Braze
Financial Performance
Braze Revenue & Financials
Revenue
$585M (FY2024)
Market Cap
$4.3B
Employees
1,900
What is Braze's revenue?
Braze had $585M in revenue for fiscal year 2024, up 24% from 2023.
- Latest revenue
- $585M (FY2024)
- Year-over-year
- +24%
- Growth rate (CAGR)
- 35% over 3 years
- Peak revenue
- $585M (FY2024)
- Years of data
- 4
- Employees
- 1,900
- How many employees does Braze have?
- Braze has about 1,900 employees.
Financial Analysis
Braze delivers strong financial results characterized by rapid revenue expansion, expanding gross margins, and a clear trajectory toward sustained non-GAAP profitability. In fiscal 2024, Braze generated revenue of $471.8 million, up 33% year-over-year, driven by expanding enterprise customer counts and strong international adoption. Subscription revenue represented 96% of total revenue. Non-GAAP gross margin stood at an impressive 69.2%, reflecting efficient cloud infrastructure utilization across Amazon Web Services. Braze maintains a fortress balance sheet with over $480 million in cash, cash equivalents, and marketable securities with zero debt, providing substantial operational runway to invest in AI product enhancements.
Revenue Trend Analysis
YoY Change
+24%
3-Year CAGR
+35%
Peak Year
2024
Trend
Consistent Growth
Braze has 4 full fiscal year figures on this page, compounding at +35% annually over 3 years. The most recent year saw a 24% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $585M. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | $585M | +24.0% |
| FY2023 | $471.8M | +32.8% |
| FY2022 | $355.4M | +49.3% |
| FY2021 | $238M | — |
Click any row to see year details.
Keep researching Braze
Braze Revenue and Financial FAQ
What was Braze's revenue in 2024?
Braze achieved $0.58 billion in revenue for fiscal year 2024.
Is Braze profitable?
Braze's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Braze growing?
Braze has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Braze fund its capital expenditures?
Braze funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Braze's debt profile?
Braze maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Braze reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Braze Revenue & Financials." CorpDigest, https://corpdigest.com/company/braze/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Braze reported $585M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/braze/financials" target="_blank" rel="noopener">CorpDigest — Braze financials</a></div>Explore Braze
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