Braze, Inc. ( (BRZE) ) has released its Q1 earnings. Here is a breakdown of the information Braze, Inc. presented to its investors.
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Braze, Inc. is a leading customer engagement platform that enables brands to engage with their customers in real-time across multiple channels, primarily operating in the software as a service (SaaS) industry. The company is known for its innovative approach to customer engagement and data-driven marketing solutions.
Braze has reported its fiscal first quarter 2026 results, showcasing strong revenue growth and a strategic acquisition. The company has also announced the hiring of a new Chief Revenue Officer, Ed McDonnell, to lead its global revenue operations, signaling a focus on accelerating growth and solidifying its market position.
In the first quarter of fiscal 2026, Braze achieved a revenue of $162.1 million, marking a 19.6% increase from the previous year, driven by new customer acquisitions, upsells, and renewals. The company’s subscription revenue reached $154.9 million, and it reported a non-GAAP operating income of $2.8 million, a significant improvement from a loss of $10.0 million in the prior year. Braze’s customer base expanded to 2,342, with notable new business wins including companies like Beyond, Inc., and LUSH Cosmetics.
Braze’s acquisition of OfferFit, an AI decisioning company, is expected to enhance its product offerings and customer relationships. The company also introduced new messaging channels and a Canvas step to improve customer engagement. Despite a GAAP operating loss of $40.2 million, Braze’s free cash flow increased to $22.9 million, reflecting its operational efficiency.
Looking ahead, Braze has provided guidance for continued revenue growth in the fiscal year 2026, with expectations of reaching up to $706 million. The company remains focused on leveraging its recent acquisition and strategic hires to drive further growth and maintain its leadership in the customer engagement space.