Superworth

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

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross 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%
FY2021n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating 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.

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.