Description

Braze’s AWS Alliance — Can AI Adoption Unlock The Next Growth Wave?

Braze delivered its fiscal second quarter 2027 results with revenue reaching $227 million, marking a 26% year-over-year increase and an 8% sequential rise. The company reported a record free cash flow of $22 million and notable improvement in operating efficiency, achieving a non-GAAP operating margin increase of over 600 basis points compared to the prior year. Dollar-based net retention for large customers spending at least $500,000 annually rose to 112%, reflecting a positive trend in customer engagement and expansion. The customer base grew 15% year-over-year to 2,789 total customers, with large customers increasing 28% year-over-year to 361 and contributing 65% of total annual recurring revenue (ARR). Bookings were strong, driven partly by competitive takeaways from legacy marketing platforms and ongoing market share gains from vendor consolidation trends. Upsell activity was broad-based across industries and geographies.