Braze, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Revenue $96.4m $150.2m $238.0m $355.4m $471.8m $593.4m $738.2m
Cost of revenue $35.7m $54.5m $78.5m $115.8m $147.5m $183.2m $242.5m
Gross Profit $60.7m $95.7m $159.5m $239.6m $324.3m $410.2m $495.7m
Research and development $20.3m $29.2m $59.0m $97.3m $119.9m $134.0m $167.1m
Total operating expenses $94.2m $127.8m $237.7m $387.7m $469.0m $532.4m $640.4m
Sales and marketing $57.3m $70.7m $127.1m $201.7m $247.1m $282.3m $327.0m
General and administrative $16.5m $28.0m $51.6m $88.8m $102.0m $116.1m $146.3m
Loss from operations ($33.5m) ($32.2m) ($78.2m) ($148.1m) ($144.7m) ($122.2m) ($144.8m)
Other income, net $48k ($120k) ($258k) $8.0m $16.2m $21.6m $16.6m
Loss before provision for income taxes ($31.4m) ($31.4m) ($78.3m) ($140.2m) ($128.5m) ($100.6m) ($128.2m)
Provision for income taxes $452k $537k ($165k) $583k $2.0m $3.4m $2.6m
Net loss ($31.8m) ($32.0m) ($78.2m) ($140.7m) ($130.4m) ($104.0m) ($130.8m)
Net loss attributable to Braze, Inc. ($31.8m) ($31.8m) ($76.7m) ($139.0m) ($129.2m) ($103.7m) ($131.3m)
Net income (loss) attributable to redeemable non-controlling interest $0 ($217k) ($1.4m) ($1.8m) ($1.3m) ($304k) $501k
Net loss per share attributable to Braze, Inc. common stockholders, basic (in dollars per share) ($2) ($2) ($2) ($1) ($1) ($1) ($1)
Net loss per share attributable to Braze, Inc. common stockholders, diluted (in dollars per share) ($2) ($2) ($2) ($1) ($1) ($1) ($1)
Weighted-average shares used to compute net loss per share attributable to Braze, Inc. common stockholders, basic (in shares) ($2) ($2) ($2) ($1) ($1) ($1) ($1)
Weighted-average shares used to compute net loss per share attributable to Braze, Inc. common stockholders, diluted (in shares) ($2) ($2) ($2) ($1) ($1) ($1) ($1)