Braze (BRZE) Q4 2026 Earnings
How Did BRZE Stock React to Q4 2026 Earnings?
S&P 500 over the same 30 days: +8.88%.
Did BRZE Beat Earnings? Q4 2026 Results
No. Braze reported Q4 2026 earnings of $0.10 a share on Mar 24, 2026, missing the $0.14 consensus estimate by 27.5%. Revenue was $205.2M against a $198.2M estimate.
Braze closed out fiscal Q4 2026 with a decisive revenue beat, posting $205.17 million in quarterly revenue, up 27.9% year-over-year and ahead of the $198.23 million consensus estimate by 3.50%, while delivering non-GAAP EPS of $0.10. The headline driver was a surge in enterprise momentum, with customers generating at least $500,000 in ARR growing 34.8% to 333, and quarterly bookings climbing over 50% year-over-year, propelling remaining performance obligations past the $1.00 billion threshold. Profitability inflected meaningfully as well, with non-GAAP operating income expanding to $14.51 million at a 7.1% margin, more than doubling from $7.95 million a year prior. Adding further confidence to the growth narrative, the board authorized a $100.00 million share repurchase program, including an imminent $50.00 million accelerated buyback, signaling management's conviction in cash generation durability. Looking ahead, Braze guided full fiscal year 2027 revenue of $884.00 million to $889.00 million alongside non-GAAP operating income of $69.00 million to $73.00 million, implying continued operating leverage as the platform scales.
- 27.9% year-over-year revenue growth in Q4 driven by new customers, upsells, and renewals
- Over 50% year-over-year increase in quarterly bookings
- Significant strength in the enterprise segment
- Accelerating organic revenue growth for the third consecutive quarter
- Strong operating leverage with non-GAAP operating margin of 7.1% in Q4 vs 5.0% a year ago
“We finished the fiscal year with an exceptional Q4, accelerating year-over-year organic revenue growth for the third straight quarter while continuing to drive strong operating leverage across our global business. In addition, we achieved an over 50% year-over-year increase in quarterly bookings, driven by significant strength in our enterprise segment and underscoring a fundamental market shift: the world's largest and most sophisticated brands are choosing Braze as a foundational partner to drive their AI transformation during this period of intense disruption and opportunity.”
Braze CEO, on the earnings call
What Was Braze's Outlook in Q4 2026?
For fiscal Q1 2027 (ending April 30, 2026), Braze guided revenue of $204.5–$205.5 million, non-GAAP operating income of $10.0–$11.0 million, non-GAAP net income of $11.0–$12.0 million, and non-GAAP diluted EPS of $0.10–$0.11 on approximately 112.0 million weighted average diluted shares. For full fiscal year 2027 (ending January 31, 2027), the company guided revenue of $884.0–$889.0 million, non-GAAP operating income of $69.0–$73.0 million, non-GAAP net income of $69.0–$73.0 million, and non-GAAP diluted EPS of $0.61–$0.65 on approximately 113.0 million weighted average diluted shares.
BRZE YoY Financials
| Metric | Q4 2026 | Q4 2025 | Year over year |
|---|---|---|---|
| Revenue | $205.2M | $160.4M | +27.9% |
| Gross Profit | $134.4M | $111.1M | +20.9% |
| Operating Income | −$28.2M | −$40.9M | −31.0% |
| Net Income | −$31.6M | −$195.4M | −83.8% |
BRZE Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.