Braze (BRZE) Operating Expenses (2020 - 2026)
Braze's (BRZE) quarterly Operating Expenses came in at $166.2 million in Q2 2026, up 9.74% year-on-year from $151.4 million in Q2 2025, and up 2.21% quarter-over-quarter from $162.6 million in Q1 2026.
Braze (BRZE) Operating Expenses (2020 - 2026) Analysis & Trends
Braze has disclosed Operating Expenses across 7 years of filings, most recently posting $166.2 million for Q2 2026.
- Operating Expenses for Q2 2026 came in at $166.2 million, up 9.74% year-over-year; the trailing twelve-month figure through Apr 2026 was $655.2 million (up 18.52% YoY), and the FY2026 annual result was $640.4 million, up 20.29% from the prior year.
- Operating Expenses came in at $166.2 million for Q2 2026 at Braze, up from $162.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $166.2 million in Q2 2026 to a low of $88.2 million in Q1 2022.
- The 5-year median for Operating Expenses is $126.4 million (2023), against an average of $126.9 million.
- Across the five-year window, Operating Expenses surged 131.2% in 2022 and gained 9.74% in 2026, its largest moves.
- Braze's Operating Expenses stood at $100.9 million in 2022, then rose by 21.68% to $122.7 million in 2023, then rose by 13.04% to $138.7 million in 2024, then climbed by 19.5% to $165.8 million in 2025, then rose by 0.25% to $166.2 million in 2026.
- The last three Operating Expenses figures came in at $166.2 million (Q2 2026), $162.6 million (Q1 2026), and $165.8 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | Braze | 2.34 Bn | 2.20 Bn | 138.66 Mn | 166.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 166.18 Mn |
| Jan 31, 2026 | 162.59 Mn |
| Oct 31, 2025 | 165.76 Mn |
| Jul 31, 2025 | 160.64 Mn |
| Apr 30, 2025 | 151.42 Mn |
| Jan 31, 2025 | 132.65 Mn |
| Oct 31, 2024 | 138.71 Mn |
| Jul 31, 2024 | 130.03 Mn |
| Apr 30, 2024 | 130.99 Mn |
| Jan 31, 2024 | 120.26 Mn |
| Oct 31, 2023 | 122.72 Mn |
| Jul 31, 2023 | 115.00 Mn |
| Apr 30, 2023 | 110.99 Mn |
| Jan 31, 2023 | 101.77 Mn |
| Oct 31, 2022 | 100.85 Mn |
| Jul 31, 2022 | 93.89 Mn |
| Apr 30, 2022 | 91.24 Mn |
| Jan 31, 2022 | 88.25 Mn |
| Oct 31, 2021 | 55.24 Mn |
| Jul 31, 2021 | 49.15 Mn |