Braze, Inc. (BRZE) shares surged 19.20% in after-hours trading following the release of its fiscal fourth quarter and full-year 2026 results, which featured a significant revenue beat and optimistic forward guidance.
The customer engagement platform reported Q4 revenue of $205.2 million, a 27.9% year-over-year increase that surpassed analyst expectations of $198.2 million. The company also announced that its Board of Directors authorized a share repurchase program of up to $100 million, including a $50 million accelerated buyback, signaling confidence in its financial position and commitment to returning value to shareholders.
Looking ahead, Braze provided strong guidance for fiscal 2027, projecting revenue in the range of $884 million to $889 million, well above the consensus estimate of $858.2 million. The company's Q1 2027 revenue outlook of $204.5 million to $205.5 million also exceeded analyst expectations. This combination of robust quarterly performance, shareholder-friendly capital allocation, and upward guidance revision drove significant investor optimism in the extended session.