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Side-by-side financial comparison of BLACKBERRY Ltd (BB) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.
BLACKBERRY Ltd is the larger business by last-quarter revenue ($141.8M vs $103.6M, roughly 1.4× TACTILE SYSTEMS TECHNOLOGY INC). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs 9.7%, a 0.6% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs -0.8%). BLACKBERRY Ltd produced more free cash flow last quarter ($17.4M vs $16.8M). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% 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.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
BB vs TCMD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.8M | $103.6M |
| Net Profit | $13.7M | $10.6M |
| Gross Margin | 77.5% | 78.2% |
| Operating Margin | 8.4% | 18.1% |
| Net Margin | 9.7% | 10.3% |
| Revenue YoY | -0.8% | 21.0% |
| Net Profit YoY | 224.5% | 9.4% |
| EPS (diluted) | $0.02 | $0.45 |
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 | $103.6M | ||
| Q3 25 | $129.6M | $85.8M | ||
| Q2 25 | $121.7M | $78.9M | ||
| Q1 25 | $141.7M | $61.3M | ||
| Q4 24 | $143.6M | $85.6M | ||
| Q3 24 | $126.2M | $73.1M | ||
| Q2 24 | $123.4M | $73.2M | ||
| Q1 24 | $102.1M | $61.1M |
| Q4 25 | $13.7M | $10.6M | ||
| Q3 25 | $13.3M | $8.2M | ||
| Q2 25 | $1.9M | $3.2M | ||
| Q1 25 | $-7.4M | $-3.0M | ||
| Q4 24 | $-10.5M | $9.7M | ||
| Q3 24 | $-19.7M | $5.2M | ||
| Q2 24 | $-41.4M | $4.3M | ||
| Q1 24 | $-56.2M | $-2.2M |
| Q4 25 | 77.5% | 78.2% | ||
| Q3 25 | 74.5% | 75.8% | ||
| Q2 25 | 74.2% | 74.5% | ||
| Q1 25 | 73.5% | 74.0% | ||
| Q4 24 | 78.1% | 75.2% | ||
| Q3 24 | 70.2% | 75.0% | ||
| Q2 24 | 72.9% | 73.9% | ||
| Q1 24 | — | 71.1% |
| Q4 25 | 8.4% | 18.1% | ||
| Q3 25 | 8.9% | 12.8% | ||
| Q2 25 | 1.6% | 5.2% | ||
| Q1 25 | -5.6% | -7.4% | ||
| Q4 24 | 13.6% | 14.6% | ||
| Q3 24 | 1.7% | 9.3% | ||
| Q2 24 | -10.5% | 8.0% | ||
| Q1 24 | 50.0% | -4.9% |
| Q4 25 | 9.7% | 10.3% | ||
| Q3 25 | 10.3% | 9.6% | ||
| Q2 25 | 1.6% | 4.1% | ||
| Q1 25 | -5.2% | -4.9% | ||
| Q4 24 | -7.3% | 11.4% | ||
| Q3 24 | -15.6% | 7.1% | ||
| Q2 24 | -33.5% | 5.9% | ||
| Q1 24 | -55.0% | -3.6% |
| Q4 25 | $0.02 | $0.45 | ||
| Q3 25 | $0.02 | $0.36 | ||
| Q2 25 | $0.00 | $0.14 | ||
| Q1 25 | $-0.01 | $-0.13 | ||
| Q4 24 | $-0.02 | $0.40 | ||
| Q3 24 | $-0.03 | $0.21 | ||
| Q2 24 | $-0.07 | $0.18 | ||
| Q1 24 | $-0.08 | $-0.09 |
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 | $83.4M |
| Total DebtLower is stronger | $196.2M | $0 |
| Stockholders' EquityBook value | $741.1M | $218.9M |
| Total Assets | $1.2B | $273.9M |
| Debt / EquityLower = less leverage | 0.26× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $304.2M | $83.4M | ||
| Q3 25 | $290.5M | $66.0M | ||
| Q2 25 | $306.6M | $81.5M | ||
| Q1 25 | $337.8M | $83.6M | ||
| Q4 24 | $220.0M | $94.4M | ||
| Q3 24 | $211.0M | $82.1M | ||
| Q2 24 | $229.0M | $73.6M | ||
| Q1 24 | $237.1M | $60.7M |
| Q4 25 | $196.2M | $0 | ||
| Q3 25 | $195.9M | $0 | ||
| Q2 25 | $195.6M | — | ||
| Q1 25 | $195.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $27.0M | ||
| Q2 24 | — | $27.8M | ||
| Q1 24 | $194.1M | $28.5M |
| Q4 25 | $741.1M | $218.9M | ||
| Q3 25 | $725.1M | $204.9M | ||
| Q2 25 | $725.1M | $194.9M | ||
| Q1 25 | $719.9M | $205.6M | ||
| Q4 24 | $725.2M | $216.6M | ||
| Q3 24 | $732.1M | $207.9M | ||
| Q2 24 | $742.6M | $200.7M | ||
| Q1 24 | $775.1M | $193.5M |
| Q4 25 | $1.2B | $273.9M | ||
| Q3 25 | $1.2B | $259.2M | ||
| Q2 25 | $1.2B | $273.0M | ||
| Q1 25 | $1.3B | $280.2M | ||
| Q4 24 | $1.3B | $297.9M | ||
| Q3 24 | $1.3B | $287.7M | ||
| Q2 24 | $1.3B | $278.8M | ||
| Q1 24 | $1.4B | $272.0M |
| Q4 25 | 0.26× | 0.00× | ||
| Q3 25 | 0.27× | 0.00× | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | 0.25× | 0.15× |
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 | $17.3M |
| Free Cash FlowOCF − Capex | $17.4M | $16.8M |
| FCF MarginFCF / Revenue | 12.3% | 16.2% |
| Capex IntensityCapex / Revenue | 0.6% | 0.5% |
| Cash ConversionOCF / Net Profit | 1.34× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $42.8M | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.3M | $17.3M | ||
| Q3 25 | $3.9M | $10.3M | ||
| Q2 25 | $-18.0M | $14.8M | ||
| Q1 25 | $41.6M | $417.0K | ||
| Q4 24 | $6.0M | $16.3M | ||
| Q3 24 | $-16.0M | $10.3M | ||
| Q2 24 | $-15.1M | $13.1M | ||
| Q1 24 | $-15.5M | $924.0K |
| Q4 25 | $17.4M | $16.8M | ||
| Q3 25 | $3.1M | $9.2M | ||
| Q2 25 | $-18.9M | $14.4M | ||
| Q1 25 | $41.2M | $38.0K | ||
| Q4 24 | $5.2M | $15.9M | ||
| Q3 24 | $-16.5M | $9.3M | ||
| Q2 24 | $-16.5M | $12.6M | ||
| Q1 24 | $-17.6M | $442.0K |
| Q4 25 | 12.3% | 16.2% | ||
| Q3 25 | 2.4% | 10.8% | ||
| Q2 25 | -15.5% | 18.2% | ||
| Q1 25 | 29.1% | 0.1% | ||
| Q4 24 | 3.6% | 18.5% | ||
| Q3 24 | -13.1% | 12.7% | ||
| Q2 24 | -13.4% | 17.3% | ||
| Q1 24 | -17.2% | 0.7% |
| Q4 25 | 0.6% | 0.5% | ||
| Q3 25 | 0.6% | 1.3% | ||
| Q2 25 | 0.7% | 0.5% | ||
| Q1 25 | 0.3% | 0.6% | ||
| Q4 24 | 0.6% | 0.5% | ||
| Q3 24 | 0.4% | 1.3% | ||
| Q2 24 | 1.1% | 0.7% | ||
| Q1 24 | 2.1% | 0.8% |
| Q4 25 | 1.34× | 1.63× | ||
| Q3 25 | 0.29× | 1.26× | ||
| Q2 25 | -9.47× | 4.59× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 1.99× | ||
| Q2 24 | — | 3.06× | ||
| 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% |
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
