Braze (BRZE) Tax Rate (2020 - 2026)
Braze recorded quarterly Tax Rate of 27.96% in Q1 2026, down 461.52% quarter-over-quarter from 4.98% in Q4 2025, and down 2111.0% year-over-year from 1.39% in Q1 2025.
Braze's Tax Rate history runs 7 years deep, the most recent figure standing at 27.96% for Q1 2026.
- In Q1 2026, Tax Rate fell 2111.0% year-over-year to 27.96%; the TTM figure through Jan 2026 stood at 2.08% (up 134.0% YoY), while the FY2026 annual figure was 2.05%, up 138.0% from the prior year.
- Tax Rate came in at 27.96% for Q1 2026 at Braze, down from 4.98% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 20.13% in Q3 2025 to a low of 27.96% in Q1 2026.
- A 5-year average of 2.46% and a median of 2.29% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 2325 bps in 2025 and sank 2111 bps in 2026, its largest moves.
- Braze's Tax Rate stood at 1.17% in 2022, then plunged by 212 bps to 1.31% in 2023, then sank by 139 bps to 3.12% in 2024, then tumbled by 60 bps to 4.98% in 2025, then sank by 462 bps to 27.96% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 27.96%, 4.98%, and 20.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Braze | 2.63 Bn | 2.50 Bn | 134.35 Mn | -27.96 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -27.96 |
| Jan 31, 2026 | -27.96 |
| Oct 31, 2025 | -4.98 |
| Oct 31, 2025 | -4.98 |
| Jul 31, 2025 | 20.13 |
| Jul 31, 2025 | 20.13 |
| Apr 30, 2025 | -3.10 |
| Apr 30, 2025 | -3.10 |
| Jan 31, 2025 | -6.85 |
| Jan 31, 2025 | -6.85 |
| Oct 31, 2024 | -3.12 |
| Oct 31, 2024 | -3.12 |
| Jul 31, 2024 | -3.12 |
| Jul 31, 2024 | -3.12 |
| Apr 30, 2024 | -2.29 |
| Apr 30, 2024 | -2.29 |
| Jan 31, 2024 | -2.29 |
| Jan 31, 2024 | -2.29 |
| Oct 31, 2023 | -1.31 |
| Oct 31, 2023 | -1.31 |
| Jul 31, 2023 | -1.73 |
| Jul 31, 2023 | -1.73 |
| Apr 30, 2023 | -1.04 |
| Apr 30, 2023 | -1.04 |
| Jan 31, 2023 | -2.69 |
| Jan 31, 2023 | -2.69 |
| Oct 31, 2022 | 1.17 |
| Oct 31, 2022 | 1.17 |
| Jul 31, 2022 | 0.04 |
| Jul 31, 2022 | 0.04 |
| Apr 30, 2022 | -0.04 |
| Apr 30, 2022 | -0.04 |
| Jan 31, 2022 | -2.65 |
| Jan 31, 2022 | -2.65 |
| Oct 31, 2021 | 15.00 |
| Oct 31, 2021 | 15.00 |
| Jul 31, 2021 | -1.61 |
| Jul 31, 2021 | -1.61 |
| Apr 30, 2021 | -1.23 |
| Apr 30, 2021 | -1.23 |
| Jan 31, 2021 | -1.86 |
| Jan 31, 2021 | -1.86 |
| Oct 31, 2020 | -1.15 |
| Oct 31, 2020 | -1.15 |