Braze, Inc.

For the period ended Jan 31, 2026. Filed Mar 25, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Mar 25, 2026

BRZE$46.24+0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Cash Flows for the years ended

	Fiscal Year Ended January 31,
	2026	2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss (including amounts attributable to redeemable non-controlling interests)	$(130,786)	$(104,047)	$(130,429)
Adjustments to reconcile net loss to net cash provided by operating activities:
Stock-based compensation	143,738	115,140	97,232
Amortization of deferred contract costs	41,267	35,014	29,788
Depreciation and amortization	19,328	10,115	6,963
Provision for credit losses	666	2,331	2,020
Value of common stock donated to charity	3,223	3,776	3,762
Accretion of discount on marketable securities	(951)	(2,079)	(2,077)
Non-cash foreign exchange (gain) loss	(73)	(1,033)	460
Fair value adjustments to contingent consideration	—	(223)	(1,572)
Fixed asset write offs	80	488	146
Other	(144)	(152)	(495)
Changes in operating assets and liabilities:
Accounts receivable	(22,715)	(5,363)	(14,008)
Prepaid expenses and other current assets	3,569	(6,629)	(3,413)
Deferred contract costs	(65,249)	(48,171)	(45,119)
ROU assets and liabilities	(1,133)	1,939	4,275
Other assets	(1,880)	(29)	229
Accounts payable	(601)	(3,912)	3,419
Accrued expenses and other current liabilities	26,191	3,694	20,990
Deferred revenue	57,137	35,887	34,108
Other long-term liabilities	(229)	(66)	571
Net cash provided by operating activities	71,438	36,680	6,850
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash paid for acquisition, net of cash acquired	(181,854)	—	(16,319)
Purchases of property and equipment	(9,588)	(13,234)	(9,761)
Capitalized internal-use software costs	(3,776)	(3,814)	(3,574)
Purchases of marketable securities	(151,641)	(217,975)	(248,059)
Maturities of marketable securities	175,208	195,353	257,737
Return of principal on marketable securities	120,744	3,200	—
Net cash used in investing activities	(50,907)	(36,470)	(19,976)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of common stock options	15,861	6,906	7,263
Proceeds from stock associated with employee stock purchase plan	7,099	7,705	6,011
Payments of deferred purchase consideration	—	(2,916)	(165)
Net cash provided by financing activities	22,960	11,695	13,109
Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash	1,255	(444)	(475)
Net change in cash, cash equivalents, and restricted cash	44,746	11,461	(492)
Cash, cash equivalents, and restricted cash, beginning of period	83,592	72,131	72,623
Cash, cash equivalents, and restricted cash, end of period	$128,338	$83,592	$72,131

SUPPLEMENTAL CASH FLOWS DISCLOSURE

	Fiscal Year Ended January 31,
	2026	2025	2024
SUPPLEMENTAL CASH FLOW DISCLOSURE:
Cash paid for income taxes, net of refunds	$3,896	$2,945	$309
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Stock-based compensation capitalized to internal-use software	$2,073	$2,259	$2,152
Unrealized net gain on marketable investment securities	$483	$1,058	$5,416
Net change to property and equipment (included in accounts payable / accrued liabilities)	$(259)	$173	$208
Asset retirement obligation	$38	$34	$62
Common stock issuance, acquisition	$(107,629)	$—	$(6,121)
Contingent consideration, acquisition	$—	$—	$(1,795)
Indemnity escrows, acquisition	$(3,128)	$—	$(3,081)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.