Braze (BRZE) Cost of Revenue (2020 - 2026)

Braze (BRZE) reported Cost of Revenue of $72.3 million for Q2 2026, up 42.23% on a YoY basis from $50.9 million in Q2 2025, and up 2.15% sequentially from $70.8 million in Q1 2026.

Braze (BRZE) Cost of Revenue (2020 - 2026) Analysis & Trends

Braze (BRZE) has 7 years of Cost of Revenue data on file, last reported at $72.3 million in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 42.23% year-over-year to $72.3 million; the trailing twelve-month figure through Apr 2026 stood at $264.0 million (up 39.32% YoY), and the FY2026 full-year result was $242.5 million, up 32.39% from the prior year.
  • Cost of Revenue improved to $72.3 million in Q2 2026, from $70.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $72.3 million in Q2 2026 to a low of $24.8 million in Q1 2022.
  • A 5-year average of $43.7 million and a median of $43.2 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue soared 63.89% in 2022 and advanced 14.16% in 2025, its largest moves.
  • Tracing BRZE's Cost of Revenue over 5 years: stood at $29.1 million in 2022, then grew by 24.85% to $36.4 million in 2023, then increased by 26.22% to $45.9 million in 2024, then jumped by 36.42% to $62.6 million in 2025, then climbed by 15.5% to $72.3 million in 2026.
  • Business Quant data shows BRZE's Cost of Revenue at $72.3 million in Q2 2026, $70.8 million in Q1 2026, and $62.6 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Braze 2.62 Bn 2.48 Bn 138.66 Mn 72.34 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 72.34 Mn
Apr 30, 2026 72.34 Mn
Jan 31, 2026 70.82 Mn
Jan 31, 2026 70.82 Mn
Oct 31, 2025 62.63 Mn
Oct 31, 2025 62.63 Mn
Jul 31, 2025 58.22 Mn
Jul 31, 2025 58.22 Mn
Apr 30, 2025 50.86 Mn
Apr 30, 2025 50.86 Mn
Jan 31, 2025 49.31 Mn
Jan 31, 2025 49.31 Mn
Oct 31, 2024 45.91 Mn
Oct 31, 2024 45.91 Mn
Jul 31, 2024 43.42 Mn
Jul 31, 2024 43.42 Mn
Apr 30, 2024 44.55 Mn
Apr 30, 2024 44.55 Mn
Jan 31, 2024 42.99 Mn
Jan 31, 2024 42.99 Mn