Braze, Inc.

BRZE Technology Software Application

Braze, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $738.2 million, up 24.4% from fiscal 2025. In the quarter to July 2026, revenue grew 26.2%, EPS grew 34.6% and free cash flow grew 515.5%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

29.34 1.04 −3.42%
Market cap
$3.5B
P/E
0.0×
Fwd P/E
−27.7×
Dividend yield
—
F-score
4/9
Altman Z
2.24
Beneish M
−2.63
Dividend safety
n/a

Insider Decisions trades per month

Total sells 12.71
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 6 1 — 6 — 2 — — 2 8 — —
Insider Ownership 21.34%

Capital & Financial Ratios $m

Market Cap 3,450.00
Revenue 834.24
Net Income (111.18)
Free Cash Flow 80.20
Net Debt (399.38)
Current Ratio 1.27
Debt/Equity 0.02 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (27.70) (negative: loss-making)
P/S ratio 3.91
P/B ratio 5.44
Past 5Y EPS Growth —
This Y EPS Growth 69.11% (at or above 15%: strong)
Next Y EPS Growth 51.93% (at or above 15%: strong)
Next Y revenue growth 23.60% (at or above 10%: strong)
Next 5Y EPS Growth 50.77% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 13.87%
10-year low 10-year high
P/B against its own 10 years 29.33%
10-year low 10-year high
EV/Sales against its own 10 years 14.76%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2021 Powerpack
2020 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 479 514 412 410
Receivables 92 95 122 112
Inventory — — — —
Other — — — —
601 644 568 570
2024 2025 2026 Q'26
Payables 6 2 2 2
ST’ Debt — — — —
Other — — — —
289 324 420 450

Compound Annual Growth %

10y 5y 3y
Sales — 37.50% 27.59%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 55.80% 11.77%

Revenue $m

Apr Jul Oct Jan Year
’26 211 227 — — —
’26 162 180 191 205 738
’25 135 145 152 160 593
’24 102 115 124 131 472
’23 77 86 93 99 355
’22 48 56 64 70 238
’21 32 36 39 43 150
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Apr Jul Oct Jan Year
’26 28 24 — — —
’26 24 7 21 19 71
’25 19 12 (11) 17 37
’24 23 (18) (2) 4 7
’23 18 (16) (24) 0 (22)
’22 (4) (5) (2) (25) (35)
’21 — — — 0 (6)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Apr Jul Oct Jan Year
’26 27 22 — — —
’26 23 4 18 14 58
’25 11 7 (14) 15 20
’24 22 (19) (6) (4) (6)
’23 16 (25) (28) (2) (39)
’22 (5) (6) (3) (26) (40)
’21 — — — (1) (10)
Fiscal quarters ending in the months shown.

EPS $

Apr Jul Oct Jan Year
’26 (0.24) (0.17) — — —
’26 (0.34) (0.26) (0.33) (0.29) (1.22)
’25 (0.35) (0.23) (0.27) (0.17) (1.02)
’24 (0.40) (0.33) (0.31) (0.29) (1.32)
’23 (0.42) (0.35) (0.35) (0.35) (1.47)
’22 (0.67) (0.62) (0.42) (0.55) (2.20)
’21 — — (0.47) — (1.78)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to January

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low — — — — 55.73 22.54 23.67 29.18 23.91 15.26

Analyst estimates 2027–2029

Powerpack
High — — — — 98.78 79.25 58.67 61.53 48.33 35.02
People
People Employees — — — — 870 1,164 1,501 1,548 1,699 1,988
Revenue/emp, $m — — 0.00 0.00 0.17 0.20 0.24 0.30 0.35 0.37
Income, $m
Income, $m Revenue — — 96 96 150 238 355 472 593 738
Gross margin, % — — 62.97 62.97 63.71 67.02 67.41 68.73 69.13 67.15
EBT — — (31) (31) (31) (78) (140) (128) (101) (128)
EBT margin, % — — (32.54) (32.54) (20.93) (32.91) (39.44) (27.23) (16.95) (17.36)
Net income — 0 (32) 0 (32) (78) (141) (130) (104) (131)
Depreciation — — 6 13 13 21 30 35 43 60
Per share, $
Per share, $ Revenue — — 0.00 5.95 8.36 6.82 3.76 4.81 5.81 6.84
Earnings — — — (1.96) (1.78) (2.20) (1.47) (1.32) (1.02) (1.22)
Cash flow — — 0.00 0.00 (0.34) (1.01) (0.24) 0.07 0.36 0.66
Capex — — 0.00 0.00 (0.24) (0.13) (0.18) (0.14) (0.17) (0.12)
Free cash flow — — 0.00 0.00 (0.58) (1.14) (0.41) (0.07) 0.19 0.54
Book value — — 0.00 0.00 3.78 14.37 4.72 4.53 4.65 5.78
Shares, m — — — 16 18 35 95 98 102 108
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S — — 9.19 9.19 9.19 7.33 8.51 11.24 7.92 3.03
P/B — — 0.00 0.00 0.00 3.48 6.77 11.94 9.89 3.59
EV/Sales — — 8.82 8.82 8.82 5.17 7.28 10.38 7.18 2.58
EV/FCF — — 154.35 154.35 154.35 (132.23) (66.34) (755.52) 217.10 32.76
Cash, $m
Cash, $m Operating cash flow — — (7) 26 (6) (35) (22) 7 37 71
Capex — — (3) (4) (4) (4) (17) (13) (17) (13)
Free cash flow — — (10) 22 (10) (40) (39) (6) 20 58
Balance, $m
Balance, $m Working capital — — 63 (28) 33 448 366 312 320 148
Total debt — — — — — — 51 — — —
Net debt — — (92) (92) (87) (514) (479) (479) (514) (412)
Shareholders’ equity — — 87 176 68 502 447 444 475 624
Returns, %
Returns, % ROA — — (41.56) 0.22 (29.08) (18.32) (20.26) (17.04) (12.34) (13.23)
ROIC — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (42.82)
ROE — — 36.62 (0.51) 61.01 (38.81) (29.31) (28.99) (22.58) (23.90)
Negative figures in brackets.

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Charts ten years each

Braze, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SRAD Sportradar Group AG $3.8B 130× 47.0× +21.77% (above 0%: growing) n/m +10.16% (above 0%: growing) 85.63% 7.12% Compare
FRSH Freshworks Inc. $3.7B 21.1× 151× +15.98% (above 0%: growing) n/m −2.84% (below 0%: shrinking) 84.79% 2.55% Compare
BRZE Braze, Inc. $3.5B — (loss-making) — (loss-making) +26.16% (above 0%: growing) n/m +515.45% (above 0%: growing) 66.83% (7.98%)
LIF Life360, Inc. $3.4B 22.0× 32.6× +37.77% (above 0%: growing) −33.33% (below 0%: shrinking) +115.99% (above 0%: growing) 79.83% (0.04%) Compare
BULL Webull Corporation $3.4B 60.7× — +51.21% (above 0%: growing) n/m −454,633.33% (below 0%: shrinking) 77.70% 22.86% Compare
NATL NCR Atleos Corporation $3.4B 17.3× 12.0× +0.09% (above 0%: growing) +44.26% (above 0%: growing) +111.11% (above 0%: growing) 28.01% 14.14% Compare
INTA Intapp, Inc. $3.4B — (loss-making) 107× +12.95% (above 0%: growing) n/m +23.70% (above 0%: growing) 77.60% (2.77%) Compare
AGYS Agilysys, Inc. $3.2B 71.5× 56.5× +14.35% (above 0%: growing) +77.78% (above 0%: growing) +246.88% (above 0%: growing) 63.48% 11.11% Compare
SPSC SPS Commerce, Inc. $3.1B 41.0× 20.9× +5.56% (above 0%: growing) −63.46% (below 0%: shrinking) +123.84% (above 0%: growing) 70.16% 4.25% Compare
Median of peers $3.4B 41.0× 47.0× +15.17% +5.47% +67.41% 77.65% 5.69%

All 237 Software Application stocks →

Braze, Inc. (BRZE) key facts

  • Concern: Braze, Inc. reported a net loss of $130.8 million, or a loss of $1.22 per share, for fiscal 2026.
  • Strength: Braze, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $738.2 million, up 24.4% from fiscal 2025.
  • Braze, Inc. (BRZE) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, BRZE traded at $29.34, a market capitalization of $3.5 billion.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 3.9× sales.
  • Return on equity was −23.9% and debt-to-equity 0.02.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 2.24 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Braze, Inc. (BRZE) Latest News

12 Sep

stockrow.com/BRZE · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com