Braze (BRZE) Net Margin (2020 - 2026)
Braze's (BRZE) quarterly Net Margin came in at 12.08% in Q2 2026, up 991.0% year-on-year from 1.11% in Q2 2025, and up 21.51% quarter-over-quarter from 15.39% in Q1 2026.
Braze (BRZE) Net Margin (2020 - 2026) Analysis & Trends
Braze has disclosed Net Margin across 7 years of filings, most recently posting 12.08% for Q2 2026.
- Net Margin for Q2 2026 came in at 12.08%, up 991.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 15.33% (up 144.0% YoY), and the FY2026 annual result was 17.72%, down 18.0% from the prior year.
- Net Margin came in at 12.08% for Q2 2026 at Braze, up from 15.39% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 10.64% in Q1 2025 to a low of 61.56% in Q1 2022.
- The 5-year median for Net Margin is 23.49% (2025), against an average of 27.22%.
- Across the five-year window, Net Margin slumped 3652 bps in 2022 and jumped 2734 bps in 2023, its largest moves.
- Braze's Net Margin stood at 36.39% in 2022, then surged by 31 bps to 24.99% in 2023, then grew by 26 bps to 18.5% in 2024, then decreased by 1 bps to 18.76% in 2025, then soared by 36 bps to 12.08% in 2026.
- The last three Net Margin figures came in at 12.08% (Q2 2026), 15.39% (Q1 2026), and 18.76% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Braze | 2.34 Bn | 2.20 Bn | 138.66 Mn | -12.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -12.08% |
| Jan 31, 2026 | -15.39% |
| Oct 31, 2025 | -18.76% |
| Jul 31, 2025 | -15.41% |
| Apr 30, 2025 | -21.99% |
| Jan 31, 2025 | -10.64% |
| Oct 31, 2024 | -18.50% |
| Jul 31, 2024 | -15.91% |
| Apr 30, 2024 | -26.36% |
| Jan 31, 2024 | -21.84% |
| Oct 31, 2023 | -24.99% |
| Jul 31, 2023 | -27.84% |
| Apr 30, 2023 | -38.15% |
| Jan 31, 2023 | -34.22% |
| Oct 31, 2022 | -36.39% |
| Jul 31, 2022 | -38.75% |
| Apr 30, 2022 | -51.14% |
| Jan 31, 2022 | -61.56% |
| Oct 31, 2021 | -14.17% |
| Jul 31, 2021 | -22.68% |