← Braze, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $28.5m | $478.9m | $68.6m | $68.2m | $83.1m | $124.3m | |
| Restricted cash, current | $472k | $0 | $0 | $3.4m | $0 | $566k | |
| Accounts receivable, net of allowance of $1,934 and $2,563 at January 31, 2026 and January 31, 2025, respectively | $34.8m | $64.5m | $78.3m | $92.3m | $95.2m | $122.3m | |
| Prepaid expenses and other current assets | $12.2m | $29.6m | $26.2m | $29.4m | $35.3m | $33.1m | |
| Restricted cash, noncurrent | $4.0m | $4.0m | $4.0m | $530k | $530k | $3.4m | |
| Total current assets | $134.0m | $608.2m | $583.2m | $601.1m | $644.0m | $567.9m | |
| Property and equipment, net | $5.5m | $7.4m | $20.3m | $29.4m | $38.5m | $43.5m | |
| Goodwill | — | — | $0 | $28.4m | $28.4m | $261.9m | |
| Intangible assets, net | — | — | $500k | $3.7m | $3.1m | $61.5m | |
| Operating lease right-of-use assets | — | $0 | $46.3m | $81.2m | $76.1m | $72.0m | |
| Other assets | $480k | $5.0m | $3.1m | $3.0m | $3.4m | $2.8m | |
| Marketable securities | $58.0m | $35.2m | $410.1m | $407.9m | $430.5m | $287.6m | |
| Deferred contract costs | $27.4m | $41.7m | $48.5m | $63.7m | $76.8m | $100.7m | |
| Accrued expenses and other current liabilities | $25.9m | $31.6m | $37.4m | $63.3m | $64.2m | $95.0m | |
| Deferred revenue | $74.8m | $126.3m | $166.1m | $204.3m | $240.0m | $304.6m | |
| Operating lease liabilities, current | — | $0 | $10.7m | $15.6m | $18.2m | $19.3m | |
| Operating lease liabilities, noncurrent | — | $0 | $40.6m | $75.0m | $69.3m | $63.4m | |
| Redeemable non-controlling interest (Note 4) | $2.2m | $3.2m | $1.5m | $192k | ($112k) | $389k | |
| TOTAL STOCKHOLDERS’ EQUITY | ($108.5m) | $501.6m | $445.3m | $444.2m | $474.9m | $623.8m | |
| TOTAL ASSETS | $171.4m | $666.3m | $705.4m | $810.9m | $871.0m | $1.1b | |
| Accounts payable | $439k | $2.1m | $3.1m | $6.3m | $2.1m | $1.6m | |
| Total current liabilities | $101.1m | $160.0m | $217.3m | $289.4m | $324.5m | $420.4m | |
| Other long-term liabilities | $2.2m | $1.5m | $755k | $2.0m | $2.5m | $5.8m | |
| TOTAL LIABILITIES | $103.4m | $161.4m | $258.6m | $366.5m | $396.2m | $489.6m | |
| Common stock | $0 | $9k | $10k | $10k | $10k | $11k | |
| Additional paid-in capital | $29.8m | $717.2m | $806.0m | $928.5m | $1.1b | $1.3b | |
| Accumulated other comprehensive gain (loss) | ($42k) | ($640k) | ($6.8m) | ($1.2m) | ($926k) | $1.8m | |
| Accumulated deficit | ($138.2m) | ($215.0m) | ($353.9m) | ($483.1m) | ($586.8m) | ($718.1m) | |
| TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND STOCKHOLDERS’ EQUITY | $171.4m | $666.3m | $705.4m | $810.9m | $871.0m | $1.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.