BRZE
Braze, Inc.33.94
+0.82+2.48%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.81BP/E (TTM)
-Basic EPS (TTM)
-1.10Dividend Yield
0%Recent Filings
10-Q
8-K
10-Q
Q2 FY2026 results
Braze posted solid Q2 FY2026 revenue of $180.1M, up 23.8% y/y from $145.5M, with subscription revenue climbing 22.7% y/y to $171.8M amid customer growth to 2,422 and international sales hitting 45% of total. Gross margin dipped to 67.7% from 70.2% y/y, pressured by acquisition costs and tech stack expenses, while operating loss widened to $38.8M from $28.0M y/y due to higher sales and R&D investments. Diluted EPS fell to $(0.26) from $(0.23) y/y, aligning with 106.8M weighted shares. The June 2025 OfferFit acquisition closed for $304.0M (cash/stock mix), adding $239.3M goodwill and $56.7M developed technology (6-year life), bolstering AI capabilities. Liquidity stands strong at $368.3M in cash and marketable securities, with free cash flow of $26.4M for H1 FY2026 (derived). Yet competition from entrenched players like Salesforce and Adobe remains fierce.
8-K
Braze Q2 revenue surges 23.8%
Braze reported Q2 fiscal 2026 revenue of $180.1 million, up 23.8% year-over-year, fueled by new customers and upsells, while achieving non-GAAP operating income of $6.0 million. Customer count rose to 2,422, with remaining performance obligations at $862.2 million signaling robust pipeline. Yet stock-based compensation weighed on GAAP results. Guidance projects full-year revenue of $717.0-$720.0 million amid acquisition integration risks.
8-K
Braze annual meeting results
Braze, Inc. held its Annual Meeting on June 26, 2025, where stockholders elected Phillip Fernandez and Fernando Machado as Class I directors until 2028, with strong support of 171 million votes each. They also approved executive compensation on an advisory basis by a wide margin of 182 million for versus just 2 million against. The selection of Ernst & Young LLP as auditors for the fiscal year ending January 31, 2026, passed overwhelmingly with 205 million votes in favor. Governance remains steady.
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