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Braze (BRZE) Financials

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$22.60 +0.66 (+3.01%)
Closing price 05/7/2026 04:00 PM Eastern
Extended Trading
$22.50 -0.11 (-0.46%)
As of 05/7/2026 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Braze

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 2020 2021 2022 2023 2024 2025 2026
Period end date 1/31/2020 1/31/2021 1/31/2022 1/31/2023 1/31/2024 1/31/2025 1/31/2026
Net Income / (Loss) Attributable to Common Shareholders
-32 -32 -77 -139 -129 -104 -131
Consolidated Net Income / (Loss)
-32 -32 -78 -141 -130 -104 -131
Net Income / (Loss) Continuing Operations
-32 -32 -78 -141 -130 -104 -131
Total Pre-Tax Income
-31 -31 -78 -140 -128 -101 -128
Total Operating Income
-34 -32 -78 -148 -145 -122 -145
Total Gross Profit
61 96 160 240 324 410 496
Total Revenue
96 150 238 355 472 593 738
Operating Revenue
96 150 238 355 472 593 738
Total Cost of Revenue
36 55 79 116 148 183 243
Operating Cost of Revenue
36 55 79 116 148 183 243
Total Operating Expenses
94 128 238 388 469 532 640
Selling, General & Admin Expense
17 28 52 89 102 116 146
Marketing Expense
57 71 127 202 247 282 327
Research & Development Expense
20 29 59 97 120 134 167
Total Other Income / (Expense), net
2.18 0.72 -0.12 7.98 16 22 17
Other Income / (Expense), net
0.05 0.72 -0.12 7.98 16 22 17
Income Tax Expense
0.45 0.54 -0.17 0.58 1.96 3.45 2.63
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 -0.22 -1.45 -1.78 -1.26 -0.30 0.50
Basic Earnings per Share
($1.96) ($1.77) ($2.20) ($1.47) ($1.32) ($1.02) ($1.22)
Weighted Average Basic Shares Outstanding
16.19M 17.97M 34.90M 94.57M 98.10M 102.19M 107.91M
Diluted Earnings per Share
($1.96) ($1.77) ($2.20) ($1.47) ($1.32) ($1.02) ($1.22)
Weighted Average Diluted Shares Outstanding
16.19M 17.97M 34.90M 94.57M 98.10M 102.19M 107.91M
Weighted Average Basic & Diluted Shares Outstanding
- - 93.23M 96.23M 100.84M 104.63M 113.45M

Quarterly Income Statements for Braze

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

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 7/31/2023 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 10/31/2025 1/31/2026
Net Income / (Loss) Attributable to Common Shareholders
-32 -31 -28 -36 -23 -28 -17 -36 -28 -36 -32
Consolidated Net Income / (Loss)
-32 -31 -29 -36 -23 -28 -17 -36 -28 -36 -32
Net Income / (Loss) Continuing Operations
-32 -31 -29 -36 -23 -28 -17 -36 -28 -36 -32
Total Pre-Tax Income
-32 -31 -28 -35 -22 -27 -16 -35 -35 -34 -25
Total Operating Income
-35 -35 -32 -40 -28 -33 -22 -40 -39 -38 -28
Total Gross Profit
80 88 88 91 102 106 111 111 122 128 134
Total Revenue
115 124 131 135 145 152 160 162 180 191 205
Operating Revenue
115 124 131 135 145 152 160 162 180 191 205
Total Cost of Revenue
35 36 43 45 43 46 49 51 58 63 71
Operating Cost of Revenue
35 36 43 45 43 46 49 51 58 63 71
Total Operating Expenses
115 123 120 131 130 139 133 151 161 166 163
Selling, General & Admin Expense
25 26 26 27 28 31 30 41 37 33 36
Marketing Expense
60 66 63 70 69 75 69 74 83 89 82
Research & Development Expense
29 30 31 34 33 33 34 37 41 44 45
Total Other Income / (Expense), net
3.87 4.54 4.35 5.17 5.50 5.29 5.59 5.65 3.98 3.41 3.56
Other Income / (Expense), net
3.87 4.54 4.35 5.17 5.50 5.29 5.59 5.65 3.98 3.41 3.56
Income Tax Expense
0.55 0.39 0.64 0.80 0.70 0.85 1.09 1.07 -7.01 1.66 6.90
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.36 -0.24 -0.30 -0.07 -0.15 -0.22 0.13 0.15 0.14 0.20 0.02
Basic Earnings per Share
($0.33) ($0.31) ($0.28) ($0.35) ($0.23) ($0.27) ($0.17) ($0.34) ($0.26) ($0.33) ($0.29)
Weighted Average Basic Shares Outstanding
97.18M 97.88M 98.10M 100.79M 101.45M 102.15M 102.19M 104.57M 106.81M 107.63M 107.91M
Diluted Earnings per Share
($0.33) ($0.31) ($0.28) ($0.35) ($0.23) ($0.27) ($0.17) ($0.34) ($0.26) ($0.33) ($0.29)
Weighted Average Diluted Shares Outstanding
97.18M 97.88M 98.10M 100.79M 101.45M 102.15M 102.19M 104.57M 106.81M 107.63M 107.91M
Weighted Average Basic & Diluted Shares Outstanding
98.87M 99.84M 100.84M 101.63M 102.73M 103.48M 104.63M 105.61M 111.27M 112.22M 113.45M

Annual Cash Flow Statements for Braze

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 2020 2021 2022 2023 2024 2025 2026
Period end date 1/31/2020 1/31/2021 1/31/2022 1/31/2023 1/31/2024 1/31/2025 1/31/2026
Net Change in Cash & Equivalents
-93 21 450 -410 -0.49 11 45
Net Cash From Operating Activities
-7.37 -6.08 -35 -22 6.85 37 71
Net Cash From Continuing Operating Activities
-7.37 -6.08 -35 -22 6.85 37 71
Net Income / (Loss) Continuing Operations
-32 -32 -78 -141 -130 -104 -131
Consolidated Net Income / (Loss)
-32 -32 -78 -141 -130 -104 -131
Depreciation Expense
0.65 1.59 2.77 4.62 6.96 10 19
Amortization Expense
5.33 11 18 25 28 33 40
Non-Cash Adjustments To Reconcile Net Income
13 8.68 48 79 103 121 147
Changes in Operating Assets and Liabilities, net
5.27 4.66 -26 9.43 -0.52 -23 -4.91
Net Cash From Investing Activities
-87 22 18 -399 -20 -36 -51
Net Cash From Continuing Investing Activities
-87 22 18 -399 -20 -36 -51
Purchase of Property, Plant & Equipment
-2.55 -4.35 -4.38 -17 -13 -17 -13
Acquisitions
- - 0.00 0.00 -16 0.00 -182
Purchase of Investments
-123 -59 -37 -638 -248 -218 -152
Sale and/or Maturity of Investments
38 86 59 256 258 199 296
Net Cash From Financing Activities
1.26 4.87 468 11 13 12 23
Net Cash From Continuing Financing Activities
1.26 4.87 468 11 13 12 23
Issuance of Common Equity
0.00 2.45 460 0.00 6.01 7.71 7.10
Other Financing Activities, net
1.27 2.81 8.36 11 7.10 3.99 16
Effect of Exchange Rate Changes
0.02 0.16 -0.60 -0.86 -0.48 -0.44 1.26
Cash Income Taxes Paid
0.18 0.47 0.30 0.37 0.31 2.95 3.90

Quarterly Cash Flow Statements for Braze

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 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 7/31/2023 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 10/31/2025 1/31/2026
Net Change in Cash & Equivalents
-40 -17 7.76 6.57 0.95 -18 22 148 -146 16 27
Net Cash From Operating Activities
-18 -2.00 3.82 19 12 -11 17 24 6.95 21 19
Net Cash From Continuing Operating Activities
-18 -2.00 3.82 19 12 -11 17 24 6.95 21 19
Net Income / (Loss) Continuing Operations
-32 -31 -29 -36 -23 -28 -17 -36 -28 -36 -32
Consolidated Net Income / (Loss)
-32 -31 -29 -36 -23 -28 -17 -36 -28 -36 -32
Depreciation Expense
1.32 2.24 1.88 2.13 2.61 2.64 2.75 2.61 4.77 5.99 5.97
Amortization Expense
7.80 8.33 4.45 7.83 8.11 8.46 8.54 9.02 9.78 10 11
Non-Cash Adjustments To Reconcile Net Income
27 25 25 29 31 31 29 32 39 38 38
Changes in Operating Assets and Liabilities, net
-22 -7.01 0.62 16 -7.24 -26 -5.95 16 -19 2.31 -4.65
Net Cash From Investing Activities
-28 -16 -0.50 -11 -17 -8.20 -0.84 123 -161 -5.73 -7.46
Net Cash From Continuing Investing Activities
-28 -16 -0.50 -11 -17 -8.20 -0.84 123 -161 -5.73 -7.46
Purchase of Property, Plant & Equipment
-1.18 -3.91 -7.36 -7.95 -4.38 -2.84 -1.88 -1.27 -3.42 -3.19 -5.49
Acquisitions
- -0.00 - - - - - - - -0.69 0.04
Purchase of Investments
-75 -71 -56 -60 -82 -37 -38 -52 -23 -37 -40
Sale and/or Maturity of Investments
65 58 63 57 70 32 39 176 47 35 38
Net Cash From Financing Activities
5.12 1.67 4.10 -1.88 5.92 1.48 6.18 0.61 7.48 1.08 14
Net Cash From Continuing Financing Activities
5.12 1.67 4.10 -1.88 5.92 1.48 6.18 0.61 7.48 1.08 14
Issuance of Common Equity
- 3.22 2.79 - - - 2.95 - - - 2.22
Other Financing Activities, net
5.12 -1.55 1.31 -1.88 1.17 1.48 3.22 0.61 2.60 1.08 12
Effect of Exchange Rate Changes
-0.12 -0.51 0.33 -0.34 0.24 0.32 -0.67 0.85 -0.21 -0.21 0.82
Cash Income Taxes Paid
0.55 0.10 0.13 1.58 0.38 0.56 0.43 2.47 0.84 0.06 0.52

Annual Balance Sheets for Braze

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 2021 2022 2023 2024 2025 2026
Period end date 1/31/2021 1/31/2022 1/31/2023 1/31/2024 1/31/2025 1/31/2026
Total Assets
171 666 705 811 871 1,114
Total Current Assets
134 608 583 601 644 568
Cash & Equivalents
29 479 69 68 83 124
Restricted Cash
0.47 - 0.00 3.37 0.00 0.57
Short-Term Investments
58 35 410 408 430 288
Accounts Receivable
35 65 78 92 95 122
Prepaid Expenses
12 30 26 29 35 33
Plant, Property, & Equipment, net
5.49 7.39 20 29 39 44
Total Noncurrent Assets
32 51 102 180 188 502
Goodwill
- - 0.00 28 28 262
Intangible Assets
- - 0.50 3.69 3.13 61
Other Noncurrent Operating Assets
32 51 101 148 157 179
Total Liabilities & Shareholders' Equity
171 666 705 811 871 1,114
Total Liabilities
103 161 259 367 396 490
Total Current Liabilities
101 160 217 289 324 420
Accounts Payable
0.44 2.08 3.10 6.32 2.15 1.56
Accrued Expenses
26 32 37 63 64 95
Current Deferred Revenue
75 126 166 204 240 305
Other Current Liabilities
- 0.00 11 16 18 19
Total Noncurrent Liabilities
2.31 1.48 41 77 72 69
Other Noncurrent Operating Liabilities
2.23 1.48 41 77 72 69
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
176 3.24 1.46 0.19 -0.11 0.39
Total Equity & Noncontrolling Interests
-109 502 445 444 475 624
Total Preferred & Common Equity
-109 502 445 444 475 624
Total Common Equity
-109 502 445 444 475 624
Common Stock
30 717 806 929 1,063 1,340
Retained Earnings
-138 -215 -354 -483 -587 -718
Accumulated Other Comprehensive Income / (Loss)
-0.04 -0.64 -6.82 -1.18 -0.93 1.79

Quarterly Balance Sheets for Braze

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 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 7/31/2022 10/31/2022 4/30/2023 7/31/2023 10/31/2023 4/30/2024 7/31/2024 10/31/2024 4/30/2025 7/31/2025 10/31/2025
Total Assets
702 677 721 732 769 816 826 842 889 1,023 1,041
Total Current Assets
581 556 598 574 567 599 606 613 659 485 502
Cash & Equivalents
81 45 117 77 60 75 79 61 231 81 98
Restricted Cash
- - 3.37 3.37 3.37 3.37 0.00 0.00 - 1.29 0.57
Short-Term Investments
426 428 386 395 408 409 425 431 308 283 285
Accounts Receivable
48 58 67 70 71 82 71 90 86 88 90
Prepaid Expenses
26 24 25 28 24 30 31 30 34 31 28
Plant, Property, & Equipment, net
16 20 20 21 23 39 40 40 39 40 41
Total Noncurrent Assets
105 101 103 137 179 178 180 189 191 498 498
Goodwill
- - - 28 28 28 28 28 28 268 267
Intangible Assets
- - - 4.12 3.91 3.47 3.33 3.23 3.03 68 65
Other Noncurrent Operating Assets
105 101 103 105 147 146 148 157 160 163 167
Total Liabilities & Shareholders' Equity
702 677 721 732 769 816 826 842 889 1,023 1,041
Total Liabilities
229 223 285 291 330 380 372 384 415 423 439
Total Current Liabilities
184 182 245 248 248 306 298 308 344 354 369
Accounts Payable
2.89 2.06 3.57 1.88 5.95 4.69 4.47 2.91 1.30 1.11 3.58
Accrued Expenses
35 28 47 56 50 56 65 63 58 70 74
Current Deferred Revenue
136 141 181 177 179 229 212 224 265 262 271
Other Current Liabilities
11 11 13 14 14 15 16 18 19 20 20
Total Noncurrent Liabilities
45 42 40 43 82 74 74 76 71 70 70
Other Noncurrent Operating Liabilities
45 42 40 43 82 74 74 76 71 70 70
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
2.34 1.81 1.08 0.73 0.49 0.13 -0.02 -0.24 0.03 0.17 0.37
Total Equity & Noncontrolling Interests
471 452 435 440 438 436 454 458 474 599 602
Total Preferred & Common Equity
471 452 435 440 438 436 454 458 474 599 602
Total Common Equity
471 452 435 440 438 436 454 458 474 599 602
Common Stock
761 783 833 870 898 958 996 1,027 1,095 1,250 1,288
Retained Earnings
-287 -320 -392 -424 -455 -519 -542 -570 -623 -651 -687
Accumulated Other Comprehensive Income / (Loss)
-3.75 -9.87 -5.31 -5.88 -5.19 -3.39 -0.25 0.35 1.97 -0.10 0.27

Annual Metrics And Ratios for Braze

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

Metric 2020 2021 2022 2023 2024 2025 2026
Period end date 1/31/2020 1/31/2021 1/31/2022 1/31/2023 1/31/2024 1/31/2025 1/31/2026
DEI Shares Outstanding
- - - - - - 112,215,498.00
DEI Adjusted Shares Outstanding
- - - - - - 112,215,498.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - -1.17
Growth Metrics
- - - - - - -
Profitability Metrics
- - - - - - -
Net Operating Profit after Tax (NOPAT)
-23 -23 -55 -104 -101 -86 -101
Return On Investment Capital (ROIC_SIMPLE)
- - - -23.29% -22.80% -18.01% -16.24%
Earnings before Interest and Taxes (EBIT)
-33 -31 -78 -140 -128 -101 -128
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-28 -19 -57 -111 -94 -58 -69
Valuation Ratios
- - - - - - -
Leverage & Solvency
- - - - - - -
Liquidity Ratios
- - - - - - -
Cash Flow Metrics
- - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -3.48 -65 -81 -98 -82 -352
Efficiency Ratios
- - - - - - -
Capital & Investment Metrics
- - - - - - -
Invested Capital
0.00 -19 -9.28 -32 -35 -39 212
Increase / (Decrease) in Invested Capital
0.00 -19 9.76 -23 -3.16 -3.70 250
Book Value per Share
$0.00 ($6.04) $5.45 $4.65 $4.45 $4.59 $5.56
Tangible Book Value per Share
$0.00 ($6.04) $5.45 $4.65 $4.13 $4.28 $2.68
Total Capital
0.00 68 505 447 444 475 624
Total Debt
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
Net Debt
0.00 -87 -514 -479 -479 -514 -412
Capital Expenditures (CapEx)
2.55 4.35 4.38 17 13 17 13
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -54 -66 -113 -168 -194 -265
Debt-free Net Working Capital (DFNWC)
0.00 33 448 366 312 320 148
Net Working Capital (NWC)
0.00 33 448 366 312 320 148
Net Nonoperating Expense (NNE)
8.34 9.46 23 37 29 19 29
Net Nonoperating Obligations (NNO)
0.00 -87 -514 -479 -479 -514 -412
Total Depreciation and Amortization (D&A)
5.97 13 21 30 35 43 60
Earnings Adjustments
- - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($2.20) ($1.47) ($1.32) ($1.02) ($1.22)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 34.90M 94.57M 98.10M 102.19M 107.91M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($2.20) ($1.47) ($1.32) ($1.02) ($1.22)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 34.90M 94.57M 98.10M 102.19M 107.91M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 93.23M 96.23M 100.84M 104.63M 113.45M
Normalized Net Operating Profit after Tax (NOPAT)
-23 -23 -55 -104 -101 -86 -101
Debt Service Ratios
- - - - - - -
Payout Ratios
- - - - - - -

Quarterly Metrics And Ratios for Braze

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

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 7/31/2023 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 10/31/2025 1/31/2026
DEI Shares Outstanding
- - - - - - - - - - 112,215,498.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 112,215,498.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - -0.28
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
-25 -25 -23 -28 -20 -23 -15 -28 -27 -26 -20
Return On Investment Capital (ROIC_SIMPLE)
- - -5.09% - - - -3.18% -5.93% -4.53% -4.37% -3.17%
Earnings before Interest and Taxes (EBIT)
-32 -31 -28 -35 -22 -27 -16 -35 -35 -34 -25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-22 -20 -22 -25 -12 -16 -4.69 -23 -20 -18 -7.51
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-24 -11 -19 -47 -3.74 -21 -11 -14 -312 -280 -270
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
-35 -33 -35 -51 -50 -35 -39 -65 234 219 212
Increase / (Decrease) in Invested Capital
-0.78 -13 -3.16 19 -16 -2.15 -3.70 -14 285 253 250
Book Value per Share
$4.51 $4.43 $4.45 $4.32 $4.46 $4.46 $4.59 $4.53 $5.67 $5.41 $5.56
Tangible Book Value per Share
$4.18 $4.11 $4.13 $4.01 $4.15 $4.15 $4.28 $4.23 $2.49 $2.43 $2.68
Total Capital
441 439 444 436 454 458 475 474 599 602 624
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
-476 -471 -479 -487 -504 -493 -514 -539 -365 -384 -412
Capital Expenditures (CapEx)
1.18 3.91 7.36 7.95 4.38 2.84 1.88 1.27 3.42 3.19 5.49
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-150 -153 -168 -194 -196 -187 -194 -224 -234 -251 -265
Debt-free Net Working Capital (DFNWC)
326 318 312 293 308 305 320 315 131 133 148
Net Working Capital (NWC)
326 318 312 293 308 305 320 315 131 133 148
Net Nonoperating Expense (NNE)
7.29 6.38 5.97 7.65 3.58 5.33 1.97 7.49 0.64 9.52 12
Net Nonoperating Obligations (NNO)
-476 -471 -479 -487 -504 -493 -514 -539 -365 -384 -412
Total Depreciation and Amortization (D&A)
9.12 11 6.33 9.95 11 11 11 12 15 16 17
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.33) ($0.31) ($0.28) ($0.35) ($0.23) ($0.27) ($0.17) ($0.34) ($0.26) ($0.33) ($0.29)
Adjusted Weighted Average Basic Shares Outstanding
97.18M 97.88M 98.10M 100.79M 101.45M 102.15M 102.19M 104.57M 106.81M 107.63M 107.91M
Adjusted Diluted Earnings per Share
($0.33) ($0.31) ($0.28) ($0.35) ($0.23) ($0.27) ($0.17) ($0.34) ($0.26) ($0.33) ($0.29)
Adjusted Weighted Average Diluted Shares Outstanding
97.18M 97.88M 98.10M 100.79M 101.45M 102.15M 102.19M 104.57M 106.81M 107.63M 107.91M
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
98.87M 99.84M 100.84M 101.63M 102.73M 103.48M 104.63M 105.61M 111.27M 112.22M 113.45M
Normalized Net Operating Profit after Tax (NOPAT)
-25 -25 -23 -28 -20 -23 -15 -28 -27 -26 -20
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Financials Breakdown Chart

Key Financial Trends

Braze, Inc. (BRZE) continues to post solid gross margins and improving cash flow from operations in 2026, but remains unprofitable on a GAAP basis. Below are the 10 most impactful observations drawn from quarterly statements over the last four years.

  • Operating cash flow from continuing activities turned positive in Q4 2026 at 19,375,000, with Q3 2026 at 20,967,000 and Q1 2026 at 24,144,000, signaling improving cash generation despite ongoing net losses.
  • Top-line growth persists: revenue rose from about 98,675,000 in Q4 2023 to 205,170,000 in Q4 2026, representing substantial top-line expansion over four years.
  • Gross margins remain solid, with Q4 2026 gross profit of 134,354,000 on 205,170,000 in revenue (approximately 65.3% gross margin).
  • Balance sheet liquidity looks reasonable in mid-2026, with cash & equivalents around 97.8–98.0 million and a positive current asset base to support near-term needs.
  • Equity-backed financing has provided runway, as evidenced by positive net cash from financing activities in several quarters (e.g., 13,795,000 in Q4 2026).
  • Non-cash adjustments to net income are sizable in multiple periods (for example, 38.435,000 in Q4 2026), which can distort GAAP earnings but do not reflect cash flow.
  • Marketing spend remains a major expense driver (Q4 2026 Marketing Expense 81,690,000; Q3 2026 Marketing Expense 88,596,000), indicating ongoing aggressive customer acquisition efforts that compress near-term profitability.
  • R&D spending remains elevated (Q4 2026 RD Expense 45,029,000; Q3 2026 RD Expense 44,067,000), highlighting continued investment in product development and long-term growth.
  • GAAP net losses persist: net income from continuing operations was -31,582,000 in Q4 2026 and -35,898,000 in Q3 2026, underscoring ongoing profitability challenges.
  • Earnings per share remain negative: Basic EPS -0.29 in Q4 2026 and -0.33 in Q3 2026, reflecting sustained losses relative to shares outstanding.
05/08/26 03:42 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Braze's Financials

When does Braze's financial year end?

According to the most recent income statement we have on file, Braze's fiscal year ends in January. Their fiscal year 2026 ended on January 31, 2026.

How has Braze's net income changed over the last 6 years?

Braze's net income appears to be on an upward trend, with a most recent value of -$130.79 million in 2026, rising from -$31.81 million in 2020. The previous period was -$104.05 million in 2025. Find out what analysts predict for Braze in the coming months.

What is Braze's operating income?
Braze's total operating income in 2026 was -$144.76 million, based on the following breakdown:
  • Total Gross Profit: $495.66 million
  • Total Operating Expenses: $640.41 million
How has Braze's revenue changed over the last 6 years?

Over the last 6 years, Braze's total revenue changed from $96.36 million in 2020 to $738.18 million in 2026, a change of 666.0%.

How much debt does Braze have?

Braze's total liabilities were at $489.60 million at the end of 2026, a 23.6% increase from 2025, and a 373.3% increase since 2021.

How much cash does Braze have?

In the past 5 years, Braze's cash and equivalents has ranged from $28.51 million in 2021 to $478.94 million in 2022, and is currently $124.34 million as of their latest financial filing in 2026.

How has Braze's book value per share changed over the last 6 years?

Over the last 6 years, Braze's book value per share changed from 0.00 in 2020 to 5.56 in 2026, a change of 555.9%.



Financial statements for NASDAQ:BRZE last updated on 3/29/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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