Financial Performance - Braze's quarterly revenue run rate is $763 million [3] - Q3'26 revenue reached $1908 million, a 255% year-over-year increase [14, 22] - GAAP gross margin was 672%, a decrease of 260 basis points year-over-year, while non-GAAP gross margin was 691%, down 140 basis points year-over-year [14, 25] - The dollar-based net retention rate was 108% [4, 14, 27] - GAAP operating loss was $375 million, compared to a loss of $326 million in the prior year quarter; non-GAAP operating income was $51 million, compared to a loss of $22 million in the prior year quarter [14] - Net cash provided by operating activities was $210 million, compared to net cash used in operating activities of $114 million in the prior year quarter [14] - Free cash flow was $178 million, compared to $(142) million in the prior year quarter [14, 33] Customer Growth - The customer count increased to 2,528 as of October 31, 2025, from 2,211 in the prior year quarter, representing a 14% year-over-year growth [4, 14, 31] - Customers with over $500K ARR experienced a 29% year-over-year growth [31] Future Guidance - For Q4'26, revenue is projected to be between $1975 million and $1985 million; for the full fiscal year 2026, revenue is expected to be between $7305 million and $7315 million [38] - Non-GAAP operating income for Q4'26 is guided to be $120 million - $130 million, and for the full year, $260 million - $270 million [38]