← Back to All US Stocks

Braze, Inc. (BRZE) Stock Fundamental Analysis & AI Rating 2026

BRZE Nasdaq Services-Prepackaged Software DE CIK: 0001676238
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-10-31
Combined AI Rating
HOLD
70% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
78% Conf

📊 BRZE Key Takeaways

Revenue: $533.0M
Net Margin: -18.7%
Free Cash Flow: $47.3M
Current Ratio: 1.36x
Debt/Equity: 0.00x
EPS: $-0.93
AI Rating: HOLD with 62% confidence
Braze, Inc. (BRZE) receives a HOLD rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $533.0M, net profit margin of -18.7%, and return on equity (ROE) of -16.6%, Braze, Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete BRZE stock analysis for 2026.

Is Braze, Inc. (BRZE) a Good Investment?

Claude

Braze demonstrates strong revenue growth (25.8% YoY) and healthy gross margins (67.8%), indicating solid demand and product-market fit in the SaaS sector. However, significant operating losses (-21.9% margin) and negative net income despite scale suggest the company has not yet achieved sustainable profitability, though positive free cash flow (47.3M) provides a financial cushion.

ChatGPT

Braze shows solid growth quality, with revenue up 25.8% and positive operating and free cash flow despite continued GAAP losses. The balance sheet is healthy with no long-term debt and meaningful equity, but the business still carries materially negative operating and net margins, so the core question is whether scale can translate into durable profitability.

Why Buy Braze, Inc. Stock? BRZE Key Strengths

Claude
  • + Strong revenue growth of 25.8% YoY with 67.8% gross margins indicating pricing power and efficient delivery
  • + Positive free cash flow of 47.3M despite operating losses, demonstrating underlying business unit economics
  • + Conservative balance sheet with no long-term debt, 1.36x current ratio, and 97.8M cash providing financial flexibility
  • + Improving EPS trajectory (+22.7% YoY improvement) showing path toward profitability
ChatGPT
  • + Strong top-line growth of 25.8% YoY indicates continued demand and commercial momentum
  • + High gross margin of 67.8% supports attractive software economics and future operating leverage potential
  • + Positive operating cash flow and free cash flow, combined with no long-term debt, strengthen financial flexibility

BRZE Stock Risks: Braze, Inc. Investment Risks

Claude
  • ! Persistent operating losses at -116.5M annually with -21.9% operating margin despite revenue scale
  • ! Negative net income of -99.7M suggests significant operating expenses (likely R&D and sales) are not yet justified by profitability
  • ! Negative ROE (-16.6%) and ROA (-9.6%) indicate the company is currently destroying shareholder value
  • ! 20 Form 4 filings in last 90 days may indicate elevated insider trading activity warranting investigation
ChatGPT
  • ! Operating margin of -21.9% and net margin of -18.7% show the company is still far from consistent GAAP profitability
  • ! Cash and equivalents of $97.81M are modest relative to the ongoing loss base, limiting margin for execution missteps
  • ! Very weak returns on equity and assets indicate current capital is not yet being converted into strong earnings power

Key Metrics to Watch

Claude
  • * Path to operating profitability and operating margin expansion trajectory
  • * Quarterly gross margin sustainability and customer retention rates
  • * Free cash flow generation relative to operating losses to assess runway
  • * Operating expense ratio and R&D spending efficiency metrics
ChatGPT
  • * Operating margin improvement toward breakeven
  • * Sustained free cash flow margin expansion

Braze, Inc. (BRZE) Financial Metrics & Key Ratios

Revenue
$533.0M
Net Income
$-99.7M
EPS (Diluted)
$-0.93
Free Cash Flow
$47.3M
Total Assets
$1.0B
Cash Position
$97.8M

💡 AI Analyst Insight

Braze, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

BRZE Profit Margin, ROE & Profitability Analysis

Gross Margin 67.8%
Operating Margin -21.9%
Net Margin -18.7%
ROE -16.6%
ROA -9.6%
FCF Margin 8.9%

BRZE vs Technology Sector: How Braze, Inc. Compares

How Braze, Inc. compares to Technology sector averages

Net Margin
BRZE -18.7%
vs
Sector Avg 18.0%
BRZE Sector
ROE
BRZE -16.6%
vs
Sector Avg 22.0%
BRZE Sector
Current Ratio
BRZE 1.4x
vs
Sector Avg 2.5x
BRZE Sector
Debt/Equity
BRZE 0.0x
vs
Sector Avg 0.5x
BRZE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Braze, Inc. Stock Overvalued? BRZE Valuation Analysis 2026

Based on fundamental analysis, Braze, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-16.6%
Sector avg: 22%
Net Profit Margin
-18.7%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Braze, Inc. Balance Sheet: BRZE Debt, Cash & Liquidity

Current Ratio
1.36x
Quick Ratio
1.36x
Debt/Equity
0.00x
Debt/Assets
42.1%
Interest Coverage
N/A
Long-term Debt
N/A

BRZE Revenue & Earnings Growth: 5-Year Financial Trend

BRZE 5-year financial data: Year 2022: Revenue $238.0M, Net Income -$31.8M, EPS $-1.96. Year 2023: Revenue $355.4M, Net Income -$31.8M, EPS $-1.77. Year 2024: Revenue $471.8M, Net Income -$76.7M, EPS $-2.20. Year 2025: Revenue $593.4M, Net Income -$139.0M, EPS $-1.47. Year 2026: Revenue $738.2M, Net Income -$129.2M, EPS $-1.32.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Braze, Inc.'s revenue has grown significantly by 210% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.32 indicates the company is currently unprofitable.

BRZE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.9%
Free cash flow / Revenue

BRZE Quarterly Earnings & Performance

Quarterly financial performance data for Braze, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $152.1M -$27.9M $-0.27
Q2 2026 $145.5M -$23.0M $-0.23
Q1 2026 $135.5M -$35.6M $-0.34
Q3 2025 $124.0M -$27.9M $-0.27
Q2 2025 $115.1M -$23.0M $-0.23
Q1 2025 $101.8M -$35.6M $-0.35
Q3 2024 $93.1M -$30.7M $-0.31
Q2 2024 $86.1M -$31.7M $-0.33

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Braze, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$52.1M
Cash generated from operations
Stock Buybacks
$165.0K
Shares repurchased (TTM)
Capital Expenditures
$4.8M
Investment in assets
Dividends
None
No dividend program

BRZE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Braze, Inc. (CIK: 0001676238)

📋 Recent SEC Filings

Date Form Document Action
Apr 13, 2026 4 xslF345X06/wk-form4_1776113129.xml View →
Apr 8, 2026 4 xslF345X06/wk-form4_1775689671.xml View →
Apr 7, 2026 8-K brz-20260407.htm View →
Mar 25, 2026 10-K brze-20260131.htm View →
Mar 24, 2026 8-K brz-20260324.htm View →

Frequently Asked Questions about BRZE

What is the AI rating for BRZE?

Braze, Inc. (BRZE) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BRZE's key strengths?

Claude: Strong revenue growth of 25.8% YoY with 67.8% gross margins indicating pricing power and efficient delivery. Positive free cash flow of 47.3M despite operating losses, demonstrating underlying business unit economics. ChatGPT: Strong top-line growth of 25.8% YoY indicates continued demand and commercial momentum. High gross margin of 67.8% supports attractive software economics and future operating leverage potential.

What are the risks of investing in BRZE?

Claude: Persistent operating losses at -116.5M annually with -21.9% operating margin despite revenue scale. Negative net income of -99.7M suggests significant operating expenses (likely R&D and sales) are not yet justified by profitability. ChatGPT: Operating margin of -21.9% and net margin of -18.7% show the company is still far from consistent GAAP profitability. Cash and equivalents of $97.81M are modest relative to the ongoing loss base, limiting margin for execution missteps.

What is BRZE's revenue and growth?

Braze, Inc. reported revenue of $533.0M.

Does BRZE pay dividends?

Braze, Inc. does not currently pay dividends.

Where can I find BRZE SEC filings?

Official SEC filings for Braze, Inc. (CIK: 0001676238) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BRZE's EPS?

Braze, Inc. has a diluted EPS of $-0.93.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BRZE a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Braze, Inc. has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BRZE stock overvalued or undervalued?

Valuation metrics for BRZE: ROE of -16.6% (sector avg: 22%), net margin of -18.7% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy BRZE stock in 2026?

Our dual AI analysis gives Braze, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BRZE's free cash flow?

Braze, Inc.'s operating cash flow is $52.1M, with capital expenditures of $4.8M. FCF margin is 8.9%.

How does BRZE compare to other Technology stocks?

Vs Technology sector averages: Net margin -18.7% (avg: 18%), ROE -16.6% (avg: 22%), current ratio 1.36 (avg: 2.5).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Sector: All Technology Stocks →
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-10-31 | Powered by Claude AI