Braze Inc. (NASDAQ:BRZE) shares continued to surge in premarket trading on Friday after the company reported fiscal second-quarter 2026 revenue of $180.1 million, up 23.8% from $145.5 million a year earlier, beating the $170.1 million analyst estimate.
Subscription revenue reached $171.8 million, while professional services and other revenue totaled $8.3 million. The remaining performance obligations were $862.2 million, with $558.2 million currently.
The company posted a GAAP net loss of $27.9 million, or 26 cents per share, compared with a loss of $23.0 million, or 23 cents per share, in the year-ago quarter.
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Non-GAAP net income was $16.9 million, or 15 cents per diluted share, beating the 3-cent estimate and up from $9.1 million, or 9 cents per diluted share, a year earlier.
GAAP operating loss widened to $38.8 million, largely reflecting $39.5 million …