NASDAQ$BRZE
Braze Inc · Q2 2026 earnings
Q2 2026 earnings · · After market close · Investor relations
Briefing
Braze reported strong Q2 2026 results with solid revenue growth, improved non-GAAP profitability, and continued AI-driven platform momentum.
Braze delivered Q2 2026 results featuring 23.8% revenue growth and positive non-GAAP net income, supported by customer expansion and upsell momentum. Despite a GAAP net loss, operational efficiency and free cash flow were maintained.
Headline financials
Revenue & EPS history
Braze · Revenue · Quarterly
$180M
Revenue by segment
Braze · $124M total across 2 segments · Q3 2024
- Subscription$118M+33.0%95.5%
- Professional Services$5.6M+36.6%4.5%
Forward guidance
Braze expects continued revenue and non-GAAP profitability growth in Q3 and FY 2026, driven by AI-powered platform adoption and customer expansion.
Tailwinds
- Q3 revenue guidance between $183.5M and $184.5M
- FY 2026 revenue guidance raised to $717M–$720M
- Non-GAAP net income guidance of $6.5M–$7.5M for Q3
- Non-GAAP EPS guidance of $0.06–$0.07 for Q3
- Strong customer momentum and ARR expansion
Headwinds
- GAAP operating loss continues
- Free cash flow declined YoY
- GAAP gross margin decreased YoY
- Non-GAAP gross margin slightly down YoY
- Dollar-based net retention rate declined vs. prior year
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2026
+1.3%
Avg return
Earnings day
+0.3%
Avg return
5 days after
-4.5%
Avg return
30 days after
52%
12 / 23 earnings
Positive
+22.1%
Q3 2022
Best reaction
-18.8%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | -1.3% | +1.2% | -0.2% | |
| Q3 2026 | +17.7% | +8.1% | -1.9% | |
| Q2 2026 | +13.5% | +8.7% | +2.7% | |
| Q1 2026 | -17.7% | -21.2% | -20.3% | |
| Q4 2025 | +2.2% | -1.1% | -14.9% | |
| Q3 2025 | -1.2% | +0.4% | +6.5% | |
| Q2 2025 | -17.6% | -20.6% | -28.0% | |
| Q1 2025 | +1.7% | +0.5% | +8.3% | |
| Q4 2024 | -10.4% | -13.3% | -15.6% | |
| Q3 2024 | -4.6% | -5.5% | -16.4% | |
| Q2 2024 | +3.0% | -0.9% | -0.5% | |
| Q1 2024 | +16.0% | +22.2% | +22.7% | |
| Q4 2023 | +9.6% | +12.7% | -6.8% | |
| Q3 2023 | +0.2% | -2.7% | +2.3% | |
| Q2 2022 | -16.7% | -19.3% | -32.3% | |
| Q2 2023 | -18.8% | -18.8% | -28.6% | |
| Q1 2022 | +14.5% | +12.9% | +43.5% | |
| Q1 2023 | -2.1% | +1.4% | +29.8% | |
| Q4 2020 | -7.1% | -13.0% | -7.8% | |
| Q4 2022 | -11.8% | -13.9% | -14.5% | |
| Q4 2021 | +16.9% | +19.9% | -14.2% | |
| Q3 2021 | +22.1% | +24.1% | -8.4% | |
| Q3 2022 | +22.1% | +24.1% | -8.4% | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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