Braze, Inc.
For the period ended Jan 31, 2025. Filed Mar 31, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 31, 2025
BRZE$46.24+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at January 31, 202 and
(in thousands, except share and per share amounts)
| January 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $83,062 | $68,228 |
| Restricted cash, current | — | 3,373 |
| Accounts receivable, net of allowance of $2,563 and $2,772 at January 31, 2025 and January 31, 2024, respectively | 95,234 | 92,256 |
| Marketable securities | 430,457 | 407,898 |
| Prepaid expenses and other current assets | 35,273 | 29,366 |
| Total current assets | 644,026 | 601,121 |
| Restricted cash, noncurrent | 530 | 530 |
| Property and equipment, net | 38,550 | 29,358 |
| Operating lease right-of-use assets | 76,147 | 81,163 |
| Deferred contract costs | 76,766 | 63,661 |
| Goodwill | 28,448 | 28,448 |
| Intangible assets, net | 3,130 | 3,690 |
| Other assets | 3,401 | 2,970 |
| TOTAL ASSETS | $870,998 | $810,941 |
| LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $2,150 | $6,321 |
| Accrued expenses and other current liabilities | 64,189 | 63,264 |
| Deferred revenue | 239,976 | 204,269 |
| Operating lease liabilities, current | 18,162 | 15,585 |
| Total current liabilities | 324,477 | 289,439 |
| Operating lease liabilities, noncurrent | 69,278 | 75,027 |
| Other long-term liabilities | 2,494 | 2,050 |
| TOTAL LIABILITIES | 396,249 | 366,516 |
| COMMITMENTS AND CONTINGENCIES (Note 13) | ||
| Redeemable non-controlling interest (Note 4) | (112) | 192 |
| STOCKHOLDERS’ EQUITY | ||
| Class A common stock, $0.0001 par value; 2,000,000,000 and 2,000,000,000 shares authorized as of January 31, 2025 and January 31, 2024, respectively; 87,934,059 and 73,037,015 shares issued and outstanding as of January 31, 2025 and January 31, 2024, respectively | 8 | 7 |
| Class B common stock, $0.0001 par value; 110,000,000 and 110,000,000 shares authorized as of January 31, 2025 and January 31, 2024, respectively; 16,017,314 and 27,173,408 shares issued and outstanding as of January 31, 2025 and January 31, 2024, respectively | 2 | 3 |
| Additional paid-in capital | 1,062,613 | 928,494 |
| Accumulated other comprehensive loss | (926) | (1,178) |
| Accumulated deficit | (586,836) | (483,093) |
| TOTAL STOCKHOLDERS’ EQUITY | 474,861 | 444,233 |
| TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND STOCKHOLDERS’ EQUITY | $870,998 | $810,941 |
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