{
  "url": "https://struct.news/briefs/braze-grew-revenue-30-its-gross-margin-and-cash-conversion-slipped",
  "title": "Braze grew revenue 30%. Its gross margin and cash conversion slipped.",
  "summary": "Receivables climbed 37.6%, faster than revenue, as Braze’s three-month loss narrowed to $26.6M.",
  "published_at": "2026-09-09T10:02:11.005799+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Braze, Inc.",
    "ticker": "BRZE",
    "cik": "1676238",
    "sector": "Technology",
    "industry": "Software - Application"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-05-28",
    "accession": "0001676238-26-000027",
    "url": "https://www.sec.gov/Archives/edgar/data/1676238/000167623826000027/brze-20260430.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-06-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1676238/000167623825000079/brze-20250430.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 738182000,
      "display": "$738.2M",
      "unit": "usd",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001676238-26-000027",
        "filing_date": "2026-05-28"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 24.396622908275887,
      "display": "+24.4%",
      "unit": "percent",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001676238-26-000027",
        "filing_date": "2026-05-28"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": -19.609933593612418,
      "display": "-19.6%",
      "unit": "percent",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001676238-26-000027",
        "filing_date": "2026-05-28"
      }
    }
  ],
  "watch_next": [
    {
      "type": "backlog",
      "statement": "Deferred revenue increased from billings for new bookings and renewals, supporting operating cash flow in the period.",
      "importance": "medium",
      "evidence": "increase in deferred revenue of $38.2 million as a result of billings for new bookings and renewals.",
      "source_date": "2026-05-28"
    },
    {
      "type": "labor_costs",
      "statement": "Sales and marketing personnel and allocated overhead costs rose with increased headcount and variable compensation.",
      "importance": "medium",
      "evidence": "This increase was primarily due to an increase of $9.9 million in personnel costs and allocated overhead costs for our sales and marketing organization as a result of increased headcount and increased variable compensation for our sales personnel.",
      "source_date": "2026-05-28"
    },
    {
      "type": "dilution",
      "statement": "Diluted shares increased 5.6% in the latest annual period, adding a recurring dilution sensitivity to the loss and cash profile.",
      "importance": "medium",
      "evidence": "Diluted shares increased 5.6% in the latest annual period.",
      "source_date": "2026-05-28"
    }
  ],
  "related_tickers": [
    "BRZE"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}