Braze (BRZE) Financial Statements & Analysis

Braze (BRZE) Income Statement

Braze reported revenue of $738.18M in fiscal 2026 (fiscal year ended Jan 31, 2026), up 24.4% from $593.41M a year earlier. Braze posted a net loss of $131.29M, compared with a net loss of $103.74M a year earlier. Gross margin was 67.1% and operating margin -19.6%. In the most recent quarter, Q2 fiscal 2027 (ended Jul 31, 2026), revenue was $227.23M, up 26.2% from the same quarter a year earlier.

Braze Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Braze, Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020
Revenue & Gross Profit
Revenue	738.18	593.41	471.80	355.43	238.04	150.19	96.36
Cost of Revenue	242.53	183.19	147.53	115.82	78.51	54.51	35.69
Gross Profit	495.66	410.22	324.27	239.61	159.52	95.68	60.68
Operating Expenses
Research & Development	167.14	133.97	119.86	97.29	59.03	29.21	20.34
Selling, General & Administrative	473.27	398.41	349.10	290.46	178.70	98.62	73.87
Operating Expenses	640.41	532.38	468.97	387.75	237.74	127.83	94.21
Operating Income	-144.76	-122.16	-144.69	-148.14	-78.21	-32.15	-33.53
Other Income/Expense
Interest Income	0.00	20.19	0.00	8.73	0.51	1.19	2.13
Interest Expense	0.00	0.00	0.00	0.00	0.37	0.35	0.00
Other Income/Expense	16.60	21.56	16.22	7.98	-0.12	0.72	2.18
Income
Income Before Tax	-128.16	-100.60	-128.47	-140.16	-78.33	-31.43	-31.36
Income Tax Expense	2.63	3.45	1.96	0.58	-0.17	0.54	0.45
Net Income	-131.29	-103.74	-129.17	-138.97	-76.72	-31.97	-31.81
Net Income - Continuous Operations	-130.79	-103.74	-130.43	-138.97	-78.17	-31.97	-31.81
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	-125.43	-112.04	-137.73	-143.52	-75.44	-30.56	-32.99
EBIT	-144.76	-122.16	-144.69	-148.14	-78.21	-32.15	-
Depreciation & Amortization	19.33	10.12	6.96	4.62	2.77	1.59	0.65
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-1.00	-2.00	-	-2.00
Diluted EPS	-1.00	-1.00	-1.00	-1.00	-2.00	-	-2.00
Basic Shares Outstanding	107.91	102.19	98.10	94.57	34.90	92.11	17.02
Diluted Shares Outstanding	107.91	102.19	98.10	94.57	34.90	92.11	17.02

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Braze Financial Statements

What was Braze's revenue in fiscal 2026?

Braze reported revenue of $738.18M in fiscal 2026 (fiscal year ended Jan 31, 2026). That was up 24.4% from $593.41M a year earlier.

Is Braze profitable?

No. Braze reported a net loss of $131.29M in fiscal 2026. In fiscal 2025 it lost $103.74M.

What is Braze's operating margin?

Braze's operating income was −$144.76M on revenue of $738.18M in fiscal 2026, an operating margin of -19.6%, compared with -20.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition