Growth Metrics

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

Braze recorded quarterly Research & Development of $45.0 million in Q1 2026, up 2.18% quarter-over-quarter from $44.1 million in Q4 2025, and up 34.01% year-over-year from $33.6 million in Q1 2025.

Braze's Research & Development history runs 7 years deep, the most recent figure standing at $45.0 million for Q1 2026.

  • In Q1 2026, Research & Development rose 34.01% year-over-year to $45.0 million; the TTM figure through Jan 2026 stood at $167.1 million (up 24.76% YoY), while the FY2026 annual figure was $167.1 million, up 24.76% from the prior year.
  • Research & Development came in at $45.0 million for Q1 2026 at Braze, up from $44.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $45.0 million in Q1 2026 to a low of $21.6 million in Q2 2022.
  • A 5-year average of $31.8 million and a median of $31.1 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development soared 153.28% in 2022 and advanced 7.05% in 2025, its largest moves.
  • Braze's Research & Development stood at $25.6 million in 2022, then increased by 16.77% to $29.9 million in 2023, then rose by 9.99% to $32.9 million in 2024, then jumped by 34.13% to $44.1 million in 2025, then grew by 2.18% to $45.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $45.0 million, $44.1 million, and $41.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -1.99 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.62 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 951.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 437.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 823.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 508.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.11 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 253.90 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 840.00 Mn
10 Braze 2.63 Bn 2.50 Bn 134.35 Mn 45.03 Mn

Historic Data

Download Data 🔒
DateValue
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
Jul 31, 2021 11.60 Mn
Apr 30, 2021 11.80 Mn
Jan 31, 2021 9.04 Mn
Oct 31, 2020 7.41 Mn