Braze Results Presentation Deck
Financial Highlights:
• Revenue of $64.0 million, up 62.6% YoY and 14.7% sequentially
GAAP Gross margin of 70.0%, up 670 basis points YoY; non-GAAP gross margin of 70.3%, up 650 basis points YoY
Dollar-based net retention rate of 126% compared to 125% in Q2 and 124% in the prior year quarter
• GAAP operating loss of $10.4 million compared to a loss of $8.8 million in the prior year quarter; non-GAAP operating
loss of $5.0 million compared to $6.5 million in the prior year quarter
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Customer and Strategic Highlights:
Customer count increased to 1,247 as of October 31, 2021
Recognized as a Leader in "The Forrester WaveTM: Cross-Channel Campaign Management"
Continued to acquire talent, adding over 300 employees fiscal year-to-date, bringing the total team to over 1,000
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Q3'22 Results Highlights
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GAAP net loss per basic and diluted shares attributable to Braze stockholders was $0.42, compared to a loss of $0.47
in the prior year quarter; non-GAAP net loss per basic and diluted shares attributable to Braze stockholders was $0.16
compared to a loss of $0.35 in the prior year quarter
Free cash flow was $(3.5) million compared to $(6.8) million in the prior year quarter
See Appendix for GAAP to non-GAAP reconciliation
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