The Tip Desk

Braze, Inc.

Company Stats

Market Cap
$2.9B
as of Sep 30, 2026
Shares Outstanding
113.6M
Free Float
86.0%

Income Statement

Revenue
$738.2M
Operating Income
-$144.8M
Net Income
-$131.3M
EBITDA
-$125.4M
Non-cash Impairment
$80,000
Revenue Growth, 3Y
27.6%
FCF Margin, 3Y Avg
3.9%
FCF Margin, Worst Year
-0.6%

Cash Flow

Free Cash Flow
$61.9M
FCF Yield
2.2%
Owner FCF Yield
-2.9%

Balance Sheet

Cash & Equivalents
$124.3M

Returns & Capital

SBC, 3Y Avg
$118.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2026$738.2M$61.9M8.4%
FY2025$593.4M$23.4M4.0%
FY2024$471.8M-$2.9M-0.6%
FY2023$355.4M-$37.8M-10.6%
FY2022$238.0M-$37.7M-15.8%

Annual filing data through FY ended January 31, 2026; shares and float as of November 3, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage