5% | ||
| Q3 24 | 70.2% | 20.8% | ||
| Q2 24 | 72.9% | 22.7% | ||
| Q1 24 | — | 20.2% |
| Q4 25 | 8.4% | -14.4% | ||
| Q3 25 | 8.9% | -1.6% | ||
| Q2 25 | 1.6% | -1.1% | ||
| Q1 25 | -5.6% | -1.5% | ||
| Q4 24 | 13.6% | -2.0% | ||
| Q3 24 | 1.7% | 0.1% | ||
| Q2 24 | -10.5% | 1.4% | ||
| Q1 24 | 50.0% | 0.1% |
| Q4 25 | 9.7% | — | ||
| Q3 25 | 10.3% | -4.5% | ||
| Q2 25 | 1.6% | -4.1% | ||
| Q1 25 | -5.2% | -3.3% | ||
| Q4 24 | -7.3% | — | ||
| Q3 24 | -15.6% | -3.3% | ||
| Q2 24 | -33.5% | 1.2% | ||
| Q1 24 | -55.0% | -2.6% |
| Q4 25 | $0.02 | $-2.76 | ||
| Q3 25 | $0.02 | $-0.34 | ||
| Q2 25 | $0.00 | $-0.34 | ||
| Q1 25 | $-0.01 | $-0.26 | ||
| Q4 24 | $-0.02 | $-0.22 | ||
| Q3 24 | $-0.03 | $-0.26 | ||
| Q2 24 | $-0.07 | $0.10 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $304.2M | $66.3M |
| Total DebtLower is stronger | $196.2M | $180.9M |
| Stockholders' EquityBook value | $741.1M | $179.8M |
| Total Assets | $1.2B | $551.2M |
| Debt / EquityLower = less leverage | 0.26× | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $304.2M | $66.3M | ||
| Q3 25 | $290.5M | $54.0M | ||
| Q2 25 | $306.6M | $49.8M | ||
| Q1 25 | $337.8M | $79.1M | ||
| Q4 24 | $220.0M | $71.8M | ||
| Q3 24 | $211.0M | $54.1M | ||
| Q2 24 | $229.0M | $42.1M | ||
| Q1 24 | $237.1M | $48.4M |
| Q4 25 | $196.2M | $180.9M | ||
| Q3 25 | $195.9M | — | ||
| Q2 25 | $195.6M | — | ||
| Q1 25 | $195.3M | — | ||
| Q4 24 | — | $201.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $194.1M | — |
| Q4 25 | $741.1M | $179.8M | ||
| Q3 25 | $725.1M | $251.2M | ||
| Q2 25 | $725.1M | $260.5M | ||
| Q1 25 | $719.9M | $253.1M | ||
| Q4 24 | $725.2M | $245.3M | ||
| Q3 24 | $732.1M | $271.4M | ||
| Q2 24 | $742.6M | $270.5M | ||
| Q1 24 | $775.1M | $277.3M |
| Q4 25 | $1.2B | $551.2M | ||
| Q3 25 | $1.2B | $632.1M | ||
| Q2 25 | $1.2B | $639.4M | ||
| Q1 25 | $1.3B | $657.4M | ||
| Q4 24 | $1.3B | $621.6M | ||
| Q3 24 | $1.3B | $662.5M | ||
| Q2 24 | $1.3B | $666.7M | ||
| Q1 24 | $1.4B | $675.4M |
| Q4 25 | 0.26× | 1.01× | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | — | 0.82× | ||
| 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 | $8.8M |
| Free Cash FlowOCF − Capex | $17.4M | $2.6M |
| FCF MarginFCF / Revenue | 12.3% | 1.3% |
| Capex IntensityCapex / Revenue | 0.6% | 3.0% |
| Cash ConversionOCF / Net Profit | 1.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $42.8M | $12.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.3M | $8.8M | ||
| Q3 25 | $3.9M | $3.6M | ||
| Q2 25 | $-18.0M | $10.7M | ||
| Q1 25 | $41.6M | $10.9M | ||
| Q4 24 | $6.0M | $19.2M | ||
| Q3 24 | $-16.0M | $10.8M | ||
| Q2 24 | $-15.1M | $8.7M | ||
| Q1 24 | $-15.5M | $9.1M |
| Q4 25 | $17.4M | $2.6M | ||
| Q3 25 | $3.1M | $-2.7M | ||
| Q2 25 | $-18.9M | $7.4M | ||
| Q1 25 | $41.2M | $4.8M | ||
| Q4 24 | $5.2M | $14.0M | ||
| Q3 24 | $-16.5M | $4.6M | ||
| Q2 24 | $-16.5M | $1.5M | ||
| Q1 24 | $-17.6M | $3.3M |
| Q4 25 | 12.3% | 1.3% | ||
| Q3 25 | 2.4% | -1.3% | ||
| Q2 25 | -15.5% | 3.3% | ||
| Q1 25 | 29.1% | 2.2% | ||
| Q4 24 | 3.6% | 6.4% | ||
| Q3 24 | -13.1% | 2.2% | ||
| Q2 24 | -13.4% | 0.6% | ||
| Q1 24 | -17.2% | 1.4% |
| Q4 25 | 0.6% | 3.0% | ||
| Q3 25 | 0.6% | 3.0% | ||
| Q2 25 | 0.7% | 1.4% | ||
| Q1 25 | 0.3% | 2.8% | ||
| Q4 24 | 0.6% | 2.4% | ||
| Q3 24 | 0.4% | 2.9% | ||
| Q2 24 | 1.1% | 3.0% | ||
| Q1 24 | 2.1% | 2.4% |
| Q4 25 | 1.34× | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | -9.47× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.11× | ||
| Q1 24 | — | — |
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% |
SRI
| Control Devices | $51.7M | 25% |
| Electronics | $38.0M | 19% |
| EE | $34.2M | 17% |
| SE | $28.6M | 14% |
| NL | $24.5M | 12% |
| Stoneridge Brazil | $14.1M | 7% |
| Asia Pacific | $13.1M | 6% |
