Quarterly ResultMay 27, 2026, 04:13 PM
Braze Q1 Revenue $211M, +30% YoY; Pankaj Malik Interim CFO
AI Summary
Braze reported strong fiscal first quarter 2027 results with revenue increasing 30.2% year-over-year to $211.0 million, marking its fourth consecutive quarter of organic revenue acceleration. The company also announced the appointment of Pankaj Malik, currently Chief Accounting Officer, as Interim Chief Financial Officer, effective May 29, 2026. Braze provided positive guidance for Q2 and the full fiscal year 2027.
Key Highlights
- Pankaj Malik appointed Interim Chief Financial Officer, effective May 29, 2026.
- Q1 FY27 revenue grew 30.2% YoY to $211.0 million, with 27% organic growth.
- Non-GAAP operating income was $10.5 million, up from $2.8 million YoY.
- Non-GAAP diluted net income per share was $0.10, compared to $0.07 YoY.
- Dollar-based net retention for all customers rose to 110% for the trailing 12 months.
- Total customers increased to 2,713 from 2,342 YoY.
- Q2 FY27 revenue guidance set at $219.5 - $220.5 million.
- FY27 revenue guidance updated to $895.0 - $899.0 million.
Price Impact
More from BRZE