Revenue Outpaces Expectations

Braze (NASDAQ:BRZE) reported Q4 2026 revenue of $205.17 million, a 27.9 % year‑over‑year increase, surpassing consensus by 3.52 %. The quarter’s EPS was $0.10, falling 27.85 % below the $0.12 estimate, marking the second negative surprise in four quarters. Total remaining performance obligations topped $642.1 million, above the $613.21 million average. Subscription revenue rose 25.7 % to $193.5 million, while professional‑services income jumped 80 % to $11.7 million. Dollar‑based net retention held at 109 %. GAAP gross margin narrowed to 65.5 % from 69.3 % in the prior year, and non‑GAAP net income for FY 2026 reached $42 million, up from $18 million.