Braze, Inc.

T here have been no material changes to our significant accounting policies with the exception of the below: Stock Repurchases 15 Table of Contents The Company elected to record the excess of the repurchase price over the par value of the repurchased shares of its Class A common stock in additional paid-in capital, subject to limitations, along with the associated transaction costs.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

Immediately upon repurchase, the shares are retired and returned to the status of authorized and unissued.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

The amendments address five specific areas, including expanding the hedged risks permitted to be aggregated in groups of forecasted transactions, introducing an optional model for hedging choose-your-rate debt instruments, expanding hedge accounting for forecasted purchases and sales of nonfinancial assets, eliminating the net written option test in certain instances, and eliminating recognition and presentation mismatches for dual hedge strategies.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

government securities $ 147,406 $ $ $ 147,406 Corporate debt securities 95,693 95,693 Total marketable securities 147,406 95,693 243,099 Derivative instruments Cash flow hedges $ $ 104 $ $ 104 Total financial assets $ 209,357 $ 95,797 $ $ 305,154 Liabilities: Derivative instruments Cash flow hedges $ $ ( 16 ) $ $ ( 16 ) Total liabilities $ $ ( 16 ) $ $ ( 16 ) 19 Table of Contents January 31, 2026 Level 1 Level 2 Level 3 Total Financial assets: Cash equivalents Money market funds $ 39,538 $ $ $ 39,538 U.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

government securities $ 189,238 $ $ $ 189,238 Corporate debt securities 98,342 98,342 Total marketable securities 189,238 98,342 287,580 Derivative instruments Cash flow hedges $ $ 409 $ $ 409 Total financial assets $ 231,776 $ 98,751 $ $ 330,527 Liabilities: Derivative instruments Cash flow hedges $ $ ( 25 ) $ $ ( 25 ) Total liabilities $ $ ( 25 ) $ $ ( 25 ) Our money market funds and financial instruments are classified as Level 1 within the fair value hierarchy, because they are valued using quoted prices in active markets as of July 31, 2026 and January 31, 2026.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

government securities $ 147,793 $ 52 $ ( 439 ) $ 147,406 Corporate debt securities 95,978 59 ( 344 ) 95,693 Total $ 243,771 $ 111 $ ( 783 ) $ 243,099 January 31, 2026 Cost or Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Total Estimated Fair Value U.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

Looking ahead, Braze is focused on AI solutions that will empower brands to transform the customer engagement experience for marketers and end users alike, driving high ROI for our customers and Braze.

SEC original ↗Braze, Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025

Braze s calculation of ARR is not adjusted for the impact of any known or projected future events (such as customer cancellations, expansion or contraction of existing customers relationships or price increases or decreases) that may cause any such contract not to be renewed on its existing terms.

SEC original ↗Braze, Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025

Current Period ARR includes any expansion and is net of contraction or attrition over the last 12 months, but excludes ARR from new customers in the current period.

SEC original ↗Braze, Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025

All statements other than statements of historical facts contained in this Quarterly Report on Form 10-Q, including statements regarding our future results of operations or financial condition, business strategy, and plans and objectives of management for future operations, are forward-looking statements.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

The amendments address five specific areas, including expanding the hedged risks permitted to be aggregated in groups of forecasted transactions, introducing an optional model for hedging choose-your-rate debt instruments, expanding hedge accounting for forecasted purchases and sales of nonfinancial assets, eliminating the net written option test in certain instances, and eliminating recognition and presentation mismatches for dual hedge strategies.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

Forward-looking statements are based on Braze s current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause Braze s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.

SEC original ↗Braze, Inc. — Earnings release (8-K exhibit)EX-99Sep 4, 2025

Legal Proceedings 46 Item 1A.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

Exhibits 77 2 Table of Contents SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements about us and our industry that involve substantial risks and uncertainties.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

The outcome of the events described in these forward-looking statements is subject to risks, uncertainties and other factors described in the section titled Risk Factors and elsewhere in this Quarterly Report on Form 10-Q.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this report.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026

Certain of our operational metrics are subject to inherent challenges in measurement, and any real or perceived inaccuracies in such metrics may adversely affect our business and reputation under our Risk Factors discussion for more information on the inherent limitations to these metrics.

SEC original ↗Braze, Inc. — 10-Q Quarterly report10-QSep 9, 2026