Braze, Inc. R&D Expense History
BRZE / Information Technology|7 years of SEC 10-K data (FY2019-FY2025)
$167M in FY2025 with a 5-year CAGR of +41.7%.
Improved from $120M to $167M over the past 2 years.
At $167M, Braze, Inc.'s r&d expense ranks #137 of 254 in the Information Technology sector. R&D Expense has increased for 6 consecutive years, from $20M in FY2019 to $167M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.34 (distress zone, below 1.8 threshold)
- Negative profit margin: -16.9%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +19.8%
- 5-Year CAGR
- +41.7%
- 10-Year CAGR
- -
R&D Expense Trend
#137 of 254 in Information TechnologyTop 54% of 254This company $167.1M Sector average $1.0B
▼
-83.7% below sector average
Key Insights
- Braze, Inc.'s r&d expense has grown for 6 consecutive years.
- 5-year CAGR of +41.7%, indicating consistent growth.
- In FY2025, r&d expense increased 24.8% year-over-year.
- Ranks #137 out of 254 companies in the Information Technology sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $167.1M | +24.8% |
| FY2024 | $134.0M | +11.8% |
| FY2023 | $119.9M | +23.2% |
| FY2022 | $97.3M | +64.8% |
| FY2021 | $59.0M | +102.1% |
| FY2020 | $29.2M | +43.6% |
| FY2019 | $20.3M | - |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026