Braze (BRZE) Gross Margin (2020 - 2026)

Braze has disclosed Gross Margin across 7 years of filings, most recently posting 65.72% for Q2 2026.

• In Q2 2026, Gross Margin fell 290.0% year-over-year to 65.72%; the TTM figure through Apr 2026 stood at 66.46% (down 298.0% YoY), while the FY2026 annual figure was 67.15%, down 198.0% from the prior year.
• Gross Margin came in at 65.72% for Q2 2026 at Braze, roughly flat from 65.48% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 70.66% in Q4 2023 to a low of 64.83% in Q1 2022.
• Average Gross Margin over 5 years is 67.8%, with a median of 67.78% recorded in 2023.
• Year-over-year, Gross Margin surged 209 bps in 2025 and tumbled 377 bps in 2026.
• Over 5 years, Gross Margin stood at 68.71% in 2022, then climbed by 3 bps to 70.66% in 2023, then declined by 1 bps to 69.81% in 2024, then declined by 4 bps to 67.18% in 2025, then retreated by 2 bps to 65.72% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 65.72% in Q2 2026, 65.48% in Q1 2026, and 67.18% in Q4 2025.