Braze, Inc.

Braze, Inc. held its Annual Meeting of Stockholders on June 30, 2026, where several key proposals were approved. Stockholders voted to approve an amendment to the company's Amended and Restated Certificate of Incorporation, which prospectively eliminates the monetary liability of specified officers for breaches of fiduciary duty to the fullest extent permitted by Delaware law. Additionally, Neeraj Agrawal and Yvonne Wassenaar were elected as Class II directors, and the compensation of named executive officers was approved on an advisory basis. The selection of Ernst & Young LLP as the independent auditor was also ratified.

Braze, Inc. reported strong financial results for the first quarter ended April 30, 2026, with revenue increasing significantly and net loss narrowing compared to the prior year. The company saw robust growth across both subscription and professional services, as well as in its U.S. and international markets. Additionally, Braze generated positive operating cash flow and initiated a common stock repurchase program.

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.

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.

Braze, Inc. announced that CFO Isabelle Winkles will depart on May 29, 2026, to take a role at a privately held company. Pankaj Malik, the current Chief Accounting Officer, will assume the role of Interim CFO while a formal search for a permanent replacement is conducted. Additionally, Nick Rockwell will join Braze as Chief Information Officer, effective June 1, 2026. The company also reaffirmed its financial guidance for the first quarter and full fiscal year 2027 and will report Q1 results on May 27, 2026.

Braze, Inc. announced that its General Counsel and Secretary, Susan Wiseman, intends to retire on or before June 30, 2026. The departure of a key executive like the General Counsel can impact investor confidence and potentially lead to changes in legal and compliance strategies.