Braze (BRZE) Net Margin (2020 - 2026)
Braze's (BRZE) quarterly Net Margin came in at 12.08% in Q2 2026, up 993.0% year-over-year from 1.11% in Q2 2025, and up 21.51% quarter-over-quarter from 15.39% in Q1 2026.
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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.
- In Q2 2026, Net Margin rose 993.0% year-over-year to 12.08%; the TTM figure through Apr 2026 stood at 15.33% (up 145.0% YoY), while the FY2026 annual figure 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.
- Average Net Margin over 5 years is 27.23%, with a median of 23.51% recorded in 2025.
- Year-over-year, Net Margin sank 3652 bps in 2022 and surged 2730 bps in 2023.
- Over 5 years, Net Margin stood at 36.38% in 2022, then jumped by 31 bps to 25.0% in 2023, then rose by 26 bps to 18.53% in 2024, then slipped by 1 bps to 18.78% in 2025, then jumped by 36 bps to 12.08% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 12.08% in Q2 2026, 15.39% in Q1 2026, and 18.78% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 7.10 Bn | 6.79 Bn | 261.77 Mn | 1.85% |
| 2 | Klaviyo | 5.52 Bn | 4.69 Bn | 269.10 Mn | -2.39% |
| 3 | Braze | 3.60 Bn | 3.21 Bn | 138.66 Mn | -12.08% |
| 4 | LiveRamp Holdings | 2.30 Bn | 1.92 Bn | 150.94 Mn | 8.19% |
| 5 | Sharplink | 865.57 Mn | 809.37 Mn | 11.27 Mn | -3,392.56% |
| 6 | Sprout Social | 688.23 Mn | 568.30 Mn | 96.09 Mn | -2.49% |
| 7 | Yext | 645.34 Mn | 558.52 Mn | 83.84 Mn | 11.79% |
| 8 | TechTarget | 292.93 Mn | 247.11 Mn | 64.48 Mn | -18.71% |
| 9 | Marchex | 69.04 Mn | 60.89 Mn | 6.60 Mn | -3.71% |
| 10 | Grandstand | 66.68 Mn | 57.88 Mn | 31.83 Mn | -12.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -12.08% |
| Jan 31, 2026 | -15.39% |
| Oct 31, 2025 | -18.78% |
| Jul 31, 2025 | -15.41% |
| Apr 30, 2025 | -22.01% |
| Jan 31, 2025 | -10.64% |
| Oct 31, 2024 | -18.53% |
| 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 | -34.26% |
| Oct 31, 2022 | -36.38% |
| Jul 31, 2022 | -38.79% |
| Apr 30, 2022 | -51.14% |
| Jan 31, 2022 | -61.56% |
| Oct 31, 2021 | -14.16% |
| Jul 31, 2021 | -22.68% |