Braze Q1 FY2026 rev $162.1M (+20% YoY); appoints President, hires CRO, closes OfferFit buy

Braze, Inc.

2026-Q1 EPS reported -$0.34 vs consensus $0.14 ▼ miss (-342.0%)

Revenue $162.1M (+19.6% YoY); non-GAAP net income $0.07 diluted EPS vs loss $0.05 prior year.
Non-GAAP operating income $2.8M vs loss $10.0M; free cash flow $22.9M vs $11.4M.
Dollar-based net retention 109% (down from 117%); total customers 2,342. Guidance: Q2 rev $171-172M, FY rev $702-706M.
Bill Magnuson appointed President (adds to CEO role); Ed McDonnell named CRO effective July; Kleeger resigned.
Completed acquisition of AI decisioning firm OfferFit; launched RCS and Banners messaging channels.

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Executive movements

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Role change

Bill Magnuson

President

BRZE · Braze, Inc.

Effective: 2025-06-01
Filed: Jun 05, 2025 23:59 UTC

The Company's board of directors appointed Bill Magnuson to serve as the President of the Company, effective immediately following the effectiveness of the Resignation (as defined below).

Departed

Kleeger

President and Chief Commercial Officer

BRZE · Braze, Inc.

Effective: 2025-06-01
Successor: Bill Magnuson
Filed: Jun 05, 2025 23:59 UTC

Effective June 1, 2025, Mr. Kleeger, the then President and Chief Commercial Officer of the Company, resigned from his position at the Company, in accordance with the terms of a a transition, separation and release agreement previously disclosed via a Current Report on Form 8-K

Source: SEC EDGAR

accession 0001676238-25-000077

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