Braze, Inc. (BRZE)
Braze, Inc. operates a global customer engagement platform designed to foster meaningful interactions between consumers and brands. Its comprehensive suite of tools includes robust data ingestion capabilities. These feature Braze software development kits (SDKs) for automatic data collection and the delivery of various mobile and web notifications, integrated in-application/in-browser messages, and content cards, all seamlessly adaptable to diverse digital interfaces and application development frameworks. Additionally, a REST API facilitates data import/export and workflow automation across Braze and clients' existing technological ecosystems. The platform also enables the synchronization of user cohorts from partner sources. For customer understanding, Braze offers advanced classification functionalities. This includes segmentation tools that allow businesses to define reusable consumer groups based on attributes, past events, or predictive propensity scores. Segment insights provide analytical views into how different segments perform relative to key metrics and help identify the underlying factors driving segment membership. Furthermore, a predictive suite assists in pinpointing high-value consumer demographics. The company further provides modules for personalization and decisive actions. Crucially, Braze's orchestration offerings empower brands to manage complex customer journeys. Its signature 'Canvas' tool allows for the visual mapping of multi-step, cross-channel messaging experiences—ideal for onboarding sequences, nurturing campaigns, or win-back strategies. Other orchestration elements include the ability to run targeted campaigns (single or multi-channel) for specific user segments, event and API-driven triggering mechanisms, controls for message frequency and rate limiting, intelligent content selection, and extensive reporting alongside analytics. Founded in 2011, the company was initially known as Appboy, Inc. before adopting its current name, Braze, Inc., in November 2017. Its corporate headquarters are situated in New York, New York.
Sector: Services-Prepackaged Software
Industry: Software - Application
Braze, Inc.
No splits on record
Nothing in BRZE's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 |
| Revenue | $738.18M | $593.41M | $471.8M | $355.43M | $238.03M | $150.19M | $96.36M |
| YoY Growth | 24.4% | 25.8% | 32.7% | 49.3% | 58.5% | 55.9% | - |
| Cost of Revenue | $242.53M | $183.19M | $147.53M | $115.82M | $78.51M | $54.51M | $35.69M |
| Gross Profit | $495.66M | $410.22M | $324.27M | $239.61M | $159.52M | $95.68M | $60.68M |
| Gross Margin | 67.1% | 69.1% | 68.7% | 67.4% | 67.0% | 63.7% | 63.0% |
| Research and Development | $167.14M | $133.97M | $119.86M | $97.29M | $59.03M | $29.21M | $20.34M |
| Selling, General, and Administrative | $473.27M | $398.41M | $349.1M | $290.45M | $178.7M | $98.62M | $73.87M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $48K |
| Total Operating Expenses | $640.41M | $532.38M | $468.96M | $387.75M | $237.74M | $127.83M | $94.21M |
| Operating Income (EBIT) | -$144.76M | -$122.16M | -$144.69M | -$148.14M | -$78.21M | -$32.15M | -$33.53M |
| Operating Margin | -19.6% | -20.6% | -30.7% | -41.7% | -32.9% | -21.4% | -34.8% |
| Interest Expense | $0 | $0 | $0 | $0 | $369K | $345K | $0 |
| Interest Income | $0 | $20.19M | $0 | $8.73M | $506K | $1.19M | $2.13M |
| Other Income (Expense) | $16.6M | $21.56M | $16.22M | $7.98M | -$121K | $720K | $2.17M |
| Income Before Tax (EBT) | -$128.16M | -$100.6M | -$128.47M | -$140.16M | -$78.33M | -$31.43M | -$31.36M |
| Income Tax Expense | $2.63M | $3.44M | $1.96M | $583K | -$165K | $537K | $452K |
| Net Income | -$131.29M | -$103.74M | -$129.17M | -$138.97M | -$76.72M | -$31.97M | -$31.81M |
| Net Income Margin | -17.8% | -17.5% | -27.4% | -39.1% | -32.2% | -21.3% | -33.0% |
| Supplementary Data | |||||||
| EPS | -1.22 | -1.02 | -1.32 | -1.47 | -0.83 | -0.35 | -1.87 |
| Diluted EPS | -1.22 | -1.02 | -1.32 | -1.47 | -0.83 | -0.35 | -1.87 |
| Weighted Average OS | 107.91M | 102.19M | 98.10M | 94.57M | 92.97M | 92.11M | 17.02M |
| EBITDA | -$125.43M | -$112.04M | -$137.73M | -$143.52M | -$75.56M | -$30.56M | -$32.99M |
| EBITDA Margin | -17.0% | -18.9% | -29.2% | -40.4% | -31.7% | -20.3% | -34.2% |
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $124.34M | $83.06M | $68.23M | $68.59M | $478.94M | $28.51M | $6.74M |
| Short-Term Investments | $287.58M | $430.46M | $407.9M | $410.08M | $35.16M | $58M | $85.22M |
| Cash and Short-Term Investments | $411.92M | $513.52M | $476.13M | $478.67M | $514.09M | $86.51M | $91.96M |
| Accounts Receivable | $132.05M | $101.96M | $97.29M | $78.34M | $64.5M | $34.77M | $23.27M |
| Inventory | $0 | $0 | $0 | $0 | $24.9M | $0 | $0 |
| Other Current Assets | $23.96M | $6.25M | $7.97M | $26.16M | $4.69M | $11.48M | $10.89M |
| Total Current Assets | $567.93M | $644.03M | $601.12M | $583.17M | $608.18M | $133.96M | $126.97M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $115.53M | $114.7M | $110.52M | $66.6M | $7.39M | $5.49M | $2.55M |
| Goodwill | $261.86M | $28.45M | $28.45M | $0 | $0 | $0 | $0 |
| Intangible Assets | $61.49M | $3.13M | $3.69M | $500K | $0 | $0 | $0 |
| Long-Term Investments | $3.43M | $530K | $530K | $4.04M | $4.04M | $4.04M | $4.51M |
| Deferred Tax Assets | $0 | $0 | $0 | -$500K | $10.42M | $6.97M | $4.59M |
| Other Long-Term Assets | $103.53M | $80.7M | $67.16M | $51.6M | $50.68M | $31.95M | $23.55M |
| Total Long-Term Assets | $545.83M | $226.97M | $209.82M | $122.23M | $58.08M | $37.44M | $26.1M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.11B | $871M | $810.94M | $705.41M | $666.26M | $171.39M | $153.07M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $1.56M | $2.15M | $6.32M | $3.1M | $2.08M | $439K | $1.21M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $8.85M | $9.05M | $2.15M | $1.95M | $0 | $0 |
| Current Unearned Revenue | $304.56M | $239.98M | $204.27M | $166.09M | $126.26M | $74.79M | $51.41M |
| Other Current Liabilities | $45.98M | $31.39M | $32.01M | $22.62M | $17.62M | $13.03M | $4.41M |
| Total Current Liabilities | $420.41M | $324.48M | $289.44M | $217.3M | $159.97M | $101.13M | $64.27M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $80K | $20K |
| Other Long-Term Liabilities | $5.8M | $2.49M | $2.05M | $755K | $1.48M | $176.46M | $175.66M |
| Total Long-Term Liabilities | $69.19M | $71.77M | $77.08M | $41.34M | $1.48M | $176.54M | $175.68M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $489.6M | $396.25M | $366.52M | $258.65M | $161.44M | $277.67M | $239.95M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $11K | $10K | $10K | $10K | $9K | $0 | $0 |
| Retained Earnings | -$718.12M | -$586.84M | -$483.09M | -$353.93M | -$214.96M | -$138.24M | -$106.49M |
| Comprehensive Income & Other | $1.79M | -$926K | -$1.18M | -$6.82M | -$640K | -$42K | $34K |
| Other Stockholders' Equity | $1.34B | $1.06B | $927.32M | $799.22M | $716.53M | $29.73M | $19.61M |
| Total Equity | $623.77M | $474.86M | $444.23M | $445.3M | $501.58M | -$108.51M | -$86.88M |
| Minority Interest | $389K | -$112K | $192K | $1.46M | $3.23M | $2.23M | $0 |
| Total Liabilities and Equity | $1.11B | $871.11M | $810.75M | $703.95M | $663.03M | $169.16M | $153.07M |
| Supplementary Data | |||||||
| Total Debt | $82.65M | $87.44M | $90.61M | $51.28M | $0 | $0 | $0 |
| Net Debt | -$41.69M | $4.38M | $22.38M | -$17.3M | -$478.94M | -$28.51M | -$6.74M |
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 |
| Operating Activities | |||||||
| Net Income | -$130.79M | -$104.05M | -$129.17M | -$140.75M | -$78.17M | -$31.97M | -$31.81M |
| Depreciation & Amortization | $19.33M | $10.12M | $6.96M | $4.62M | $2.77M | $1.59M | $645K |
| Deferred Income Tax | $0 | $0 | $0 | $495K | -$80K | $60K | $57K |
| Stock-Based Compensation | $143.74M | $115.14M | $97.23M | $72.24M | $47.18M | $7.54M | $12.41M |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$22.71M | -$5.36M | -$14.01M | -$14.65M | -$29.82M | -$12.35M | -$12.59M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $14.38M | $6.5M |
| Accounts Payable | -$601K | -$3.91M | $3.42M | $906K | $1.65M | -$776K | -$2.55M |
| Other Working Capital | $18.41M | -$13.38M | $11.64M | $23.17M | $2.51M | $3.41M | $13.86M |
| Total Working Capital Change | -$4.91M | -$22.65M | $1.05M | $9.43M | -$25.66M | $4.66M | $5.22M |
| Other Non-Cash Items | $44.07M | $38.12M | $30.77M | $31.65M | $18.55M | $12.04M | $6.12M |
| Net Cash from Operating | $71.44M | $36.68M | $6.85M | -$22.31M | -$35.4M | -$6.08M | -$7.37M |
| Investing Activities | |||||||
| Capital Expenditures | -$9.59M | -$13.23M | -$9.76M | -$16.7M | -$4.38M | -$4.35M | -$2.55M |
| Acquisitions | -$181.85M | $0 | -$16.32M | $1.26M | $2.06M | $1.89M | $830K |
| Purchases of Investments | -$151.64M | -$217.97M | -$248.06M | -$638.22M | -$36.89M | -$59.42M | -$123.13M |
| Sales of Investments | $175.21M | $198.55M | $257.74M | $256.41M | $59.31M | $86.24M | $38.45M |
| Other Investing Activities | $116.97M | -$3.81M | -$3.57M | -$1.26M | -$2.06M | -$1.89M | -$830K |
| Net Cash from Investing | -$50.91M | -$36.47M | -$19.98M | -$398.52M | $18.04M | $22.47M | -$87.23M |
| Financing Activities | |||||||
| Debt Repaid | - | - | - | - | - | - | - |
| Common Stock Issuance | $22.96M | $11.7M | $13.11M | $11.33M | $462.26M | $2.63M | $1.26M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | -$5K | -$214K | -$8K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $5.65M | $5.08M | $1.26M |
| Net Cash from Financing | $22.96M | $11.7M | $13.11M | $11.33M | $467.91M | $4.87M | $1.26M |
| Forex Effect | $1.25M | -$444K | -$475K | -$855K | -$597K | $158K | $15K |
| Net Change in Cash | $44.75M | $11.46M | -$492K | -$410.35M | $449.95M | $21.42M | -$93.33M |
| Supplementary Data | |||||||
| Operating Cash Flow | $71.44M | $36.68M | $6.85M | -$22.31M | -$35.4M | -$6.08M | -$7.37M |
| Capital Expenditure | -$9.59M | -$13.23M | -$9.76M | -$16.7M | -$4.38M | -$4.35M | -$2.55M |
| Free Cash Flow | $61.85M | $23.45M | -$2.91M | -$39.01M | -$39.77M | -$10.43M | -$9.92M |
| Cash at Beginning | $83.59M | $72.13M | $72.62M | $482.97M | $33.02M | $11.6M | $104.93M |
| Cash at End | $128.34M | $83.59M | $72.13M | $72.62M | $482.97M | $33.02M | $11.6M |