Braze (BRZE) Gross Margin (2020 - 2026)
Braze (BRZE) posted Gross Margin of 66.83% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 0.85 percentage points from 67.67% a year earlier but up 1.11 percentage points from the prior quarter.
Braze (BRZE) Gross Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Gross Margin at Braze was 66.30%, down 2.49 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 67.15%, down 1.98 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of +3.44 percentage points (FY2021 to FY2026).
- In prior fiscal years, Braze's Gross Margin was 69.13% in FY2025 (+0.40 pp), 68.73% in FY2024 (+1.32 pp), 67.41% in FY2023 (+0.40 pp) and 67.02% in FY2022 (+3.31 pp).
- Quarterly Gross Margin has run from a low of 64.83% in fiscal Q4 2022 to a high of 70.66% in fiscal Q3 2024 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last five quarters, with an average year-over-year change of -1.24 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q3 2022, with a gain of 6.72 percentage points; the weakest was fiscal Q4 2026, with a drop of 3.77 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 65.72% (Q1 2027), 65.48% (Q4 2026) and 67.18% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 84.66% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | - |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 73.17% |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 76.65% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 70.68% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 45.88% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 79.10% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 66.64% |
| 10 | Braze | 2.63 Bn | 1.04 Bn | 151.86 Mn | 66.83% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 66.83% |
| Apr 30, 2026 | 65.72% |
| Jan 31, 2026 | 65.48% |
| Oct 31, 2025 | 67.18% |
| Jul 31, 2025 | 67.67% |
| Apr 30, 2025 | 68.62% |
| Jan 31, 2025 | 69.26% |
| Oct 31, 2024 | 69.81% |
| Jul 31, 2024 | 70.16% |
| Apr 30, 2024 | 67.11% |
| Jan 31, 2024 | 67.17% |
| Oct 31, 2023 | 70.66% |
| Jul 31, 2023 | 69.18% |
| Apr 30, 2023 | 67.88% |
| Jan 31, 2023 | 66.13% |
| Oct 31, 2022 | 68.71% |
| Jul 31, 2022 | 68.24% |
| Apr 30, 2022 | 66.57% |
| Jan 31, 2022 | 64.83% |
| Oct 31, 2021 | 70.03% |
Braze Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BRZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BRZE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BRZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();