vs
Side-by-side financial comparison of BLACKBERRY Ltd (BB) and Urban Edge Properties (UE). Click either name above to swap in a different company.
BLACKBERRY Ltd is the larger business by last-quarter revenue ($141.8M vs $132.6M, roughly 1.1× Urban Edge Properties). Urban Edge Properties runs the higher net margin — 17.1% vs 9.7%, a 7.4% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs -0.8%). Over the past eight quarters, BLACKBERRY Ltd's revenue compounded faster (17.8% CAGR vs 11.6%).
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.
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
BB vs UE — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.8M | $132.6M |
| Net Profit | $13.7M | $22.6M |
| Gross Margin | 77.5% | — |
| Operating Margin | 8.4% | — |
| Net Margin | 9.7% | 17.1% |
| Revenue YoY | -0.8% | 12.2% |
| Net Profit YoY | 224.5% | 176.2% |
| EPS (diluted) | $0.02 | $0.18 |
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.
| Q1 26 | — | $132.6M | ||
| Q4 25 | $141.8M | $119.6M | ||
| Q3 25 | $129.6M | $120.1M | ||
| Q2 25 | $121.7M | $114.1M | ||
| Q1 25 | $141.7M | $118.2M | ||
| Q4 24 | $143.6M | $116.4M | ||
| Q3 24 | $126.2M | $112.4M | ||
| Q2 24 | $123.4M | $106.5M |
| Q1 26 | — | $22.6M | ||
| Q4 25 | $13.7M | $12.4M | ||
| Q3 25 | $13.3M | $14.9M | ||
| Q2 25 | $1.9M | $58.0M | ||
| Q1 25 | $-7.4M | $8.2M | ||
| Q4 24 | $-10.5M | $30.1M | ||
| Q3 24 | $-19.7M | $9.1M | ||
| Q2 24 | $-41.4M | $30.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 8.4% | 11.3% | ||
| Q3 25 | 8.9% | 13.4% | ||
| Q2 25 | 1.6% | 53.9% | ||
| Q1 25 | -5.6% | 7.6% | ||
| Q4 24 | 13.6% | 27.6% | ||
| Q3 24 | 1.7% | 8.9% | ||
| Q2 24 | -10.5% | 30.6% |
| Q1 26 | — | 17.1% | ||
| Q4 25 | 9.7% | 10.4% | ||
| Q3 25 | 10.3% | 12.4% | ||
| Q2 25 | 1.6% | 50.8% | ||
| Q1 25 | -5.2% | 6.9% | ||
| Q4 24 | -7.3% | 25.9% | ||
| Q3 24 | -15.6% | 8.1% | ||
| Q2 24 | -33.5% | 28.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.02 | $0.09 | ||
| Q3 25 | $0.02 | $0.12 | ||
| Q2 25 | $0.00 | $0.46 | ||
| Q1 25 | $-0.01 | $0.07 | ||
| Q4 24 | $-0.02 | $0.25 | ||
| Q3 24 | $-0.03 | $0.07 | ||
| Q2 24 | $-0.07 | $0.26 |
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 | $50.0M |
| Total DebtLower is stronger | $196.2M | — |
| Stockholders' EquityBook value | $741.1M | $1.4B |
| Total Assets | $1.2B | $3.4B |
| Debt / EquityLower = less leverage | 0.26× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $50.0M | ||
| Q4 25 | $304.2M | $48.9M | ||
| Q3 25 | $290.5M | $77.8M | ||
| Q2 25 | $306.6M | $53.0M | ||
| Q1 25 | $337.8M | $48.0M | ||
| Q4 24 | $220.0M | $41.4M | ||
| Q3 24 | $211.0M | $67.9M | ||
| Q2 24 | $229.0M | $78.6M |
| Q1 26 | — | — | ||
| Q4 25 | $196.2M | — | ||
| Q3 25 | $195.9M | — | ||
| Q2 25 | $195.6M | — | ||
| Q1 25 | $195.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $741.1M | $1.4B | ||
| Q3 25 | $725.1M | $1.4B | ||
| Q2 25 | $725.1M | $1.4B | ||
| Q1 25 | $719.9M | $1.4B | ||
| Q4 24 | $725.2M | $1.4B | ||
| Q3 24 | $732.1M | $1.3B | ||
| Q2 24 | $742.6M | $1.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $1.2B | $3.3B | ||
| Q3 25 | $1.2B | $3.3B | ||
| Q2 25 | $1.2B | $3.3B | ||
| Q1 25 | $1.3B | $3.3B | ||
| Q4 24 | $1.3B | $3.3B | ||
| Q3 24 | $1.3B | $3.2B | ||
| Q2 24 | $1.3B | $3.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.26× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $39.1M |
| Free Cash FlowOCF − Capex | $17.4M | — |
| FCF MarginFCF / Revenue | 12.3% | — |
| Capex IntensityCapex / Revenue | 0.6% | 1.5% |
| Cash ConversionOCF / Net Profit | 1.34× | 1.73× |
| TTM Free Cash FlowTrailing 4 quarters | $42.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.1M | ||
| Q4 25 | $18.3M | $182.7M | ||
| Q3 25 | $3.9M | $55.7M | ||
| Q2 25 | $-18.0M | $43.5M | ||
| Q1 25 | $41.6M | $32.6M | ||
| Q4 24 | $6.0M | $153.2M | ||
| Q3 24 | $-16.0M | $36.6M | ||
| Q2 24 | $-15.1M | $41.2M |
| Q1 26 | — | — | ||
| Q4 25 | $17.4M | $81.8M | ||
| Q3 25 | $3.1M | $26.1M | ||
| Q2 25 | $-18.9M | $19.6M | ||
| Q1 25 | $41.2M | $11.9M | ||
| Q4 24 | $5.2M | $42.5M | ||
| Q3 24 | $-16.5M | $12.2M | ||
| Q2 24 | $-16.5M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 12.3% | 68.4% | ||
| Q3 25 | 2.4% | 21.7% | ||
| Q2 25 | -15.5% | 17.2% | ||
| Q1 25 | 29.1% | 10.0% | ||
| Q4 24 | 3.6% | 36.6% | ||
| Q3 24 | -13.1% | 10.8% | ||
| Q2 24 | -13.4% | 18.6% |
| Q1 26 | — | 1.5% | ||
| Q4 25 | 0.6% | 84.4% | ||
| Q3 25 | 0.6% | 24.6% | ||
| Q2 25 | 0.7% | 20.9% | ||
| Q1 25 | 0.3% | 17.5% | ||
| Q4 24 | 0.6% | 95.1% | ||
| Q3 24 | 0.4% | 21.7% | ||
| Q2 24 | 1.1% | 20.1% |
| Q1 26 | — | 1.73× | ||
| Q4 25 | 1.34× | 14.71× | ||
| Q3 25 | 0.29× | 3.73× | ||
| Q2 25 | -9.47× | 0.75× | ||
| Q1 25 | — | 3.97× | ||
| Q4 24 | — | 5.09× | ||
| Q3 24 | — | 4.03× | ||
| Q2 24 | — | 1.34× |
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% |
UE
| Rental revenue | $124.2M | 94% |
| Other | $8.4M | 6% |
