Braze (BRZE) Net Margin (2020 - 2026)
Braze (BRZE) reported Net Margin of -8.30% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 7.19 percentage points from -15.49% a year earlier and up 4.31 percentage points from the prior quarter.
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Analysis
Braze (BRZE) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Braze's Net Margin came in at -13.55%, up 3.07 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was -17.79%, down 0.30 percentage points from FY2025.
- Net Margin has a five-year change of +3.36 percentage points (FY2021 to FY2026).
- By fiscal year, Net Margin came in at -17.48% in FY2025 (+9.89 pp), -27.38% in FY2024 (+11.72 pp), -39.10% in FY2023 (-6.87 pp) and -32.23% in FY2022 (-11.09 pp).
- The fiscal Q2 2027 figure ranks as the highest quarterly Net Margin in data going back to fiscal Q3 2021.
- Year over year, Net Margin gained in six of the last eight quarters, with an average year-over-year change of +4.17 percentage points.
- The high point for year-over-year Net Margin in five years was fiscal Q4 2023 (a gain of 27.06 percentage points); the low point was fiscal Q4 2022 (a drop of 36.40 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at -12.60% (Q1 2027), -15.40% (Q4 2026) and -18.86% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 54.86% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 24.19% |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 22.36% |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 31.08% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 7.47% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 17.88% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | -7,044.56% |
| 10 | Braze | 2.63 Bn | 1.04 Bn | 151.86 Mn | -8.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -8.30% |
| Apr 30, 2026 | -12.60% |
| Jan 31, 2026 | -15.40% |
| Oct 31, 2025 | -18.86% |
| Jul 31, 2025 | -15.49% |
| Apr 30, 2025 | -22.08% |
| Jan 31, 2025 | -10.72% |
| Oct 31, 2024 | -18.36% |
| Jul 31, 2024 | -15.81% |
| Apr 30, 2024 | -26.31% |
| Jan 31, 2024 | -21.59% |
| Oct 31, 2023 | -24.80% |
| Jul 31, 2023 | -27.53% |
| Apr 30, 2023 | -37.78% |
| Jan 31, 2023 | -33.90% |
| Oct 31, 2022 | -35.82% |
| Jul 31, 2022 | -38.18% |
| Apr 30, 2022 | -50.67% |
| Jan 31, 2022 | -60.96% |
| Oct 31, 2021 | -13.63% |
API Access
Braze Net 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=net-margin&ticker=BRZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=BRZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();