Financials in USD. Standardized financial statements.
A compact view of how Braze, Inc. turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue? | $738.18M | $593.41M | $471.80M | $355.43M | $238.03M | $150.19M | $96.36M |
| Revenue Growth? | +24.4% | +25.8% | +32.7% | +49.3% | +58.5% | +55.9% | 0.0% |
| Cost of Revenue? | $242.53M | $183.19M | $147.53M | $115.82M | $78.51M | $54.51M | $35.69M |
| Gross Profit? | $495.66M | $410.22M | $324.27M | $239.61M | $159.52M | $95.68M | $60.68M |
| Gross Margin? | +67.1% | +69.1% | +68.7% | +67.4% | +67.0% | +63.7% | +63.0% |
| Operating Expenses? | $640.41M | $532.38M | $468.96M | $387.75M | $237.74M | $127.83M | $94.21M |
| Operating Income? | -$144.76M | -$122.16M | -$144.69M | -$148.14M | -$78.21M | -$32.15M | -$33.53M |
| EBITDA? | -$125.43M | -$112.04M | -$137.73M | -$143.52M | -$75.56M | -$30.56M | -$32.99M |
| Income Before Tax | -$128.16M | -$100.60M | -$128.47M | -$140.16M | -$78.33M | -$31.43M | -$31.36M |
| Income Tax Expense | $2.63M | $3.44M | $1.96M | $583,000 | -$165,000 | $537,000 | $452,000 |
| Net Income? | -$131.29M | -$103.74M | -$129.17M | -$138.97M | -$76.72M | -$31.97M | -$31.81M |
| EPS? | $-1.22 | $-1.02 | $-1.32 | $-1.47 | $-0.83 | $-0.35 | $-1.87 |
| Diluted EPS? | $-1.22 | $-1.02 | $-1.32 | $-1.47 | $-0.83 | $-0.35 | $-1.87 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality