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
DateValue
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%