Braze Inc. (BRZE) Releases Q4 2026 Earnings: Revenue Rises, Diluted EPS Miss, Net Loss Narrows

Braze Inc. (BRZE) Q4 2026 results highlighted several notable items:

Total revenue of $205.2 million (up 27.9% year-over-year).

Gross profit of $134.4 million (up 20.9% year-over-year).

Operating loss of $28.2 million (improved 31.0% year-over-year).

Net loss attributable to common shareholders of $31.6 million (improved 83.8% year-over-year).

Diluted loss per share of -$0.29 (a 70.6% year-over-year improvement).

Relative to expectations, revenue slightly exceeded the consensus estimate of $202.2 million, while diluted earnings per share missed the expected $0.14 per share, recording a loss instead.

Cash from operating activities of $19.4 million (up 13.4% year-over-year).

Purchase of property, plant and equipment of $4.8 million (up 343.4% year-over-year).

Cash and cash equivalents of $124.3 million (up 49.7% year-over-year).

Total liabilities of $489.6 million (up 23.6% year-over-year).

Cost of sales totaled $70.8 million (up 43.6% year-over-year).

Overall, Braze Inc. (BRZE) delivered strong top-line growth and improvements in profitability metrics compared with a year ago, while still recording GAAP operating and net losses for the quarter. The company retains a sizable cash balance alongside elevated liabilities as it continues to invest in the business.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Braze Inc. Insider Trading Activity

Braze Inc. insiders have traded $BRZE stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.

Here’s a breakdown of recent trading of $BRZE stock by insiders over the last 6 months:

WILLIAM MAGNUSON (Chief Executive Officer) has made 0 purchases and 2 sales selling 53,111 shares for an estimated $1,158,406.
ASTHA MALIK (Chief Business Officer) has made 0 purchases and 2 sales selling 28,371 shares for an estimated $619,387.
ISABELLE WINKLES (Chief Financial Officer) has made 0 purchases and 2 sales selling 24,954 shares for an estimated $543,088.
SUSAN WISEMAN (General Counsel) has made 0 purchases and 5 sales selling 19,860 shares for an estimated $437,221.
JONATHAN HYMAN (Chief Technology Officer) has made 0 purchases and 2 sales selling 17,180 shares for an estimated $385,908.
PANKAJ MALIK (Chief Accounting Officer) has made 0 purchases and 3 sales selling 12,077 shares for an estimated $344,165.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Braze Inc. Hedge Fund Activity

We have seen 176 institutional investors add shares of Braze Inc. stock to their portfolio, and 127 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

POINT72 ASSET MANAGEMENT, L.P. added 2,790,422 shares (+935.7%) to their portfolio in Q4 2025, for an estimated $95,683,570
ALYESKA INVESTMENT GROUP, L.P. added 1,801,019 shares (+592.4%) to their portfolio in Q4 2025, for an estimated $61,756,941
CADIAN CAPITAL MANAGEMENT, LP removed 1,763,108 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $60,456,973
WELLINGTON MANAGEMENT GROUP LLP removed 1,116,335 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $31,748,567
CHAMPLAIN INVESTMENT PARTNERS, LLC removed 1,017,288 shares (-37.8%) from their portfolio in Q4 2025, for an estimated $34,882,805
DEUTSCHE BANK AG\ removed 992,435 shares (-60.2%) from their portfolio in Q4 2025, for an estimated $34,030,596
VANGUARD GROUP INC added 892,635 shares (+10.0%) to their portfolio in Q4 2025, for an estimated $30,608,454

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Braze Inc. Analyst Ratings

Wall Street analysts have issued reports on $BRZE in the last several months. We have seen 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Piper Sandler issued a "Overweight" rating on 02/03/2026
Needham issued a "Buy" rating on 01/14/2026
BTIG issued a "Buy" rating on 12/17/2025
Mizuho issued a "Outperform" rating on 12/10/2025
Wells Fargo issued a "Overweight" rating on 12/10/2025
Citigroup issued a "Buy" rating on 12/10/2025
Barclays issued a "Overweight" rating on 12/10/2025

To track analyst ratings and price targets for Braze Inc., check out Quiver Quantitative's $BRZE forecast page.

Braze Inc. Price Targets

Multiple analysts have issued price targets for $BRZE recently. We have seen 17 analysts offer price targets for $BRZE in the last 6 months, with a median target of $45.0.

Here are some recent targets:

David Hynes from Canaccord Genuity set a target price of $43.0 on 03/23/2026
Nick Altmann from BTIG set a target price of $25.0 on 03/20/2026
Clark Wright from DA Davidson set a target price of $30.0 on 03/20/2026
J. Derrick Wood from TD Cowen set a target price of $30.0 on 03/20/2026
Alexei Gogolev from JP Morgan set a target price of $32.0 on 03/12/2026
Hannah Rudoff from Piper Sandler set a target price of $30.0 on 02/03/2026
Gabriela Borges from Goldman Sachs set a target price of $45.0 on 01/28/2026