Braze (BRZE) EBITDA Margin (2020 - 2026)
Braze's (BRZE) quarterly EBITDA Margin came in at 13.04% in Q2 2026, up 1178.0% year-on-year from 1.02% in Q2 2025, and up 5.25% quarter-over-quarter from 13.76% in Q1 2026.
Braze (BRZE) EBITDA Margin (2020 - 2026) Analysis & Trends
Braze has disclosed EBITDA Margin across 7 years of filings, most recently posting 13.04% for Q2 2026.
- EBITDA Margin for Q2 2026 came in at 13.04%, up 1178.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 16.78% (up 295.0% YoY), and the FY2026 annual result was 19.61%, up 98.0% from the prior year.
- EBITDA Margin came in at 13.04% for Q2 2026 at Braze, up from 13.76% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 13.04% in Q2 2026 to a low of 60.47% in Q1 2022.
- The 5-year median for EBITDA Margin is 26.58% (2023), against an average of 29.46%.
- Across the five-year window, EBITDA Margin tumbled 3596 bps in 2022 and surged 2345 bps in 2023, its largest moves.
- Braze's EBITDA Margin stood at 39.59% in 2022, then grew by 28 bps to 28.34% in 2023, then increased by 24 bps to 21.42% in 2024, then gained by 8 bps to 19.67% in 2025, then surged by 34 bps to 13.04% in 2026.
- The last three EBITDA Margin figures came in at 13.04% (Q2 2026), 13.76% (Q1 2026), and 19.67% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.49% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 21.08% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.26% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.12% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -22.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Braze | 2.34 Bn | 2.20 Bn | 138.66 Mn | -13.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -13.04% |
| Jan 31, 2026 | -13.76% |
| Oct 31, 2025 | -19.67% |
| Jul 31, 2025 | -21.52% |
| Apr 30, 2025 | -24.82% |
| Jan 31, 2025 | -13.44% |
| Oct 31, 2024 | -21.42% |
| Jul 31, 2024 | -19.21% |
| Apr 30, 2024 | -29.59% |
| Jan 31, 2024 | -24.66% |
| Oct 31, 2023 | -28.34% |
| Jul 31, 2023 | -30.73% |
| Apr 30, 2023 | -41.16% |
| Jan 31, 2023 | -37.01% |
| Oct 31, 2022 | -39.59% |
| Jul 31, 2022 | -40.76% |
| Apr 30, 2022 | -51.16% |
| Jan 31, 2022 | -60.47% |
| Oct 31, 2021 | -16.33% |
| Jul 31, 2021 | -21.79% |