Braze, Inc. (NASDAQ: BRZE) surged 8.38% in extended trading following the release of its fiscal third-quarter 2026 results, which exceeded analyst expectations and included an upward revision to its full-year guidance.
The customer engagement platform reported Q3 revenue of $190.84 million, beating the consensus estimate of $184.08 million. Adjusted earnings per share matched expectations at $0.06. The company also raised its fiscal 2026 revenue guidance to $730.5-$731.5 million (vs. $717.7 million estimate) and adjusted EPS guidance to $0.42-$0.43 (vs. $0.41 estimate).
CEO Bill Magnuson highlighted "25.5% revenue growth and strong profitability" as evidence of the company's business model strength. The results were driven by new customers, upsells, and renewals, with large customers growing by 29% year-over-year.
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