Braze grew revenue 26.2% and cut its operating margin loss by 13.5 pp

Braze, Inc., a US software company whose platform helps businesses reach customers with the help of AI, reported revenue of USD 227m for the quarter ended July 2026, up 26.2% on the same quarter a year earlier. The operating loss narrowed to USD 18.1m from USD 38.8m, which puts the operating margin at -8.0% against -21.5%. The net loss came to USD 18.9m. Cash rose 105.9% year on year to USD 167m, while equity stayed almost flat at USD 600m.

Software companies at this stage usually spend ahead of sales on engineering and selling. When revenue grows faster than those costs, the loss shrinks without any cut in spending. That looks like the pattern here, since the operating margin improved by 13.5 pp. The equity ratio slipped to 53.1% from 58.6%, so liabilities now make up a slightly larger share of the balance sheet. In October 2026 Kurzy.cz reported that Salesforce will acquire Braze. The quarter itself shows a loss that is still there, only much smaller.