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Klaviyo, Inc. (KVYO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Klaviyo, Inc. (KVYO) stock price & volume — 10-year historical chart
Klaviyo, Inc. (KVYO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Klaviyo, Inc. (KVYO) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 10, 2026 | $0.19vs $0.17+11.8% | $350Mvs $334M+4.9% |
| Q4 2025 | Nov 5, 2025 | $0.18vs $0.14+28.9% | $311Mvs $300M+3.5% |
| Q3 2025 | Aug 5, 2025 | $0.16vs $0.13+23.1% | $293Mvs $279M+5.2% |
| Q2 2025 | May 6, 2025 | $0.14vs $0.12+16.7% | $280Mvs $268M+4.4% |
Klaviyo, Inc. (KVYO) competitors in Data platforms, integration and analytics — business model, growth, and fundamentals comparison
Klaviyo, Inc. (KVYO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Klaviyo, Inc. (KVYO) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 290.64M | 472.75M | 698.1M | 937.46M | 1.23B | 1.31B |
| Revenue Growth % | - | 62.66% | 47.67% | 34.29% | 31.63% | 30.27% |
| Cost of Goods Sold | 84.7M | 128.03M | 177.89M | 221.31M | 312.52M | 333.94M |
| COGS % of Revenue | 29.14% | 27.08% | 25.48% | 23.61% | 25.33% | - |
| Gross Profit | 205.94M▲ 0% | 344.72M▲ 67.4% | 520.21M▲ 50.9% | 716.16M▲ 37.7% | 921.5M▲ 28.7% | 978.26M▲ 0% |
| Gross Margin % | 70.86% | 72.92% | 74.52% | 76.39% | 74.67% | 74.55% |
| Gross Profit Growth % | - | 67.39% | 50.91% | 37.67% | 28.67% | - |
| Operating Expenses | 285.18M | 399.76M | 850.83M | 800.24M | 989.25M | 1.02B |
| OpEx % of Revenue | 98.12% | 84.56% | 121.88% | 85.36% | 80.17% | - |
| Selling, General & Admin | 219.58M | 295.68M | 588.66M | 561.78M | 698.04M | 718.63M |
| SG&A % of Revenue | 75.55% | 62.55% | 84.32% | 59.93% | 56.57% | - |
| Research & Development | 65.6M | 104.08M | 262.18M | 238.46M | 291.21M | 301.89M |
| R&D % of Revenue | 22.57% | 22.02% | 37.56% | 25.44% | 23.6% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -79.23M▲ 0% | -55.04M▲ 30.5% | -330.62M▼ 500.7% | -84.08M▲ 74.6% | -67.76M▲ 19.4% | -42.26M▲ 0% |
| Operating Margin % | -27.26% | -11.64% | -47.36% | -8.97% | -5.49% | -3.22% |
| Operating Income Growth % | - | 30.54% | -500.74% | 74.57% | 19.41% | - |
| EBITDA | -73.96M | -46M | -316.97M | -66.36M | -49.16M | -28.45M |
| EBITDA Margin % | -25.45% | -9.73% | -45.4% | -7.08% | -3.98% | -2.17% |
| EBITDA Growth % | - | 37.81% | -589.13% | 79.06% | 25.92% | 57.68% |
| D&A (Non-Cash Add-back) | 5.27M | 9.04M | 13.65M | 17.72M | 18.6M | 13.82M |
| EBIT | -79.07M | -55.04M | -330.62M | -84.08M | -67.76M | -44.01M |
| Net Interest Income | 131K | 5.54M | 24.05M | 39.58M | 39.4M | 30.14M |
| Interest Income | 139K | 5.54M | 24.05M | 39.58M | 39.4M | 39.55M |
| Interest Expense | 8K | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 159K | 5.93M | 23.58M | 40.4M | 37.24M | 37.62M |
| Pretax Income | -79.07M▲ 0% | -49.11M▲ 37.9% | -307.04M▼ 525.2% | -43.68M▲ 85.8% | -30.52M▲ 30.1% | -4.64M▲ 0% |
| Pretax Margin % | -27.21% | -10.39% | -43.98% | -4.66% | -2.47% | -0.35% |
| Income Tax | 319K | 83K | 1.19M | 2.46M | 1.25M | 4M |
| Effective Tax Rate % | -0.4% | -0.17% | -0.39% | -5.64% | -4.1% | -86.11% |
| Net Income | -79.39M▲ 0% | -49.19M▲ 38.0% | -308.23M▼ 526.6% | -46.14M▲ 85.0% | -31.77M▲ 31.2% | -8.64M▲ 0% |
| Net Margin % | -27.32% | -10.41% | -44.15% | -4.92% | -2.57% | -0.66% |
| Net Income Growth % | - | 38.04% | -526.58% | 85.03% | 31.15% | 81.75% |
| Net Income (Continuing) | -79.39M | -49.19M | -308.23M | -46.14M | -31.77M | -8.64M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.32▲ 0% | -0.20▲ 37.5% | -1.27▼ 535.0% | -0.17▲ 86.6% | -0.11▲ 35.3% | -0.03▲ 0% |
| EPS Growth % | - | 37.5% | -535% | 86.61% | 35.29% | 80.59% |
| EPS (Basic) | -0.32 | -0.20 | -1.27 | -0.17 | -0.11 | - |
| Diluted Shares Outstanding | 251.86M | 251.86M | 242.89M | 266.34M | 290.9M | 305.8M |
| Basic Shares Outstanding | 251.86M | 251.86M | 242.89M | 266.34M | 290.9M | 304.34M |
| Dividend Payout Ratio | - | - | - | - | - | - |
Klaviyo, Inc. (KVYO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 356.1M | 427.5M | 803.49M | 979.75M | 1.21B | 1.15B |
| Cash & Short-Term Investments | 327.91M | 385.82M | 738.56M | 881.47M | 1.06B | 984.59M |
| Cash Only | 327.91M | 385.82M | 738.56M | 881.47M | 1.06B | 984.59M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 6.29M | 10.72M | 23.08M | 43.09M | 60.71M | 72.3M |
| Days Sales Outstanding | 7.9 | 8.28 | 12.07 | 16.78 | 17.96 | 17.6 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - |
| Other Current Assets | 21.9M | 30.96M | 41.85M | 55.18M | 80.49M | 89.6M |
| Total Non-Current Assets | 108.34M | 201.58M | 285.56M | 293.56M | 374.53M | 377.13M |
| Property, Plant & Equipment | 89.74M | 91.53M | 80.44M | 91.12M | 181.47M | 180.59M |
| Fixed Asset Turnover | 3.24x | 5.16x | 8.68x | 10.29x | 6.80x | 7.86x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 686K | 0 | 0 | 738K |
| Other Non-Current Assets | 18.6M | 110.04M | 204.44M | 202.44M | 193.06M | 775.27M |
| Total Assets | 464.45M▲ 0% | 629.08M▲ 35.4% | 1.09B▲ 73.1% | 1.27B▲ 16.9% | 1.58B▲ 24.1% | 1.52B▲ 0% |
| Asset Turnover | 0.63x | 0.75x | 0.64x | 0.74x | 0.78x | 0.88x |
| Asset Growth % | - | 35.45% | 73.12% | 16.92% | 24.13% | 81.58% |
| Total Current Liabilities | 76.99M | 84.99M | 130.62M | 199.89M | 282.23M | 271.05M |
| Accounts Payable | 31.82M | 8.89M | 13.6M | 14.58M | 29.07M | 21.61M |
| Days Payables Outstanding | 137.14 | 25.35 | 27.9 | 24.05 | 33.95 | 25.71 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 24.76M | 23.97M |
| Deferred Revenue (Current) | 15.09M | 25.11M | 46.76M | 64.5M | 103.25M | 385.38M |
| Other Current Liabilities | 9.16M | 16.93M | 20.1M | 56.88M | 125.16M | 135.58M |
| Current Ratio | 4.63x | 5.03x | 6.15x | 4.90x | 4.27x | 4.27x |
| Quick Ratio | 4.63x | 5.03x | 6.15x | 4.90x | 4.27x | 4.27x |
| Cash Conversion Cycle | - | - | - | - | - | -8.11 |
| Total Non-Current Liabilities | 2.62B | 1.58B | 43.66M | 39.43M | 101.81M | 99.11M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 95.99M | 93.24M |
| Capital Lease Obligations | 56.36M | 47.54M | 37.5M | 32.45M | 0 | 169M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.57B | 1.53B | 6.16M | 6.98M | 5.82M | -63.82M |
| Total Liabilities | 2.7B | 1.67B | 174.27M | 239.32M | 384.04M | 370.16M |
| Total Debt | 65.47M | 62.41M | 51.58M | 53.44M | 120.75M | 117.21M |
| Net Debt | -262.44M | -323.41M | -686.98M | -828.03M | -944.13M | -867.38M |
| Debt / Equity | - | - | 0.06x | 0.05x | 0.10x | 0.10x |
| Debt / EBITDA | - | - | - | - | - | -4.12x |
| Net Debt / EBITDA | - | - | - | - | - | 30.49x |
| Interest Coverage | -9883.25x | - | - | - | - | - |
| Total Equity | -2.24B▲ 0% | -1.04B▲ 53.7% | 914.78M▲ 188.3% | 1.03B▲ 13.0% | 1.2B▲ 15.7% | 1.15B▲ 0% |
| Equity Growth % | - | 53.66% | 188.28% | 13.03% | 15.72% | 48.66% |
| Book Value per Share | -8.88 | -4.11 | 3.77 | 3.88 | 4.11 | 3.77 |
| Total Shareholders' Equity | -2.24B | -1.04B | 914.78M | 1.03B | 1.2B | 1.15B |
| Common Stock | 162K | 171K | 260K | 273K | 144K | 144K |
| Retained Earnings | -2.24B | -2.29B | -799.04M | -845.18M | -876.95M | -867.91M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Klaviyo, Inc. (KVYO) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | -22.74M | -23.55M | 119.37M | 165.96M | 218.01M | 218.01M |
| Operating CF Margin % | -7.82% | -4.98% | 17.1% | 17.7% | 17.67% | - |
| Operating CF Growth % | - | -3.58% | 606.84% | 39.02% | 31.37% | 271.15% |
| Net Income | -79.39M | -49.19M | -308.23M | -46.14M | -31.77M | -8.64M |
| Depreciation & Amortization | 5.27M | 9.04M | 13.65M | 17.72M | 18.6M | 20.15M |
| Stock-Based Compensation | 35.25M | 6.8M | 340.8M | 135.21M | 162.03M | 165.51M |
| Deferred Taxes | 0 | 0 | -3.23M | 559K | -3.06M | -1.56M |
| Other Non-Cash Items | 14.34M | 45.29M | 82.31M | 86.32M | 109.83M | 58.18M |
| Working Capital Changes | 1.79M | -35.49M | -5.92M | -27.71M | -37.62M | 4.29M |
| Change in Receivables | -5.09M | -5.16M | -12.88M | -20.76M | -19.66M | -19.26M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 23.9M | -21.11M | 4.5M | 113K | 12.03M | 7.01M |
| Cash from Investing | -14.23M | -18.75M | -9.36M | -17.23M | -30.5M | -38.47M |
| Capital Expenditures | -13.02M | -15.82M | -3.65M | -5.92M | -9.48M | -413K |
| CapEx % of Revenue | 4.48% | 3.35% | 0.52% | 0.63% | 0.77% | - |
| Acquisitions | 0 | -500K | 0 | 0 | -2.03M | 0 |
| Investments | - | - | - | - | - | - |
| Other Investing | -1.21M | -2.42M | -5.71M | -11.3M | -18.98M | -38.06M |
| Cash from Financing | 211.26M | 101.3M | 242.73M | -5.8M | -4.49M | -103.3M |
| Debt Issued (Net) | -16K | -21K | -21K | -19K | 0 | 0 |
| Equity Issued (Net) | 205.31M | 101.32M | 324.37M | 17.89M | 13.49M | 9.15M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -140.41M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 5.96M | 0 | -81.63M | -23.66M | -17.98M | -112.44M |
| Net Change in Cash | 174.29M▲ 0% | 59M▼ 66.1% | 352.74M▲ 497.8% | 142.93M▼ 59.5% | 183.03M▲ 28.1% | 96.16M▲ 0% |
| Free Cash Flow | -36.97M▲ 0% | -41.8M▼ 13.1% | 110.01M▲ 363.2% | 148.73M▲ 35.2% | 189.54M▲ 27.4% | 223.59M▲ 0% |
| FCF Margin % | -12.72% | -8.84% | 15.76% | 15.87% | 15.36% | 17.04% |
| FCF Growth % | - | -13.06% | 363.21% | 35.19% | 27.44% | 68.88% |
| FCF per Share | -0.15 | -0.17 | 0.45 | 0.56 | 0.65 | 0.65 |
| FCF Conversion (FCF/Net Income) | 0.29x | 0.48x | -0.39x | -3.60x | -6.86x | -25.88x |
| Interest Paid | 8K | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 70K | 204K | 283K | 4.69M | 6.54M | 6.46M |
Klaviyo, Inc. (KVYO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -33.69% | -4.74% | -2.85% | -0.75% |
| Return on Invested Capital (ROIC) | - | -108.86% | -29.08% | -22.17% | -22.17% |
| Gross Margin | 72.92% | 74.52% | 76.39% | 74.67% | 74.55% |
| Net Margin | -10.41% | -44.15% | -4.92% | -2.57% | -0.66% |
| Debt / Equity | - | 0.06x | 0.05x | 0.10x | 0.10x |
| FCF Conversion | 0.48x | -0.39x | -3.60x | -6.86x | -25.88x |
| Revenue Growth | 62.66% | 47.67% | 34.29% | 31.63% | 30.27% |
Klaviyo, Inc. (KVYO) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Mar 2, 2026·SEC
Feb 10, 2026·SEC
Klaviyo, Inc. (KVYO) stock FAQ — growth, dividends, profitability & financials explained
Klaviyo, Inc. (KVYO) reported $1.31B in revenue for fiscal year 2025. This represents a 351% increase from $290.6M in 2021.
Klaviyo, Inc. (KVYO) grew revenue by 31.6% over the past year. This is strong growth.
Klaviyo, Inc. (KVYO) reported a net loss of $8.6M for fiscal year 2025.
Klaviyo, Inc. (KVYO) has a return on equity (ROE) of -2.8%. Negative ROE indicates the company is unprofitable.
Klaviyo, Inc. (KVYO) generated $223.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Klaviyo, Inc. (KVYO) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates