Braze (BRZE) Operating Expenses (2020 - 2026)

Braze (BRZE) posted Operating Expenses of $166.2 million for Q2 2026, up 2.21% sequentially from $162.6 million in Q1 2026, and up 9.74% YoY from $151.4 million in Q2 2025.

Braze (BRZE) Operating Expenses (2020 - 2026) Analysis & Trends

Braze has reported Operating Expenses for 7 years, with the latest figure at $166.2 million in Q2 2026.

  • Quarterly Operating Expenses rose 9.74% year-over-year to $166.2 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $655.2 million (up 18.52% YoY) and the FY2026 annual result came in at $640.4 million, up 20.29% from the prior year.
  • Operating Expenses rose to $166.2 million in Q2 2026 per BRZE's latest filing, from $162.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $166.2 million in Q2 2026 and troughed at $88.2 million in Q1 2022.
  • A 5-year average of $126.9 million and a median of $126.4 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses jumped 131.2% in 2022, then climbed 9.74% in 2026.
  • Over 5 years, Operating Expenses stood at $100.9 million in 2022, then advanced by 21.68% to $122.7 million in 2023, then advanced by 13.04% to $138.7 million in 2024, then increased by 19.5% to $165.8 million in 2025, then advanced by 0.25% to $166.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $166.2 million, $162.6 million, and $165.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -16.33 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 1.22 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 6.22 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 12.30 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 2.66 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 1.25 Bn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 4.34 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 3.67 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.54 Bn
10 Braze 3.26 Bn 3.11 Bn 138.66 Mn 166.18 Mn

Historic Data

Download Data
DateValue
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