Braze, Inc.(BRZE)

$23.68▲0.10 (0.42%)

Braze, Inc.(BRZE)

NASDAQ

$23.68▲0.10 (0.42%)

Overview Intelligence Chart Fundamentals Key Metrics Earnings Growth Analysts Financials Insiders Institutional

Revenue (LTM)

$738M

+24.4% YoY

Net Income (LTM)

$-131M

-26.6% YoY

Free Cash Flow

$62M

Revenue CAGR (5Y)

+32.7%

—Marginsstable

FCF$0.1B

Unprofitable

Watch on earnings:Revenue growth rate and guidance - deceleration below 20% would signal market saturation concernsRemaining performance obligations (RPO) and current RPO growth - leading indicator of future revenue, 25%+ growth signals healthy bookingsNon-GAAP operating margin and free cash flow margin progression - investors expect 200-300bps annual improvement toward breakevenDollar-based net retention rate - sub-110% would indicate product-market fit concerns or competitive pressureCustomer count in $100K+ and $1M+ ACV cohorts - enterprise penetration drives higher-quality revenue mix

Key metrics:Dollar-based net revenue retention rate (quarterly disclosure) - leading indicator of product stickiness and expansion potential · Enterprise customer additions (>$100K ACV) - validates upmarket motion and revenue quality improvement · Non-GAAP operating margin trajectory - path to Rule of 40 (growth + FCF margin) determines valuation re-rating potential · Remaining performance obligations (RPO) growth rate - forward revenue visibility and bookings momentum

Income Statement

Metric	Jan 22	Jan 23	Jan 24	Jan 25	Jan 26
Revenue	238	355↑49.3%	472↑32.7%	593↑25.8%	738↑24.4%
Gross Profit	160	240↑50.2%	324↑35.3%	410↑26.5%	496↑20.8%
Operating Income	-78	-148↓89.4%	-145↑2.3%	-122↑15.6%	-133↓8.7%
Net Income	-77	-139↓81.1%	-129↑7.1%	-104↑19.7%	-131↓26.6%
EBITDA	-76	-144↓89.9%	-138↑4.0%	-112↑18.6%	-113↓1.2%
EPS Diluted	-0.83	-1.47↓77.1%	-1.32↑10.2%	-1.02↑22.7%	-1.22↓19.6%

Balance Sheet

⚠ Cash burn trajectory - With negative operating margins and minimal free cash flow generation, Braze must balance growth investment against runway preservation; estimated $200M+ cash provides 2-3 years at current burn, but equity dilution risk exists if profitability timeline extends

Metric	Jan 22	Jan 23	Jan 24	Jan 25	Jan 26
Cash & Equivalents	479	69↓85.7%	68↓0.5%	83↑21.7%	124↑49.7%
Total Current Assets	608	583↓4.1%	601↑3.1%	644↑7.1%	568↓11.8%
Total Assets	666	705↑5.9%	811↑15.0%	871↑7.4%	1,114↑27.9%
Total Current Liabilities	160	217↑35.8%	289↑33.2%	324↑12.1%	420↑29.6%
Total Liabilities	161	259↑60.2%	367↑41.7%	396↑8.1%	490↑23.6%
Total Equity	502	445↓11.2%	444↓0.2%	475↑6.9%	624↑31.4%
Total Debt	0	51	91↑76.7%	87↓3.5%	83↓5.5%
Net Debt	-479	-17↑96.4%	22↑229.4%	4↓80.4%	-42↓1052.2%

Cash Flow Statement

Metric	Jan 22	Jan 23	Jan 24	Jan 25	Jan 26
Operating Cash Flow	-35	-22↑37.0%	7↑130.7%	37↑435.5%	71↑94.8%
Capital Expenditure	-4	-17↓281.8%	-10↑41.6%	-13↓35.6%	-10↑27.6%
Free Cash Flow	-40	-39↑1.9%	-3↑92.5%	23↑905.4%	62↑163.8%
Stock-Based Comp	47	72↑53.1%	97↑34.6%	115↑18.4%	144↑24.8%
Net Change in Cash	450	-410↓191.2%	-0↑99.9%	11↑2429.5%	45↑290.4%

Values in millions except EPS · Ratios shown as percentages · Click any metric to drill down

Explore More

S&P 500 Screener

Filter and sort all 500 stocks

Market Movers

Today's biggest gainers and losers

Market Heatmap

Visual sector performance