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Braze, Inc. BRZE R2KAI

Technology · Software - Application · United States
https://www.braze.com

Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide. It offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, that allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; Braze Cloud Data Ingestion that offers direct connections to cloud services and data warehouses, marketing, product, and growth teams; Braze Currents to stream data in real time; and Snowflake Data Sharing to track and store data. It also provides segmentation that define reusable segments of consumers based upon attributes, events, or predictive propensity scores; segment insights, which allows customers to analyze how segments are performing relative to each other across a set of pre-selected key performance indicators; and predictive suite that allows customers to identify groups of consumers that are of critical business value. In addition, the company offers Canvas, an orchestration tool; campaigns, which allows customers; event and API triggering; marketing pressure management; and reporting and analytics, as well as content generation and quality assurance platform, content management, catalogs, templating language, connected content, and intelligent timing and channel products. Further, it provides decisioning studio; agent console; liquid assistant and AI copywriter; personalized variant; AI item recommendations; and MCP Servers. The company was formerly known as Appboy, Inc. and changed its name to Braze, Inc. in November 2017. Braze, Inc. was incorporated in 2011 and is headquartered in New York, New York.

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$25.63
-30.35% 1Y

Market & Price

Market Cap
$2.89B
Current Price
$25.63
High / Low (52W)
$36.80 / $15.79
Beta
0.77

Valuation

Stock P/E
-
Industry PE
32.74
Forward P/E
26.25
PEG Ratio
1.21
Book Value
$5.53
Price to Book
4.63
P/S
3.67
EV/EBITDA
-23.90
Dividend Yield
-

Profitability & Returns

ROCE
-20.88%
ROE
-22.81%
ROA
-7.58%
Profit Margin
-15.51%
Op Margin
-13.04%
EPS (Latest Qtr)
$-0.24
EPS (TTM)
$-1.12

Balance Sheet & Liquidity

Debt/Equity
0.14
Quick Ratio
1.16
Current Ratio
1.24
Debt
$81.46M
Total Assets
$1.11B
Current Assets
$567.93M
Working Capital
$147.51M

Ownership

Promoter Holding
15.77%
Chg in Prom Hold
-
FII / Inst Holding
82.90%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$2.58B
Total Revenue (TTM)
$787.12M
EBITDA
$-108.04M
Free Cash Flow
$186.54M
Operating Cash Flow
$75.42M
Shares Outstanding
112.63M
Gross Margin
66.46%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
27.59%
Profit 5Y
1.84%
Revenue (YoY)
30.20%
Earnings (YoY)
-

PROS

  • Compounding revenue at 27.6% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 30.4% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 BRZE Braze, Inc. R2KAI 25.63 - $2.89B - -20.88% -22.81% 27.59% 1.84%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
Ad space

Quarterly Results

Figures in USD.

Metric Oct 2020Apr 2021Jul 2021Oct 2021Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026
Revenue 39.33M47.88M55.76M63.97M77.50M86.13M93.12M101.78M115.11M123.96M135.46M145.50M152.05M160.40M162.06M180.11M190.84M205.17M211.00M
Cost of Revenue -------------49.31M50.86M58.22M62.63M70.82M72.34M
Gross Profit 24.90M32.07M37.00M44.79M51.59M58.78M63.99M69.09M79.63M87.58M90.91M102.08M106.14M111.09M111.20M121.89M128.21M134.35M138.66M
Operating Expenses -------------132.65M151.42M160.64M165.76M162.59M166.18M
Operating Income -8.79M-13.03M-12.15M-10.45M-39.65M-35.11M-36.86M-41.90M-35.37M-35.13M-40.08M-27.95M-32.57M-21.56M-40.22M-38.75M-37.55M-28.24M-27.51M
EBITDA --------------18.81M-37.62M-33.99M-31.56M-22.27M-21.23M
Interest Expense -------------------
Pretax Income --------------15.97M-34.57M-34.77M-34.14M-24.68M-24.06M
Tax Provision -------------1.09M1.07M-7.01M1.66M6.90M1.43M
Net Income -8.81M-12.83M-12.23M-8.72M-39.27M-32.89M-33.36M-38.45M-31.69M-30.74M-35.64M-23.00M-27.91M-17.19M-35.79M-27.90M-36.00M-31.60M-26.59M
Diluted EPS -0.47-0.65-0.60-0.42-0.42-0.35-0.35-0.40-0.33-0.31-0.35-0.23-0.27-0.17-0.34-0.26-0.33-0.29-0.24
R&D Expense 7.41M11.80M11.60M12.74M21.62M23.34M25.58M29.75M29.13M29.87M34.37M33.14M32.85M-36.80M41.25M44.07M--

Profit & Loss (Annual)

Figures in USD.

Metric Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Revenue 96.36M150.19M-355.43M471.80M593.41M738.18M
Cost of Revenue ---115.82M147.53M183.19M242.53M
Gross Profit 60.68M95.68M-239.61M324.27M410.22M495.66M
Operating Expenses ---387.75M468.96M532.38M640.41M
Operating Income -33.53M-32.15M--148.14M-144.69M-122.16M-144.76M
EBITDA ----143.52M-137.73M-112.04M-125.43M
Interest Expense --369.00K----
Pretax Income ----140.16M-128.47M-100.60M-128.16M
Tax Provision ---583.00K1.96M3.44M2.62M
Net Income -31.81M-31.75M--138.97M-129.17M-103.74M-131.29M
Diluted EPS -1.96-1.77--1.47-1.32-1.02-1.22
R&D Expense 20.34M29.21M59.03M97.29M119.86M133.97M167.14M

Compounded Sales Growth

5 Years:27.59%
1 Year:30.20%

Compounded Profit Growth

5 Years:1.84%
1 Year:-

Stock Price Performance

1 Year:-30.35%
6 Months:-9.50%
3 Months:+34.97%
1 Month:+12.96%

Balance Sheet (Annual)

Figures in USD.

Metric Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Total Assets --171.39M-705.41M810.94M871.00M1.11B
Current Assets ----583.17M601.12M644.03M567.93M
Cash & Equivalents --28.51M-68.59M68.23M83.06M124.34M
Inventory --------
Receivables ----78.34M92.26M95.23M122.35M
Total Liabilities --103.44M-258.65M366.52M396.25M489.60M
Current Liabilities --101.13M-217.30M289.44M324.48M420.41M
Long Term Debt --------
Total Debt ----51.28M90.61M87.44M82.65M
Total Equity -78.89M-86.88M-108.51M-445.30M444.23M474.86M623.77M
Shares Outstanding ----95.98M100.21M103.95M112.77M

Cash Flows (Annual)

Figures in USD.

Metric Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Operating Cash Flow -7.37M-6.08M--22.31M6.85M36.68M71.44M
Investing Cash Flow -87.23M22.47M--398.52M-19.98M-36.47M-50.91M
Financing Cash Flow 1.26M4.87M-11.33M13.11M11.70M22.96M
Capital Expenditure -1.72M-2.47M--16.70M-13.34M-17.05M-13.36M
Free Cash Flow -9.09M-8.55M--39.01M-6.49M19.63M58.07M
Net Change in Cash ----409.50M-17.00K11.90M43.49M
Share Buybacks 0204.00K00165.00K--

Ratios (Annual)

Figures in %.

Metric Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Gross Margin % 63.0%63.7%-67.4%68.7%69.1%67.1%
Operating Margin % -34.8%-21.4%--41.7%-30.7%-20.6%-19.6%
Net Margin % -33.0%-21.1%--39.1%-27.4%-17.5%-17.8%
ROE % 36.6%29.3%--31.2%-29.1%-21.8%-21.0%
ROCE % --45.8%--30.4%-27.7%-22.4%-20.9%

Shareholding Pattern

Insiders
15.77%
Institutions
82.90%
Public Float
98.42%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.04% 7.86M $201.57M
2 Vanguard Portfolio Management LLC 4.88% 5.46M $139.82M
3 FMR, LLC 4.21% 4.70M $120.52M
4 Battery Management Corp. 4.14% 4.63M $118.62M
5 Millennium Management Llc 3.92% 4.38M $112.37M
6 Westfield Capital Management Co LP 3.55% 3.97M $101.85M
7 Vanguard Capital Management LLC 3.52% 3.93M $100.74M
8 UBS Group AG 3.00% 3.36M $86.05M
9 Point72 Asset Management, L.P. 2.78% 3.11M $79.70M
10 Citadel Advisors Llc 2.15% 2.40M $61.63M

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