Braze (BRZE) FCF Margin (2021 - 2026)
Braze's (BRZE) quarterly FCF Margin came in at 13.28% in Q2 2026, down 97.0% year-on-year from 442.62% in Q2 2025, and up 87.18% quarter-over-quarter from 7.09% in Q1 2026.
Braze (BRZE) FCF Margin (2021 - 2026) Analysis & Trends
Braze has disclosed FCF Margin across 6 years of filings, most recently posting 13.28% for Q2 2026.
- FCF Margin for Q2 2026 came in at 13.28%, down 97.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 8.48% (up 242.0% YoY), and the FY2026 annual result was 8.38%, up 284.0% from the prior year.
- FCF Margin came in at 13.28% for Q2 2026 at Braze, up from 7.09% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 22.73% in Q2 2022 to a low of 35.14% in Q1 2022.
- The 5-year median for FCF Margin is 3.11% (2024), against an average of 0.1%.
- Peak annual rise in FCF Margin reached 3172 bps in 2022, while the deepest fall reached 3557 bps in 2022.
- Braze's FCF Margin stood at 15.87% in 2022, then soared by 81 bps to 3.07% in 2023, then slumped by 186 bps to 8.77% in 2024, then surged by 208 bps to 9.47% in 2025, then jumped by 40 bps to 13.28% in 2026.
- The last three FCF Margin figures came in at 13.28% (Q2 2026), 7.09% (Q1 2026), and 9.47% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 15.02% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 58.89% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 20.82% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 41.64% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 36.83% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 31.84% |
| 10 | Braze | 2.34 Bn | 2.20 Bn | 138.66 Mn | 13.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 13.28% |
| Jan 31, 2026 | 7.09% |
| Oct 31, 2025 | 9.47% |
| Jul 31, 2025 | 3.41% |
| Apr 30, 2025 | 14.25% |
| Jan 31, 2025 | 15.85% |
| Oct 31, 2024 | -8.77% |
| Jul 31, 2024 | 1.67% |
| Apr 30, 2024 | 13.55% |
| Jan 31, 2024 | 2.81% |
| Oct 31, 2023 | -3.07% |
| Jul 31, 2023 | -16.61% |
| Apr 30, 2023 | 22.12% |
| Jan 31, 2023 | -14.93% |
| Oct 31, 2022 | -15.87% |
| Jul 31, 2022 | -30.02% |
| Apr 30, 2022 | 22.73% |
| Jan 31, 2022 | -35.14% |
| Oct 31, 2021 | -5.54% |
| Jul 31, 2021 | -8.72% |