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

Braze has disclosed Cost of Revenue across 7 years of filings, most recently posting $72.3 million for Q2 2026.

• In Q2 2026, Cost of Revenue rose 42.23% year-over-year to $72.3 million; the TTM figure through Apr 2026 stood at $264.0 million (up 39.32% YoY), while the FY2026 annual figure was $242.5 million, up 32.39% from the prior year.
• Cost of Revenue came in at $72.3 million for Q2 2026 at Braze, up 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.
• Average Cost of Revenue over 5 years is $43.7 million, with a median of $43.2 million recorded in 2024.
• Year-over-year, Cost of Revenue jumped 63.89% in 2022 and climbed 14.16% in 2025.
• Over 5 years, Cost of Revenue stood at $29.1 million in 2022, then increased by 24.85% to $36.4 million in 2023, then rose by 26.22% to $45.9 million in 2024, then surged by 36.42% to $62.6 million in 2025, then grew by 15.5% to $72.3 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $72.3 million in Q2 2026, $70.8 million in Q1 2026, and $62.6 million in Q4 2025.