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Braze Valuation Multiples
Discover revenue and EBITDA valuation multiples for Braze and similar public comparables like Freshworks, SEMrush, SoundHound, ZoomInfo and more.
Braze Overview
About Braze
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. The company offers a single, vertically integrated platform that encompasses the various functionalities, or layers, required for modern customer engagement: data ingestion, classification, orchestration, personalization, and action, all of which is supported by Sage AI by Braze, its AI engine designed to power AI functionality across all layers of this stack. It generates majority of its revenue from the United States.
Founded
2011
HQ

Employees
1.7K
Website
Financials (LTM)
EV
$2B
Braze Financials
Braze reported last 12-month revenue of $768M and EBITDA of $51M.
In the same LTM period, Braze generated $526M in gross profit, $51M in EBITDA, and $48M in net income.
Revenue (LTM)
Braze P&L
In the most recent fiscal year, Braze reported revenue of $738M and EBITDA of $43M.
Braze expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $768M | XXX | $738M | XXX | XXX | XXX |
| Gross Profit | $526M | XXX | $496M | XXX | XXX | XXX |
| Gross Margin | 68% | XXX | 67% | XXX | XXX | XXX |
| EBITDA | $51M | XXX | $43M | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 6% | XXX | XXX | XXX |
| EBIT Margin | 5% | XXX | 4% | XXX | XXX | XXX |
| Net Profit | $48M | XXX | $42M | XXX | XXX | XXX |
| Net Margin | 6% | XXX | 6% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Braze Stock Performance
Braze has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
Braze's stock price is $20.61.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | 8.6% | XXX | XXX | XXX | $0.37 |
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Start Free TrialBraze Valuation Multiples
Braze trades at 2.6x EV/Revenue multiple, and 39.3x EV/EBITDA.
EV / Revenue (LTM)
Braze Financial Valuation Multiples
As of April 14, 2026, Braze has market cap of $2B and EV of $2B.
Equity research analysts estimate Braze's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Braze has a P/E ratio of 48.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 2.6x | XXX | 2.7x | XXX | XXX | XXX |
| EV/EBITDA | 39.3x | XXX | 46.3x | XXX | XXX | XXX |
| EV/EBIT | 54.2x | XXX | 70.6x | XXX | XXX | XXX |
| EV/Gross Profit | 3.8x | XXX | 4.1x | XXX | XXX | XXX |
| P/E | 48.8x | XXX | 55.8x | XXX | XXX | XXX |
| EV/FCF | 31.6x | XXX | 34.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Braze Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Braze Margins & Growth Rates
Braze's revenue in the last 12 month grew by 19%.
Braze's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.4M for the same period.
Braze's rule of 40 is 28% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Braze's rule of X is 59% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Braze Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 19% | XXX | 20% | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Growth | 79% | XXX | 89% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 28% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 59% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 37% | XXX | 44% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 12% | XXX | 20% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 15% | XXX | 23% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 87% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Braze Public Comps
See public comps and valuation multiples for other Sales & Marketing Automation Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Braze | XXX | XXX | XXX | XXX | XXX | XXX |
| Freshworks | XXX | XXX | XXX | XXX | XXX | XXX |
| SEMrush | XXX | XXX | XXX | XXX | XXX | XXX |
| SoundHound | XXX | XXX | XXX | XXX | XXX | XXX |
| ZoomInfo | XXX | XXX | XXX | XXX | XXX | XXX |
| Sprinklr | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Braze M&A Activity
Braze acquired XXX companies to date.
Last acquisition by Braze was on XXXXXXXX, XXXXX. Braze acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Braze
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialBraze Investment Activity
Braze invested in XXX companies to date.
Braze made its latest investment on XXXXXXXX, XXXXX. Braze invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Braze
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Braze
| When was Braze founded? | Braze was founded in 2011. |
| Where is Braze headquartered? | Braze is headquartered in United States. |
| How many employees does Braze have? | As of today, Braze has over 1K employees. |
| Who is the CEO of Braze? | Braze's CEO is William Magnuson. |
| Is Braze publicly listed? | Yes, Braze is a public company listed on Nasdaq. |
| What is the stock symbol of Braze? | Braze trades under BRZE ticker. |
| When did Braze go public? | Braze went public in 2021. |
| Who are competitors of Braze? | Braze main competitors are Freshworks, SEMrush, SoundHound, ZoomInfo. |
| What is the current market cap of Braze? | Braze's current market cap is $2B. |
| What is the current revenue of Braze? | Braze's last 12 months revenue is $768M. |
| What is the current revenue growth of Braze? | Braze revenue growth (NTM/LTM) is 19%. |
| What is the current EV/Revenue multiple of Braze? | Current revenue multiple of Braze is 2.6x. |
| Is Braze profitable? | Yes, Braze is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Braze? | Braze's last 12 months EBITDA is $51M. |
| What is Braze's EBITDA margin? | Braze's last 12 months EBITDA margin is 7%. |
| What is the current EV/EBITDA multiple of Braze? | Current EBITDA multiple of Braze is 39.3x. |
| What is the current FCF of Braze? | Braze's last 12 months FCF is $64M. |
| What is Braze's FCF margin? | Braze's last 12 months FCF margin is 8%. |
| What is the current EV/FCF multiple of Braze? | Current FCF multiple of Braze is 31.6x. |
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