Braze, Inc.
Business
Braze is a leading customer engagement platform that empowers brands to build and maintain direct, meaningful relationships with their customers through composable intelligence, first-party data activation, and cross-channel orchestration. The platform delivers interactions across in-product and out-of-product messaging channels including email, SMS, push notifications, in-app messages, landing pages, and social ad network integrations. Braze serves 2,609 customers globally across retail, media & entertainment, gaming, financial services, healthcare, and other verticals through a direct sales force with operations in North America, South America, Europe, the Middle East, and Asia-Pacific, using a land-and-expand subscription model based on message volume and user reach.
Summary from 10-K filed 2026-03-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Revenue | 738 | 593 | 472 | 355 | 238 | |
| Cost of revenue | 243 | 183 | 148 | 116 | 79 | |
| Gross Profit | 496 | 410 | 324 | 240 | 160 | |
| Sales and marketing | 327 | 282 | 247 | 202 | 127 | |
| Research and development | 167 | 134 | 120 | 97 | 59 | |
| General and administrative | 146 | 116 | 102 | 89 | 52 | |
| Total operating expenses | 640 | 532 | 469 | 388 | 238 | |
| Loss from operations | −145 | −122 | −145 | −148 | −78 | |
| Other income, net | 17 | 22 | 16 | 8 | −121,000 | |
| Loss before provision for income taxes | −128 | −101 | −128 | −140 | −78 | |
| Provision for income taxes | 3 | 3 | 2 | 583,000 | −165,000 | |
| Net loss | −131 | −104 | −130 | −141 | −78 | |
| Net income (loss) attributable to redeemable non-controlling interest | 501,000 | −304,000 | −1 | −2 | −1 | |
| Net loss attributable to Braze, Inc. | −131 | −104 | −129 | −139 | −77 | |
| Net loss per share attributable to Braze, Inc. common stockholders, basic (in dollars per share) | −1.22 | −1.02 | −1.32 | −1.47 | −2.2 | |
| Net loss per share attributable to Braze, Inc. common stockholders, diluted (in dollars per share) | −1.22 | −1.02 | −1.32 | −1.47 | −2.2 | |
| Weighted-average shares used to compute net loss per share attributable to Braze, Inc. common stockholders, basic (in shares) | 108 | 102 | 98 | 95 | 35 | |
| Weighted-average shares used to compute net loss per share attributable to Braze, Inc. common stockholders, diluted (in shares) | 108 | 102 | 98 | 95 | 35 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 124 | 83 | 68 | 69 | 479 | |
| Restricted cash, current | 566,000 | 0 | 3 | 0 | 0 | |
| Accounts receivable, net of allowance of $1,934 and $2,563 at January 31, 2026 and January 31, 2025, respectively | 122 | 95 | 92 | 78 | 65 | |
| Marketable securities | 288 | 430 | 408 | 410 | 35 | |
| Prepaid expenses and other current assets | 33 | 35 | 29 | 26 | 30 | |
| Total current assets | 568 | 644 | 601 | 583 | 608 | |
| Restricted cash, noncurrent | 3 | 530,000 | 530,000 | 4 | 4 | |
| Property and equipment, net | 44 | 39 | 29 | 20 | 7 | |
| Operating lease right-of-use assets | 72 | 76 | 81 | 46 | 0 | |
| Deferred contract costs | 101 | 77 | 64 | 48 | 42 | |
| Goodwill | 262 | 28 | 28 | 0 | — | |
| Intangible assets, net | 61 | 3 | 4 | 500,000 | — | |
| Other assets | 3 | 3 | 3 | 3 | 5 | |
| TOTAL ASSETS | 1,114 | 871 | 811 | 705 | 666 | |
| Accounts payable | 2 | 2 | 6 | 3 | 2 | |
| Accrued expenses and other current liabilities | 95 | 64 | 63 | 37 | 32 | |
| Deferred revenue | 305 | 240 | 204 | 166 | 126 | |
| Operating lease liabilities, current | 19 | 18 | 16 | 11 | 0 | |
| Total current liabilities | 420 | 324 | 289 | 217 | 160 | |
| Operating lease liabilities, noncurrent | 63 | 69 | 75 | 41 | 0 | |
| Other long-term liabilities | 6 | 2 | 2 | 755,000 | 1 | |
| TOTAL LIABILITIES | 490 | 396 | 367 | 259 | 161 | |
| COMMITMENTS AND CONTINGENCIES (Note 13) | — | — | — | — | — | |
| Redeemable non-controlling interest (Note 4) | 389,000 | −112,000 | 192,000 | 1 | 3 | |
| Additional paid-in capital | 1,340 | 1,063 | 928 | 806 | 717 | |
| Accumulated other comprehensive gain (loss) | 2 | −926,000 | −1 | −7 | −640,000 | |
| Accumulated deficit | −718 | −587 | −483 | −354 | −215 | |
| TOTAL STOCKHOLDERS EQUITY | 624 | 475 | 444 | 445 | 502 | |
| TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND STOCKHOLDERS EQUITY | 1,114 | 871 | 811 | 705 | 666 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 144 | 115 | 97 | 72 | 47 | |
| Amortization of deferred contract costs | 41 | 35 | 30 | 24 | 18 | |
| Depreciation and amortization | 19 | 10 | 7 | 5 | 3 | |
| Provision for credit losses | 666,000 | 2 | 2 | 807,000 | 88,000 | |
| Value of common stock donated to charity | 3 | 4 | 4 | 4 | 0 | |
| Accretion of discount on marketable securities | −951,000 | −2 | −2 | 1 | 369,000 | |
| Non-cash foreign exchange (gain) loss | −73,000 | −1 | 460,000 | 2 | 387,000 | |
| Fair value adjustments to contingent consideration | 0 | −223,000 | −2 | 0 | 0 | |
| Fixed asset write offs | 80,000 | 488,000 | 146,000 | 34,000 | — | |
| Other | −144,000 | −152,000 | −495,000 | 461,000 | −80,000 | |
| Accounts receivable | −23 | −5 | −14 | −15 | −30 | |
| Prepaid expenses and other current assets | 4 | −7 | −3 | 4 | −18 | |
| Deferred contract costs | −65 | −48 | −45 | −30 | −32 | |
| ROU assets and liabilities | −1 | 2 | 4 | 3 | 0 | |
| Other assets | −2 | −29,000 | 229,000 | 2 | −5 | |
| Accounts payable | −601,000 | −4 | 3 | 906,000 | 2 | |
| Accrued expenses and other current liabilities | 26 | 4 | 21 | 5 | 6 | |
| Deferred revenue | 57 | 36 | 34 | 40 | 51 | |
| Other long-term liabilities | −229,000 | −66,000 | 571,000 | 10,000 | −756,000 | |
| Net cash provided by operating activities | 71 | 37 | 7 | −22 | −35 | |
| Cash paid for acquisition, net of cash acquired | −182 | 0 | −16 | 0 | 0 | |
| Purchases of property and equipment | −10 | −13 | −10 | −15 | −2 | |
| Capitalized internal-use software costs | −4 | −4 | −4 | −1 | −2 | |
| Purchases of marketable securities | −152 | −218 | −248 | −638 | −37 | |
| Maturities of marketable securities | 175 | 195 | 258 | 256 | 59 | |
| Return of principal on marketable securities | 121 | 3 | 0 | 0 | — | |
| Net cash used in investing activities | −51 | −36 | −20 | −399 | 18 | |
| Proceeds from exercise of common stock options | 16 | 7 | 7 | 11 | 8 | |
| Proceeds from stock associated with employee stock purchase plan | 7 | 8 | 6 | 0 | 0 | |
| Payments of deferred purchase consideration | 0 | −3 | −165,000 | 0 | — | |
| Net cash provided by financing activities | 23 | 12 | 13 | 11 | 468 | |
| Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash | 1 | −444,000 | −475,000 | −855,000 | −597,000 | |
| Net change in cash, cash equivalents, and restricted cash | 45 | 11 | −492,000 | −410 | 450 | |
| Cash paid for income taxes, net of refunds | 4 | 3 | 309,000 | 365,000 | 299,000 | |
| Stock-based compensation capitalized to internal-use software | 2 | 2 | 2 | 1 | 387,000 | |
| Unrealized net gain on marketable investment securities | 483,000 | 1 | 5 | −6 | −64,000 | |
| Net change to property and equipment (included in accounts payable / accrued liabilities) | −259,000 | 173,000 | 208,000 | 75,000 | −23,000 | |
| Asset retirement obligation | 38,000 | 34,000 | 62,000 | 374,000 | 0 | |
| Common stock issuance, acquisition | −108 | 0 | −6 | 0 | 0 | |
| Contingent consideration, acquisition | 0 | 0 | −2 | 0 | 0 | |
| Indemnity escrows, acquisition | −3 | 0 | −3 | 0 | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Braze, Inc.'s CIK number?
Braze, Inc.'s SEC CIK number is 0001676238 (1676238). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Braze, Inc.'s SEC filings?
All of Braze, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Braze, Inc. last report earnings?
Braze, Inc. (BRZE) most recently filed an earnings 8-K with the SEC on May 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001676238-26-000024). This is Braze, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Braze, Inc.'s most recent earnings 8-K?
Braze, Inc.'s latest earnings 8-K (Item 2.02) was filed May 27, 2026 under accession 0001676238-26-000024. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Braze, Inc.'s latest earnings 8-K →
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