Braze (BRZE) Financials

$35.46 0.00 (0.00%)

As of 05/20/2025 04:00 PM Eastern

Annual Income Statements for Braze

This table shows Braze's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2025	2024	2023	2022	2021	2020
Period end date	1/31/2025	1/31/2024	1/31/2023	1/31/2022	1/31/2021	1/31/2020
Net Income / (Loss) Attributable to Common Shareholders	-104	-129	-139	-77	-32	-32
Consolidated Net Income / (Loss)	-104	-130	-141	-78	-32	-32
Net Income / (Loss) Continuing Operations	-104	-130	-141	-78	-32	-32
Total Pre-Tax Income	-101	-128	-140	-78	-31	-31
Total Operating Income	-122	-145	-148	-78	-32	-34
Total Gross Profit	410	324	240	160	96	61
Total Revenue	593	472	355	238	150	96
Operating Revenue	593	472	355	238	150	96
Total Cost of Revenue	183	148	116	79	55	36
Operating Cost of Revenue	183	148	116	79	55	36
Total Operating Expenses	532	469	388	238	128	94
Selling, General & Admin Expense	116	102	89	52	28	17
Marketing Expense	282	247	202	127	71	57
Research & Development Expense	134	120	97	59	29	20
Total Other Income / (Expense), net	22	16	7.98	-0.12	0.72	2.18
Other Income / (Expense), net	22	16	7.98	-0.12	0.72	0.05
Income Tax Expense	3.45	1.96	0.58	-0.17	0.54	0.45
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.30	-1.26	-1.78	-1.45	-0.22	0.00
Basic Earnings per Share	($1.02)	($1.32)	($1.47)	($2.20)	($1.77)	($1.96)
Weighted Average Basic Shares Outstanding	102.19M	98.10M	94.57M	34.90M	17.97M	16.19M
Diluted Earnings per Share	($1.02)	($1.32)	($1.47)	($2.20)	($1.77)	($1.96)
Weighted Average Diluted Shares Outstanding	102.19M	98.10M	94.57M	34.90M	17.97M	16.19M
Weighted Average Basic & Diluted Shares Outstanding	104.63M	100.84M	96.23M	93.23M	-	-

This table shows Braze's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023
Period end date	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022	7/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-17	-28	-23	-36	-28	-31	-32	-38	-33	-33	-33
Consolidated Net Income / (Loss)	-17	-28	-23	-36	-29	-31	-32	-39	-34	-34	-33
Net Income / (Loss) Continuing Operations	-17	-28	-23	-36	-29	-31	-32	-39	-34	-34	-33
Total Pre-Tax Income	-16	-27	-22	-35	-28	-31	-32	-38	-33	-34	-33
Total Operating Income	-22	-33	-28	-40	-32	-35	-35	-42	-37	-37	-35
Total Gross Profit	111	106	102	91	88	88	80	69	65	64	59
Total Revenue	160	152	145	135	131	124	115	102	99	93	86
Operating Revenue	160	152	145	135	131	124	115	102	99	93	86
Total Cost of Revenue	49	46	43	45	43	36	35	33	33	29	27
Operating Cost of Revenue	49	46	43	45	43	36	35	33	33	29	27
Total Operating Expenses	133	139	130	131	120	123	115	111	102	101	94
Selling, General & Admin Expense	30	31	28	27	26	26	25	24	22	22	21
Marketing Expense	69	75	69	70	63	66	60	57	53	53	50
Research & Development Expense	34	33	33	34	31	30	29	30	27	26	23
Total Other Income / (Expense), net	5.59	5.29	5.50	5.17	4.35	4.54	3.87	3.46	3.64	2.58	1.73
Other Income / (Expense), net	5.59	5.29	5.50	5.17	4.35	4.54	3.87	3.46	3.64	2.58	1.73
Income Tax Expense	1.09	0.85	0.70	0.80	0.64	0.39	0.55	0.39	0.97	-0.39	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	0.13	-0.22	-0.15	-0.07	-0.30	-0.24	-0.36	-0.37	-0.36	-0.53	-0.53
Basic Earnings per Share	($0.17)	($0.27)	($0.23)	($0.35)	($0.28)	($0.31)	($0.33)	($0.40)	($0.35)	($0.35)	($0.35)
Weighted Average Basic Shares Outstanding	102.19M	102.15M	101.45M	100.79M	98.10M	97.88M	97.18M	96.35M	94.57M	94.47M	94.10M
Diluted Earnings per Share	($0.17)	($0.27)	($0.23)	($0.35)	($0.28)	($0.31)	($0.33)	($0.40)	($0.35)	($0.35)	($0.35)
Weighted Average Diluted Shares Outstanding	102.19M	102.15M	101.45M	100.79M	98.10M	97.88M	97.18M	96.35M	94.57M	94.47M	94.10M
Weighted Average Basic & Diluted Shares Outstanding	104.63M	103.48M	102.73M	101.63M	100.84M	99.84M	98.87M	97.59M	96.23M	95.71M	95.04M

This table details how cash moves in and out of Braze's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2025	2024	2023	2022	2021	2020
Period end date	1/31/2025	1/31/2024	1/31/2023	1/31/2022	1/31/2021	1/31/2020
Net Change in Cash & Equivalents	11	-0.49	-410	450	21	-93
Net Cash From Operating Activities	37	6.85	-22	-35	-6.08	-7.37
Net Cash From Continuing Operating Activities	37	6.85	-22	-35	-6.08	-7.37
Net Income / (Loss) Continuing Operations	-104	-130	-141	-78	-32	-32
Consolidated Net Income / (Loss)	-104	-130	-141	-78	-32	-32
Depreciation Expense	10	6.96	4.62	2.77	1.59	0.65
Amortization Expense	33	28	25	18	11	5.33
Non-Cash Adjustments To Reconcile Net Income	121	103	79	48	8.68	13
Changes in Operating Assets and Liabilities, net	-23	-0.52	9.43	-26	4.66	5.27
Net Cash From Investing Activities	-36	-20	-399	18	22	-87
Net Cash From Continuing Investing Activities	-36	-20	-399	18	22	-87
Purchase of Property, Plant & Equipment	-17	-13	-17	-4.38	-4.35	-2.55
Acquisitions	0.00	-16	0.00	0.00	-	-
Purchase of Investments	-218	-248	-638	-37	-59	-123
Sale and/or Maturity of Investments	199	258	256	59	86	38
Net Cash From Financing Activities	12	13	11	468	4.87	1.26
Net Cash From Continuing Financing Activities	12	13	11	468	4.87	1.26
Issuance of Common Equity	7.71	6.01	0.00	460	2.45	0.00
Other Financing Activities, net	3.99	7.10	11	8.36	2.81	1.27
Effect of Exchange Rate Changes	-0.44	-0.48	-0.86	-0.60	0.16	0.02
Cash Income Taxes Paid	2.95	0.31	0.37	0.30	0.47	0.18

This table details how cash moves in and out of Braze's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023
Period end date	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022	7/31/2022
Net Change in Cash & Equivalents	22	-18	0.95	6.57	7.76	-17	-40	49	23	-35	-9.73
Net Cash From Operating Activities	17	-11	12	19	3.82	-2.00	-18	23	0.01	-24	-16
Net Cash From Continuing Operating Activities	17	-11	12	19	3.82	-2.00	-18	23	-0.02	-24	-16
Net Income / (Loss) Continuing Operations	-17	-28	-23	-36	-29	-31	-32	-39	-34	-34	-33
Consolidated Net Income / (Loss)	-17	-28	-23	-36	-29	-31	-32	-39	-34	-34	-33
Depreciation Expense	2.75	2.64	2.61	2.13	1.88	2.24	1.32	1.53	1.69	1.03	0.94
Amortization Expense	8.54	8.46	8.11	7.83	4.45	8.33	7.80	7.13	6.97	6.80	5.78
Non-Cash Adjustments To Reconcile Net Income	29	31	31	29	25	25	27	25	20	21	17
Changes in Operating Assets and Liabilities, net	-5.95	-26	-7.24	16	0.62	-7.01	-22	28	5.09	-19	-6.65
Net Cash From Investing Activities	-0.84	-8.20	-17	-11	-0.50	-16	-28	24	18	-13	4.00
Net Cash From Continuing Investing Activities	-0.84	-8.20	-17	-11	-0.50	-16	-28	24	18	-13	4.00
Purchase of Property, Plant & Equipment	-1.88	-2.84	-4.38	-7.95	-7.36	-3.91	-1.18	-0.89	-1.93	-4.14	-8.36
Purchase of Investments	-38	-37	-82	-60	-56	-71	-75	-46	-23	-71	-122
Sale and/or Maturity of Investments	39	32	70	57	63	58	65	71	43	62	135
Net Cash From Financing Activities	6.18	1.48	5.92	-1.88	4.10	1.67	5.12	2.21	4.12	1.80	2.78
Net Cash From Continuing Financing Activities	6.18	1.48	5.92	-1.88	4.10	1.67	5.12	2.21	4.12	1.80	2.78
Issuance of Common Equity	2.95	-	-	-	2.79	3.22	-	-	-	-	-
Other Financing Activities, net	3.22	1.48	1.17	-1.88	1.31	-1.55	5.12	2.21	4.12	1.80	2.78
Effect of Exchange Rate Changes	-0.67	0.32	0.24	-0.34	0.33	-0.51	-0.12	-0.18	1.04	-0.63	-0.19
Cash Income Taxes Paid	0.43	0.56	0.38	1.58	0.13	0.10	0.55	-0.47	0.04	0.01	0.15

This table presents Braze's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2025	2024	2023	2022	2021
Period end date	1/31/2025	1/31/2024	1/31/2023	1/31/2022	1/31/2021
Total Assets	871	811	705	666	171
Total Current Assets	644	601	583	608	134
Cash & Equivalents	83	68	69	479	29
Restricted Cash	0.00	3.37	0.00	-	0.47
Short-Term Investments	430	408	410	35	58
Accounts Receivable	95	92	78	65	35
Prepaid Expenses	35	29	26	30	12
Plant, Property, & Equipment, net	39	29	20	7.39	5.49
Total Noncurrent Assets	188	180	102	51	32
Goodwill	28	28	0.00	-	-
Intangible Assets	3.13	3.69	0.50	-	-
Other Noncurrent Operating Assets	157	148	101	51	32
Total Liabilities & Shareholders' Equity	871	811	705	666	171
Total Liabilities	396	367	259	161	103
Total Current Liabilities	324	289	217	160	101
Accounts Payable	2.15	6.32	3.10	2.08	0.44
Accrued Expenses	64	63	37	32	26
Current Deferred Revenue	240	204	166	126	75
Other Current Liabilities	18	16	11	0.00	-
Total Noncurrent Liabilities	72	77	41	1.48	2.31
Other Noncurrent Operating Liabilities	72	77	41	1.48	2.23
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-0.11	0.19	1.46	3.24	176
Total Equity & Noncontrolling Interests	475	444	445	502	-109
Total Preferred & Common Equity	475	444	445	502	-109
Total Common Equity	475	444	445	502	-109
Common Stock	1,063	929	806	717	30
Retained Earnings	-587	-483	-354	-215	-138
Accumulated Other Comprehensive Income / (Loss)	-0.93	-1.18	-6.82	-0.64	-0.04

This table presents Braze's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	10/31/2024	7/31/2024	4/30/2024	10/31/2023	7/31/2023	4/30/2023	10/31/2022	7/31/2022	4/30/2022	10/31/2021
Total Assets	842	826	816	769	732	721	677	702	716	184
Total Current Assets	613	606	599	567	574	598	556	581	599	131
Cash & Equivalents	61	79	75	60	77	117	45	81	91	42
Restricted Cash	0.00	0.00	3.37	3.37	3.37	3.37	-	-	-	0.00
Short-Term Investments	431	425	409	408	395	386	428	426	439	35
Accounts Receivable	90	71	82	71	70	67	58	48	43	36
Prepaid Expenses	30	31	30	24	28	25	24	26	26	18
Plant, Property, & Equipment, net	40	40	39	23	21	20	20	16	9.50	6.29
Total Noncurrent Assets	189	180	178	179	137	103	101	105	108	47
Goodwill	28	28	28	28	28	-	-	-	-	-
Intangible Assets	3.23	3.33	3.47	3.91	4.12	-	-	-	-	-
Other Noncurrent Operating Assets	157	148	146	147	105	103	101	105	108	47
Total Liabilities & Shareholders' Equity	842	826	816	769	732	721	677	702	716	184
Total Liabilities	384	372	380	330	291	285	223	229	229	125
Total Current Liabilities	308	298	306	248	248	245	182	184	181	122
Accounts Payable	2.91	4.47	4.69	5.95	1.88	3.57	2.06	2.89	2.68	1.20
Accrued Expenses	63	65	56	50	56	47	28	35	29	23
Current Deferred Revenue	224	212	229	179	177	181	141	136	139	98
Other Current Liabilities	18	16	15	14	14	13	11	11	9.99	-
Total Noncurrent Liabilities	76	74	74	82	43	40	42	45	48	2.26
Other Noncurrent Operating Liabilities	76	74	74	82	43	40	42	45	48	2.20
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-0.24	-0.02	0.13	0.49	0.73	1.08	1.81	2.34	2.87	178
Total Equity & Noncontrolling Interests	458	454	436	438	440	435	452	471	485	-118
Total Preferred & Common Equity	458	454	436	438	440	435	452	471	485	-118
Total Common Equity	458	454	436	438	440	435	452	471	485	-118
Common Stock	1,027	996	958	898	870	833	783	761	741	54
Retained Earnings	-570	-542	-519	-455	-424	-392	-320	-287	-254	-172
Accumulated Other Comprehensive Income / (Loss)	0.35	-0.25	-3.39	-5.19	-5.88	-5.31	-9.87	-3.75	-2.40	-0.29

This table displays calculated financial ratios and metrics derived from Braze's official financial filings.

Metric	2025	2024	2023	2022	2021	2020
Period end date	1/31/2025	1/31/2024	1/31/2023	1/31/2022	1/31/2021	1/31/2020
Growth Metrics	-	-	-	-	-	-
Revenue Growth	25.78%	32.74%	49.32%	58.49%	55.86%	0.00%
EBITDA Growth	38.64%	15.17%	-92.36%	-204.43%	31.37%	0.00%
EBIT Growth	21.69%	8.34%	-78.93%	-149.21%	6.13%	0.00%
NOPAT Growth	15.57%	2.33%	-89.41%	-143.25%	4.12%	0.00%
Net Income Growth	20.23%	7.33%	-80.06%	-144.51%	-0.50%	0.00%
EPS Growth	22.73%	10.20%	33.18%	-24.29%	9.69%	0.00%
Operating Cash Flow Growth	435.47%	130.71%	36.98%	-482.20%	17.45%	0.00%
Free Cash Flow Firm Growth	16.62%	-21.05%	-25.67%	-1,755.45%	0.00%	0.00%
Invested Capital Growth	-10.54%	-9.91%	-244.06%	51.26%	0.00%	0.00%
Revenue Q/Q Growth	5.22%	7.34%	8.63%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	22.72%	2.70%	10.35%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	10.63%	3.71%	6.25%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	8.08%	2.84%	3.93%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	9.96%	3.86%	6.34%	0.00%	0.00%	0.00%
EPS Q/Q Growth	9.73%	5.04%	10.91%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	56.63%	125.25%	52.38%	-226.31%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	9.97%	-7.79%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-11.55%	-7.55%	-64.50%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	69.13%	68.73%	67.41%	67.02%	63.71%	62.97%
EBITDA Margin	-9.70%	-19.88%	-31.11%	-24.15%	-12.57%	-28.55%
Operating Margin	-20.59%	-30.67%	-41.68%	-32.86%	-21.41%	-34.80%
EBIT Margin	-16.95%	-27.23%	-39.44%	-32.91%	-20.93%	-34.75%
Profit (Net Income) Margin	-17.53%	-27.65%	-39.60%	-32.84%	-21.29%	-33.01%
Tax Burden Percent	103.42%	101.52%	100.42%	99.79%	101.71%	101.44%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	93.65%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-22.64%	-29.27%	-29.58%	-27.29%	-47.04%	0.00%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-11.96%	-16.94%	-20.44%	-18.70%	-18.34%	0.00%
Return on Assets (ROA)	-12.37%	-17.20%	-20.52%	-18.66%	-18.65%	0.00%
Return on Common Equity (ROCE)	-22.64%	-29.22%	-29.44%	-18.73%	75.12%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-21.91%	-29.36%	-31.61%	-15.58%	29.46%	0.00%
Net Operating Profit after Tax (NOPAT)	-86	-101	-104	-55	-23	-23
NOPAT Margin	-14.41%	-21.47%	-29.18%	-23.00%	-14.99%	-24.36%
Net Nonoperating Expense Percent (NNEP)	-3.73%	-6.08%	-7.46%	-7.79%	-21.76%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-18.01%	-22.80%	-23.29%	-	-	-
Cost of Revenue to Revenue	30.87%	31.27%	32.59%	32.98%	36.29%	37.03%
SG&A Expenses to Revenue	19.56%	21.61%	24.98%	21.66%	18.62%	17.15%
R&D to Revenue	22.58%	25.41%	27.37%	24.80%	19.45%	21.11%
Operating Expenses to Revenue	89.72%	99.40%	109.09%	99.87%	85.11%	97.77%
Earnings before Interest and Taxes (EBIT)	-101	-128	-140	-78	-31	-33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-58	-94	-111	-57	-19	-28
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	10.02	12.15	6.88	9.19	0.00	0.00
Price to Tangible Book Value (P/TBV)	10.73	13.10	6.89	9.19	0.00	0.00
Price to Revenue (P/Rev)	8.02	11.44	8.62	19.36	3.46	5.40
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	7.15	10.42	7.27	17.21	4.06	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	115.72	717.84	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-1.08	-1.08	-1.04	-1.05	-1.28	0.00
Leverage Ratio	1.83	1.70	1.44	1.46	2.52	0.00
Compound Leverage Factor	1.83	1.70	1.44	1.46	2.52	0.00
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-0.02%	0.04%	0.33%	0.64%	259.67%	0.00%
Common Equity to Total Capital	100.02%	99.96%	99.67%	99.36%	-159.67%	0.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	7.00	8.52	6.87	17.45	2.39	0.00
Noncontrolling Interest Sharing Ratio	0.01%	0.18%	0.49%	31.37%	259.67%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	1.98	2.08	2.68	3.80	1.32	0.00
Quick Ratio	1.88	1.96	2.56	3.62	1.20	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-82	-98	-81	-65	-3.48	0.00
Operating Cash Flow to CapEx	215.16%	51.37%	-133.54%	-809.10%	-139.71%	-288.37%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.71	0.62	0.52	0.57	0.88	0.00
Accounts Receivable Turnover	6.33	5.53	4.98	4.80	4.32	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	17.48	18.99	25.63	36.96	27.38	0.00
Accounts Payable Turnover	43.25	31.32	44.68	62.26	124.17	0.00
Days Sales Outstanding (DSO)	57.66	65.99	73.34	76.11	84.50	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	8.44	11.66	8.17	5.86	2.94	0.00
Cash Conversion Cycle (CCC)	49.22	54.33	65.18	70.25	81.56	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	-39	-35	-32	-9.28	-19	0.00
Invested Capital Turnover	-16.07	-14.09	-17.26	-16.82	-15.78	0.00
Increase / (Decrease) in Invested Capital	-3.70	-3.16	-23	9.76	-19	0.00
Enterprise Value (EV)	4,245	4,917	2,585	4,096	609	0.00
Market Capitalization	4,758	5,396	3,063	4,607	520	520
Book Value per Share	$4.59	$4.45	$4.65	$5.45	($6.04)	$0.00
Tangible Book Value per Share	$4.28	$4.13	$4.65	$5.45	($6.04)	$0.00
Total Capital	475	444	447	505	68	0.00
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-514	-479	-479	-514	-87	0.00
Capital Expenditures (CapEx)	17	13	17	4.38	4.35	2.55
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-194	-168	-113	-66	-54	0.00
Debt-free Net Working Capital (DFNWC)	320	312	366	448	33	0.00
Net Working Capital (NWC)	320	312	366	448	33	0.00
Net Nonoperating Expense (NNE)	19	29	37	23	9.46	8.34
Net Nonoperating Obligations (NNO)	-514	-479	-479	-514	-87	0.00
Total Depreciation and Amortization (D&A)	43	35	30	21	13	5.97
Debt-free, Cash-free Net Working Capital to Revenue	-32.69%	-35.57%	-31.74%	-27.67%	-36.06%	0.00%
Debt-free Net Working Capital to Revenue	53.85%	66.06%	102.94%	188.30%	21.86%	0.00%
Net Working Capital to Revenue	53.85%	66.06%	102.94%	188.30%	21.86%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.02)	($1.32)	($1.47)	($2.20)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	102.19M	98.10M	94.57M	34.90M	0.00	0.00
Adjusted Diluted Earnings per Share	($1.02)	($1.32)	($1.47)	($2.20)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	102.19M	98.10M	94.57M	34.90M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	104.63M	100.84M	96.23M	93.23M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-86	-101	-104	-55	-23	-23
Normalized NOPAT Margin	-14.41%	-21.47%	-29.18%	-23.00%	-14.99%	-24.36%
Pre Tax Income Margin	-16.95%	-27.23%	-39.44%	-32.91%	-20.93%	-32.54%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	-0.01%	-1.24%	-0.03%

This table displays calculated financial ratios and metrics derived from Braze's official financial filings.

Metric	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023
Period end date	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022	7/31/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.48%	22.67%	26.40%	33.09%	32.72%	33.11%	33.64%	31.34%	40.10%	45.58%	54.48%
EBITDA Growth	78.31%	19.21%	47.59%	16.20%	10.77%	24.31%	16.05%	10.39%	34.52%	-466.00%	-261.40%
EBIT Growth	42.84%	10.84%	28.75%	9.18%	15.04%	10.77%	5.61%	2.98%	22.13%	-221.42%	-168.16%
NOPAT Growth	33.24%	7.30%	20.98%	4.34%	11.57%	4.70%	-0.75%	-5.67%	14.25%	-252.83%	-188.95%
Net Income Growth	40.29%	9.20%	27.77%	8.03%	15.47%	8.60%	4.08%	2.04%	22.00%	-274.17%	-164.91%
EPS Growth	39.29%	12.90%	30.30%	12.50%	20.00%	11.43%	5.71%	4.76%	33.96%	16.67%	41.67%
Operating Cash Flow Growth	347.08%	-469.65%	166.29%	-13.99%	31,741.67%	91.63%	-7.33%	25.82%	100.05%	-874.74%	-254.27%
Free Cash Flow Firm Growth	41.39%	-81.49%	84.41%	-2,330.47%	-564.27%	52.39%	-361.60%	-113.10%	0.00%	-334.74%	0.00%
Invested Capital Growth	-10.54%	-6.58%	-45.85%	27.23%	-9.91%	-68.11%	-2.32%	-64.37%	-244.06%	-10.88%	0.00%
Revenue Q/Q Growth	5.49%	4.50%	7.41%	3.44%	5.65%	7.69%	13.09%	3.15%	5.96%	8.12%	11.14%
EBITDA Q/Q Growth	71.03%	-37.90%	53.00%	-15.49%	-7.93%	10.55%	24.84%	-22.98%	8.46%	0.78%	19.77%
EBIT Q/Q Growth	41.45%	-21.51%	35.70%	-24.95%	8.67%	2.90%	18.04%	-16.89%	4.08%	-2.71%	15.75%
NOPAT Q/Q Growth	33.81%	-16.53%	30.26%	-24.11%	8.08%	0.67%	15.58%	-14.72%	0.93%	-5.00%	11.46%
Net Income Q/Q Growth	39.33%	-21.50%	35.17%	-24.95%	7.74%	3.35%	17.45%	-14.84%	0.25%	-1.43%	15.69%
EPS Q/Q Growth	37.04%	-17.39%	34.29%	-25.00%	9.68%	6.06%	17.50%	-14.29%	0.00%	0.00%	16.67%
Operating Cash Flow Q/Q Growth	249.72%	-198.26%	-40.13%	407.59%	290.76%	88.57%	-177.68%	187,808.33%	100.05%	-46.56%	-191.07%
Free Cash Flow Firm Q/Q Growth	44.83%	-452.69%	92.07%	-142.25%	-70.85%	52.54%	-1,137.23%	33.79%	87.75%	-360.79%	-38.06%
Invested Capital Q/Q Growth	-11.55%	30.97%	1.08%	-45.12%	-7.55%	5.53%	50.64%	-119.17%	-64.50%	42.50%	20.71%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	69.26%	69.81%	70.16%	67.11%	67.17%	70.66%	69.18%	67.88%	66.13%	68.71%	68.24%
EBITDA Margin	-2.92%	-10.64%	-8.06%	-18.42%	-16.50%	-16.15%	-19.45%	-29.26%	-24.54%	-28.41%	-30.96%
Operating Margin	-13.44%	-21.42%	-19.21%	-29.59%	-24.66%	-28.34%	-30.73%	-41.16%	-37.01%	-39.59%	-40.76%
EBIT Margin	-9.96%	-17.94%	-15.43%	-25.77%	-21.33%	-24.68%	-27.37%	-37.77%	-33.32%	-36.81%	-38.75%
Profit (Net Income) Margin	-10.64%	-18.50%	-15.91%	-26.36%	-21.82%	-24.99%	-27.84%	-38.15%	-34.26%	-36.39%	-38.79%
Tax Burden Percent	106.85%	103.12%	103.13%	102.29%	102.29%	101.26%	101.73%	101.01%	102.81%	98.86%	100.10%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-22.64%	-25.78%	-26.47%	-29.18%	-29.27%	-30.38%	-30.32%	-30.30%	-29.58%	-58.52%	-26.53%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-7.03%	-12.56%	-10.61%	-16.95%	-13.28%	-15.00%	-15.60%	-19.95%	-17.27%	-27.96%	-16.45%
Return on Assets (ROA)	-7.51%	-12.95%	-10.95%	-17.33%	-13.58%	-15.19%	-15.87%	-20.15%	-17.76%	-27.64%	-16.47%
Return on Common Equity (ROCE)	-22.64%	-25.77%	-26.45%	-29.14%	-29.22%	-30.31%	-30.22%	-30.17%	-29.44%	-38.05%	-26.40%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-25.23%	-26.10%	-29.19%	0.00%	-30.96%	-31.47%	-32.16%	0.00%	-33.22%	-26.66%
Net Operating Profit after Tax (NOPAT)	-15	-23	-20	-28	-23	-25	-25	-29	-26	-26	-25
NOPAT Margin	-9.41%	-14.99%	-13.45%	-20.71%	-17.26%	-19.84%	-21.51%	-28.82%	-25.91%	-27.71%	-28.53%
Net Nonoperating Expense Percent (NNEP)	-0.40%	-1.11%	-0.73%	-1.54%	-1.25%	-1.35%	-1.48%	-1.83%	-1.66%	-2.94%	-3.49%
Return On Investment Capital (ROIC_SIMPLE)	-3.18%	-	-	-	-5.09%	-	-	-	-5.74%	-	-
Cost of Revenue to Revenue	30.74%	30.19%	29.84%	32.89%	32.83%	29.34%	30.82%	32.12%	33.87%	31.29%	31.76%
SG&A Expenses to Revenue	18.57%	20.52%	19.46%	19.78%	19.92%	21.34%	22.11%	23.56%	22.52%	24.09%	23.85%
R&D to Revenue	20.95%	21.61%	22.78%	25.38%	23.76%	24.10%	25.31%	29.22%	27.11%	27.47%	27.09%
Operating Expenses to Revenue	82.70%	91.23%	89.37%	96.70%	91.83%	99.00%	99.91%	109.05%	103.14%	108.30%	109.00%
Earnings before Interest and Taxes (EBIT)	-16	-27	-22	-35	-28	-31	-32	-38	-33	-34	-33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-4.69	-16	-12	-25	-22	-20	-22	-30	-24	-26	-27
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	10.02	7.06	9.87	9.69	12.15	9.61	10.07	6.50	6.88	6.22	8.69
Price to Tangible Book Value (P/TBV)	10.73	7.58	10.61	10.45	13.10	10.36	10.87	6.50	6.89	6.22	8.69
Price to Revenue (P/Rev)	8.02	5.73	8.36	8.36	11.44	9.58	10.86	7.45	8.62	8.60	13.71
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	7.15	4.86	7.42	7.40	10.42	8.51	9.69	6.12	7.27	7.16	12.02
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	115.72	116.96	121.06	1,011.39	717.84	1,229.50	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-1.08	-1.08	-1.09	-1.14	-1.08	-1.06	-1.07	-1.12	-1.04	-1.07	-1.07
Leverage Ratio	1.83	1.80	1.74	1.76	1.70	1.62	1.57	1.56	1.44	1.68	1.48
Compound Leverage Factor	1.83	1.80	1.74	1.76	1.70	1.62	1.57	1.56	1.44	1.68	1.48
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-0.02%	-0.05%	-0.01%	0.03%	0.04%	0.11%	0.17%	0.25%	0.33%	0.40%	0.50%
Common Equity to Total Capital	100.02%	100.05%	100.01%	99.97%	99.96%	99.89%	99.84%	99.75%	99.67%	99.60%	99.50%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	7.32	5.10	7.31	6.69	8.93	7.76	9.28	6.13	7.37	7.88	11.07
Noncontrolling Interest Sharing Ratio	0.01%	0.03%	0.08%	0.14%	0.18%	0.26%	0.34%	0.43%	0.49%	34.99%	0.50%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.98	1.99	2.03	1.96	2.08	2.28	2.31	2.44	2.68	3.06	3.15
Quick Ratio	1.88	1.89	1.93	1.85	1.96	2.17	2.18	2.32	2.56	2.93	3.01
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-11	-21	-3.74	-47	-19	-11	-24	-1.94	-2.93	-24	9.17
Operating Cash Flow to CapEx	909.64%	-402.04%	265.24%	243.84%	51.92%	-51.25%	-1,490.81%	2,527.91%	0.62%	-577.22%	-195.20%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.71	0.70	0.69	0.66	0.62	0.61	0.57	0.53	0.52	0.76	0.42
Accounts Receivable Turnover	6.33	6.98	7.58	6.82	5.53	6.78	6.92	6.95	4.98	6.94	6.21
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	17.48	17.97	17.78	16.92	18.99	20.44	22.12	25.37	25.63	24.74	18.31
Accounts Payable Turnover	43.25	39.93	52.66	38.59	31.32	34.45	54.80	39.23	44.68	65.65	33.65
Days Sales Outstanding (DSO)	57.66	52.30	48.15	53.54	65.99	53.83	52.74	52.54	73.34	52.61	58.75
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	8.44	9.14	6.93	9.46	11.66	10.59	6.66	9.31	8.17	5.56	10.85
Cash Conversion Cycle (CCC)	49.22	43.16	41.22	44.08	54.33	43.23	46.08	43.23	65.18	47.05	47.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-39	-35	-50	-51	-35	-33	-35	-70	-32	-19	-34
Invested Capital Turnover	-16.07	-16.74	-12.63	-8.37	-14.09	-16.90	-11.97	-6.75	-17.26	-17.74	-17.67
Increase / (Decrease) in Invested Capital	-3.70	-2.15	-16	19	-3.16	-13	-0.78	-27	-23	-1.90	-34
Enterprise Value (EV)	4,245	2,739	3,974	3,738	4,917	3,739	3,961	2,324	2,585	2,342	3,583
Market Capitalization	4,758	3,232	4,478	4,225	5,396	4,210	4,436	2,829	3,063	2,814	4,087
Book Value per Share	$4.59	$4.46	$4.46	$4.32	$4.45	$4.43	$4.51	$4.52	$4.65	$4.76	$5.01
Tangible Book Value per Share	$4.28	$4.15	$4.15	$4.01	$4.13	$4.11	$4.18	$4.52	$4.65	$4.76	$5.01
Total Capital	475	458	454	436	444	439	441	436	447	454	473
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-514	-493	-504	-487	-479	-471	-476	-506	-479	-474	-507
Capital Expenditures (CapEx)	1.88	2.84	4.38	7.95	7.36	3.91	1.18	0.89	1.93	4.14	8.36
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-194	-187	-196	-194	-168	-153	-150	-153	-113	-99	-110
Debt-free Net Working Capital (DFNWC)	320	305	308	293	312	318	326	353	366	374	397
Net Working Capital (NWC)	320	305	308	293	312	318	326	353	366	374	397
Net Nonoperating Expense (NNE)	1.97	5.33	3.58	7.65	5.97	6.38	7.29	9.50	8.24	8.09	8.84
Net Nonoperating Obligations (NNO)	-514	-493	-504	-487	-479	-471	-476	-506	-479	-474	-507
Total Depreciation and Amortization (D&A)	11	11	11	9.95	6.33	11	9.12	8.66	8.67	7.83	6.71
Debt-free, Cash-free Net Working Capital to Revenue	-32.69%	-33.24%	-36.51%	-38.35%	-35.57%	-34.79%	-36.72%	-40.32%	-31.74%	-30.30%	-36.92%
Debt-free Net Working Capital to Revenue	53.85%	54.10%	57.54%	58.02%	66.06%	72.45%	79.66%	92.98%	102.94%	114.46%	133.07%
Net Working Capital to Revenue	53.85%	54.10%	57.54%	58.02%	66.06%	72.45%	79.66%	92.98%	102.94%	114.46%	133.07%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.17)	($0.27)	($0.23)	($0.35)	($0.28)	($0.31)	($0.33)	($0.40)	($0.35)	($0.35)	($0.35)
Adjusted Weighted Average Basic Shares Outstanding	102.19M	102.15M	101.45M	100.79M	98.10M	97.88M	97.18M	96.35M	94.57M	94.47M	94.10M
Adjusted Diluted Earnings per Share	($0.17)	($0.27)	($0.23)	($0.35)	($0.28)	($0.31)	($0.33)	($0.40)	($0.35)	($0.35)	($0.35)
Adjusted Weighted Average Diluted Shares Outstanding	102.19M	102.15M	101.45M	100.79M	98.10M	97.88M	97.18M	96.35M	94.57M	94.47M	94.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	104.63M	103.48M	102.73M	101.63M	100.84M	99.84M	98.87M	97.59M	96.23M	95.71M	95.04M
Normalized Net Operating Profit after Tax (NOPAT)	-15	-23	-20	-28	-23	-25	-25	-29	-26	-26	-25
Normalized NOPAT Margin	-9.41%	-14.99%	-13.45%	-20.71%	-17.26%	-19.84%	-21.51%	-28.82%	-25.91%	-27.71%	-28.53%
Pre Tax Income Margin	-9.96%	-17.94%	-15.43%	-25.77%	-21.33%	-24.68%	-27.37%	-37.77%	-33.32%	-36.81%	-38.75%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Braze's Financials

When does Braze's fiscal year end?

According to the most recent income statement we have on file, Braze's financial year ends in January. Their financial year 2025 ended on January 31, 2025.

How has Braze's net income changed over the last 5 years?

Braze's net income appears to be on an upward trend, with a most recent value of -$104.05 million in 2025, rising from -$31.81 million in 2020. The previous period was -$130.43 million in 2024. View Braze's forecast to see where analysts expect Braze to go next.

What is Braze's operating income?

Braze's total operating income in 2025 was -$122.16 million, based on the following breakdown:

Total Gross Profit: $410.22 million
Total Operating Expenses: $532.38 million

How has Braze revenue changed over the last 5 years?

Over the last 5 years, Braze's total revenue changed from $96.36 million in 2020 to $593.41 million in 2025, a change of 515.8%.

How much debt does Braze have?

Braze's total liabilities were at $396.25 million at the end of 2025, a 8.1% increase from 2024, and a 283.1% increase since 2021.

How much cash does Braze have?

In the past 4 years, Braze's cash and equivalents has ranged from $28.51 million in 2021 to $478.94 million in 2022, and is currently $83.06 million as of their latest financial filing in 2025.

How has Braze's book value per share changed over the last 5 years?

Over the last 5 years, Braze's book value per share changed from 0.00 in 2020 to 4.59 in 2025, a change of 458.9%.

Related Companies

This page (NASDAQ:BRZE) was last updated on 5/21/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Braze (BRZE) Financials

Frequently Asked Questions About Braze's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Braze (BRZE) Financials

Annual Income Statements for Braze

Quarterly Income Statements for Braze

Annual Cash Flow Statements for Braze

Quarterly Cash Flow Statements for Braze

Annual Balance Sheets for Braze

Quarterly Balance Sheets for Braze

Annual Metrics And Ratios for Braze

Quarterly Metrics And Ratios for Braze

Frequently Asked Questions About Braze's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools