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Side-by-side financial comparison of BLACKBERRY Ltd (BB) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.
BLACKBERRY Ltd is the larger business by last-quarter revenue ($141.8M vs $76.2M, roughly 1.9× VIEMED HEALTHCARE, INC.). BLACKBERRY Ltd runs the higher net margin — 9.7% vs 7.4%, a 2.3% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs -0.8%). BLACKBERRY Ltd produced more free cash flow last quarter ($17.4M vs $9.7M). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% 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.
Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.
BB vs VMD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.8M | $76.2M |
| Net Profit | $13.7M | $5.6M |
| Gross Margin | 77.5% | 57.9% |
| Operating Margin | 8.4% | 11.0% |
| Net Margin | 9.7% | 7.4% |
| Revenue YoY | -0.8% | 25.5% |
| Net Profit YoY | 224.5% | 30.7% |
| EPS (diluted) | $0.02 | $0.14 |
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 | $76.2M | ||
| Q3 25 | $129.6M | $71.9M | ||
| Q2 25 | $121.7M | $63.1M | ||
| Q1 25 | $141.7M | $59.1M | ||
| Q4 24 | $143.6M | $60.7M | ||
| Q3 24 | $126.2M | $58.0M | ||
| Q2 24 | $123.4M | $55.0M | ||
| Q1 24 | $102.1M | $50.6M |
| Q4 25 | $13.7M | $5.6M | ||
| Q3 25 | $13.3M | $3.5M | ||
| Q2 25 | $1.9M | $3.2M | ||
| Q1 25 | $-7.4M | $2.6M | ||
| Q4 24 | $-10.5M | $4.3M | ||
| Q3 24 | $-19.7M | $3.9M | ||
| Q2 24 | $-41.4M | $1.5M | ||
| Q1 24 | $-56.2M | $1.6M |
| Q4 25 | 77.5% | 57.9% | ||
| Q3 25 | 74.5% | 57.5% | ||
| Q2 25 | 74.2% | 58.3% | ||
| Q1 25 | 73.5% | 56.3% | ||
| Q4 24 | 78.1% | 59.5% | ||
| Q3 24 | 70.2% | 59.3% | ||
| Q2 24 | 72.9% | 59.8% | ||
| Q1 24 | — | 58.9% |
| Q4 25 | 8.4% | 11.0% | ||
| Q3 25 | 8.9% | 7.8% | ||
| Q2 25 | 1.6% | 8.1% | ||
| Q1 25 | -5.6% | 6.5% | ||
| Q4 24 | 13.6% | 10.6% | ||
| Q3 24 | 1.7% | 9.7% | ||
| Q2 24 | -10.5% | 6.6% | ||
| Q1 24 | 50.0% | 4.4% |
| Q4 25 | 9.7% | 7.4% | ||
| Q3 25 | 10.3% | 4.9% | ||
| Q2 25 | 1.6% | 5.0% | ||
| Q1 25 | -5.2% | 4.4% | ||
| Q4 24 | -7.3% | 7.1% | ||
| Q3 24 | -15.6% | 6.7% | ||
| Q2 24 | -33.5% | 2.7% | ||
| Q1 24 | -55.0% | 3.2% |
| Q4 25 | $0.02 | $0.14 | ||
| Q3 25 | $0.02 | $0.09 | ||
| Q2 25 | $0.00 | $0.08 | ||
| Q1 25 | $-0.01 | $0.06 | ||
| Q4 24 | $-0.02 | $0.10 | ||
| Q3 24 | $-0.03 | $0.10 | ||
| Q2 24 | $-0.07 | $0.04 | ||
| Q1 24 | $-0.08 | $0.04 |
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 | $13.5M |
| Total DebtLower is stronger | $196.2M | — |
| Stockholders' EquityBook value | $741.1M | $141.5M |
| Total Assets | $1.2B | $199.2M |
| Debt / EquityLower = less leverage | 0.26× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $304.2M | $13.5M | ||
| Q3 25 | $290.5M | $11.1M | ||
| Q2 25 | $306.6M | $20.0M | ||
| Q1 25 | $337.8M | $10.2M | ||
| Q4 24 | $220.0M | $17.5M | ||
| Q3 24 | $211.0M | $11.3M | ||
| Q2 24 | $229.0M | $8.8M | ||
| Q1 24 | $237.1M | $7.3M |
| 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 | $141.5M | ||
| Q3 25 | $725.1M | $133.6M | ||
| Q2 25 | $725.1M | $139.7M | ||
| Q1 25 | $719.9M | $134.8M | ||
| Q4 24 | $725.2M | $131.4M | ||
| Q3 24 | $732.1M | $125.0M | ||
| Q2 24 | $742.6M | $119.4M | ||
| Q1 24 | $775.1M | $116.3M |
| Q4 25 | $1.2B | $199.2M | ||
| Q3 25 | $1.2B | $202.4M | ||
| Q2 25 | $1.2B | $184.6M | ||
| Q1 25 | $1.3B | $178.1M | ||
| Q4 24 | $1.3B | $177.1M | ||
| Q3 24 | $1.3B | $169.5M | ||
| Q2 24 | $1.3B | $163.9M | ||
| Q1 24 | $1.4B | $154.9M |
| 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 | $18.4M |
| Free Cash FlowOCF − Capex | $17.4M | $9.7M |
| FCF MarginFCF / Revenue | 12.3% | 12.7% |
| Capex IntensityCapex / Revenue | 0.6% | 11.5% |
| Cash ConversionOCF / Net Profit | 1.34× | 3.27× |
| TTM Free Cash FlowTrailing 4 quarters | $42.8M | $11.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.3M | $18.4M | ||
| Q3 25 | $3.9M | $18.4M | ||
| Q2 25 | $-18.0M | $12.3M | ||
| Q1 25 | $41.6M | $2.9M | ||
| Q4 24 | $6.0M | $15.0M | ||
| Q3 24 | $-16.0M | $12.7M | ||
| Q2 24 | $-15.1M | $10.2M | ||
| Q1 24 | $-15.5M | $1.2M |
| Q4 25 | $17.4M | $9.7M | ||
| Q3 25 | $3.1M | $10.7M | ||
| Q2 25 | $-18.9M | $4.1M | ||
| Q1 25 | $41.2M | $-12.6M | ||
| Q4 24 | $5.2M | $3.2M | ||
| Q3 24 | $-16.5M | $1.7M | ||
| Q2 24 | $-16.5M | $1.2M | ||
| Q1 24 | $-17.6M | $-4.8M |
| Q4 25 | 12.3% | 12.7% | ||
| Q3 25 | 2.4% | 14.9% | ||
| Q2 25 | -15.5% | 6.5% | ||
| Q1 25 | 29.1% | -21.4% | ||
| Q4 24 | 3.6% | 5.2% | ||
| Q3 24 | -13.1% | 3.0% | ||
| Q2 24 | -13.4% | 2.3% | ||
| Q1 24 | -17.2% | -9.5% |
| Q4 25 | 0.6% | 11.5% | ||
| Q3 25 | 0.6% | 10.6% | ||
| Q2 25 | 0.7% | 12.9% | ||
| Q1 25 | 0.3% | 26.2% | ||
| Q4 24 | 0.6% | 19.5% | ||
| Q3 24 | 0.4% | 19.0% | ||
| Q2 24 | 1.1% | 16.3% | ||
| Q1 24 | 2.1% | 11.9% |
| Q4 25 | 1.34× | 3.27× | ||
| Q3 25 | 0.29× | 5.23× | ||
| Q2 25 | -9.47× | 3.88× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 3.47× | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 6.94× | ||
| Q1 24 | — | 0.73× |
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% |
VMD
Segment breakdown not available.
