Growth Metrics

Braze (BRZE) EBITDA (2020 - 2026)

Braze recorded quarterly EBITDA of -$28.2 million in Q1 2026, up 24.79% quarter-over-quarter from -$37.5 million in Q4 2025, and down 30.98% year-over-year from -$40.9 million in Q1 2025.

Braze's EBITDA history runs 7 years deep, the most recent figure standing at -$28.2 million for Q1 2026.

  • In Q1 2026, EBITDA fell 30.98% year-over-year to -$28.2 million; the TTM figure through Jan 2026 stood at -$144.8 million (down 18.5% YoY), while the FY2026 annual figure was -$144.8 million, down 18.5% from the prior year.
  • EBITDA came in at -$28.2 million for Q1 2026 at Braze, up from -$37.5 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$21.6 million in Q1 2025 to a low of -$42.6 million in Q1 2022.
  • A 5-year average of -$35.4 million and a median of -$36.5 million in 2023 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA tumbled 304.91% in 2022 and surged 33.24% in 2025, its largest moves.
  • Braze's EBITDA stood at -$36.9 million in 2022, then climbed by 4.7% to -$35.1 million in 2023, then climbed by 7.3% to -$32.6 million in 2024, then declined by 15.27% to -$37.5 million in 2025, then gained by 24.79% to -$28.2 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$28.2 million, -$37.5 million, and -$38.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 3.21 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.87 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 1.92 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -586.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 457.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 431.33 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 2.42 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn -1.37 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.02 Bn
10 Braze 2.63 Bn 2.50 Bn 134.35 Mn -28.24 Mn

Historic Data

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DateValue
Jan 31, 2026 -28.24 Mn
Oct 31, 2025 -37.55 Mn
Jul 31, 2025 -38.75 Mn
Apr 30, 2025 -40.22 Mn
Jan 31, 2025 -21.56 Mn
Oct 31, 2024 -32.57 Mn
Jul 31, 2024 -27.95 Mn
Apr 30, 2024 -40.08 Mn
Jan 31, 2024 -32.29 Mn
Oct 31, 2023 -35.13 Mn
Jul 31, 2023 -35.37 Mn
Apr 30, 2023 -41.90 Mn
Jan 31, 2023 -36.52 Mn
Oct 31, 2022 -36.86 Mn
Jul 31, 2022 -35.11 Mn
Apr 30, 2022 -39.65 Mn
Jan 31, 2022 -42.59 Mn
Oct 31, 2021 -10.45 Mn
Jul 31, 2021 -12.15 Mn
Apr 30, 2021 -13.03 Mn
Jan 31, 2021 -10.52 Mn
Oct 31, 2020 -8.79 Mn