Filing Flows › Braze (BRZE) › Q1 FY27 › vs Q1 FY26
Braze (BRZE) Q1 FY27 vs Q1 FY26 (year over year)
Braze's revenue rose $48.9M (+30%) from $162M in Q1 FY26 to $211M in Q1 FY27. The biggest changes: Subscription +$40.3M (+26%); Professional services and other +$8.7M (+121%).
Braze, Q1 FY27: revenue $211M (+30% year over year), operating margin -13.0%, net loss $25.5M, operating cash flow $28.1M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 13.3% | 14.8% | -1.5 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Subscription | $195M | $155M | $40.3M | +26% |
| Professional services and other | $15.8M | $7.2M | $8.7M | +121% |
| Revenue | $211M | $162M | $48.9M | +30% |
| Other income, net | $3.5M | $5.7M | −$2.2M | -39% |
| Net loss | $25.5M | $35.6M | −$10.1M | -28% |
| Costs & expenses | $240M | $203M | $36.6M | +18% |
| Operating costs | $239M | $202M | $36.2M | +18% |
| Income tax | $1.4M | $1.1M | $357K | +33% |
| Cost of revenue | $72.3M | $50.9M | $21.5M | +42% |
| Research & development | $46.1M | $36.8M | $9.3M | +25% |
| Sales & marketing | $89.2M | $74.1M | $15.1M | +20% |
| General & admin | $30.9M | $40.5M | −$9.6M | -24% |
| Operating cash sources | $53.6M | $59.8M | −$6.2M | -10% |
| Depreciation & amortization | $6.3M | $2.6M | $3.7M | +141% |
| Share-based compensation | $35.8M | $30.6M | $5.2M | +17% |
| Working capital & other | $11.5M | $26.5M | −$15.0M | -57% |
| Net loss absorbed | $25.5M | $35.6M | −$10.1M | -28% |
| Operating cash flow | $28.1M | $24.1M | $4.0M | +16% |
| Free cash flow (OCF − capex) | $28.0M | $23.9M | $4.1M | +17% |
| Capital expenditures | $108K | $217K | −$109K | -50% |
Questions
How much did Braze's revenue grow year over year in Q1 FY27?
Braze's revenue rose $48.9M (+30%) from $162M in Q1 FY26 to $211M in Q1 FY27.
What drove Braze's revenue change in Q1 FY27?
Subscription +$40.3M (+26%); Professional services and other +$8.7M (+121%).