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Braze (BRZE) Gross Margin % : 67.17% (As of Jan. 2024)


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What is Braze Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Braze's Gross Profit for the three months ended in Jan. 2024 was $88.0 Mil. Braze's Revenue for the three months ended in Jan. 2024 was $131.0 Mil. Therefore, Braze's Gross Margin % for the quarter that ended in Jan. 2024 was 67.17%.


The historical rank and industry rank for Braze's Gross Margin % or its related term are showing as below:

BRZE' s Gross Margin % Range Over the Past 10 Years
Min: 62.97   Med: 67.02   Max: 68.73
Current: 68.73


During the past 5 years, the highest Gross Margin % of Braze was 68.73%. The lowest was 62.97%. And the median was 67.02%.

BRZE's Gross Margin % is ranked better than
77.28% of 2628 companies
in the Software industry
Industry Median: 41.685 vs BRZE: 68.73

Braze had a gross margin of 67.17% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Braze was 0.00% per year.


Braze Gross Margin % Historical Data

The historical data trend for Braze's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Braze Gross Margin % Chart

Braze Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
62.97 63.71 67.02 67.41 68.73

Braze Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.13 67.88 69.18 70.66 67.17

Competitive Comparison of Braze's Gross Margin %

For the Software - Application subindustry, Braze's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Braze's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Braze's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Braze's Gross Margin % falls into.



Braze Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Braze's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=324.3 / 471.8
=(Revenue - Cost of Goods Sold) / Revenue
=(471.8 - 147.527) / 471.8
=68.73 %

Braze's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=88 / 130.957
=(Revenue - Cost of Goods Sold) / Revenue
=(130.957 - 42.992) / 130.957
=67.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Braze  (NAS:BRZE) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Braze had a gross margin of 67.17% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Braze Gross Margin % Related Terms

Thank you for viewing the detailed overview of Braze's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Braze (BRZE) Business Description

Traded in Other Exchanges
Address
330 West 34th Street, Floor 18, New York, NY, USA, 10001
Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries.
Executives
Phillip M Fernandez director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Pankaj Malik officer: Chief Accounting Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Myles Kleeger officer: Pres & Chief Customer Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Jonathan Hyman officer: Chief Technology Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Chelsea R. Stoner 10 percent owner C/O AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Susan Wiseman officer: General Counsel C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Russell L Fleischer 10 percent owner 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Battery Partners Xi Side Fund, Llc 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Michael Maurice Brown 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Isabelle Winkles officer: Chief Financial Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
William Magnuson director, officer: Chief Executive Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Scott R Tobin 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Dharmesh Thakker 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Jesse Feldman 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Fernando Machado director 5707 BLUE LAGOON DRIVE, MIAMI FL 33126