Jul 2026 (Q2 FY27) — Sep 8, 2026
Braze Q2 FY27 — Strong Revenue Growth and AI Adoption
Read the full callBraze (BRZE) earnings
- Jul 2026
- Jul 2026 (Q2 FY27)
- Jan 2026
Braze earnings: last reported Tue, 8 Sep 2026, for the quarter ended Jul 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 227 | +26.2% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | -8.0 | +13.5 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | -18.9 | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$30.04 +2.39% · +$0.7
Performance +14.9% 1Y
1Y: $26.14 on 17 Oct 2025 → $30.04. High $36.19 (10 Dec 2025), low $15.79 (23 Feb 2026).
- Previous close
- $29.34
- 52-week range
- $15.79 – $36.19
- One year
- +9.20%
Overview
- Symbol
- BRZE
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Call summaries
Apr 2026 (Q1 FY27) — May 27, 2026
Braze Q1 FY27 — Fourth straight quarter of revenue growth acceleration on AI product momentum
Read the full callEvery analysed call
Braze earnings calls (BRZE)
Financials
What the filings say
Net profit, year on year: +32% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 152 | 160 | 162 | 180 | 191 | 205 | 211 | 227 |
| Operating profit | -33 | -22 | -40 | -39 | -38 | -28 | -28 | -18 |
| Operating margin | −21.4% | −13.4% | −24.8% | −21.5% | −19.7% | −13.8% | −13.0% | −8.0% |
| Profit before tax | -27 | -16 | -35 | -35 | -34 | -25 | -24 | -16 |
| Tax rate | −3.1% | −6.8% | −3.1% | 20.1% | −4.9% | −28.0% | −5.9% | −15.7% |
| Net profit | -28 | -17 | -36 | -28 | -36 | -32 | -27 | -19 |
| EPS ($ per share) | -0.27 | — | -0.34 | -0.26 | -0.33 | — | -0.24 | -0.17 |
| Line item | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 0 | — | — | — | — | — |
| Reserves | — | -138 | -215 | -354 | -483 | -587 | -718 |
| Total liabilities | — | 103 | 161 | 259 | 367 | 396 | 490 |
| Fixed assets | — | 5 | 7 | 20 | 29 | 39 | 44 |
| Total assets | — | 171 | 666 | 705 | 811 | 871 | 1,114 |
| Line item | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -7 | -6 | -35 | -22 | 7 | 37 | 71 |
| Cash from investing | -87 | 22 | 18 | -399 | -20 | -36 | -51 |
| Cash from financing | 1 | 5 | 468 | 11 | 13 | 12 | 23 |
| Net cash flow | -93 | 21 | 450 | -410 | -0 | 11 | 45 |
| Capital expenditure | -2 | -2 | -2 | -15 | -10 | -13 | -10 |
| Free cash flow | -9 | -9 | -38 | -38 | -3 | 23 | 62 |
BRZE operating KPIs by quarter
| KPI | Apr 2026 Q1 FY27 | Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|
| Customers | 2,713Total customer count increased 16% year-over-year to 2,713 customers as of April 30, 2026, up 371 from the same period last year and up 104 from the prior quarter.Source: earnings call transcript | 2,789Total customer count increased 15% year-over-year to 2,789 customers as of July 31, 2026, up 367 from the same period last year and up 76% from the prior quarter.Source: earnings call transcript | +2.8% |
| Customers above an annual spend threshold $500K+ | 349Our total number of large customers, which we define as those spending at least $500,000 annually, grew 33% year-over-year to 349.Source: earnings call transcript | 361Our total number of large customers, we define as those spending at least $500,000 annually grew 28% year-over-year to 361.Source: earnings call transcript | +3.4% |
| Net revenue retention rate | 110%Measured across all customers, dollar-based net retention was 110%, an improvement of approximately 100 basis points sequentially, while dollar-based net retention for our large customers was 111%, also up approximately 100 basis points from the prior quarter.Source: earnings call transcript | 110%Measured across all customers, trailing 12-month dollar-based net retention was 110% and while trailing 12-month dollar-based net retention for our large customers was 112%, up from 111% in the prior quarter.Source: earnings call transcript | 0 pt |
| Net revenue retention rate Large customers ($500K+) | 111%Measured across all customers, dollar-based net retention was 110%, an improvement of approximately 100 basis points sequentially, while dollar-based net retention for our large customers was 111%, also up approximately 100 basis points from the prior quarter.Source: earnings call transcript | 112%Measured across all customers, trailing 12-month dollar-based net retention was 110% and while trailing 12-month dollar-based net retention for our large customers was 112%, up from 111% in the prior quarter.Source: earnings call transcript | +1 pt |
| Remaining performance obligation (RPO) | $1.1BIn the first quarter, our total remaining performance obligation was $1.1 billion, up 30% year-over-year and up 4% sequentially.Source: earnings call transcript | $1.1BIn the second quarter, our total remaining performance obligations was $1.1 billion, up 27% year-over-year.Source: earnings call transcript | 0% |
| Current remaining performance obligation (cRPO) | $670MCurrent RPO was $670 million, accelerating to 28% year-over-year from 27% in the prior quarter.Source: earnings call transcript | $691MCurrent RPO was $691 million, up 24% year-over-year.Source: earnings call transcript | +3.1% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
84 filings between Nov 18, 2025 and Aug 27, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$12.71M
38 sales by 7 insiders
95% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 18
- Award — granted as compensation
- 12
- Tax withheld — shares kept back by the company to cover tax
Also filed: 12 conversions, 4 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Hyman Jonathan | — | $5.02M | Aug 27, 2026 |
| Malik Astha | — | $3.37M | Aug 19, 2026 |
| Magnuson William | — | $1.16M | Feb 18, 2026 |
| Wiseman Susan | — | $1.15M | Apr 9, 2026 |
| McDonnell Edward M. | — | $932.9K | Aug 24, 2026 |
| Winkles Isabelle | — | $736.0K | Apr 6, 2026 |
| Malik Pankaj | — | $344.2K | Feb 18, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 27, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 9,320 | $308.7K |
| Aug 27, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 32,680 | $1.05M |
| Aug 24, 2026 | McDonnell Edward M. Chief Revenue Officer | Sale 10b5-1 plan | 5,805 | $184.3K |
| Aug 24, 2026 | McDonnell Edward M. Chief Revenue Officer | Sale 10b5-1 plan | 23,927 | $748.7K |
| Aug 24, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 10,000 | $310.4K |
| Aug 19, 2026 | Malik Astha Chief Business Officer | Sale 10b5-1 plan | 7,794 | $224.0K |
| Aug 19, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 200 | $6.2K |
| Aug 19, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 2,288 | $65.8K |
| Aug 19, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 6,925 | $210.3K |
| Aug 19, 2026 | Malik Astha Chief Business Officer | Sale 10b5-1 plan | 400 | $12.3K |
| Aug 19, 2026 | Malik Astha Chief Business Officer | Sale 10b5-1 plan | 7,530 | $228.6K |
| Aug 17, 2026 | McDonnell Edward M. Chief Revenue Officer | Tax withheld | 92,970 | $2.69M |
| Aug 17, 2026 | Magnuson William Chief Executive Officer | Tax withheld | 46,421 | $1.34M |
| Aug 17, 2026 | Malik Pankaj Chief Accounting Officer | Tax withheld | 2,121 | $61.4K |
| Aug 17, 2026 | Malik Astha Chief Business Officer | Tax withheld | 21,277 | $615.5K |
| Aug 17, 2026 | Hyman Jonathan Chief Technology Officer | Tax withheld | 15,784 | $456.6K |
| Aug 13, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 35,000 | $1.05M |
| Aug 10, 2026 | Malik Astha Chief Business Officer | Sale 10b5-1 plan | 33,656 | $930.6K |
| Aug 10, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 10,148 | $276.7K |
| Aug 7, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 17,895 | $483.7K |
| Jul 15, 2026 | Malik Astha Chief Business Officer | Sale 10b5-1 plan | 1,207 | $32.5K |
| Jul 15, 2026 | Malik Astha Chief Business Officer | Sale 10b5-1 plan | 50,233 | $1.33M |
| Jul 15, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 2,472 | $66.7K |
| Jul 14, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 26,811 | $680.7K |
| Jul 14, 2026 | Hyman Jonathan Chief Technology Officer | Sale 10b5-1 plan | 4,485 | $121.1K |
| Jun 30, 2026 | FERNANDEZ PHILLIP M Director | Award | 7,753 | $0 |
| Jun 30, 2026 | Machado Fernando Director | Award | 7,753 | $0 |
| Jun 30, 2026 | OBSTLER DAVID M Director | Award | 7,753 | $0 |
| Jun 30, 2026 | Levy Tara Walpert Director | Award | 7,753 | $0 |
| Jun 30, 2026 | Wassenaar Yvonne Director | Award | 7,753 | $0 |
| Jun 30, 2026 | Agrawal Neeraj Director | Award | 7,753 | $0 |
| Jun 24, 2026 | Hyman Jonathan Chief Technology Officer | Gift | 150,000 | $0 |
| Jun 24, 2026 | Hyman Jonathan Chief Technology Officer | Gift | 350,000 | $0 |
| Jun 24, 2026 | Hyman Jonathan Chief Technology Officer | Gift | 500,000 | $0 |
| Jun 5, 2026 | Agrawal Neeraj Director | Gift | 500,000 | $0 |
| May 29, 2026 | Lal Christopher M. General Counsel & Corp. Sec. | Award | 230,184 | $0 |
| May 15, 2026 | Magnuson William Chief Executive Officer | Tax withheld | 70,837 | $1.48M |
| May 15, 2026 | McDonnell Edward M. Chief Revenue Officer | Tax withheld | 4,376 | $91.3K |
| May 15, 2026 | Malik Astha Chief Business Officer | Tax withheld | 30,263 | $631.6K |
| May 15, 2026 | Hyman Jonathan Chief Technology Officer | Tax withheld | 21,402 | $446.7K |
| May 15, 2026 | Wiseman Susan General Counsel | Tax withheld | 10,951 | $228.5K |
| May 15, 2026 | Malik Pankaj Chief Accounting Officer | Tax withheld | 2,121 | $44.3K |
| May 15, 2026 | Winkles Isabelle Chief Financial Officer | Tax withheld | 33,309 | $695.2K |
| Apr 9, 2026 | Wiseman Susan General Counsel | Sale | 35,000 | $710.1K |
| Apr 6, 2026 | Winkles Isabelle Chief Financial Officer | Sale 10b5-1 plan | 8,274 | $192.9K |
| Mar 18, 2026 | Winkles Isabelle Chief Financial Officer | Award | 135,180 | $0 |
| Mar 18, 2026 | Winkles Isabelle Chief Financial Officer | Award | 84,484 | $0 |
| Mar 18, 2026 | Hyman Jonathan Chief Technology Officer | Award | 89,630 | $0 |
| Mar 18, 2026 | Hyman Jonathan Chief Technology Officer | Award | 56,066 | $0 |
| Mar 18, 2026 | Magnuson William Chief Executive Officer | Award | 293,870 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for Braze, Inc.
Free account. Everything above stays public.
Write why you follow Braze, Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading