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Braze Posts Faster Growth, $100 Million Buyback as AI Tools Go Live

The update signals steadier growth despite pressure on margins from premium messaging and hosting.

Overview

  • Revenue reached $205.2 million in Q4, up about 28% year over year, with total remaining performance obligations above $1 billion.
  • AI products moved into general use, with Decisioning Studio contributing $5.7 million in quarterly revenue.
  • Management guided fiscal 2027 revenue to $884 million to $889 million with about an 8% non-GAAP operating margin.
  • The board authorized a $100 million share repurchase with roughly $50 million set for an accelerated program.
  • Shares jumped more than 20% in early trading after the report, as several banks raised targets into the $30 to $40 range.