Braze Inc
NASDAQ:BRZE
Income Statement
Earnings Waterfall
Braze Inc
Income Statement
Braze Inc
| Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Jan-2025 | Apr-2025 | Jul-2025 | Oct-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Revenue |
150
N/A
|
166
+11%
|
186
+12%
|
211
+13%
|
238
+13%
|
268
+12%
|
298
+11%
|
327
+10%
|
355
+9%
|
380
+7%
|
409
+8%
|
440
+8%
|
472
+7%
|
505
+7%
|
536
+6%
|
564
+5%
|
593
+5%
|
620
+4%
|
655
+6%
|
693
+6%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(55)
|
(59)
|
(64)
|
(69)
|
(79)
|
(89)
|
(97)
|
(107)
|
(116)
|
(123)
|
(131)
|
(138)
|
(148)
|
(159)
|
(167)
|
(177)
|
(183)
|
(190)
|
(204)
|
(221)
|
|
| Gross Profit |
96
N/A
|
108
+12%
|
122
+13%
|
142
+16%
|
160
+13%
|
179
+12%
|
201
+12%
|
220
+10%
|
240
+9%
|
257
+7%
|
278
+8%
|
302
+8%
|
324
+8%
|
346
+7%
|
369
+6%
|
387
+5%
|
410
+6%
|
431
+5%
|
450
+5%
|
472
+5%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(128)
|
(145)
|
(166)
|
(188)
|
(238)
|
(284)
|
(328)
|
(374)
|
(388)
|
(408)
|
(429)
|
(451)
|
(463)
|
(489)
|
(504)
|
(520)
|
(529)
|
(542)
|
(571)
|
(597)
|
|
| Selling, General & Administrative |
(99)
|
(111)
|
(126)
|
(143)
|
(179)
|
(215)
|
(248)
|
(281)
|
(291)
|
(302)
|
(317)
|
(335)
|
(349)
|
(365)
|
(375)
|
(389)
|
(398)
|
(416)
|
(439)
|
(455)
|
|
| Research & Development |
(29)
|
(34)
|
(40)
|
(45)
|
(59)
|
(69)
|
(81)
|
(93)
|
(97)
|
(105)
|
(111)
|
(115)
|
(120)
|
(124)
|
(129)
|
(131)
|
(134)
|
(136)
|
(145)
|
(156)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(0)
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
4
|
11
|
13
|
13
|
|
| Operating Income |
(32)
N/A
|
(38)
-18%
|
(45)
-17%
|
(46)
-4%
|
(78)
-70%
|
(105)
-34%
|
(128)
-22%
|
(154)
-21%
|
(148)
+4%
|
(150)
-2%
|
(151)
0%
|
(149)
+1%
|
(138)
+7%
|
(143)
-3%
|
(135)
+5%
|
(133)
+2%
|
(118)
+11%
|
(111)
+6%
|
(121)
-8%
|
(125)
-4%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
1
|
0
|
(0)
|
(1)
|
(0)
|
0
|
3
|
6
|
9
|
12
|
13
|
15
|
16
|
17
|
18
|
19
|
20
|
21
|
20
|
18
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(4)
|
(11)
|
(13)
|
(13)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Pre-Tax Income |
(31)
N/A
|
(38)
-19%
|
(45)
-19%
|
(47)
-4%
|
(78)
-68%
|
(105)
-34%
|
(126)
-20%
|
(150)
-19%
|
(140)
+6%
|
(139)
+1%
|
(137)
+1%
|
(133)
+3%
|
(128)
+4%
|
(125)
+3%
|
(116)
+7%
|
(113)
+3%
|
(101)
+11%
|
(100)
+0%
|
(113)
-12%
|
(119)
-6%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
1
|
0
|
0
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
4
|
3
|
|
| Income from Continuing Operations |
(32)
|
(38)
|
(45)
|
(46)
|
(78)
|
(105)
|
(125)
|
(150)
|
(141)
|
(140)
|
(139)
|
(136)
|
(130)
|
(127)
|
(118)
|
(116)
|
(104)
|
(104)
|
(109)
|
(116)
|
|
| Income to Minority Interest |
0
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(1)
|
|
| Net Income (Common) |
(32)
N/A
|
(38)
-18%
|
(44)
-18%
|
(44)
+0%
|
(77)
-74%
|
(103)
-34%
|
(124)
-20%
|
(149)
-20%
|
(139)
+6%
|
(138)
+1%
|
(137)
+1%
|
(134)
+2%
|
(129)
+4%
|
(126)
+2%
|
(118)
+7%
|
(115)
+2%
|
(104)
+10%
|
(104)
0%
|
(109)
-5%
|
(117)
-7%
|
|
| EPS (Diluted) |
-0.35
N/A
|
-0.42
-20%
|
-0.5
-19%
|
-0.5
N/A
|
-0.83
-66%
|
-1.1
-33%
|
-1.31
-19%
|
-1.57
-20%
|
-1.47
+6%
|
-1.45
+1%
|
-1.43
+1%
|
-1.37
+4%
|
-1.32
+4%
|
-1.25
+5%
|
-1.18
+6%
|
-1.14
+3%
|
-1.02
+11%
|
-1.01
+1%
|
-1.01
N/A
|
-1.1
-9%
|
|