NASDAQ$BRZE
Braze Inc · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Braze's Q4 2024 earnings showcased revenue growth and improved efficiency.
Braze reported a 33% increase in revenue for the fourth quarter of fiscal year 2024, reaching $131.0 million. The company also demonstrated improvements in operating loss and net loss per share compared to the previous year. Braze introduced first quarter and full year fiscal 2025 guidance.
- Revenue increased by 33% year-over-year to $131.0 million.
- Subscription revenue reached $125.9 million, up from $94.8 million in the prior year's quarter.
- GAAP operating loss improved to $32.3 million compared to $36.5 million in the same quarter last year.
- Non-GAAP net loss per share improved to $0.04 compared to $0.14 in the fourth quarter of the fiscal year ended January 31, 2023.
Headline financials
Revenue & EPS history
Braze · Revenue · Quarterly
$131M
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 is initiating guidance for the fiscal first quarter ending April 30, 2024 and fiscal year ending January 31, 2025.
Tailwinds
- Q1 2025 Revenue: $131.0 - 132.0 million
- FY 2025 Revenue: $570.0 - 575.0 million
- Q1 2025 Non-GAAP Operating Loss: $(13.0) - (14.0) million
- FY 2025 Non-GAAP Operating Loss: $(20.0) - (24.0) million
- FY 2025 Weighted average shares outstanding ~101.0 million
Headwinds
- Q1 2025 Non-GAAP Net Loss: $(10.0) - (11.0) million
- FY 2025 Non-GAAP Net Loss: $(8.0) - (12.0) million
- Q1 2025 Non-GAAP Net Loss Per Share: $(0.10) - (0.11)
- FY 2025 Non-GAAP Net Loss Per Share: $(0.08) - (0.12)
- Braze has not reconciled its guidance as to non-GAAP operating loss, non-GAAP net loss or non-GAAP net loss per share to their most directly comparable GAAP measure as a result of uncertainty regarding, and the potential variability of, reconciling items such as stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in Braze’s stock price.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2024
+1.1%
Avg return
Earnings day
-0.0%
Avg return
5 days after
-4.7%
Avg return
30 days after
50%
12 / 24 earnings
Positive
+22.1%
Q3 2022
Best reaction
-18.8%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -1.3% | -9.8% | — | |
| Q1 2027 | -4.8% | +4.4% | — | |
| 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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