Braze, Inc. (BRZE) quarterly income statement — complete revenue, gross profit & net income history
Braze, Inc. (BRZE) annual income statement — 7-year revenue, gross profit & net income history
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Sales/Revenue | 227.23M | 211M | 205.17M | 190.84M | 180.11M | 162.06M | 160.4M | 152.05M | 145.5M | 135.46M | 130.96M | 123.96M | 115.11M | 101.78M | 98.67M | 93.13M | 86.13M | 77.5M | 70.43M | 63.97M |
| Revenue Growth % | 26.16% | 30.2% | 27.91% | 25.51% | 23.79% | 19.64% | 22.48% | 22.67% | 26.4% | 33.09% | 32.72% | 33.11% | 33.64% | 31.34% | 40.1% | 45.58% | 54.48% | - | - | - |
| Cost of Goods Sold | 75.37M | 72.34M | 70.82M | 62.63M | 58.22M | 50.86M | 49.31M | 45.91M | 43.42M | 44.55M | 42.99M | 36.37M | 35.47M | 32.69M | 33.42M | 29.14M | 27.35M | 25.91M | 24.77M | 19.17M |
| COGS % of Revenue | 33.17% | 34.28% | 34.52% | 32.82% | 32.33% | 31.38% | 30.74% | 30.19% | 29.84% | 32.89% | 32.83% | 29.34% | 30.82% | 32.12% | 33.87% | 31.29% | 31.76% | 33.43% | 35.17% | 29.97% |
| Gross Profit | 151.86M | 138.66M | 134.35M | 128.21M | 121.89M | 111.2M | 111.09M | 106.14M | 102.08M | 90.91M | 87.97M | 87.58M | 79.63M | 69.09M | 65.25M | 63.99M | 58.78M | 51.59M | 45.66M | 44.79M |
| Gross Margin % | 66.83% | 65.72% | 65.48% | 67.18% | 67.67% | 68.62% | 69.26% | 69.81% | 70.16% | 67.11% | 67.17% | 70.66% | 69.18% | 67.88% | 66.13% | 68.71% | 68.24% | 66.57% | 64.83% | 70.03% |
| Gross Profit Growth % | 24.58% | 24.69% | 20.94% | 20.79% | 19.41% | 22.32% | 26.29% | 21.19% | 28.19% | 31.58% | 34.81% | 36.87% | 35.48% | 33.93% | 42.91% | 42.85% | 58.86% | - | - | - |
| Operating Expenses | 169.98M | 166.18M | 162.59M | 165.76M | 160.64M | 151.42M | 132.65M | 138.71M | 130.03M | 130.99M | 118.89M | 122.72M | 112.72M | 109.72M | 101.77M | 100.85M | 93.89M | 91.24M | 88.25M | 55.24M |
| OpEx % of Revenue | 74.8% | 78.76% | 79.25% | 86.86% | 89.19% | 93.44% | 82.7% | 91.23% | 89.37% | 96.7% | 90.78% | 99% | 97.92% | 107.8% | 103.14% | 108.3% | 109% | 117.73% | 125.29% | 86.36% |
| Selling, General & Admin | 124.7M | 120.08M | 117.56M | 121.69M | 119.39M | 114.63M | 99.05M | 105.86M | 96.89M | 96.62M | 89.14M | 92.84M | 83.12M | 81.25M | 75.02M | 75.27M | 70.55M | 69.62M | 65.34M | 42.5M |
| SG&A % of Revenue | 54.88% | 56.91% | 57.3% | 63.76% | 66.29% | 70.73% | 61.75% | 69.62% | 66.59% | 71.33% | 68.07% | 74.9% | 72.21% | 79.82% | 76.02% | 80.83% | 81.91% | 89.84% | 92.77% | 66.45% |
| Research & Development | 45.27M | 46.1M | 45.03M | 44.07M | 41.25M | 36.8M | 33.6M | 32.85M | 33.14M | 34.37M | 31.11M | 29.87M | 29.13M | 29.75M | 26.75M | 25.58M | 23.34M | 21.62M | 22.9M | 12.74M |
| R&D % of Revenue | 19.92% | 21.85% | 21.95% | 23.09% | 22.9% | 22.71% | 20.95% | 21.61% | 22.78% | 25.38% | 23.76% | 24.1% | 25.31% | 29.22% | 27.11% | 27.47% | 27.09% | 27.9% | 32.52% | 19.91% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | -1000K | 0 | 0 | 0 | 30K | 329K | -236K |
| Operating Income | -18.12M | -27.51M | -28.24M | -37.55M | -38.75M | -40.22M | -21.56M | -32.57M | -27.95M | -40.08M | -30.92M | -35.13M | -35.37M | -41.9M | -36.52M | -36.86M | -35.11M | -39.65M | -42.59M | -10.45M |
| Operating Margin % | -7.98% | -13.04% | -13.76% | -19.67% | -21.52% | -24.82% | -13.44% | -21.42% | -19.21% | -29.59% | -23.61% | -28.34% | -30.73% | -41.16% | -37.01% | -39.59% | -40.76% | -51.16% | -60.47% | -16.33% |
| Operating Income Growth % | 53.23% | 31.59% | -30.98% | -15.27% | -38.65% | -0.35% | 30.28% | 7.3% | 20.98% | 4.34% | 15.33% | 4.7% | -0.75% | -5.67% | 14.25% | -252.83% | -188.95% | - | - | - |
| EBITDA | -11.84M | -21.23M | -22.27M | -31.56M | -33.99M | -37.62M | -18.81M | -29.93M | -25.34M | -37.95M | -29.04M | -32.9M | -34.05M | -40.37M | -34.83M | -35.86M | -34.21M | -38.68M | -41.94M | -9.75M |
| EBITDA Margin % | -5.21% | -10.06% | -10.85% | -16.54% | -18.87% | -23.21% | -11.73% | -19.69% | -17.42% | -28.02% | -22.18% | -26.54% | -29.58% | -39.66% | -35.3% | -38.51% | -39.72% | -49.92% | -59.54% | -15.24% |
| EBITDA Growth % | 65.16% | 43.56% | -18.37% | -5.43% | -34.1% | 0.89% | 35.22% | 9% | 25.57% | 5.99% | 16.62% | 8.28% | 0.46% | -4.36% | 16.95% | -267.91% | -200.99% | - | - | - |
| D&A (Non-Cash Add-back) | 6.28M | 6.28M | 5.97M | 5.99M | 4.77M | 2.61M | 2.75M | 2.64M | 2.61M | 2.13M | 1.88M | 2.24M | 1.32M | 1.53M | 1.69M | 1M | 900K | 965K | 650K | 700K |
| EBIT | -18.12M | -27.51M | -28.24M | -37.55M | -34.77M | -40.22M | -21.56M | -32.57M | -27.95M | -40.08M | -32.29M | -35.13M | -35.37M | -41.9M | -36.52M | -36.86M | -35.11M | -39.65M | -42.17M | -10.45M |
| Net Interest Income | 2.81M | 3.06M | 0 | 0 | 4M | 5.18M | 0 | 0 | 0 | 0 | 0 | 4.12M | 3.77M | 0 | 0 | 0 | 0 | 0 | 33K | 18K |
| Interest Income | 2.81M | 3.06M | 0 | 0 | 4M | 5.18M | 0 | 0 | 0 | 0 | 0 | 4.12M | 3.77M | 0 | 0 | 0 | 0 | 0 | 89K | 77K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56K | 59K |
| Other Income/Expense | 2.3M | 3.45M | 3.56M | 3.4M | 3.98M | 5.65M | 5.59M | 5.29M | 5.5M | 5.17M | 4.35M | 4.54M | 3.87M | 3.46M | 3.64M | 2.58M | 1.73M | 30K | 362K | -218K |
| Pretax Income | -15.82M | -24.06M | -24.68M | -34.14M | -34.77M | -34.57M | -15.97M | -27.28M | -22.45M | -34.91M | -27.94M | -30.59M | -31.5M | -38.44M | -32.88M | -34.28M | -33.38M | -39.62M | -42.23M | -10.67M |
| Pretax Margin % | -6.96% | -11.4% | -12.03% | -17.89% | -19.3% | -21.33% | -9.96% | -17.94% | -15.43% | -25.77% | -21.33% | -24.68% | -27.37% | -37.77% | -33.32% | -36.81% | -38.75% | -51.12% | -59.95% | -16.67% |
| Income Tax | 2.48M | 1.43M | 6.9M | 1.66M | -7.01M | 1.07M | 1.09M | 851K | 702K | 798K | 639K | 385K | 545K | 388K | 925K | -391K | 35K | 14K | 1.12M | -1.61M |
| Effective Tax Rate % | -15.7% | -5.93% | -27.96% | -4.86% | 20.15% | -3.1% | -6.85% | -3.12% | -3.13% | -2.29% | -2.29% | -1.26% | -1.73% | -1.01% | -2.81% | 1.14% | -0.1% | -0.04% | -2.65% | 15.08% |
| Net Income | -18.85M | -26.59M | -31.6M | -36M | -27.9M | -35.79M | -17.19M | -27.91M | -23M | -35.64M | -28.28M | -30.74M | -31.69M | -38.83M | -33.81M | -33.89M | -33.41M | -39.63M | -43.34M | -8.72M |
| Net Margin % | -8.3% | -12.6% | -15.4% | -18.86% | -15.49% | -22.08% | -10.72% | -18.36% | -15.81% | -26.31% | -21.59% | -24.8% | -27.53% | -38.15% | -34.26% | -36.39% | -38.79% | -51.14% | -61.54% | -13.63% |
| Net Income Growth % | 32.42% | 25.69% | -83.83% | -28.97% | -21.31% | -0.41% | 39.2% | 9.21% | 27.43% | 8.2% | 16.36% | 9.3% | 5.14% | 2.04% | 22% | -288.58% | -173.25% | - | - | - |
| Net Income (Continuing) | -18.31M | -25.49M | -31.58M | -35.8M | -27.76M | -35.64M | -17.06M | -28.13M | -23.15M | -35.71M | -28.58M | -30.98M | -32.05M | -38.83M | -33.81M | -33.89M | -33.41M | -39.63M | -43.34M | -9.06M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.03M | 1.49M | 389K | 367K | 169K | 33K | -112K | -240K | -24K | 126K | 192K | 493K | 728K | 1.08M | 1.46M | 1.81M | 2.34M | 2.87M | 3.23M | 3.64M |
| EPS (Diluted) | -0.17 | -0.24 | -0.29 | -0.33 | -0.26 | -0.34 | -0.17 | -0.27 | -0.23 | -0.35 | -0.29 | -0.31 | -0.33 | -0.40 | -0.36 | -0.36 | -0.35 | -0.42 | -0.46 | -0.10 |
| EPS Growth % | 34.62% | 29.41% | -70.59% | -22.22% | -13.04% | 2.86% | 41.38% | 12.9% | 30.3% | 12.5% | 19.44% | 13.89% | 5.71% | 4.76% | 21.74% | -272.67% | -150% | - | - | - |
| EPS (Basic) | -0.17 | -0.24 | -0.29 | -0.33 | -0.26 | -0.34 | -0.17 | -0.27 | -0.23 | -0.35 | -0.29 | -0.31 | -0.33 | -0.40 | -0.36 | -0.36 | -0.36 | -0.43 | -0.47 | -0.10 |
| Diluted Shares Outstanding | 111.25M | 110.8M | 108.54M | 107.03M | 106.81M | 104.57M | 102.92M | 102.15M | 101.45M | 100.79M | 98.56M | 97.88M | 97.18M | 96.35M | 94.97M | 94.47M | 94.47M | 94.1M | 93.25M | 90.26M |
| Basic Shares Outstanding | 111.25M | 110.8M | 108.54M | 107.03M | 106.81M | 104.57M | 102.92M | 102.15M | 101.45M | 100.79M | 98.56M | 97.88M | 97.18M | 96.35M | 94.97M | 94.47M | 94.1M | 93.25M | 92.97M | 90.26M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |