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Braze, Inc. BRZE Contract Assets

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Other financials

Income statement

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Revenue$211.0M+30.2%
Gross profit$138.7M+24.7%
Operating income-$27.5M+31.6%
Net income-$26.6M+25.7%
EPS (diluted)-$0.24+29.4%

Balance sheet

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Cash & equivalents$149.3M-35.7%
Total debt$81.5M-6.7%
Total equity$581.7M+22.6%
Total assets$1.1B+22.7%

Cash flow

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Operating cash flow$28.1M+16.5%
CapEx$108.0K-50.2%
Free cash flow$28.0M+17.1%

Valuation

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Market cap$2.99B+11.8%
Enterprise value$2.92B+9.3%
P/S3.8×-0.3×

Profitability

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Gross margin66.5%-3.0pp
Operating margin-16.8%-2.2pp
Net margin-15.5%-1.1pp
FCF margin8.4%

Returns & leverage

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Return on equity-23.1%+0.3pp
Debt / equity0.1×0.0×
Current ratio1.2×-0.7×

Where this comes from

Reported directly by Braze, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetGross.

The source filing: Braze, Inc.’s 10-Q, filed May 28, 2026.

Filed
May 27, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001676238-26-000027

Contract assets as of April 30, 2026 and January 31, 2026 were $0.9 million and $1.3 million, respectively. The change in contract assets for all periods presented primarily reflects revenue recognized in excess of billings partially offset by contract assets earned during the period.

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Braze, Inc.'s contract assets?
Braze, Inc. (BRZE) reported contract assets of $900K in Q1 2026.
How has Braze, Inc.'s contract assets changed year-over-year?
Braze, Inc.'s contract assets increased by 200.0% year-over-year, from $300K to $900K.
What is the long-term trend for Braze, Inc.'s contract assets?
Over 5 years (2021 to 2026), Braze, Inc.'s contract assets has grown at a 26.6% compound annual growth rate (CAGR), from $400K to $1.3M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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