Braze (BRZE) FCF Margin (2021 - 2026)
Braze recorded quarterly FCF Margin of 9.12% in Q1 2026, down 15.85% quarter-over-quarter from 10.84% in Q4 2025, and down 104.0% year-over-year from 227.98% in Q1 2025.
Braze's FCF Margin history runs 6 years deep, the most recent figure standing at 9.12% for Q1 2026.
- In Q1 2026, FCF Margin fell 104.0% year-over-year to 9.12%; the TTM figure through Jan 2026 stood at 9.17% (up 363.0% YoY), while the FY2026 annual figure was 9.17%, up 363.0% from the prior year.
- FCF Margin came in at 9.12% for Q1 2026 at Braze, down from 10.84% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 21.32% in Q2 2023 to a low of 35.14% in Q1 2022.
- A 5-year average of 0.72% and a median of 2.88% in 2025 frame the typical range for FCF Margin.
- On a YoY basis, FCF Margin climbed as much as 2959 bps in 2022 and fell as far as 3092 bps in 2022.
- Braze's FCF Margin stood at 25.6% in 2022, then soared by 88 bps to 3.07% in 2023, then plunged by 164 bps to 8.11% in 2024, then soared by 234 bps to 10.84% in 2025, then dropped by 16 bps to 9.12% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 9.12%, 10.84%, and 2.88% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Braze | 2.63 Bn | 2.50 Bn | 134.35 Mn | 9.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 9.12% |
| Oct 31, 2025 | 10.84% |
| Jul 31, 2025 | 2.88% |
| Apr 30, 2025 | 14.25% |
| Jan 31, 2025 | 10.16% |
| Oct 31, 2024 | -8.11% |
| Jul 31, 2024 | 7.25% |
| Apr 30, 2024 | 13.55% |
| Jan 31, 2024 | -1.91% |
| Oct 31, 2023 | -3.07% |
| Jul 31, 2023 | -15.90% |
| Apr 30, 2023 | 21.32% |
| Jan 31, 2023 | -14.93% |
| Oct 31, 2022 | -25.60% |
| Jul 31, 2022 | -17.58% |
| Apr 30, 2022 | 20.60% |
| Jan 31, 2022 | -35.14% |
| Oct 31, 2021 | -4.88% |
| Jul 31, 2021 | -9.47% |
| Apr 30, 2021 | -8.99% |
| Jan 31, 2021 | -4.22% |