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-over-year from $151.4 million in Q2 2025, and up 2.21% quarter-over-quarter from $162.6 million in Q1 2026.
Analysis
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.
- In Q2 2026, Operating Expenses rose 9.74% year-over-year to $166.2 million; the TTM figure through Apr 2026 stood at $655.2 million (up 18.52% YoY), while the FY2026 annual figure 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.
- Average Operating Expenses over 5 years is $126.9 million, with a median of $126.4 million recorded in 2023.
- Year-over-year, Operating Expenses soared 131.2% in 2022 and advanced 9.74% in 2026.
- Over 5 years, 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.
- Per Business Quant data, the three most recent Operating Expenses figures were $166.2 million in Q2 2026, $162.6 million in Q1 2026, and $165.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 7.10 Bn | 6.79 Bn | 261.77 Mn | 425.84 Mn |
| 2 | Klaviyo | 5.52 Bn | 4.69 Bn | 269.10 Mn | 284.07 Mn |
| 3 | Braze | 3.60 Bn | 3.21 Bn | 138.66 Mn | 166.18 Mn |
| 4 | LiveRamp Holdings | 2.30 Bn | 1.92 Bn | 150.94 Mn | 130.78 Mn |
| 5 | Sharplink | 865.57 Mn | 809.37 Mn | 11.27 Mn | 85.41 Mn |
| 6 | Sprout Social | 688.23 Mn | 568.30 Mn | 96.09 Mn | 98.76 Mn |
| 7 | Yext | 645.34 Mn | 558.52 Mn | 83.84 Mn | 66.27 Mn |
| 8 | TechTarget | 292.93 Mn | 247.11 Mn | 64.48 Mn | 86.56 Mn |
| 9 | Marchex | 69.04 Mn | 60.89 Mn | 6.60 Mn | 11.35 Mn |
| 10 | Grandstand | 66.68 Mn | 57.88 Mn | 31.83 Mn | -25.16 Mn |
Historic Data
Download Data
Historic 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 |