Braze (BRZE) vs SPS Commerce (SPSC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Braze (BRZE) has outperformed SPS Commerce (SPSC) over the past year, gaining 3.1% versus a loss of 22.6%. Braze is the larger company by market cap ($3.23 billion vs $3.00 billion), about 1.1 times the size. On valuation, SPS Commerce trades at a lower forward P/E (15.6x vs 29.0x for Braze).
SPS Commerce converts more of its revenue into profit, with a net margin of 12.4% versus -17.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BRZE | SPSC |
|---|---|---|
| Share price | $28.46 | $83.32 |
| Market cap | $3.23B | $3.00B |
| 1-day change | 0.00% | +2.86% |
| YTD return | -17.00% | -9.12% |
| 1-year return | +3.08% | -22.55% |
| 5-year return | — | -50.29% |
| P/E ratio (TTM) | — | 40.25 |
| Forward P/E | 28.98 | 15.65 |
| EPS (TTM) | $-1.03 | $2.07 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $738.18M | $751.50M |
| Revenue growth (YoY) | +24.40% | +17.83% |
| Net income (latest FY) | $-131.29M | $93.34M |
| Gross margin | 67.15% | 69.18% |
| Operating margin | -19.61% | 15.74% |
| Net margin | -17.79% | 12.42% |
| 52-week high | $37.33 | $114.87 |
| 52-week low | $15.26 | $49.04 |
| Distance from 52-week high | -23.75% | -27.47% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +31.06% | -9.45% |
| Average volume | 2.52M | 551.37K |
| Shares outstanding | 113.58M | 36.00M |
| Employees | 1,988 | 2,948 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- BRZE has outperformed SPSC by 25.6 percentage points over the past year.
- SPS Commerce is more profitable, keeping 12.4 cents of every revenue dollar as net income versus -17.8 cents for Braze.
- Braze grew revenue faster in its latest fiscal year (+24.40% vs +17.83%).
About Braze
BRZE stock →Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide.
Technology · Computer Software: Prepackaged Software · 1,988 employees
About SPS Commerce
SPSC stock →SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States.
Technology · Computer Software: Prepackaged Software · 2,948 employees
BRZE vs SPSC FAQ
Which is bigger, Braze or SPS Commerce?
Braze (BRZE) is larger, with a market capitalization of $3.23B compared with $3.00B for SPS Commerce (SPSC).
Which stock has performed better over the past year, BRZE or SPSC?
BRZE returned +3.08% over the past 12 months, compared with -22.55% for SPSC (price return, excluding dividends). Past performance does not predict future results.
Are Braze and SPS Commerce in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.