secwatch.observer — SEC 8-K summary
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Issuer:     Braze, Inc. (BRZE)
CIK:        0001676238
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001676238-25-000077
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1676238/000167623825000077/0001676238-25-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1676238/000167623825000077/brz-20250601.htm
  HTML page:      https://secwatch.observer/filing/0001676238-25-000077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer