Braze Results Presentation Deck
14
Reconciliation of GAAP to Non-GAAP Gross Margin
Three Months Ended April 30,
Gross Profit
Plus:
Stock-based compensation
expense
GAAP to Non-GAAP Reconciliation
DOLLARS IN THOUSANDS
Employer taxes related to stock-
based compensation expense
Non-GAAP Gross Profit
GAAP Gross Margin
Non-GAAP Gross Margin
2022
$51,589
920
16
$52,525
66.6%
67.8%
2021
$32,070
190
$32,260
67.0%
67.4%
Reconciliation of GAAP to Non-GAAP Operating Expenses
Three Months Ended April 30,
2022
2021
GAAP sales and marketing expense
Less:
Stock-based compensation expense
Employer taxes related to stock-based
compensation expense
Non-GAAP sales and marketing expense
GAAP research and development expense
Less:
Stock-based compensation expense
Employer taxes related to stock-based
compensation expense
Non-GAAP research and development
expense
GAAP general and administrative expense
Less:
Stock-based compensation expense
Employer taxes related to stock-based
compensation expense
Charitable contribution expense
Non-GAAP general and administrative
expense
$46,044
5,667
167
$40,210
$21,620
6,173
127
$15,320
$23,574
4,211
65
4,260
$15,038
$24,351
2,338
$22,013
$11,797
2,587
$9,210
$8,947
1,841
3
$7,103
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