Braze Inc. reported its financial results, highlighting significant growth and strategic advancements. For the first quarter of the fiscal year ending January 31, 2026, Braze achieved a non-GAAP net income per share of $0.07, with 108.0 million weighted average shares outstanding. This is a positive shift from the same quarter in the previous fiscal year, where the company reported a non-GAAP net loss per share of $0.05 with 100.8 million shares. Additionally, Braze saw an increase in net cash from operating activities, reaching $24.1 million, up from $19.4 million in the prior period. Free cash flow also improved significantly to $22.9 million from $11.4 million. The company has offered guidance for the fiscal second quarter ending July 31, 2025, with expected revenue between $171.0 million and $172.0 million, and non-GAAP net income projected to range from $2.5 million to $3.5 million. For the full fiscal year ending January 31, 2026, Braze anticipates revenue between $702.0 million and $706.0 million, with non-GAAP net income expected to be between $17.0 million and $21.0 million. In terms of business operations, Braze secured several notable new business wins, including partnerships with companies such as Beyond, Inc., Chamberlain Group, and LUSH Cosmetics. The company also completed the acquisition of AI Decisioning Engine OfferFit, enhancing its technological offerings. Braze introduced new messaging channels and hired Ed McDonnell as Chief Revenue Officer, further bolstering its leadership team. The company's sustainability efforts were recognized with the Science Based Target Initiative's approval of its emissions reduction targets. Total cash and cash equivalents, including restricted cash and marketable securities, stood at $539.8 million as of April 30, 2025, compared to $514.0 million as of January 31, 2025.
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