Question · Q2 2026
Todd Adair Coupland from CIBC asked for an update on QNX's backlog and its growth during the quarter. He also questioned the sustainability of QNX's double-digit growth, given the 15% growth in Q2 and implied double-digit growth for the second half of the year.
Answer
CFO Tim Foote explained that QNX backlog is an annual metric due to quarterly volatility in design win dollars, noting Q1 was weaker but Q2 was ahead of plan with a solid pipeline for the second half, with a full update expected at Q4. CEO John Giamatteo affirmed confidence in sustainable double-digit growth, citing progress from existing bookings, new programs, the vehicle platform initiative, SDP8 adoption, the QNX Sound win, and successful diversification into the General Embedded Market (GEM), including robotics.