Braze, Inc. BRZE R2KAI
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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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
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
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
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).
| # | Name | CMP $ | P/E | Mkt Cap | Div 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% |
Quarterly Results
Figures in USD.
| Metric | Oct 2020 | Apr 2021 | Jul 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Oct 2023 | Apr 2024 | Jul 2024 | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 39.33M | 47.88M | 55.76M | 63.97M | 77.50M | 86.13M | 93.12M | 101.78M | 115.11M | 123.96M | 135.46M | 145.50M | 152.05M | 160.40M | 162.06M | 180.11M | 190.84M | 205.17M | 211.00M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 49.31M | 50.86M | 58.22M | 62.63M | 70.82M | 72.34M |
| Gross Profit | 24.90M | 32.07M | 37.00M | 44.79M | 51.59M | 58.78M | 63.99M | 69.09M | 79.63M | 87.58M | 90.91M | 102.08M | 106.14M | 111.09M | 111.20M | 121.89M | 128.21M | 134.35M | 138.66M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 132.65M | 151.42M | 160.64M | 165.76M | 162.59M | 166.18M |
| 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09M | 1.07M | -7.01M | 1.66M | 6.90M | 1.43M |
| 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 | 7.41M | 11.80M | 11.60M | 12.74M | 21.62M | 23.34M | 25.58M | 29.75M | 29.13M | 29.87M | 34.37M | 33.14M | 32.85M | - | 36.80M | 41.25M | 44.07M | - | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 96.36M | 150.19M | - | 355.43M | 471.80M | 593.41M | 738.18M |
| Cost of Revenue | - | - | - | 115.82M | 147.53M | 183.19M | 242.53M |
| Gross Profit | 60.68M | 95.68M | - | 239.61M | 324.27M | 410.22M | 495.66M |
| Operating Expenses | - | - | - | 387.75M | 468.96M | 532.38M | 640.41M |
| 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 | - | - | - | 583.00K | 1.96M | 3.44M | 2.62M |
| 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 | 20.34M | 29.21M | 59.03M | 97.29M | 119.86M | 133.97M | 167.14M |
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 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 171.39M | - | 705.41M | 810.94M | 871.00M | 1.11B |
| Current Assets | - | - | - | - | 583.17M | 601.12M | 644.03M | 567.93M |
| Cash & Equivalents | - | - | 28.51M | - | 68.59M | 68.23M | 83.06M | 124.34M |
| Inventory | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | 78.34M | 92.26M | 95.23M | 122.35M |
| Total Liabilities | - | - | 103.44M | - | 258.65M | 366.52M | 396.25M | 489.60M |
| Current Liabilities | - | - | 101.13M | - | 217.30M | 289.44M | 324.48M | 420.41M |
| Long Term Debt | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | 51.28M | 90.61M | 87.44M | 82.65M |
| Total Equity | -78.89M | -86.88M | -108.51M | - | 445.30M | 444.23M | 474.86M | 623.77M |
| Shares Outstanding | - | - | - | - | 95.98M | 100.21M | 103.95M | 112.77M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -7.37M | -6.08M | - | -22.31M | 6.85M | 36.68M | 71.44M |
| Investing Cash Flow | -87.23M | 22.47M | - | -398.52M | -19.98M | -36.47M | -50.91M |
| Financing Cash Flow | 1.26M | 4.87M | - | 11.33M | 13.11M | 11.70M | 22.96M |
| Capital Expenditure | -1.72M | -2.47M | - | -16.70M | -13.34M | -17.05M | -13.36M |
| Free Cash Flow | -9.09M | -8.55M | - | -39.01M | -6.49M | 19.63M | 58.07M |
| Net Change in Cash | - | - | - | -409.50M | -17.00K | 11.90M | 43.49M |
| Share Buybacks | 0 | 204.00K | 0 | 0 | 165.00K | - | - |
Ratios (Annual)
Figures in %.
| Metric | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 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
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 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 |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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