Braze Cash Flow Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Net Income	-116.88	-103.74	-129.17	-138.97	-76.72	-31.75
Depreciation & Amortization	12.11	6.92	4.86	2.92	1.57	1.09
Other Amortization	42.94	38.21	31.89	25.34	18.91	11.12
Asset Writedown & Restructuring Costs	0.09	0.49	0.15	0.03	-	-
Loss (Gain) From Sale of Investments	-1.3	-2.08	-2.08	1.34	0.37	0.35
Stock-Based Compensation	133.98	115.14	97.23	72.24	47.18	7.54
Provision & Write-off of Bad Debts	0.82	2.33	2.02	0.81	0.09	0.85
Other Operating Activities	3.58	2.06	0.89	4.55	-1.14	0.07
Change in Accounts Receivable	4.36	-5.36	-14.01	-14.65	-29.82	-12.35
Change in Accounts Payable	0.77	-3.91	3.42	0.91	1.65	-0.78
Change in Unearned Revenue	40.33	35.89	34.11	39.89	51.47	23.38
Change in Other Net Operating Assets	-51.67	-49.26	-22.47	-16.72	-48.96	-5.59
Operating Cash Flow	69.15	36.68	6.85	-22.31	-35.4	-6.08
Operating Cash Flow Growth	195.27%	435.47%	-	-	-	-
Capital Expenditures	-5.86	-13.23	-9.76	-15.45	-2.31	-2.47
Cash Acquisitions	-181.89	-	-16.32	-	-	-
Sale (Purchase) of Intangibles	-3.9	-3.81	-3.57	-1.26	-2.07	-1.89
Investment in Securities	147.36	-19.42	9.68	-381.81	22.42	26.82
Investing Cash Flow	-44.29	-36.47	-19.98	-398.52	18.04	22.47
Issuance of Common Stock	15.34	14.61	13.27	11.33	470.62	2.81
Repurchase of Common Stock	-	-	-	-	-0.01	-0.21
Other Financing Activities	-	-2.92	-0.17	-	-2.71	2.27
Financing Cash Flow	15.34	11.7	13.11	11.33	467.91	4.87
Foreign Exchange Rate Adjustments	-0.23	-0.44	-0.48	-0.86	-0.6	0.16
Net Cash Flow	39.97	11.46	-0.49	-410.35	449.96	21.42
Free Cash Flow	63.29	23.45	-2.91	-37.76	-37.71	-8.55
Free Cash Flow Margin	9.13%	3.95%	-0.62%	-10.62%	-15.84%	-5.69%
Free Cash Flow Per Share	0.60	0.23	-0.03	-0.40	-1.08	-0.48
Cash Income Tax Paid	3.8	2.95	0.31	0.37	0.3	0.47
Levered Free Cash Flow	165.2	93.82	76.97	27.44	26.59	19.73
Unlevered Free Cash Flow	165.2	93.82	76.97	27.44	26.59	19.73
Change in Working Capital	-6.2	-22.65	1.05	9.43	-25.66	4.66

Source: S&P Global Market Intelligence. Standard template. Financial Sources.