BlackBerry Says QNX Royalty Backlog Grows Past $1.2 Billion
MT newswire2026/10/20 12:16Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:16 AM EDT, 10/20/2026 (MT Newswires) -- BlackBerry (BB) said Tuesday the royalty backlog at its QNX division rose more than $250 million in two quarters to above $1.2 billion, compared with about $950 million at the end of fiscal 2026. The increase was driven by adoption of the QNX Software Development Platform 8.0 and the first design win for Alloy Kore, the division's automotive operating system, the company said. The Alloy Kore award is worth more than $100 million in estimated future royalties, and design wins in robotics, industrial automation and medical devices also contributed to the 26% increase, BlackBerry said.
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