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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$3.24B+21.1%
Enterprise value$3.17B+18.7%
P/S4.1×0.0×

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:ResearchAndDevelopmentExpense.

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
Line itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025
Gross profit138,663111,202
Operating expenses:
Sales and marketing89,18874,127
Research and development46,10036,797
General and administrative30,88940,500
Total operating expenses166,177151,424
Loss from operations(27,514)(40,222)
Other income, net3,4505,652

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Braze, Inc.'s R&D?
Braze, Inc. (BRZE) reported R&D of $46.1M in Q1 2026.
How has Braze, Inc.'s R&D changed year-over-year?
Braze, Inc.'s R&D increased by 25.3% year-over-year, from $36.8M to $46.1M.
What is the long-term trend for Braze, Inc.'s R&D?
Over 4 years (2022 to 2026), Braze, Inc.'s R&D has grown at a 29.7% compound annual growth rate (CAGR), from $59.03M to $167.14M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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