Braze (STU:K43) Gross Margin %: 65.72% (As of Apr. 2026) — Near Median


STU:K43 Braze Inc STU:K43
73 GF Score
Price €20.60
GF Value €44.78
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Braze Gross Margin %?

Braze STU:K43 +3.00% 73 Gross Margin % is 65.72% as of Apr. 2026, which is 2% below its 10-year median of 67.15. GuruFocus rates STU:K43 with a GF Score™ of 73/100 and a GF Value™ of €44.78 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,681 Software companies, Braze ranks better than 76.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Braze's Gross Profit for the three months ended in Apr. 2026 was €118.6 Mil. Braze's Revenue for the three months ended in Apr. 2026 was €180.4 Mil. Therefore, Braze's Gross Margin % for the quarter that ended in Apr. 2026 was 65.72%.


The historical rank and industry rank for Braze's Gross Margin % or its related term are showing as below:

STU:K43' s Gross Margin % Range Over the Past 10 Years
Min: 62.97   Med: 67.15   Max: 69.13
Current: 66.46


During the past 7 years, the highest Gross Margin % of Braze was 69.13%. The lowest was 62.97%. And the median was 67.15%.

STU:K43's Gross Margin % is ranked better than
76.61% of 2681 companies
in the Software industry
Industry Median: 40.41 vs STU:K43: 66.46

Braze had a gross margin of 65.72% for the quarter that ended in Apr. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Braze was 1.10% per year.


Braze  (STU:K43) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Braze had a gross margin of 65.72% for the quarter that ended in Apr. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Braze Gross Margin % Related Terms


Braze Gross Margin % Historical Data

* Premium members only.

The historical data trend for Braze's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Braze Gross Margin % Chart

Braze Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Gross Margin %
Get a 7-Day Free Trial 67.02 67.41 68.73 69.13 67.15

Braze Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.62 67.68 67.18 65.48 65.72

STU:K43 vs QNT, ALRM, NIQ: Gross Margin % Comparison

For the Software - Application subindustry, Braze's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Braze Gross Margin % vs Software Industry

For the Software industry and Technology sector, Braze's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Braze's Gross Margin % falls into.


STU:K43
73GF Score
Braze Inc STU:K43
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Braze Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Braze's Gross Margin for the fiscal year that ended in Jan. 2026 is calculated as

Gross Margin % (A: Jan. 2026 )=Gross Profit (A: Jan. 2026 ) / Revenue (A: Jan. 2026 )
=421.8 / 628.193
=(Revenue - Cost of Goods Sold) / Revenue
=(628.193 - 206.389) / 628.193
=67.15 %

Braze's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=118.6 / 180.404
=(Revenue - Cost of Goods Sold) / Revenue
=(180.404 - 61.847) / 180.404
=65.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 65.72% mean?
Braze (STU:K43) has a Gross Margin % of 65.72% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Braze and its competitors. This is near median its historical median of 67.15. Over the past decade, Braze's Gross Margin % has ranged from 62.97 to 69.13. According to the industry distribution chart, Braze ranks #627 out of 2681 companies in the Software industry, placing it in the top 23.4%.
Is Braze's Gross Margin % too high?
Braze's current Gross Margin % of 65.72% is near median its 10-year median of 67.15. Over the past 10 years, this metric has ranged from a low of 62.97 to a high of 69.13. The Software industry median Gross Margin % is 40.41. Braze's value of 65.72% is 62.6% above this industry median. Based on the distribution chart, Braze ranks #627 out of 2681 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Braze has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Braze's Gross Margin % compare to QNT and ALRM?
According to the Software industry distribution chart, Braze ranks #627 out of 2681 companies for Gross Margin %. This places Braze in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.41. Braze's value of 65.72% is 62.6% above this benchmark. Historically, Braze's own Gross Margin % has ranged from 62.97 to 69.13 over the past decade. While the company's 10-year median is 67.15 vs. the industry median of 40.41, Braze has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.41, based on 2,681 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Braze's current Gross Margin % of 65.72% is 62.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Braze and its competitors. For the Software industry, the median Gross Margin % is 40.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Braze's current Gross Margin % is 65.72%, which is near median its own 10-year median of 67.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Braze stock overvalued right now?
Based on GuruFocus' analysis, Braze (STU:K43) is currently considered Significantly Undervalued. The stock's GF Value™ is €44.78, compared to a current price of €20.60 — trading 54% below its estimated fair value. The current Gross Margin % is 65.72%, which is near median its 10-year median of 67.15 and 62.6% above the Software industry median of 40.41. Braze's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Braze (STU:K43), the current Gross Margin % is 65.72% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Braze (STU:K43) Overvalued in 2026?

Based on GuruFocus' analysis, Braze stock appears to be undervalued. The current stock price of €20.60 is trading 54% below its estimated GF Value™ of €44.78. GuruFocus considers Braze to be Significantly Undervalued.

Key valuation signals for STU:K43:

  • Gross Margin %: 65.72% (near median its 10-year median of 67.15)
  • GF Value™: €44.78 vs. price of €20.60 (54% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 62.6% above the Software median (#627 of 2681)

No single metric tells the full story. See the STU:K43 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Braze Business Description

Other Exchanges BRZE:USA1BRZE:Italy
Address 28 East 28th Street, Floor 12, 63 Madison Building, New York, NY, USA, 10016
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 the majority of its revenue from the United States.
73GF Score

Get the complete analysis for STU:K43

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€20.60
Price
€44.78
GF Value