Braze Income 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
Revenue	693.41	593.41	471.8	355.43	238.04	150.19
Revenue Growth (YoY)	22.95%	25.78%	32.74%	49.32%	58.49%	55.86%
Cost of Revenue	221.02	183.19	147.53	115.82	78.51	54.51
Gross Profit	472.39	410.22	324.27	239.61	159.52	95.68
Selling, General & Admin	442.86	398.41	349.1	290.46	178.7	98.62
Research & Development	155.71	133.97	119.86	97.29	59.03	29.21
Operating Expenses	598.57	532.38	468.97	387.75	237.74	127.83
Operating Income	-126.18	-122.16	-144.69	-148.14	-78.21	-32.15
Interest & Investment Income	16.45	18.11	13.55	7.39	0.51	1.19
Currency Exchange Gain (Loss)	0.88	1.37	0.6	-0.75	-0.26	-0.12
EBT Excluding Unusual Items	-108.85	-102.68	-130.55	-141.5	-77.96	-31.09
Gain (Loss) on Sale of Investments	1.3	2.08	2.08	1.34	-0.37	-0.35
Pretax Income	-119.45	-100.6	-128.47	-140.16	-78.33	-31.43
Income Tax Expense	-3.18	3.45	1.96	0.58	-0.17	0.54
Earnings From Continuing Operations	-116.27	-104.05	-130.43	-140.75	-78.17	-31.97
Minority Interest in Earnings	-0.61	0.3	1.26	1.78	1.45	0.22
Net Income	-116.88	-103.74	-129.17	-138.97	-76.72	-31.75
Net Income to Common	-116.88	-103.74	-129.17	-138.97	-76.72	-31.75
Shares Outstanding (Basic)	106	102	98	95	35	18
Shares Outstanding (Diluted)	106	102	98	95	35	18
Shares Change (YoY)	4.95%	4.17%	3.73%	171.00%	94.17%	11.01%
EPS (Basic)	-1.10	-1.02	-1.32	-1.47	-2.20	-1.77
EPS (Diluted)	-1.10	-1.02	-1.32	-1.47	-2.20	-1.77
Free Cash Flow	63.29	23.45	-2.91	-37.76	-37.71	-8.55
Free Cash Flow Per Share	0.60	0.23	-0.03	-0.40	-1.08	-0.48
Gross Margin	68.13%	69.13%	68.73%	67.41%	67.02%	63.71%
Operating Margin	-18.20%	-20.59%	-30.67%	-41.68%	-32.86%	-21.41%
Profit Margin	-16.86%	-17.48%	-27.38%	-39.10%	-32.23%	-21.14%
Free Cash Flow Margin	9.13%	3.95%	-0.62%	-10.62%	-15.84%	-5.69%
EBITDA	-114.07	-115.24	-139.83	-145.22	-76.64	-31.06
EBITDA Margin	-16.45%	-19.42%	-29.64%	-40.86%	-32.20%	-20.68%
D&A For EBITDA	12.11	6.92	4.86	2.92	1.57	1.09
EBIT	-126.18	-122.16	-144.69	-148.14	-78.21	-32.15
EBIT Margin	-18.20%	-20.59%	-30.67%	-41.68%	-32.86%	-21.41%
Advertising Expenses	-	-	-	-	-	8.1

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q