Filing Flows › Comparisons › BAND vs BRZE
Bandwidth vs Braze: BAND and BRZE compared
Bandwidth is the larger company: $234M of revenue in its latest quarter (Q3 2026) against $227M for Braze (Q2 FY27). Braze is growing faster (+26% against +22% a year earlier). Bandwidth is more profitable, with an operating margin of 0.8% against -8.0%.
Where the money goes: BAND and BRZE
Bandwidth (BAND) · Q3 2026
Bandwidth, Q3 2026: revenue $234M (+22% year over year), operating margin 0.8%, net earnings $5.2M, operating cash flow $37.7M. The chart follows the revenue to costs, profit and cash.
Braze (BRZE) · Q2 FY27
Braze, Q2 FY27: revenue $227M (+26% year over year), operating margin -8.0%, net loss $18.3M, operating cash flow $24.2M. The chart follows the revenue to costs, profit and cash.
| Bandwidth (BAND) | Braze (BRZE) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 FY27 |
| Revenue | $234M | $227M |
| Revenue growth, Y/Y | +22% | +26% |
| Gross margin | 36.2% | — |
| Operating margin | 0.8% | -8.0% |
| Net earnings | $5.2M | −$18.3M |
| Net margin | 2.2% | -8.1% |
| Operating cash flow | $37.7M | $24.2M |
| Free cash flow | $33.0M | $21.7M |
| Market value | — | $3.1B |
| Analysts’ mean target | — | $47.54 |
Where the revenue comes from
Braze
- Subscription: $208M (91%)
- Professional services and other: $19.6M (9%)
Questions
Which is bigger, Bandwidth or Braze?
Bandwidth is the larger company: $234M of revenue in its latest quarter (Q3 2026) against $227M for Braze (Q2 FY27).
Is Bandwidth or Braze growing faster?
Braze is growing faster (+26% against +22% a year earlier).
Which is more profitable, Bandwidth or Braze?
Bandwidth is more profitable, with an operating margin of 0.8% against -8.0%.
More: Bandwidth earnings · how Bandwidth makes money · Braze earnings · how Braze makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Sep 9, 2026). Fiscal quarters can end on different dates. Not investment advice.