Braze BRZE
NASDAQ BRZE
$31.96 -1.29 (-3.88%)
At close: Sep 4, 2026 · 4:00 PM EDT

Braze (BRZE) Research & Development (2020 - 2026)

Braze's (BRZE) quarterly Research & Development came in at $89.2 million in Q2 2026, up 20.32% year-over-year from $74.1 million in Q2 2025, and up 9.18% quarter-over-quarter from $81.7 million in Q1 2026.

Analysis

Braze (BRZE) Research & Development (2020 - 2026) Analysis & Trends

Braze has disclosed Research & Development across 7 years of filings, most recently posting $89.2 million for Q2 2026.

  • In Q2 2026, Research & Development rose 20.32% year-over-year to $89.2 million; the TTM figure through Apr 2026 stood at $342.1 million (up 19.35% YoY), while the FY2026 annual figure was $327.0 million, up 15.83% from the prior year.
  • Research & Development came in at $89.2 million for Q2 2026 at Braze, up from $81.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $89.2 million in Q2 2026 to a low of $45.7 million in Q1 2022.
  • Average Research & Development over 5 years is $66.3 million, with a median of $67.5 million recorded in 2023.
  • Year-over-year, Research & Development jumped 123.46% in 2022 and advanced 6.16% in 2025.
  • Over 5 years, Research & Development stood at $52.8 million in 2022, then gained by 25.65% to $66.4 million in 2023, then gained by 12.45% to $74.7 million in 2024, then advanced by 18.67% to $88.6 million in 2025, then rose by 0.67% to $89.2 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $89.2 million in Q2 2026, $81.7 million in Q1 2026, and $88.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Zeta Global Holdings 7.10 Bn 6.79 Bn 261.77 Mn 104.04 Mn
2 Klaviyo 5.52 Bn 4.69 Bn 269.10 Mn 139.30 Mn
3 Braze 3.60 Bn 3.21 Bn 138.66 Mn 89.19 Mn
4 LiveRamp Holdings 2.30 Bn 1.92 Bn 150.94 Mn 51.93 Mn
5 Sharplink 865.57 Mn 809.37 Mn 11.27 Mn -
6 Sprout Social 688.23 Mn 568.30 Mn 96.09 Mn 47.42 Mn
7 Yext 645.34 Mn 558.52 Mn 83.84 Mn 26.31 Mn
8 TechTarget 292.93 Mn 247.11 Mn 64.48 Mn 29.67 Mn
9 Marchex 69.04 Mn 60.89 Mn 6.60 Mn 2.30 Mn
10 Grandstand 66.68 Mn 57.88 Mn 31.83 Mn -16.14 Mn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 89.19 Mn
Jan 31, 2026 81.69 Mn
Oct 31, 2025 88.60 Mn
Jul 31, 2025 82.60 Mn
Apr 30, 2025 74.13 Mn
Jan 31, 2025 69.26 Mn
Oct 31, 2024 74.66 Mn
Jul 31, 2024 68.57 Mn
Apr 30, 2024 69.83 Mn
Jan 31, 2024 63.05 Mn
Oct 31, 2023 66.40 Mn
Jul 31, 2023 60.42 Mn
Apr 30, 2023 57.26 Mn
Jan 31, 2023 52.79 Mn
Oct 31, 2022 52.84 Mn
Jul 31, 2022 50.01 Mn
Apr 30, 2022 46.04 Mn
Jan 31, 2022 45.73 Mn
Oct 31, 2021 29.57 Mn
Jul 31, 2021 27.49 Mn