Braze Results Presentation Deck
14
Reconciliation of GAAP to Non-GAAP Gross Margin
Gross Profit
Plus:
GAAP to Non-GAAP Reconciliation
DOLLARS IN THOUSANDS
Stock-based compensation
expense
Employer taxes related to stock-
based compensation expense
Non-GAAP Gross Profit
GAAP Gross Margin
Non-GAAP Gross Margin
Three Months Ended April 30,
2023
$69,093
889
22
$70,004
67.9%
68.8%
2022
$51,589
920
16
$52,525
66.6%
67.8%
Reconciliation of GAAP to Non-GAAP Operating Expenses
Three Months Ended April 30,
2023
2022
$57,262
$46,044
GAAP sales and marketing expense
Less:
Stock-based compensation expense
Employer taxes related to stock-based
compensation expense
Non-GAAP sales and marketing
GAAP research and development expense
Less:
Stock-based compensation expense
Employer taxes related to stock-based
compensation expense
Non-GAAP research and development
GAAP general and administrative expense
Less:
Stock-based compensation expense
Employer taxes related to stock-based
compensation expense
1% Pledge charitable compensation expense
Acquisition related expense
Non-GAAP general and administrative
7,848
117
$49,297
$29,745
9,843
256
$19,646
$23,983
5,566
90
1,268
$17,059
5,667
167
$40,210
$21,620
6,173
127
$15,320
$23,574
4,211
65
4,260
$15,038
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