Braze (BRZE) Operating Margin (2020 - 2026)

Braze (BRZE) posted Operating Margin of 13.04% for Q2 2026, up 5.25% sequentially from 13.76% in Q1 2026, and up 1178.0% YoY from 1.02% in Q2 2025.

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

Braze has reported Operating Margin for 7 years, with the latest figure at 13.04% in Q2 2026.

Quarterly Operating Margin rose 1178.0% year-over-year to 13.04% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 16.78% (up 295.0% YoY) and the FY2026 annual result came in at 19.61%, up 98.0% from the prior year.
Operating Margin grew to 13.04% in Q2 2026 per BRZE's latest filing, from 13.76% in the prior quarter.
Over five years, Operating Margin peaked at 13.04% in Q2 2026 and troughed at 60.47% in Q1 2022.
A 5-year average of 29.46% and a median of 26.58% in 2023 frame the typical range for Operating Margin.
The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 3596 bps in 2022, then jumped 2345 bps in 2023.
Over 5 years, Operating Margin stood at 39.59% in 2022, then rose by 28 bps to 28.34% in 2023, then gained by 24 bps to 21.42% in 2024, then climbed by 8 bps to 19.67% in 2025, then jumped by 34 bps to 13.04% in 2026.
According to Business Quant data, Operating Margin over the past three periods registered 13.04%, 13.76%, and 19.67% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Operating Margin (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	27.70%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	13.62%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	21.08%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	13.32%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	4.06%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	-23.45%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	-33.33%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	33.82%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	46.97%
10	Braze	3.26 Bn	3.11 Bn	138.66 Mn	-13.04%

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