Companies /Technology

Braze Inc - Class A

NASDAQ: BRZE Software - Application
$24.67
▼ $1.20 (−4.64%) today
Markets closed · 10:55pm ET

Q2 2027 Earnings

Reported Sep 8, 2026, 4:07pm ET · SEC source
$0.19
Beat +22.42%
EPS · est. $0.16 Adjusted
$227.2M
Beat +3.17%
Revenue · est. $220.3M
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
−14%−7%0+7%Sep 8Sep 9report 4:07pm ETearnings−0.3%−15.3%
−14%−7%0+7%Sep 8Sep 9earnings−0.3%−15.3%
BRZE −15.3%S&P 500 −0.3%
−16%−8%0+8%Sep 8Sep 9report 4:07pm ETearnings−0.2%−15.3%
−16%−8%0+8%Sep 8Sep 9earnings−0.2%−15.3%
BRZE −15.3%NASDAQ −0.2%
−10%0+10%Sep 8Sep 16report 4:07pm ETearnings−1.5%−8.4%
−10%0+10%Sep 8Sep 16earnings−1.5%−8.4%
BRZE −8.4%S&P 500 −1.5%
−10%0+10%Sep 8Sep 16report 4:07pm ETearnings−1.8%−8.4%
−10%0+10%Sep 8Sep 16earnings−1.8%−8.4%
BRZE −8.4%NASDAQ −1.8%
−21.73%
Day of report
+2.28%
Next session
+4.83%
One week

Did BRZE Beat Earnings? Q2 2027 Results

Braze posted a strong fiscal second quarter for 2027, beating Wall Street expectations on both the top and bottom lines as accelerating operating leverage and healthy customer expansion drove results ahead of consensus. The customer engagement platform reported revenue of $227.23 million, a 26.2% year-over-year increase that cleared the $220.26 million analyst estimate by 3.17%, while adjusted non-GAAP diluted EPS of $0.19 beat the $0.16 consensus by 22.42%, reflecting a non-GAAP operating margin that widened to 9.7% from just 3.4% a year ago. A key engine behind the beat was subscription revenue growth to $207.70 million, alongside an expanding roster of large customers, with accounts generating at least $500,000 in ARR growing to 361 from 282 a year prior. Dollar-based net retention improved to 110%, underscoring healthy spend expansion within the existing base. Looking ahead, Braze guided full-year fiscal 2027 revenue to $910.00 to $913.00 million with non-GAAP EPS of $0.64 to $0.65, signaling continued confidence in its trajectory even as several insiders executed pre-arranged share sales near the quarter's close.

Key Takeaways
  • 26.2% year-over-year revenue growth driven by new customers, upsells and renewals
  • Dollar-based net retention rate improved to 110% from 108% year-over-year
  • Large customer cohort (ARR ≥$500K) grew to 361 from 282 year-over-year
  • Total customer count increased to 2,789 from 2,422 year-over-year
  • Non-GAAP operating margin expanded to 9.7% from 3.4% year-over-year
  • Professional services and other revenue more than doubled year-over-year

“Our strong second quarter results underscore the essential role Braze plays for brands globally, delivering 26% year-over-year revenue growth alongside improving operating leverage and record second quarter free cash flow.”

Braze CEO, on the earnings call

Forward Guidance & Outlook

For fiscal Q3 2027 (ending October 31, 2026), Braze guides revenue of $229.0–$230.0 million, non-GAAP operating income of $16.0–$17.0 million, non-GAAP net income of $15.0–$16.0 million, and non-GAAP diluted EPS of $0.13–$0.14 on approximately 114.5 million diluted shares. For full fiscal year 2027 (ending January 31, 2027), the company updated guidance to revenue of $910.0–$913.0 million, non-GAAP operating income of $75.5–$76.5 million, non-GAAP net income of $72.5–$73.5 million, and non-GAAP diluted EPS of $0.64–$0.65 on approximately 114.0 million diluted shares.

BRZE YoY Financials

Q2 2027 vs Q2 2026 · SEC filings Q2 2026 Q2 2027
$0$70.0M$140.0M$210.0M$180.1M$227.2MRevenue$121.9M$151.9MGross Profit$-11,827,318$-18,123,000Operating Income$-13,624,051$-18,308,000Net Income
$0$70.0M$140.0M$210.0MRevenueGross ProfitOperating IncomeNet Income

BRZE Revenue by Segment

Subscription Revenue$207.7M+20.9%
Professional Services and Other$19.6M+136.1%

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