Braze, Inc. (BRZE) vs SPS Commerce, Inc. (SPSC)
A side-by-side comparison of Braze, Inc. and SPS Commerce, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
BRZE
Braze, Inc.
$26.34TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT
SPSC
SPS Commerce, Inc.
$81.02TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT
Total return — BRZE vs SPSC
growth of $100 · dividends reinvested · last 5yBRZE -71.5% (-22.2%/yr)SPSC -46.2% (-11.7%/yr)SPSC compounded faster over this window
BRZE SPSC
BRZE vs SPSC: by the numbers
- •BRZE is the larger company ($2.97B vs $2.92B market cap).
- •SPSC is profitable (10.10% net margin) while BRZE runs a net loss (-13.55%).
- •BRZE grew revenue faster over the past five years (35.03% vs 17.33% CAGR).
Metrics side by side
Valuation
| Metric | BRZE | SPSC |
|---|---|---|
| P/E ratio | N/A | 39.14 |
| Forward P/E | 40.99 | 16.52 |
| PEG ratio | N/A | 2.73 |
| P/S ratio | 3.56 | 3.78 |
| P/B ratio | 4.94 | 3.11 |
| EV / EBITDA | N/A | 15.01 |
| FCF yield | 2.82% | 6.81% |
Profitability
| Metric | BRZE | SPSC |
|---|---|---|
| Gross margin | 66.30% | 69.82% |
| Operating margin | -13.36% | 15.83% |
| Net margin | -13.55% | 10.10% |
| ROE | -18.83% | 8.31% |
| ROIC | -16.36% | 9.30% |
Growth (annualized)
| Metric | BRZE | SPSC |
|---|---|---|
| Revenue CAGR (5Y) | 35.03% | 17.33% |
| EPS CAGR (5Y) | N/A | 13.78% |
| FCF CAGR (5Y) | N/A | 17.27% |
| Total return CAGR (5Y) | N/A | -12.90% |
Frequently asked
- Which has grown faster, BRZE or SPSC?
- Over the past five years, BRZE grew revenue faster — BRZE at a 35.03% CAGR versus SPSC at 17.33%.
- Is BRZE or SPSC more profitable?
- SPSC runs the higher net margin — BRZE at -13.55% versus SPSC at 10.10%.
Go deeper
Dig into the metrics
SPS Commerce P/E ratioBraze ROESPS Commerce ROEBraze operating marginSPS Commerce operating marginBraze revenue growthSPS Commerce revenue growthBraze free cash flowSPS Commerce free cash flow
Braze & SPS Commerce appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.