Braze profit margin BRZE
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- −13.6%
- Operating margin, 12 months
- −13.4%
- Net margin on a year earlier
- +3.1 pts
- Peer median
- 10.7%
Over the twelve months to Jul 31, 2026, Braze kept −13.6% of its revenue as net profit, with an operating margin of −13.4% and a gross margin of 66.3%.
Five years earlier its net margin was −23.9%.
The median for 10 infrastructure software stocks of a similar size is 10.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | −17.8% | −19.6% | 67.1% |
| FY2025 | −17.5% | −20.6% | 69.1% |
| FY2024 | −27.4% | −30.7% | 68.7% |
| FY2023 | −39.1% | −41.7% | 67.4% |
| FY2022 | −32.2% | −32.9% | 67.0% |
| FY2021 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | −13.6% | +3.1 pts | −13.4% | |
| Q1 FY27 | −15.5% | +1.2 pts | −16.8% | |
| Q4 FY26 | −17.8% | −0.3 pts | −19.6% | |
| Q3 FY26 | −16.9% | +3.5 pts | −19.9% | |
| Q2 FY26 | −16.6% | +5.3 pts | −20.3% | |
| Q1 FY26 | −16.8% | +8.2 pts | −19.7% | |
| Q4 FY25 | −17.5% | +9.9 pts | −20.6% | |
| Q3 FY25 | −20.4% | +10.2 pts | −23.6% | |
| Q2 FY25 | −22.0% | +11.6 pts | −25.3% | |
| Q1 FY25 | −25.0% | +11.4 pts | −28.3% | |
| Q4 FY24 | −27.4% | +11.7 pts | −30.7% | |
| Q3 FY24 | −30.6% | +14.8 pts | −33.9% |
Against its peers
Companies in Software - Infrastructure nearest Braze's size, closest first, today.
| Company | Profit margin |
|---|---|
| BRZEBraze | −13.6% |
| BBBLACKBERRY | 13.1% |
| PSNParsons | 2.5% |
| WAYWaystar | 11.2% |
| ACIWACI Worldwide | 12.4% |
| WKWorkiva | 4.9% |
| BOXBox | 10.6% |
| CCCCCC Intelligent Solutions | 3.8% |
| SAICScience Applications International | 5.1% |
| YOUClear Secure | 14.8% |
| QTWOQ2 | 10.9% |
| Peer median | 10.7% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Braze
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.