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

Braze's (BRZE) quarterly Research & Development came in at $46.1 million in Q2 2026, up 25.28% year-on-year from $36.8 million in Q2 2025, and up 2.38% quarter-over-quarter from $45.0 million in Q1 2026.

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

Braze has disclosed Research & Development across 7 years of filings, most recently posting $46.1 million for Q2 2026.

  • Research & Development for Q2 2026 came in at $46.1 million, up 25.28% year-over-year; the trailing twelve-month figure through Apr 2026 was $176.4 million (up 29.37% YoY), and the FY2026 annual result was $167.1 million, up 24.76% from the prior year.
  • Research & Development came in at $46.1 million for Q2 2026 at Braze, up from $45.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $46.1 million in Q2 2026 to a low of $21.6 million in Q2 2022.
  • The 5-year median for Research & Development is $32.0 million (2024), against an average of $32.6 million.
  • Across the five-year window, Research & Development surged 153.28% in 2022 and gained 7.05% in 2025, its largest moves.
  • Braze's Research & Development stood at $25.6 million in 2022, then grew by 16.77% to $29.9 million in 2023, then increased by 9.99% to $32.9 million in 2024, then soared by 34.13% to $44.1 million in 2025, then grew by 4.61% to $46.1 million in 2026.
  • The last three Research & Development figures came in at $46.1 million (Q2 2026), $45.0 million (Q1 2026), and $44.1 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -37.02 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 951.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 437.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 1.63 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 508.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 823.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 253.90 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 1.20 Bn
10 Braze 2.34 Bn 2.20 Bn 138.66 Mn 46.10 Mn

Historic Data

Download Data
DateValue
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
Jul 31, 2021 11.60 Mn