R&D expense · 2019–2025

Braze R&D expense

$167M+24.8% · FY2025

Braze (BRZE) reported $167M in R&D expense for fiscal 2025, +24.8% year on year.

$20.3M2019$29.2M2020$59.0M2021$97.3M2022$120M2023$134M2024$167M2025
Braze — R&D expense, 2019–2025
Fiscal yearR&D expenseChangeFiling
FY20252026-01-31$167M+24.8%Open →
FY20242025-01-31$134M+11.8%Open →
FY20232024-01-31$120M+23.2%Open →
FY20222023-01-31$97.3M+64.8%Open →
FY20212022-01-31$59.0M+102.1%Open →
FY20202021-01-31$29.2M+43.6%Open →
FY20192020-01-31$20.3M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2019–2025 compound annual growth +42.1%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Braze R&D expense |url=https://companiesranked.com/en/company/braze/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Braze R&D expense. CompaniesRanked. https://companiesranked.com/en/company/braze/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-braze-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Braze R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/braze/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001676238-26-000013 · March 25, 2026

{{cite web |title=Braze R&D expense — 10-K (0001676238-26-000013) |url=https://www.sec.gov/Archives/edgar/data/1676238/000167623826000013/brze-20260131.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-25}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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