Companies /Technology

Braze Inc - Class A

NASDAQ: BRZE Software - Application
$33.42
▲ $0.48 (+1.46%) today
Markets open · 12:41pm ET

Q1 2027 Earnings

Reported May 27, 2026, 4:09pm ET · SEC source
$0.10
Miss −3.85%
EPS · est. $0.10
$211.0M
Beat +2.82%
Revenue · est. $205.2M
−6.1%
Trailing market
BRZE vs S&P since report
3 quarters
Consecutive EPS misses

Market Reaction

% change · around the report
−7%0+7%+14%May 27May 28report 4:09pm ETearnings+0.5%+4.4%
−7%0+7%+14%May 27May 28earnings+0.5%+4.4%
BRZE +4.4%S&P 500 +0.5%
−7%0+7%+14%May 27May 28report 4:09pm ETearnings+0.8%+4.4%
−7%0+7%+14%May 27May 28earnings+0.8%+4.4%
BRZE +4.4%NASDAQ +0.8%
0+10%+20%+30%May 26Jun 4report 4:09pm ETearnings+0.5%+8.0%
0+10%+20%+30%May 26Jun 4earnings+0.5%+8.0%
BRZE +8.0%S&P 500 +0.5%
0+10%+20%+30%May 26Jun 4report 4:09pm ETearnings+1.0%+8.0%
0+10%+20%+30%May 26Jun 4earnings+1.0%+8.0%
BRZE +8.0%NASDAQ +1.0%
−4.96%
Day of report
+9.72%
Next session
−0.94%
One week
−7.15%
30 days

S&P 500 over the same 30 days: −1.04%.

Did BRZE Beat Earnings? Q1 2027 Results

Braze delivered a mixed fiscal first-quarter 2027 report, posting revenue that cleared expectations while earnings came in just short of the mark. The customer engagement platform generated $211.00 million in revenue, a 30.2% year-over-year increase that topped the $205.20 million consensus estimate by 2.82%, extending what the company called its fourth consecutive quarter of organic revenue growth acceleration. Non-GAAP EPS of $0.10, however, fell short of the $0.10 consensus by 3.85%, with margin pressure tied in part to a sharp mix shift toward professional services, which more than doubled to $15.80 million and weighed on gross margins. Non-GAAP operating income still expanded meaningfully to $10.47 million from $2.84 million a year ago, and the customer base grew to 2,713 with dollar-based net retention improving to 110%. Bullish analyst sentiment around the stock has circulated recently, and Braze appeared to validate some of that optimism by raising full-year fiscal 2027 revenue guidance to $895.00 to $899.00 million, with non-GAAP EPS of $0.61 to $0.65.

Key Takeaways
  • Fourth straight quarter of organic revenue acceleration with 27% organic YoY growth
  • Strong demand for AI-powered customer engagement platform
  • New customers, upsells, and renewals driving 30.2% reported revenue growth
  • Dollar-based net retention improved to 110% from 109% YoY
  • Total customers grew to 2,713 from 2,342 YoY
  • Customers with ARR of $500K+ increased to 349 from 262 YoY

“We are off to a strong start in fiscal year 2027, delivering the fourth straight quarter of organic revenue acceleration, driven by strong demand for our AI-powered customer engagement platform. The strong market momentum we experienced at the end of fiscal year 2026 carried directly into this quarter.”

Braze CEO, on the earnings call

Forward Guidance & Outlook

For fiscal Q2 2027 (ending July 31, 2026), Braze expects revenue of $219.5–$220.5 million, non-GAAP operating income of $17.0–$18.0 million, non-GAAP net income of $17.0–$18.0 million, and non-GAAP diluted EPS of $0.15–$0.16 on approximately 114.0 million weighted average diluted shares. For full fiscal year 2027 (ending January 31, 2027), Braze updated guidance to revenue of $895.0–$899.0 million, non-GAAP operating income of $70.0–$74.0 million, non-GAAP net income of $70.0–$74.0 million, and non-GAAP diluted EPS of $0.61–$0.65 on approximately 114.0 million weighted average diluted shares.

BRZE YoY Financials

Q1 2027 vs Q1 2026 · SEC filings Q1 2026 Q1 2027
$0$70.0M$140.0M$210.0M$162.1M$211.0MRevenue$111.2M$138.7MGross Profit$-20,908,884$-27,514,000Operating Income$-21,156,019$-26,591,000Net Income
$0$70.0M$140.0M$210.0MRevenueGross ProfitOperating IncomeNet Income

BRZE Revenue by Segment

Subscription Revenue$195.2M+26.0%
Professional Services and Other$15.8M+119.4%

Figures from SEC filings and company reports. Not investment advice.