Net Loss Per Share (Tables)

3 Months Ended

Apr. 30, 2026

The following table sets forth the computation of basic and diluted net loss per share attributable to Braze, Inc. common stockholders during the periods presented (in thousands, except per share amounts):


	Three Months Ended April 30,
	2026		2025
Numerator:
Net loss attributable to Braze, Inc.	$	(26,591)	$	(35,786)
Denominator:
Weighted-average shares used to calculate net loss per share attributable to Braze, Inc. common stockholders, basic and diluted	110,797		104,572
Net loss per share attributable to Braze, Inc. common stockholders, basic and diluted	$	(0.24)	$	(0.34)

Schedule of Potentially Diluted Securities

The following outstanding shares of potentially dilutive securities have been excluded from diluted net loss per share attributable to Braze, Inc. common stockholders for the periods presented, because their inclusion would be anti-dilutive (in thousands):


	Three Months Ended April 30,
	2026	2025
Replacement shares issued in connection with acquisition	1,888	—
Options to purchase common stock	3,242	4,831
Restricted stock units and performance stock units	12,873	7,978
ESPP shares estimated to be purchased	201	142
Total	18,204	12,951