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
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