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Side-by-side financial comparison of BLACKBERRY Ltd (BB) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.
Vital Farms, Inc. is the larger business by last-quarter revenue ($213.6M vs $141.8M, roughly 1.5× BLACKBERRY Ltd). BLACKBERRY Ltd runs the higher net margin — 9.7% vs 7.6%, a 2.0% gap on every dollar of revenue. On growth, Vital Farms, Inc. posted the faster year-over-year revenue change (28.7% vs -0.8%). BLACKBERRY Ltd produced more free cash flow last quarter ($17.4M vs $-32.1M). Over the past eight quarters, Vital Farms, Inc.'s revenue compounded faster (20.2% 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.
Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".
BB vs VITL — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.8M | $213.6M |
| Net Profit | $13.7M | $16.3M |
| Gross Margin | 77.5% | 35.8% |
| Operating Margin | 8.4% | 10.0% |
| Net Margin | 9.7% | 7.6% |
| Revenue YoY | -0.8% | 28.7% |
| Net Profit YoY | 224.5% | 54.3% |
| EPS (diluted) | $0.02 | $0.35 |
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 | $213.6M | ||
| Q3 25 | $129.6M | $198.9M | ||
| Q2 25 | $121.7M | $184.8M | ||
| Q1 25 | $141.7M | $162.2M | ||
| Q4 24 | $143.6M | $166.0M | ||
| Q3 24 | $126.2M | $145.0M | ||
| Q2 24 | $123.4M | $147.4M | ||
| Q1 24 | $102.1M | $147.9M |
| Q4 25 | $13.7M | $16.3M | ||
| Q3 25 | $13.3M | $16.4M | ||
| Q2 25 | $1.9M | $16.6M | ||
| Q1 25 | $-7.4M | $16.9M | ||
| Q4 24 | $-10.5M | $10.6M | ||
| Q3 24 | $-19.7M | $7.4M | ||
| Q2 24 | $-41.4M | $16.3M | ||
| Q1 24 | $-56.2M | $19.0M |
| Q4 25 | 77.5% | 35.8% | ||
| Q3 25 | 74.5% | 37.7% | ||
| Q2 25 | 74.2% | 38.9% | ||
| Q1 25 | 73.5% | 38.5% | ||
| Q4 24 | 78.1% | 36.1% | ||
| Q3 24 | 70.2% | 36.9% | ||
| Q2 24 | 72.9% | 39.1% | ||
| Q1 24 | — | 39.8% |
| Q4 25 | 8.4% | 10.0% | ||
| Q3 25 | 8.9% | 10.8% | ||
| Q2 25 | 1.6% | 12.9% | ||
| Q1 25 | -5.6% | 13.4% | ||
| Q4 24 | 13.6% | 7.8% | ||
| Q3 24 | 1.7% | 6.4% | ||
| Q2 24 | -10.5% | 11.6% | ||
| Q1 24 | 50.0% | 16.3% |
| Q4 25 | 9.7% | 7.6% | ||
| Q3 25 | 10.3% | 8.3% | ||
| Q2 25 | 1.6% | 9.0% | ||
| Q1 25 | -5.2% | 10.4% | ||
| Q4 24 | -7.3% | 6.4% | ||
| Q3 24 | -15.6% | 5.1% | ||
| Q2 24 | -33.5% | 11.1% | ||
| Q1 24 | -55.0% | 12.9% |
| Q4 25 | $0.02 | $0.35 | ||
| Q3 25 | $0.02 | $0.36 | ||
| Q2 25 | $0.00 | $0.36 | ||
| Q1 25 | $-0.01 | $0.37 | ||
| Q4 24 | $-0.02 | $0.23 | ||
| Q3 24 | $-0.03 | $0.16 | ||
| Q2 24 | $-0.07 | $0.36 | ||
| Q1 24 | $-0.08 | $0.43 |
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 | $48.8M |
| Total DebtLower is stronger | $196.2M | — |
| Stockholders' EquityBook value | $741.1M | $351.3M |
| Total Assets | $1.2B | $518.7M |
| Debt / EquityLower = less leverage | 0.26× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $304.2M | $48.8M | ||
| Q3 25 | $290.5M | $93.8M | ||
| Q2 25 | $306.6M | $108.2M | ||
| Q1 25 | $337.8M | $156.3M | ||
| Q4 24 | $220.0M | $150.6M | ||
| Q3 24 | $211.0M | $149.5M | ||
| Q2 24 | $229.0M | $133.2M | ||
| Q1 24 | $237.1M | $113.8M |
| 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 | $351.3M | ||
| Q3 25 | $725.1M | $331.2M | ||
| Q2 25 | $725.1M | $309.8M | ||
| Q1 25 | $719.9M | $288.9M | ||
| Q4 24 | $725.2M | $269.3M | ||
| Q3 24 | $732.1M | $253.4M | ||
| Q2 24 | $742.6M | $238.4M | ||
| Q1 24 | $775.1M | $213.3M |
| Q4 25 | $1.2B | $518.7M | ||
| Q3 25 | $1.2B | $481.5M | ||
| Q2 25 | $1.2B | $430.8M | ||
| Q1 25 | $1.3B | $376.9M | ||
| Q4 24 | $1.3B | $359.3M | ||
| Q3 24 | $1.3B | $344.7M | ||
| Q2 24 | $1.3B | $320.5M | ||
| Q1 24 | $1.4B | $300.2M |
| 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 | $5.8M |
| Free Cash FlowOCF − Capex | $17.4M | $-32.1M |
| FCF MarginFCF / Revenue | 12.3% | -15.1% |
| Capex IntensityCapex / Revenue | 0.6% | 17.8% |
| Cash ConversionOCF / Net Profit | 1.34× | 0.35× |
| TTM Free Cash FlowTrailing 4 quarters | $42.8M | $-48.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.3M | $5.8M | ||
| Q3 25 | $3.9M | $23.4M | ||
| Q2 25 | $-18.0M | $-761.0K | ||
| Q1 25 | $41.6M | $5.3M | ||
| Q4 24 | $6.0M | $14.8M | ||
| Q3 24 | $-16.0M | $10.0M | ||
| Q2 24 | $-15.1M | $16.1M | ||
| Q1 24 | $-15.5M | $23.9M |
| Q4 25 | $17.4M | $-32.1M | ||
| Q3 25 | $3.1M | $-10.6M | ||
| Q2 25 | $-18.9M | $-7.6M | ||
| Q1 25 | $41.2M | $2.1M | ||
| Q4 24 | $5.2M | $-3.4M | ||
| Q3 24 | $-16.5M | $6.4M | ||
| Q2 24 | $-16.5M | $10.5M | ||
| Q1 24 | $-17.6M | $22.6M |
| Q4 25 | 12.3% | -15.1% | ||
| Q3 25 | 2.4% | -5.3% | ||
| Q2 25 | -15.5% | -4.1% | ||
| Q1 25 | 29.1% | 1.3% | ||
| Q4 24 | 3.6% | -2.0% | ||
| Q3 24 | -13.1% | 4.4% | ||
| Q2 24 | -13.4% | 7.2% | ||
| Q1 24 | -17.2% | 15.3% |
| Q4 25 | 0.6% | 17.8% | ||
| Q3 25 | 0.6% | 17.1% | ||
| Q2 25 | 0.7% | 3.7% | ||
| Q1 25 | 0.3% | 1.9% | ||
| Q4 24 | 0.6% | 10.9% | ||
| Q3 24 | 0.4% | 2.5% | ||
| Q2 24 | 1.1% | 3.8% | ||
| Q1 24 | 2.1% | 0.9% |
| Q4 25 | 1.34× | 0.35× | ||
| Q3 25 | 0.29× | 1.43× | ||
| Q2 25 | -9.47× | -0.05× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | — | 1.26× |
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% |
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |
