How profitable is Braze Inc. (BRZE)?

In FY 2025 (10-K), BRZE converted $738.2M of revenue into a 67.1% gross margin, 0% operating margin, and $61.9M in free cash flow (8.4% FCF margin).

Stock Ratings / Technology / BRZE / financials

MBLY (54) BB (64) TENB (58) VRNS (63) ⌘ Pro Terminal →

Braze Inc. (BRZE) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$45.67 -0.17% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $45.57

Braze Inc. (BRZE) carries a Roarable Rating of C+ (Hold) with 68/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C+ • HOLD / WATCH Cap $5.20B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is BRZE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Braze Inc. (NASDAQ: BRZE) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 68/100 at a spot price of $45.67 (-0.17% 1D, market cap $5.20B). Pillar breakdown: Fundamental Cash Engine 13/20, Institutional 13F & Options Flow 18/20, SEC Balance-Sheet Forensics 16/20, FRED Macro Regime Fit 12/20, and Executive Insider Alignment 9/20. Across 715 tracked Technology issuers, BRZE ranks #108 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does BRZE compare to MBLY and BB in the Technology sector?

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Within the Technology sector (Computer Software: Prepackaged Software), BRZE carries a Roarable C+ (68/100 RQD), trailing P/E of N/A, gross margin of 67.1%, and ROIC of -16.2%. By comparison, MBLY (Mobileye Global Inc.) holds a D+ grade (54/100 RQD, P/E N/A, ROIC -3.4%, cap $5.07B) and BB (BlackBerry Limited) posts a C grade (64/100 RQD, P/E 101.4x, ROIC 5.7%, cap $4.94B). Among the 5-stock peer group, BB leads on earnings multiple (101.4x) while BB leads on capital efficiency (5.7% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for BRZE?

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Per BRZE's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-01-31, CIK 0001676238), Braze Inc. generated $738.2M in revenue (+24.4% YoY), -$131.3M in net income, and $61.9M in free cash flow against $1.11B in total assets and $220.3M in total debt. Key quantitative strengths: Big institutional funds and options desks are actively positioning on the bullish side. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $45.57 (-0.22%)🧬 Disciplined Float (+0.80% YoY Shares)⚙️ Cash Engine: 13/20 (C) • 8.4% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 68/100 (C+) historically posted market-perform odds over rolling 90-day windows (+1.8% avg 90D alpha vs SPY • 56.9% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C+

Quant Analyst Panel Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR RQD RADARRw C+ · Rk B-

Each axis scored 0–20

12M PRICE TARGET CONE+4.5% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for BRZE)Realized 20D OHLCV Swing Band: ±4.6%

Deterministic 5-Pillar Attribution (68/100 Composite)

🔍 WHY BRZE SCORES 68/100 (C+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+18/20 pts (26% of score)

20D Institutional Volume Accumulation (±4.6% realized swing band)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+16/20 pts (24% of score)

Altman Z-Score 5.87 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution9/20 pts (-11 pt drag)

Disciplined Float (+0.80% YoY Shares) & executive Form 4 sales trim 11 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$28.25+61.7% Next Q

Q2 (-2Q)

Grade C+$45.68+0.2% Next Q

Q3 (-1Q)

Grade C+$45.78-0.2% Next Q

Current

Grade C+$45.67+1.8% Hist 90D α

Trajectory: C (60) → C+ (68)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the BRZE Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 68/100 (C+) score, BRZE faces multiple-compression risk if current valuation multiples re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Company executives have done more routine share selling than personal cash buying lately.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Disciplined Float (+0.80% YoY Shares) — any gross margin slip below 64.6% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($32.09) or 200D SMA ($24.92) invalidates the momentum regime and cuts Target Base ($47.73) toward Bear Floor ($37.23).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $BRZE• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “BRZE Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 68%NO 32%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How BRZE Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$61.9M (8.4% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $471.8M

FY24

Rev $593.4M

FY25

Rev $738.2M

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$738.2M	67.1%	-19.6%	-$131.3M	$61.9M	-15.9%
FY 2024	$593.4M	69.1%	-20.6%	-$103.7M	$23.4M	-16.9%
FY 2023	$471.8M	67.1%	-30.7%	-$129.2M	-$14.4M	-6.6%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring BRZE)

✓Walkthrough of BRZE's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

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BRZE // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +88.95%⚡ TESTING RESISTANCE

2026-11-03O $45.80H $45.80L $45.67C $45.67VOL 7.51M

RES: $47.49SUP: $23.77SMA50: $32.09SMA200: $24.92

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

BRZE Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 BRZE Butterfly Map → + Track BRZE →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

27.7%/yr Implied 5Y Growth

vs. +24.4% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on BRZE today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for BRZE. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for BRZE today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (BRZE)

Technology Rank #108 of 715 ⚔️ MBLY vs BRZE Full Matrix →

1. Head-to-Head Technology Peer Comparison (BRZE vs. MBLY, BB, TENB, VRNS)

Industry: Computer Software: Prepackaged Software (222 Tracked Issuers)

Across 715 tracked Technology securities in the Roarable RQD universe, Braze Inc. (BRZE) ranks #108 by composite RQD confidence (68/100, grade C+) and #212 by equity capitalization ($5.20B). Within this direct 5-issuer industry benchmark cohort, BB leads on earnings valuation at 101.4x trailing P/E, while BB leads on capital efficiency and profitability with 5.7% ROIC and 76.2% gross margin. BRZE currently leads its immediate peer cohort in composite quantitative strength at 68/100 (C+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
BRZE ACTIVE Braze Inc.	C+	68/100	—	67.1%	-16.2%	-0.17%	$5.20B	Benchmark Subject
MBLY Mobileye Global Inc.	D+	54/100	—	47.7%	-3.4%	-5.20%	$5.07B	/mbly-vs-brze →
BB BlackBerry Limited	C	64/100	101.4x	76.2%	5.7%	-4.75%	$4.94B	/bb-vs-brze →
TENB Tenable Holdings Inc.	D+	58/100	—	78.1%	-1.0%	-6.50%	$5.59B	/tenb-vs-brze →
VRNS Varonis Systems Inc.	C	63/100	—	78.8%	-15.3%	-0.20%	$5.61B	/vrns-vs-brze →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2026-01-31 • CIK 0001676238 ↗

In its most recent audited fiscal period (FY2025, filed 2026-01-31), Braze Inc. (BRZE) reported GAAP revenue of $738.2M (+24.4% vs. FY2024 revenue of $593.4M , and +56.5% cumulative change since FY2023) , GAAP net income of -$131.3M, operating cash flow of $71.4M, and free cash flow of $61.9M (+163.8% YoY). On the balance sheet, BRZE closed FY2025 with $1.11B in total assets against $220.3M in total debt (Altman Z-Score: 5.87, Piotroski F-Score: 7/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2026-01-31	$738.2M	-$131.3M	$71.4M	$61.9M	$1.11B	$220.3M
FY2024 (FY)	2025-01-31	$593.4M	-$103.7M	$36.7M	$23.4M	$871.0M	$178.3M
FY2023 (FY)	2024-01-31	$471.8M	-$129.2M	$6.8M	-$14.4M	$2.86B	$669.5M

3. BRZE Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is BRZE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does BRZE compare to MBLY and BB in the Technology sector?

What are the biggest fundamental strengths and SEC risk factors for BRZE?

Where is BRZE trading relative to its 50-day, 200-day, and 52-week technical levels?

BRZE last traded at $45.67 (-0.17% on volume of 5,662,449 shares), positioning the stock +42.32% above its 50-day simple moving average ($32.09) and +83.27% above its 200-day simple moving average ($24.92). Across its 52-week range of $15.26 to $45.94, BRZE sits at the 99.1% percentile with a 14-day RSI of 83.2 (OVERBOUGHT (>70)) and an implied next-earnings move of ±4.6% ($43.57 to $47.77).

Direct Sub-Reports: BRZE RQD Cockpit BRZE 12M Forecast BRZE Earnings & Move BRZE Dividends & DRIP BRZE Insiders & 13F BRZE Whale Options BRZE Profit Sankey BRZE News & Why

ROARABLE RATING BRIEF • RQD 68/100 (C+) ✓ SEC XBRL & RQD VERIFIED

BRZE — Braze Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2026-01-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Braze Inc. (BRZE) earns a live Roarable RQD composite score of 68/100, corresponding to a C+ letter grade (Roarable Hold) at a spot price of $45.67 (-0.17% 1D, market capitalization $5.20B).

Fundamental Cash Engine (13/20): Anchored by return on invested capital (ROIC) of -16.2%, gross margin of 67.1%, operating margin of -19.6%, and free cash flow yield of 1.19%.
Whale 13F & Options Flow (18/20) + Insider Conviction (9/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (12/20) + Forensic Balance Sheet (16/20): Incorporates a 1.21x equity beta, Altman Z-Score of 5.87, Piotroski F-Score of 7/9, and Debt/Equity of 0.33x.

2. Business Model, Unit Margins & SEC Financial Trajectory

Braze Inc. Is a NASDAQ-listed issuer classified under the Technology sector and the Computer Software: Prepackaged Software industry,. The gross margin of 67.1% per the market data indicates a software-style cost structure, but the specific offerings and buyers are not described in the sources.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2026-01-31), Braze Inc. (BRZE) reported $738.2M in annual revenue (up from $593.4M in FY2024, +24.4% YoY) and -$131.3M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($471.8M revenue, -$129.2M net income) through FY2025, BRZE scaled operating cash flow to $71.4M and free cash flow to $61.9M, backed by $1.11B in total assets against $220.3M in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (C+ • RQD 68/100): Big institutional funds and options desks are actively positioning on the bullish side. Clean SEC annual filing review with no major hidden accounting time-bombs. With Fundamental Cash Engine at 13/20 and Institutional Whale Flow at 18/20, sustained execution supports upside toward the upper end of the $15.26 – $45.94 52-week range.
🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation against -19.6% operating margins and a 1.21x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Computer Software: Prepackaged Software (Technology), BRZE carries a macro regime beta of 1.21 and gross margin of 67.1%.

Key Question #1: Can BRZE sustain or expand its -19.6% operating margin and -16.2% ROIC against Computer Software: Prepackaged Software peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $738.2M and free cash flow of $61.9M, how will capital allocation balance growth reinvestment against $220.3M in total debt?
Key Question #3: How sensitive is BRZE's 36.0x forward P/E multiple to Technology capital spending cycles and macro interest-rate shifts (Beta 1.21x)?

BRZE Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Braze Inc. (BRZE) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to BRZE Debate Forum (3) ↓

🟢 CATALYST CNBC • 1d ago

Salesforce announces $5.66 billion deal for Braze, sending BRZE stock soaring 51%

CNBC report covering Braze Inc. (BRZE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Why Braze (BRZE) Stock Is Trading Up Today

Yahoo Finance report covering Braze Inc. (BRZE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Trefis • 1d ago

Why Did Braze Stock Jump?

Trefis report covering Braze Inc. (BRZE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Fast Company • 1d ago

Salesforce is planning to buy AI marketing company Braze, sending BRZE shares surging 50%

Fast Company report covering Braze Inc. (BRZE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 1d ago

Salesforce to buy Braze for $47.50 a share in cash

Seeking Alpha report covering Braze Inc. (BRZE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Benzinga • 1d ago

Why Is Braze Stock Surging on Tuesday? - Braze (NASDAQ:BRZE)

Benzinga report covering Braze Inc. (BRZE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH TradingView • 2d ago

BRZE Stock Gets Multiple Downgrades After $5.66B Salesforce Deal — Analysts See Shareholder Win, Potential Boost For Software Valuations

TradingView report covering Braze Inc. (BRZE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 2d ago

Braze (BRZE) Stock Still Looks Undervalued Following Its 80% Run

Yahoo Finance report covering Braze Inc. (BRZE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

BRZE Bull vs. Bear Conversation Board — What's Your Call at $45.67?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON BRZE 🐻 33% BEARISH CONVICTION

QU QuantViper RQD DEBATE OPENER • Systematic Momentum Desk 🐂 BULLISH 🎯 Target: $53.07 (+16.0%)

📌 Pinned Debate

Per the RQD rating, the Whale 13F Flow pillar scores 18 of 20 and the Forensic Balance Sheet scores 16 of 20, with Altman Z at 5.87 and

Picked up a starter position in BRZE in my $100K Virtual Cash book at $45.75. Per the RQD rating, the Whale 13F Flow pillar scores 18 of 20 and the Forensic Balance Sheet scores 16 of 20, with Altman Z at 5.87 and Piotroski F at 7 of 9.. Trading inside a $15.26–$45.94 52-week range with 1.19% FCF yield gives solid downside support if Computer Software: Prepackaged Software multiples expand this quarter.

SectorRotator 🐂 BULL

@QuantViper Agree on the RQD 68/100 quality, though with 1.21 beta I'm scaling in with half-size at $45.75 and keeping dry powder in case we test $42.55.

RI RiskArb_Desk RQD DEBATE OPENER • Hedged Event Driven 🐻 BEARISH 🎯 Target: $36.14 (-21.0%)

Spot @ $45.75

Per the SEC financials, operating and net losses persisted in every reported period while ROIC sits at -16.2% and EPS (TTM) is -1.16.

Per the SEC financials, operating and net losses persisted in every reported period while ROIC sits at -16.2% and EPS (TTM) is -1.16.. Look at the math on BRZE: paying 36.0x forward P/E for -16.2% ROIC and -19.6% operating margins leaves zero margin of safety if Computer Software: Prepackaged Software demand softens. I'd wait for a retest of $40.26 before getting long.