BuybackMay 18, 2026, 04:37 PM
Braze Authorizes $100M Share Buyback; Reports Strong FY26 Growth
AI Summary
Braze, Inc. announced its board authorized a $100 million share repurchase program. The company reported strong fiscal 2026 performance, with full-year revenue growing 24% and fourth-quarter growth accelerating to 28%. Customer count increased 14% to 2,609, and dollar-based net retention improved to 109% in Q4. The Annual Meeting of Stockholders is scheduled for June 30, 2026, to vote on director elections, executive compensation, auditor ratification, and an amendment for officer exculpation.
Key Highlights
- Board authorized a $100 million share repurchase program.
- Fiscal 2026 full-year revenue grew 24%.
- Fourth-quarter revenue growth accelerated to 28%.
- Customer count increased 14% to 2,609.
- Large customer cohort ($500,000+ ARR) grew 35% to 333.
- Dollar-based net retention turned upward to 109% in Q4.
- Non-GAAP operating margins expanded nearly 400 basis points.
- Annual Meeting of Stockholders to be held virtually on June 30, 2026.
Price Impact
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