Quick Answer
Braze, Inc. reported R&D Expense of $167.14 million for fiscal year 2026.
Braze, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2026 | $167.14M | +24.8% |
| 2025 | $133.97M | +11.8% |
| 2024 | $119.86M | +23.2% |
| 2023 | $97.29M | +64.8% |
| 2022 | $59.03M | +102.1% |
| 2021 | $29.21M | +43.6% |
| 2020 | $20.34M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| October 31, 2025 | $44.07M | +34.1% | +6.8% |
| July 31, 2025 | $41.25M | +24.5% | +12.1% |
| April 30, 2025 | $36.80M | +7.1% | +12.0% |
| October 31, 2024 | $32.85M | +10.0% | -0.9% |
| July 31, 2024 | $33.14M | +13.8% | -3.6% |
| April 30, 2024 | $34.37M | +15.6% | +15.1% |
| October 31, 2023 | $29.87M | +16.8% | +2.5% |
| July 31, 2023 | $29.13M | +24.8% | -2.1% |
- Braze, Inc. showed an increase of +24.8% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2026 period, Braze, Inc.’s r&d expense has grown by 721.8% (from $20.34 million to $167.14 million).
- The most recent figure is from Braze, Inc.’s fiscal year 2026 report (Form 10-K), filed with the SEC on March 25, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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