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.

Revenue
+26.2%
EPS
+34.6%
Free cash flow
+515.5%

Quarter to July 2026, against a year earlier

45.80 0.01 −0.02%
Market cap
$5.2B
P/E
0.0×
Fwd P/E
−57.7×
Dividend yield
—
F-score
4/9
Altman Z
2.24
Beneish M
−2.63
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 24.80
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 1 — 6 — 2 — — 2 8 — 2 —
Insider Ownership 21.14%

Capital & Financial Ratios $m

Size
Market Cap 5,200.00
Revenue ttm 834.24
Net income ttm (111.18)
Free cash flow ttm 80.20
Net debt Q (399.38)
Valuation
P/E 0.00
Forward P/E (57.70) (negative: loss-making)
Price / sales 6.11
Forward P/S Powerpack
Price / FCF 63.53
Price / book 8.49 (above 6: high)
Financial health
Current ratio Q 1.27
Debt / equity Q 0.02 (at or below 0.5: strong)
Interest coverage Q (8.53)
Growth
Revenue growth Q +26.16% (above 0%: growing)
Operating income growth Q +53.23% (above 0%: growing)
EPS, this year +69.06% (at or above 15%: strong)
EPS, next year A +51.66% (at or above 15%: strong)
Revenue, next year A +23.60% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +50.34% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 37.10%
10-year low 10-year high
P/B against its own 10 years 67.86%
10-year low 10-year high
EV/Sales against its own 10 years 41.91%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

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%

Earnings Trends EPS, adjusted, against the consensus

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.

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.

Target Price Range

Analyst price targets

Recommendation Rating

2.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to January

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Jul ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue — — 96 96 150 238 355 472 593 738 834 +33.8% 912 1,068 1,241 +18.9%
Gross margin, % — — 62.97 62.97 63.71 67.02 67.41 68.73 69.13 67.15 66.30 +4.2 pt
EBT — — (31) (31) (31) (78) (140) (128) (101) (128) (99) +22.3%
EBT margin, % — — (32.54) (32.54) (20.93) (32.91) (39.44) (27.23) (16.95) (17.36) (11.83) +15.2 pt
Net income — 0 (32) 0 (32) (78) (141) (130) (104) (131) (111) n/m
Per share, $
Per share, $ Revenue — — 0.00 5.95 8.36 6.82 3.76 4.81 5.81 6.84 7.50 n/m
Earnings — — — (1.96) (1.78) (2.20) (1.47) (1.32) (1.02) (1.22) (1.03) (7.6%)
Cash flow — — 0.00 0.00 (0.34) (1.01) (0.24) 0.07 0.36 0.66 0.83 n/m
Capex — — 0.00 0.00 (0.24) (0.13) (0.18) (0.14) (0.17) (0.12) (0.11) n/m
Free cash flow — — 0.00 0.00 (0.58) (1.14) (0.41) (0.07) 0.19 0.54 0.72 n/m
Book value — — 0.00 0.00 3.78 14.37 4.72 4.53 4.65 5.78 5.39 n/m
Shares, m — — — 16 18 35 95 98 102 108 109 +37.2%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — 9.19 9.19 9.19 7.33 8.51 11.24 7.92 3.03 6.11 8.2
P/B — — 0.00 0.00 0.00 3.48 6.77 11.94 9.89 3.59 8.49 4.5
EV/Sales — — 8.82 8.82 8.82 5.17 7.28 10.38 7.18 2.58 5.63 7.4
EV/FCF — — 154.35 154.35 154.35 (132.23) (66.34) (755.52) 217.10 32.76 58.55 (30.1)
Cash, $m
Cash, $m Operating cash flow — — (7) 26 (6) (35) (22) 7 37 71 93 n/m
Capex — — (3) (4) (4) (4) (17) (13) (17) (13) (12) +26.7%
Free cash flow — — (10) 22 (10) (40) (39) (6) 20 58 80 n/m
Balance, $m
Balance, $m Working capital — — 63 (28) 33 448 366 312 320 148 120 +13.0%
Net debt — — (92) (92) (87) (514) (479) (479) (514) (412) (399) +23.8%
Shareholders’ equity — — 87 176 68 502 447 444 475 624 600 +32.4%
Returns, %
Returns, % ROA — — (41.56) 0.22 (19.57) (18.32) (20.26) (17.04) (12.34) (13.23) (10.50) +28.3 pt
ROIC — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (42.82) (34.68) (42.8) pt
ROE — — 36.62 (0.51) 61.01 (38.81) (29.31) (28.99) (22.58) (23.90) (18.86) (60.5) pt
People
People Employees — — — — 870 1,164 1,501 1,548 1,699 1,988 — +18.0%
Revenue/emp, $m — — 0.00 0.00 0.17 0.20 0.24 0.30 0.35 0.37 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026 · fundamentals updated 26 Oct 2026

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
KVYO Klaviyo, Inc. $5.9B 920× — (loss-making) +24.55% (above 0%: growing) n/m −14.79% (below 0%: shrinking) 74.22% (1.16%) Compare
NIQ NIQ Global Intelligence plc $5.9B — (loss-making) — (loss-making) +8.01% (above 0%: growing) n/m +199.46% (above 0%: growing) 55.52% 5.81% Compare
OCTV Octave Intelligence plc $5.6B — — — — — — — Compare
NICE Nice $5.6B 15.3× 15.7× +8.02% (above 0%: growing) −29.90% (below 0%: shrinking) +141.20% (above 0%: growing) 62.37% 15.25% Compare
PEGA Pegasystems Inc. $5.5B 18.6× 31.6× +3.15% (above 0%: growing) −64.00% (below 0%: shrinking) −96.98% (below 0%: shrinking) 73.60% 3.78% Compare
BRZE Braze, Inc. $5.2B — (loss-making) — (loss-making) +26.16% (above 0%: growing) n/m +515.45% (above 0%: growing) 66.83% (7.98%)
QTWO Q2 Holdings, Inc. $4.7B 41.6× 37.0× +11.93% (above 0%: growing) +122.71% (above 0%: growing) +47.59% (above 0%: growing) 59.73% 15.04% Compare
WK Workiva Inc. $4.7B 65.1× 68.3× +17.31% (above 0%: growing) +600.00% (above 0%: growing) +49.24% (above 0%: growing) 81.10% 6.78% Compare
CCC CCC Intelligent Solutions Holdings Inc. $4.5B 57.9× 45.4× +10.10% (above 0%: growing) n/m +4.87% (above 0%: growing) 74.13% 19.51% Compare
Median of peers $5.6B 49.7× 37.0× +10.10% +46.41% +47.59% 73.60% 6.78%

All 230 Software Application stocks →

Pay and ownership Proxy statement filed 18 May 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 14.23m 653.54k 22.29
2025 11.05m 1.23m 49.23
2024 11.96m 27.79m 57.88
2023 666.82k (22.63m) 34.26
2022 29.34m 45.75m 53.56

Ownership

Directors and executive officers, together 12.50%
Entities affiliated with MCG7 Inc. 6.00%
Neeraj Agrawal 5.10%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Braze, Inc. (BRZE) Latest News

3 Nov

Impact 4 · · Business Wire

27 Oct

23 Oct

Impact 4 · · The Motley Fool

22 Oct

21 Oct

Impact 4 · · Trefis
Impact 4 · · MarketBeat

20 Oct

Impact 4 · · StockStory
Impact 4 · · Barchart
Impact 4 · · The Motley Fool
Impact 4 · · The Motley Fool
Impact 4 · · axios.com

BRZE metrics, ten years each

stockrow.com/BRZE · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com