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| Date | Value |
|---|---|
| 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 |