Braze Income Tax Expense from 2010 to 2024

BRZE Stock  USD 40.95  0.85  2.03%   
Braze's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 2.1 M this year. During the period from 2010 to 2024 Braze Income Tax Expense annual values regression line had coefficient of variation of  92.11 and r-squared of  0.26. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
M
Current Value
2.1 M
Quarterly Volatility
582.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Braze financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Braze's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Net Interest Income of 117.1 K or Interest Income of 896.5 K, as well as many indicators such as Price To Sales Ratio of 10.68, Dividend Yield of 0.0 or PTB Ratio of 12.53. Braze financial statements analysis is a perfect complement when working with Braze Valuation or Volatility modules.
  
Check out the analysis of Braze Correlation against competitors.

Latest Braze's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Braze Inc over the last few years. It is Braze's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Braze's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Braze Income Tax Expense Regression Statistics

Arithmetic Mean632,457
Coefficient Of Variation92.11
Mean Deviation366,258
Median452,000
Standard Deviation582,529
Sample Variance339.3B
Range2.2M
R-Value0.51
Mean Square Error269.5B
R-Squared0.26
Significance0.05
Slope66,757
Total Sum of Squares4.8T

Braze Income Tax Expense History

20242.1 M
2023M
2022583 K
2021-165 K
2020537 K

About Braze Financial Statements

Braze stakeholders use historical fundamental indicators, such as Braze's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Braze investors may analyze each financial statement separately, they are all interrelated. For example, changes in Braze's assets and liabilities are reflected in the revenues and expenses on Braze's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Braze Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax ExpenseM2.1 M

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When determining whether Braze Inc is a strong investment it is important to analyze Braze's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Braze's future performance. For an informed investment choice regarding Braze Stock, refer to the following important reports:
Check out the analysis of Braze Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Braze. If investors know Braze will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Braze listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.18)
Revenue Per Share
5.348
Quarterly Revenue Growth
0.264
Return On Assets
(0.11)
Return On Equity
(0.26)
The market value of Braze Inc is measured differently than its book value, which is the value of Braze that is recorded on the company's balance sheet. Investors also form their own opinion of Braze's value that differs from its market value or its book value, called intrinsic value, which is Braze's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Braze's market value can be influenced by many factors that don't directly affect Braze's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Braze's value and its price as these two are different measures arrived at by different means. Investors typically determine if Braze is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Braze's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.