📊 BRZE Key Takeaways
Investment Thesis
Braze demonstrates strong revenue growth (25.8% YoY) and healthy gross margins (67.8%), indicating solid demand and product-market fit in the SaaS sector. However, significant operating losses (-21.9% margin) and negative net income despite scale suggest the company has not yet achieved sustainable profitability, though positive free cash flow (47.3M) provides a financial cushion.
BRZE Strengths
- Strong revenue growth of 25.8% YoY with 67.8% gross margins indicating pricing power and efficient delivery
- Positive free cash flow of 47.3M despite operating losses, demonstrating underlying business unit economics
- Conservative balance sheet with no long-term debt, 1.36x current ratio, and 97.8M cash providing financial flexibility
- Improving EPS trajectory (+22.7% YoY improvement) showing path toward profitability
BRZE Risks
- Persistent operating losses at -116.5M annually with -21.9% operating margin despite revenue scale
- Negative net income of -99.7M suggests significant operating expenses (likely R&D and sales) are not yet justified by profitability
- Negative ROE (-16.6%) and ROA (-9.6%) indicate the company is currently destroying shareholder value
- 20 Form 4 filings in last 90 days may indicate elevated insider trading activity warranting investigation
Key Metrics to Watch
- Path to operating profitability and operating margin expansion trajectory
- Quarterly gross margin sustainability and customer retention rates
- Free cash flow generation relative to operating losses to assess runway
- Operating expense ratio and R&D spending efficiency metrics
BRZE Financial Metrics
💡 AI Analyst Insight
Braze, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
BRZE Profitability Ratios
BRZE vs Technology Sector
How Braze, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BRZE Balance Sheet & Liquidity
BRZE 5-Year Financial Trend
5-Year Trend Summary: Braze, Inc.'s revenue has grown significantly by 149% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.47 indicates the company is currently unprofitable.
BRZE Growth Metrics (YoY)
BRZE Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $152.1M | -$27.9M | $-0.27 |
| Q2 2026 | $145.5M | -$23.0M | $-0.23 |
| Q1 2026 | $135.5M | -$35.6M | $-0.34 |
| Q3 2025 | $124.0M | -$27.9M | $-0.27 |
| Q2 2025 | $115.1M | -$23.0M | $-0.23 |
| Q1 2025 | $101.8M | -$35.6M | $-0.35 |
| Q3 2024 | $93.1M | -$30.7M | $-0.31 |
| Q2 2024 | $86.1M | -$31.7M | $-0.33 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BRZE Capital Allocation
BRZE SEC Filings
Access official SEC EDGAR filings for Braze, Inc. (CIK: 0001676238)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 20, 2026 | 4 | xslF345X06/ownership.xml | View → |
| Mar 20, 2026 | 4 | xslF345X06/wk-form4_1774046038.xml | View → |
| Mar 20, 2026 | 4 | xslF345X06/wk-form4_1774046013.xml | View → |
| Mar 20, 2026 | 4 | xslF345X06/wk-form4_1774045992.xml | View → |
| Mar 20, 2026 | 4 | xslF345X06/wk-form4_1774045970.xml | View → |
❓ Frequently Asked Questions about BRZE
What is the AI rating for BRZE?
Braze, Inc. (BRZE) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BRZE's key strengths?
Strong revenue growth of 25.8% YoY with 67.8% gross margins indicating pricing power and efficient delivery. Positive free cash flow of 47.3M despite operating losses, demonstrating underlying business unit economics.
What are the risks of investing in BRZE?
Persistent operating losses at -116.5M annually with -21.9% operating margin despite revenue scale. Negative net income of -99.7M suggests significant operating expenses (likely R&D and sales) are not yet justified by profitability.
What is BRZE's revenue and growth?
Braze, Inc. reported revenue of $533.0M.
Does BRZE pay dividends?
Braze, Inc. does not currently pay dividends.
Where can I find BRZE SEC filings?
Official SEC filings for Braze, Inc. (CIK: 0001676238) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BRZE's EPS?
Braze, Inc. has a diluted EPS of $-0.93.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.