Braze, Inc. vs The Trade Desk, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsMarketing Tech
Data as of Q3 2026
Summary Verdict
BRZE: 2—TTD: 3wins
Rule of 40
47.1BRZE
46.6TTD
check_circleBRZE leads
Revenue Growth
36.4%BRZE
16.1%TTD
check_circleBRZE leads
Gross Margin
67%BRZE
76%TTD
check_circleTTD leads
FCF Margin
10.7%BRZE
30.6%TTD
check_circleTTD leads
Operating Margin
-15.1%BRZE
15.7%TTD
check_circleTTD leads
NRR
—BRZE
—TTD
Metric
Rule of 40Efficiency score
BRZE
47.1check_circle
TTD
46.6
Revenue GrowthYoY
BRZE
36.4%check_circle
TTD
16.1%
Gross Margin% of revenue
BRZE
67%
TTD
76%check_circle
FCF MarginFree cash flow
BRZE
10.7%
TTD
30.6%check_circle
Operating MarginGAAP
BRZE
-15.1%
TTD
15.7%check_circle
NRRNet retention
BRZE
N/A
TTD
N/A
EV / RevenueValuation multiple
BRZE
4.0x
TTD
1.6xcheck_circle
Market CapUSD
BRZE
$3.3B
TTD
$5.8Bcheck_circle
ARR GrowthYoY
BRZE
N/A
TTD
N/A
CAC PaybackMonths to recover
BRZE
N/A
TTD
N/A
insights
Analysis
As of Q3 2026, Braze, Inc. trades at 4.0x EV/Revenue versus The Trade Desk, Inc. at 1.6x. On the Rule of 40, Braze, Inc. scores 47.1 compared to The Trade Desk, Inc.'s 46.6, placing Braze, Inc. ahead in operating efficiency. Gross margins stand at Braze, Inc. 67% vs The Trade Desk, Inc. 76%.
Sector Context
Both companies operate in the Marketing Tech sector. The median columns above show where each company stands relative to their peers.