Companies /Technology
Braze Inc - Class A
NASDAQ: BRZE Software - Application
$30.38
▲ $2.13 (+7.54%) today
Markets closed · 5:58pm ET

Braze (BRZE) 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
1 quarter
Consecutive EPS beats

How Did BRZE Stock React to Q1 2027 Earnings?

% change · around the report
−7%0+7%+14%May 27May 28report 4:09pm ETearnings+0.6%+4.3%
−7%0+7%+14%May 27May 28earnings+0.6%+4.3%
BRZE +4.3%S&P 500 +0.6%
−7%0+7%+14%May 27May 28report 4:09pm ETearnings+0.8%+4.3%
−7%0+7%+14%May 27May 28earnings+0.8%+4.3%
BRZE +4.3%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

No. Braze reported Q1 2027 earnings of $0.10 a share on May 27, 2026, missing the $0.10 consensus estimate by 3.8%. Revenue was $211.0M against a $205.2M estimate.

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

What Was Braze's Outlook in Q1 2027?

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 income statement, Q1 2027 versus Q1 2026
Metric Q1 2027 Q1 2026 Year over year
Revenue $211.0M $162.1M +30.2%
Gross Profit $138.7M $111.2M +24.7%
Operating Income −$27.5M −$20.9M +31.6%
Net Income −$26.6M −$21.2M +25.7%

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.