
• Reported GAAP EPS of -$0.29 down -70.59% YoY • Reported revenue of $205.17M up 27.91% YoY • Braze is initiating guidance for Q1 FY27 revenue of $204.5M and non-GAAP operating income of $10M, alongside full fiscal year 2027 revenue guidance of $884M.
Bullish
Braze achieved 28% revenue growth in Q4 FY26 and increased total customers to 2,609. Braze also launched new AI products and strengthened its market position in enterprise AI transformation.
Bearish
Braze experienced a decline in GAAP gross margin to 65.5% and an increased GAAP operating loss of $28.2M. Braze's dollar-based net retention rate also decreased to 109%.