Braze (BRZE) Net Margin (2020 - 2026)
Braze recorded quarterly Net Margin of 15.39% in Q1 2026, up 18.03% quarter-over-quarter from 18.78% in Q4 2025, and down 475.0% year-over-year from 4.1% in Q1 2025.
Braze's Net Margin history runs 7 years deep, the most recent figure standing at 15.39% for Q1 2026.
- In Q1 2026, Net Margin fell 475.0% year-over-year to 15.39%; the TTM figure through Jan 2026 stood at 17.72% (down 19.0% YoY), while the FY2026 annual figure was 17.72%, down 18.0% from the prior year.
- Net Margin came in at 15.39% for Q1 2026 at Braze, up from 18.78% 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 61.54% in Q1 2022.
- A 5-year average of 28.11% and a median of 25.0% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 3649 bps in 2022 and surged 2732 bps in 2023, its largest moves.
- Braze's Net Margin stood at 36.38% in 2022, then surged by 31 bps to 25.0% in 2023, then climbed by 26 bps to 18.5% in 2024, then slipped by 2 bps to 18.78% in 2025, then climbed by 18 bps to 15.39% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 15.39%, 18.78%, and 15.42% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Braze | 2.63 Bn | 2.50 Bn | 134.35 Mn | -15.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -15.39% |
| Oct 31, 2025 | -18.78% |
| Jul 31, 2025 | -15.42% |
| 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 | -21.82% |
| Oct 31, 2023 | -25.00% |
| Jul 31, 2023 | -27.84% |
| Apr 30, 2023 | -38.16% |
| Jan 31, 2023 | -34.22% |
| Oct 31, 2022 | -36.38% |
| Jul 31, 2022 | -38.74% |
| Apr 30, 2022 | -51.14% |
| Jan 31, 2022 | -61.54% |
| Oct 31, 2021 | -14.17% |
| Jul 31, 2021 | -22.68% |
| Apr 30, 2021 | -27.47% |
| Jan 31, 2021 | -25.05% |
| Oct 31, 2020 | -22.38% |