Braze (BRZE) Research & Development (2020 - 2026)
Braze (BRZE) posted Research & Development of $89.2 million for Q2 2026, up 214.08% sequentially from -$78.2 million in Q1 2026, and up 20.32% YoY from $74.1 million in Q2 2025.
Braze (BRZE) Research & Development (2020 - 2026) Analysis & Trends
Braze has reported Research & Development for 7 years, with the latest figure at $89.2 million in Q2 2026.
- Quarterly Research & Development rose 20.32% year-over-year to $89.2 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $137.7 million (up 33.87% YoY) and the FY2026 annual result came in at $167.1 million, up 24.76% from the prior year.
- Research & Development rose to $89.2 million in Q2 2026 per BRZE's latest filing, from -$78.2 million in the prior quarter.
- Over five years, Research & Development peaked at $89.2 million in Q2 2026 and troughed at -$79.1 million in Q1 2025.
- A 5-year average of $36.7 million and a median of $45.1 million in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development surged 331.28% in 2022, then sank 354.18% in 2025.
- Over 5 years, Research & Development stood at $52.8 million in 2022, then tumbled by 43.47% to $29.9 million in 2023, then surged by 149.93% to $74.7 million in 2024, then plunged by 40.97% to $44.1 million in 2025, then jumped by 102.39% to $89.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $89.2 million, -$78.2 million, and $44.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Braze | 3.26 Bn | 3.11 Bn | 138.66 Mn | 89.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 89.19 Mn |
| Jan 31, 2026 | -78.18 Mn |
| Oct 31, 2025 | 44.07 Mn |
| Jul 31, 2025 | 82.60 Mn |
| Apr 30, 2025 | 74.13 Mn |
| Jan 31, 2025 | -79.09 Mn |
| Oct 31, 2024 | 74.66 Mn |
| Jul 31, 2024 | 33.14 Mn |
| Apr 30, 2024 | 69.83 Mn |
| Jan 31, 2024 | 31.11 Mn |
| Oct 31, 2023 | 29.87 Mn |
| Jul 31, 2023 | 60.42 Mn |
| Apr 30, 2023 | 29.75 Mn |
| Jan 31, 2023 | 26.75 Mn |
| Oct 31, 2022 | 52.84 Mn |
| Jul 31, 2022 | 50.01 Mn |
| Apr 30, 2022 | 46.04 Mn |
| Jan 31, 2022 | 22.90 Mn |
| Oct 31, 2021 | 29.57 Mn |
| Jul 31, 2021 | 11.60 Mn |