Braze, Inc. (NASDAQ: BRZE) Q1 2026 Earnings Call | 6/5/2025

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Braze, Inc. (NASDAQ: BRZE) reported strong Q1 2026 results on June 5, 2025, with revenue rising 19.6% year-over-year to $162.1 million, surpassing analyst expectations and company guidance. Subscription revenue accounted for $154.9 million, up from $130.1 million a year ago, while professional services and other revenue reached $7.2 million. Non-GAAP earnings per share were $0.07, beating the $0.05 consensus, and marking the fourth consecutive quarter of non-GAAP profitability. Free cash flow more than doubled to $22.9 million, reflecting a 14.1% margin and strong operational discipline. The company’s customer base grew to 2,342, up 11% year-over-year, with large customers (over $500,000 in annual recurring revenue) increasing 24% to 262. Dollar-based net retention rate was 109% overall and 112% for large customers, with management noting some moderation from prior quarters as the business matures. Non-GAAP gross margin improved to 69.3%, up 140 basis points year-over-year, while non-GAAP operating income reached $2.8 million, a turnaround from a $10 million loss in Q1 2025. Braze completed the acquisition of OfferFit, an AI decisioning company, to accelerate innovation in personalized customer engagement. The company ended the quarter with approximately $540 million in cash and equivalents, supporting ongoing investment and global expansion. Outlook: Q2 2026 revenue guidance: $171–$172 million (18% YoY growth expected) Full-year 2026 revenue guidance raised to $702–$706 million (previously $686–$691 million) Full-year non-GAAP EPS guidance: $0.15–$0.18 Management expects OfferFit to contribute about 2% to FY26 revenue growth CEO Bill Magnuson highlighted Braze’s continued momentum in replacing legacy marketing clouds, expanding its global customer base, and leveraging AI for enhanced personalization, while acknowledging ongoing macroeconomic and regional challenges. About Inside Ticker: For more expert analysis and real-time updates on Braze, Inc. (NASDAQ: BRZE) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #Braze #BRZE #EarningsCall #Q12026 #CustomerEngagement #SaaS #AI #StockMarket #Investing #InsideTicker