Braze (BRZE) FCF Margin (2021 - 2026)
Braze's (BRZE) quarterly FCF Margin came in at 12.75% in Q2 2026, down 150.0% year-over-year from 25.5% in Q2 2025, and up 40.22% quarter-over-quarter from 9.09% in Q1 2026.
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Braze (BRZE) FCF Margin (2021 - 2026) Analysis & Trends
Braze has disclosed FCF Margin across 6 years of filings, most recently posting 12.75% for Q2 2026.
- In Q2 2026, FCF Margin fell 150.0% year-over-year to 12.75%; the TTM figure through Apr 2026 stood at 8.34% (up 285.0% YoY), while the FY2026 annual figure was 8.38%, up 443.0% from the prior year.
- FCF Margin came in at 12.75% for Q2 2026 at Braze, up from 9.09% 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 35.86% in Q1 2022.
- Average FCF Margin over 5 years is 0.66%, with a median of 2.73% recorded in 2024.
- Year-over-year, FCF Margin slumped 3494 bps in 2022 and surged 3448 bps in 2023.
- Over 5 years, FCF Margin stood at 30.22% in 2022, then surged by 90 bps to 3.07% in 2023, then plunged by 186 bps to 8.77% in 2024, then soared by 223 bps to 10.77% in 2025, then gained by 18 bps to 12.75% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 12.75% in Q2 2026, 9.09% in Q1 2026, and 10.77% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 7.10 Bn | 6.79 Bn | 261.77 Mn | 14.10% |
| 2 | Klaviyo | 5.52 Bn | 4.69 Bn | 269.10 Mn | 23.56% |
| 3 | Braze | 3.60 Bn | 3.21 Bn | 138.66 Mn | 12.75% |
| 4 | LiveRamp Holdings | 2.30 Bn | 1.92 Bn | 150.94 Mn | 7.62% |
| 5 | Sharplink | 865.57 Mn | 809.37 Mn | 11.27 Mn | -201.73% |
| 6 | Sprout Social | 688.23 Mn | 568.30 Mn | 96.09 Mn | 6.34% |
| 7 | Yext | 645.34 Mn | 558.52 Mn | 83.84 Mn | 7.28% |
| 8 | TechTarget | 292.93 Mn | 247.11 Mn | 64.48 Mn | 1.15% |
| 9 | Marchex | 69.04 Mn | 60.89 Mn | 6.60 Mn | - |
| 10 | Grandstand | 66.68 Mn | 57.88 Mn | 31.83 Mn | 5.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 12.75% |
| Jan 31, 2026 | 9.09% |
| Oct 31, 2025 | 10.77% |
| Jul 31, 2025 | -0.25% |
| Apr 30, 2025 | 14.25% |
| Jan 31, 2025 | 9.97% |
| Oct 31, 2024 | -8.77% |
| Jul 31, 2024 | 5.71% |
| Apr 30, 2024 | 9.21% |
| Jan 31, 2024 | -1.91% |
| Oct 31, 2023 | -3.07% |
| Jul 31, 2023 | -15.90% |
| Apr 30, 2023 | 21.32% |
| Jan 31, 2023 | -1.39% |
| Oct 31, 2022 | -30.22% |
| Jul 31, 2022 | -28.10% |
| Apr 30, 2022 | 20.60% |
| Jan 31, 2022 | -35.86% |
| Oct 31, 2021 | -6.80% |
| Jul 31, 2021 | -8.63% |