| Metric | Value ($ M) | Q1 FY27 | Q2 FY26 |
|---|---|---|---|
| Revenue | 227.23 | 7.7% | 26.2% |
| Total Income | 227.23 | 7.7% | 26.2% |
| Expenditure | 245.35 | 2.9% | 12.1% |
| PBT | -15.82 | 34.3% | 54.5% |
| Net Profit | -18.85 | 29.1% | 32.4% |
| OPM | -7.98% | 5.06pp | 13.54pp |
| NPM | -8.30% | 4.31pp | 7.19pp |
| EPS | -0.17 | 29.2% | 34.6% |
Braze Reports Strong Fiscal Second Quarter 2027 Results
09 Sept 2026 · 9 Sept, 1:45 am
Summary
Braze, Inc. announced strong financial results for its fiscal second quarter ended July 31, 2026, reporting revenue of $227.2 million, a 26.2% increase year-over-year. The company demonstrated improved operating leverage with non-GAAP operating income rising to $22.0 million and achieved record cash from operations of $24.2 million and free cash flow of $21.7 million. CEO Bill Magnuson highlighted the essential role of Braze for brands globally and the accelerating adoption of its AI solutions, emphasizing the company's position as the global standard for customer loyalty.
Key Highlights
- 1
Braze achieved 26.2% year-over-year revenue growth in the fiscal second quarter of 2027, reaching $227.2 million.
- 2
The company generated record second quarter cash from operations of $24.2 million and free cash flow of $21.7 million.
- 3
Non-GAAP operating income significantly improved to $22.0 million, up from $6.0 million in the prior year's second quarter.
- 4
Non-GAAP net income per share was $0.19, an increase from $0.15 in the second quarter of fiscal year 2026.
- 5
Remaining performance obligations stood at $1,092.5 million as of July 31, 2026, with $691.1 million being current.
- 6
Dollar-based net retention for customers with ARR of $500,000 or more was 112%, up from 111% in the prior year's quarter.
- 7
Total customers grew to 2,789 as of July 31, 2026, up from 2,422 in the prior year.
Management Comments
Bill Magnuson
Our strong second quarter results underscore the essential role Braze plays for brands globally, delivering 26% year-over-year revenue growth alongside improving operating leverage and record second quarter free cash flow. As customers across every size, industry, and region demand proof of ROI, adoption of our AI solutions, including BrazeAI Operator™, BrazeAI Agent Console™, and BrazeAI Decisioning Studio™, is accelerating. By consistently turning engagement into measurable business impact, Braze is becoming the global standard for cultivating long-term customer loyalty. We look forward to seeing the industry's most sophisticated marketers later this month at Forge 2026 in Las Vegas. Our technology is made for this moment, and so are they. All that's left is to teach them to fly: acting faster, deciding smarter, and creating customer experiences that land.
Informational and educational content only. Not investment advice.