---
schema_version: "secwatch.filing_event.v1"
accession: "0001676238-23-000028"
form_type: "8-K"
ticker: "BRZE"
cik: "0001676238"
company_name: "Braze, Inc."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:18:52.632569+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Braze Q4 revenue $98.7M (+40% YoY); guides FY2024 revenue $433-438M, non-GAAP loss $(0.55-0.59)/share

## Summary
- Q4 revenue $98.7M (+40% YoY); subscription revenue $94.8M; GAAP net loss per share $(0.35), non-GAAP $(0.14).
- FY2023 revenue $355.4M (+49.3% YoY); GAAP net loss per share $(1.47), non-GAAP $(0.64).
- Dollar-based net retention 124% for trailing 12 months; total customers 1,770 (+29% YoY).
- FY2024 Q1 revenue guidance $98.5-99.5M; full year $433-438M; non-GAAP operating loss margin negative 7% or better in Q4 FY2024.
- Entered agreement to acquire North Star, exclusive reseller in Australia and New Zealand.

## SEC filing metadata
- accession: 0001676238-23-000028
- form_type: 8-K
- ticker: BRZE
- cik: 0001676238
- company_name: Braze, Inc.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1676238/000167623823000028/0001676238-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1676238/000167623823000028/brz-20230330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001676238-23-000028
- JSON: https://secwatch.observer/filing/0001676238-23-000028.json
- Plain text: https://secwatch.observer/filing/0001676238-23-000028.txt

## Key facts
- Earnings Releases
  Braze, Inc. reported the fiscal year ended January 31, 2023 results: revenue $355.4 million, EPS $(1.47). Guidance initiated.
  - Period: the fiscal year ended January 31, 2023
  - Revenue: $355.4 million
  - EPS: $(1.47)
  - Guidance: initiated
  - Result: reported results
  source text: securities was $482.7 million as of January 31, 2023 compared to $518.1 million as the fiscal year ended January 31, 2022. Fiscal Year 2023 Financial Highlights • Revenue was $355.4 million compared to $238.0 million in the fiscal year ended January 31, 2022, up 49.3% year-over year, driven primarily by new customers, upsells, and renewals. • Subscription revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1676238/000167623823000028/0001676238-23-000028-index.htm
- Earnings Releases
  Braze, Inc. reported fourth quarter of the fiscal year ended January 31, 2023 results: revenue $98.7 million, EPS $(0.35). Guidance initiated.
  - Period: fourth quarter of the fiscal year ended January 31, 2023
  - Revenue: $98.7 million
  - EPS: $(0.35)
  - Guidance: initiated
  - Result: reported results
  source text: Revenue was $98.7 million compared to $70.4 million in the fourth quarter of the fiscal year ended January 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1676238/000167623823000028/0001676238-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.