NASDAQ$BRZE
Braze Inc · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Braze reported fiscal Q4 2025 revenue of $160.4M with a GAAP net loss of $17M and non-GAAP diluted EPS of $0.12.
Revenue was $160.4 million for the quarter ended January 31, 2025, up 22.5% year over year, driven by subscription growth and upsells. GAAP net loss was $17 million; non-GAAP net income per diluted share was $0.12. Dollar-based net retention was 111% for customers with $500K+ ARR.
- Fiscal Q4 revenue $160.4M (+22.5% YoY).
- Subscription revenue $153.9M; professional services $6.5M.
- Non-GAAP operating income $7.9M; three straight quarters of non-GAAP net income profitability.
- OfferFit acquisition and AI roadmap support 2026 growth narrative.
Headline financials
Revenue & EPS history
Braze · Revenue · Quarterly
$160M
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
Outlook emphasizes milestones, liquidity runway, and cost discipline.
Tailwinds
- Pipeline progress and partnership economics.
- Cash supports near-term operating plans.
Headwinds
- Operating losses until commercial scale.
- Financing and competition affect funding costs.
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 2025
+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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro