Braze Q2 Revenue Jumps 26% to $227M, Guides FY27 Above $910M
BRZE sits 100% above its 52-week low of $15.26 on elevated volume (2.4× avg).
Summary
Braze delivered a strong fiscal Q2 2027: revenue rose 26.2% year-over-year to $227.2 million, non-GAAP operating income more than tripled to $22.0 million, and non-GAAP EPS hit $0.19 versus $0.15 a year ago. Free cash flow reached a record $21.7 million, up from $3.5 million. Management initiated Q3 revenue guidance of $229-230 million and raised full-year revenue guidance to $910-913 million, with non-GAAP operating income expected between $75.5-76.5 million. The company also highlighted accelerating adoption of its BrazeAI products and a new 3-year strategic collaboration with AWS. Braze lifted its full-year outlook after narrowing its second-quarter loss.
At the time of this announcement, BRZE was trading at $30.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $15.26 to $37.33. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.