Braze, Inc. financials
Source: EDGAR filings · Built 2026-06-04T02:23:14Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 61.85M | 23.45M | -2.91M | -37.76M | -37.71M | -8.55M |
| EBITDA | -125.43M | -112.04M | -137.73M | -143.52M | -75.44M | -30.56M |
| Working Capital | 147.51M | 319.55M | 311.68M | 365.87M | 448.22M | 32.83M |
| Net Debt | -41.69M | 4.38M | 22.38M | -17.30M | -478.94M | — |
| Gross Margin | 67.15% | 69.13% | 68.73% | 67.41% | 67.02% | 63.71% |
| Operating Margin | -19.61% | -20.59% | -30.67% | -41.68% | -32.86% | -21.41% |
| Net Margin | -17.79% | -17.48% | -27.38% | -39.10% | -32.23% | -21.14% |
| Return on Equity (ROE) | -21.05% | -21.85% | -29.08% | -31.21% | -15.30% | 29.26% |
| Return on Assets (ROA) | -11.79% | -11.91% | -15.93% | -19.70% | -11.51% | -18.53% |
| Current Ratio | 1.35× | 1.98× | 2.08× | 2.68× | 3.80× | 1.32× |
| Debt-to-Equity | 0.13× | 0.18× | 0.20× | 0.12× | 0.00× | — |
| Effective Tax Rate | -2.05% | -3.42% | -1.52% | -0.42% | 0.21% | -1.71% |
| Cash Conversion Ratio | -0.54× | -0.35× | -0.05× | 0.16× | 0.46× | 0.19× |
| Accruals Ratio | -0.18× | -0.16× | -0.17× | -0.17× | -0.06× | -0.15× |
| SBC % of Revenue | 19.47% | 19.40% | 20.61% | 20.33% | 19.82% | 5.02% |
| CapEx Coverage | 7.45× | 2.77× | 0.70× | -1.44× | -15.32× | -2.47× |
| Free Cash Flow Per Share | $0.57 | $0.23 | $-0.03 | $-0.40 | $-1.08 | $-0.48 |
Valuation Metrics
Income Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 738.18M | 593.41M | 471.80M | 355.43M | 238.03M | 150.19M |
| Cost of Revenue | 242.53M | 183.19M | 147.53M | 115.82M | 78.51M | 54.51M |
| Gross Profit | 495.66M | 410.22M | 324.27M | 239.61M | 159.52M | 95.68M |
| Research and Development Expense | 167.14M | 133.97M | 119.86M | 97.29M | 59.03M | 29.21M |
| Operating Expenses | 640.41M | 532.38M | 468.96M | 387.75M | 237.74M | 127.83M |
| Operating Income (Loss) | -144.76M | -122.16M | -144.69M | -148.14M | -78.21M | -32.15M |
| Income Tax Expense (Benefit) | 2.63M | 3.44M | 1.96M | 583.00K | -165.00K | 537.00K |
| Net Income (Loss) Attributable to Parent | -131.29M | -103.74M | -129.17M | -138.97M | -76.72M | -31.75M |
| Earnings Per Share, Basic | $-1.22 | $-1.02 | $-1.32 | $-1.47 | $-2.20 | $-1.77 |
| Weighted Average Number of Shares Outstanding, Basic | 107.91M | 102.19M | 98.10M | 94.57M | 34.90M | 17.97M |
| Earnings Per Share, Diluted | $-1.22 | $-1.02 | $-1.32 | $-1.47 | $-2.20 | $-1.77 |
| Weighted Average Number of Shares Outstanding, Diluted | 107.91M | 102.19M | 98.10M | 94.57M | 34.90M | 17.97M |
Balance Sheet
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 124.34M | 83.06M | 68.23M | 68.59M | 478.94M | 28.51M |
| Assets, Current | 567.93M | 644.03M | 601.12M | 583.17M | 608.18M | 133.96M |
| Assets | 1.11B | 871.00M | 810.94M | 705.41M | 666.26M | 171.39M |
| Liabilities, Current | 420.41M | 324.48M | 289.44M | 217.30M | 159.97M | 101.13M |
| Liabilities | 489.60M | 396.25M | 366.52M | 258.65M | 161.44M | 103.44M |
| Stockholders' Equity Attributable to Parent | 623.77M | 474.86M | 444.23M | 445.30M | 501.58M | -108.51M |
| Common Stock, Shares, Outstanding | — | — | — | — | — | 19.50M |
Cash Flow Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 71.44M | 36.68M | 6.85M | -22.31M | -35.40M | -6.08M |
| Payments to Acquire Property, Plant, and Equipment | 9.59M | 13.23M | 9.76M | 15.45M | 2.31M | 2.47M |
| Net Cash Provided by (Used in) Investing Activities | -50.91M | -36.47M | -19.98M | -398.52M | 18.04M | 22.47M |
| Payments for Repurchase of Common Stock | — | — | 165.00K | 0 | 0 | 204.00K |
| Net Cash Provided by (Used in) Financing Activities | 22.96M | 11.70M | 13.11M | 11.33M | 467.91M | 4.87M |
Derived Metrics
| Concept | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 28.02M | 14.55M | 47.30M | 28.27M | 23.93M | 16.00M |
| EBITDA | -21.23M | -17.11M | -34.65M | -36.15M | -37.62M | -18.74M |
| Working Capital | 105.19M | 147.51M | 132.67M | 130.84M | 315.28M | 319.55M |
| Net Debt | -63.83M | -41.69M | -13.87M | 3.44M | -144.19M | 4.38M |
| Gross Margin | 65.72% | 65.48% | 67.18% | 67.67% | 68.62% | 69.26% |
| Operating Margin | -13.04% | -13.76% | -19.67% | -21.52% | -24.82% | -13.44% |
| Net Margin | -12.60% | -15.40% | -18.86% | -15.49% | -22.08% | -10.72% |
| Return on Equity (ROE) | -4.57% | -5.07% | -5.98% | -4.66% | -7.54% | -3.62% |
| Return on Assets (ROA) | -2.44% | -2.84% | -3.46% | -2.73% | -4.02% | -1.97% |
| Current Ratio | 1.24× | 1.35× | 1.36× | 1.37× | 1.92× | 1.98× |
| Debt-to-Equity | 0.14× | 0.13× | 0.14× | 0.14× | 0.18× | 0.18× |
| Effective Tax Rate | -5.93% | -27.96% | -4.86% | 20.15% | -3.10% | -6.85% |
| Cash Conversion Ratio | -1.06× | -0.61× | -1.45× | -1.11× | -0.67× | -0.99× |
| Accruals Ratio | -0.05× | -0.05× | -0.08× | -0.06× | -0.07× | -0.04× |
| SBC % of Revenue | 16.97% | 18.38% | 55.56% | 37.86% | 18.91% | 17.43% |
| CapEx Coverage | 260.43× | 4.02× | 10.92× | 11.00× | 111.26× | 15.72× |
| Free Cash Flow Per Share | $0.25 | $0.13 | $0.44 | $0.26 | $0.23 | $0.16 |
Valuation Metrics
Income Statement
| Concept | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 211.00M | 205.17M | 190.84M | 180.11M | 162.06M | 160.40M |
| Cost of Revenue | 72.34M | 70.82M | 62.63M | 58.22M | 50.86M | 49.31M |
| Gross Profit | 138.66M | 134.35M | 128.21M | 121.89M | 111.20M | 111.09M |
| Research and Development Expense | 46.10M | 45.03M | 44.07M | 41.25M | 36.80M | 33.60M |
| Operating Expenses | 166.18M | 162.59M | 165.76M | 160.64M | 151.42M | 132.65M |
| Operating Income (Loss) | -27.51M | -28.24M | -37.55M | -38.75M | -40.22M | -21.56M |
| Income Tax Expense (Benefit) | 1.43M | 6.90M | 1.66M | -7.01M | 1.07M | 1.09M |
| Net Income (Loss) Attributable to Parent | -26.59M | -31.60M | -36.00M | -27.90M | -35.79M | -17.19M |
| Earnings Per Share, Basic | $-0.24 | $-0.29 | $-0.33 | $-0.26 | $-0.34 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Basic | 110.80M | 107.91M | 107.63M | 106.81M | 104.57M | 102.19M |
| Earnings Per Share, Diluted | $-0.24 | $-0.29 | $-0.33 | $-0.26 | $-0.34 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Diluted | 110.80M | 107.91M | 107.63M | 106.81M | 104.57M | 102.19M |
Balance Sheet
| Concept | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 145.29M | 124.34M | 97.81M | 80.98M | 231.50M | 83.06M |
| Assets, Current | 546.67M | 567.93M | 502.04M | 484.50M | 659.14M | 644.03M |
| Assets | 1.09B | 1.11B | 1.04B | 1.02B | 889.13M | 871.00M |
| Liabilities, Current | 441.48M | 420.41M | 369.37M | 353.66M | 343.86M | 324.48M |
| Liabilities | 507.88M | 489.60M | 438.89M | 423.49M | 414.68M | 396.25M |
| Stockholders' Equity Attributable to Parent | 581.67M | 623.77M | 602.03M | 598.88M | 474.43M | 474.86M |
Cash Flow Statement
| Concept | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 28.13M | 19.38M | 52.06M | 31.10M | 24.14M | 17.08M |
| Payments to Acquire Property, Plant, and Equipment | 108.00K | 4.82M | 4.77M | 2.83M | 217.00K | 1.09M |
| Net Cash Provided by (Used in) Investing Activities | 42.80M | -7.46M | -43.44M | -37.71M | 122.84M | -841.00K |
| Payments for Repurchase of Common Stock | 50.00M | — | — | — | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | -49.69M | 13.79M | 9.16M | 8.08M | 605.00K | 6.18M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (BRZE CIK 0001676238),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.