Braze BRZE
Application Software B2B SaaS Digital Marketing Sales & Marketing Enterprise Software

Braze trades at 2.5x EV/NTM revenue on a $2.36B enterprise value. Revenue grew 26.2% year over year to $227.2M in the quarter ending July 2026, an annual run rate of $908.0M. Braze reports net dollar retention of 110%, a 66.8% gross margin, and 33.2-month CAC payback.

ARR ($M)
830
Net Dollar Retention
110%
ARR Growth
20.8%
EV / NTM Revenue
2.5x
Payback Period
33.2
EV / Run Rate
2.6x
Price & Key Metrics
Price Performance
Company Details
Share Price: 24.43
Last Filing Date: 2026-07-31
Fiscal Year End: 01-31
Last Filing: Form
Founding Year: 2011
IPO Year: 2021
% of 52 wk High: 68%
Description
Braze is a leading comprehensive customer engagement platform that powers customer-centric interactions between consumers and brands. Our platform empowers brands to listen to their customers better, understand them more deeply and act on that understanding in a way that is human and personal. Using our platform, brands ingest and process customer data in real time, orchestrate and optimize contextually relevant, cross-channel marketing campaigns and continuously evolve their customer engagement strategies.
Reporting Notes
Publishes full-time employee count and total customer count in Earnings Call under Presentation. NDR is published in 10-Qs under Expanding Within Our Existing Customer Base. ARR derived from Subscription Revenue * 4 (SR published in 10-Q).
Categories
Application Software B2B SaaS Digital Marketing Sales & Marketing Enterprise Software
Valuation
Market Cap: 2,774.868
Enterprise Value: 2,364.999
EV / Revenue Run Rate: 2.6x
EV / NTM Revenue: 2.5x
EV / 2026 Revenue Estimates: 2.7x
EV / 2027 Revenue Estimates: 2.3x
EV / 2028 Revenue Estimates: 2.0x
Key Business Metrics
Net Dollar Retention: 110%
Customers: 2789
ARR: 830
ARR Growth %: 21%
ARR/Customer ($K): 297
ARR/Employee ($K): 417
Revenue
Revenue Run Rate: 908
ARR: 830
2026 Revenue Estimates: 873
2027 Revenue Estimates: 1,030
2028 Revenue Estimates: 1,202
LTM Revenue: 834
Last Year Run Rate: 720
Growth
Revenue Growth: 26%
ARR Growth: 21%
Growth Persistence: 110%
2026 Revenue Growth Estimates: 21%
2027 Revenue Growth Estimates: 18%
2028 Revenue Growth Estimates: 17%
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Braze growing?

Braze grew revenue 26.2% year over year, reaching $227.2M in the quarter ending July 2026.

What multiple does Braze trade at?

Braze trades at 2.5x EV/NTM revenue and 2.6x EV/run-rate, on an enterprise value of $2.36B.

Is Braze profitable?

For Braze, operating income was -$18.1M last quarter and LTM free cash flow margin is 9.6%.

What is Braze's net dollar retention?

Braze reports net dollar retention of 110%, measuring revenue expansion within its existing customer base.

How long does it take Braze to pay back CAC?

Braze recovers customer acquisition cost in about 33.2 months.

What sector is Braze in?

Public Comps classifies Braze under Application Software, B2B SaaS, Digital Marketing, Sales & Marketing, and Enterprise Software.

Where does Public Comps get Braze's data?

Figures come from Braze's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.