← Russell 3000 cross-section

BRZE Braze, Inc.

Trailing twelve months to 2026-04-30 · as filed 2026-05-28, not restated
Technology

Scale

Market cap
$3.8bn
Revenue TTM
$787m
Net income TTM
$-122m
Free cash flow
$66m
Composite score
37.5
Sector rank
#1260

Valuation

P / E
EV / EBITDA
EV / sales
4.6
FCF yield
1.75%
Earnings yield vs 10-yr
-7.97pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-15.5%
EBITDA margin
-13.9%
ROE
-21.0%
ROIC
-30.3%
Revenue growth
26.9%

Insider activity, last 90 days

Net open-market
$-8.32m
Buyers
0
Sellers
3

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

We primarily generate revenue from the sale of subscriptions to customers for the use of our platform. We generated revenue of $211.0 million in the three months ended April 30, 2026, representing year-over-year growth of 30.2% from the three months ended April 30, 2025. Expanding Within Our Existing Customer Base We believe we can achieve significant growth by expanding sales within our existing customer base. The decline in our trailing 12-month dollar-based net retention rate was primarily due to customer turnover and renewals at lower subscription levels. …Braze, Inc., 10-Q, period ended 2026-04-30, filed 2026-05-28

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