Braze (BRZE) Research & Development (2020 - 2026)
Braze's Research & Development came in at $45.28 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 9.8% from $41.25 million a year earlier but down 1.8% from the prior quarter.
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Analysis
Braze (BRZE) Research & Development (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Braze reported Research & Development of $180.47 million, up 24.9% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $167.14 million, up 24.8% from FY2025.
- Research & Development has increased in each of the last six fiscal years, with a five-year compound annual growth rate of 41.7% (FY2021 to FY2026).
- Going back by fiscal year, Research & Development was $133.97 million in FY2025 (+11.8%), $119.86 million in FY2024 (+23.2%), $97.29 million in FY2023 (+64.8%) and $59.03 million in FY2022 (+102.1%).
- The five-year range for quarterly Research & Development is $12.74 million (fiscal Q3 2022) to $46.1 million (fiscal Q1 2027).
- Year-over-year, Research & Development has increased for 20 consecutive quarters, with growth averaging 19.1% over the last eight quarters.
- Over the past five years, the year-over-year growth in Research & Development ranged from 7.1% (fiscal Q1 2026) to 153.3% (fiscal Q4 2022).
- Business Quant data shows BRZE's Research & Development at $46.1 million (Q1 2027), $45.03 million (Q4 2026) and $44.07 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 192.51 Mn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 2.40 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | -2.14 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 1.69 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 915.00 Mn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 265.90 Mn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 23.10 Mn |
| 10 | Braze | 2.63 Bn | 1.04 Bn | 151.86 Mn | 45.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 45.28 Mn |
| Apr 30, 2026 | 46.10 Mn |
| Jan 31, 2026 | 45.03 Mn |
| Oct 31, 2025 | 44.07 Mn |
| Jul 31, 2025 | 41.25 Mn |
| Apr 30, 2025 | 36.80 Mn |
| Jan 31, 2025 | 33.60 Mn |
| Oct 31, 2024 | 32.86 Mn |
| Jul 31, 2024 | 33.14 Mn |
| Apr 30, 2024 | 34.37 Mn |
| Jan 31, 2024 | 31.11 Mn |
| Oct 31, 2023 | 29.87 Mn |
| Jul 31, 2023 | 29.13 Mn |
| Apr 30, 2023 | 29.75 Mn |
| Jan 31, 2023 | 26.75 Mn |
| Oct 31, 2022 | 25.58 Mn |
| Jul 31, 2022 | 23.34 Mn |
| Apr 30, 2022 | 21.62 Mn |
| Jan 31, 2022 | 22.90 Mn |
| Oct 31, 2021 | 12.74 Mn |
API Access
Braze Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=BRZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BRZE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=BRZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();