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Klaviyo, Inc. (KVYO) 10-Year Financial Performance & Capital Metrics

KVYO • • Industrial / General
TechnologyInfrastructure SoftwareAI & Analytics PlatformsLow-Code & Automation Platforms
AboutKlaviyo, Inc., a technology company that provides a software-as-a-service platform to enable its customers to send the right messages at the right time across email, short message service (SMS), and push notifications. The company offers Klaviyo, a marketing automation platform that sends personalized and targeted messages. Its products include email marketing solution to track every click and purchase to optimize campaigns; SMS, a text marketing solution for ecommerce growth and retention; and mobile push solution that reaches customers directly on their lock screen with mobile push notifications. The company also provides Review solution to get the product reviews; and a customer data platform that helps store, analyze, and use data at scale. It serves individuals, small and medium enterprises, and companies in North America, Western Europe, Canada, the United Kingdom, Australia, and New Zealand. The was incorporated in 2012 and is based in Boston, Massachusetts.Show more
  • Revenue $937M +34.3%
  • EBITDA -$66M +79.1%
  • Net Income -$46M +85.0%
  • EPS (Diluted) -0.17 +86.6%
  • Gross Margin 76.39% +2.5%
  • EBITDA Margin -7.08% +84.4%
  • Operating Margin -8.97% +81.1%
  • Net Margin -4.92% +88.9%
  • ROE -4.74% +85.9%
  • ROIC -29.08% +73.3%
  • Debt/Equity 0.05 -8.3%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓FCF machine: 15.9% free cash flow margin

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y47.75%
TTM32.81%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-44.66%

EPS CAGR

10Y-
5Y-
3Y-
TTM-36.84%

ROCE

10Y Avg-21.14%
5Y Avg-21.14%
3Y Avg-21.37%
Latest-8.28%

Peer Comparison

Low-Code & Automation Platforms
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
HPAIHelport AI Limited129.92M3.4717.36132.36%24.92%78.66%0.37
APPNAppian Corporation1.27B29.66-23.5413.14%-1.06%-9.37%0.24%
PATHUiPath Inc.6.81B14.79-113.779.3%14.79%11.93%4.49%0.04
KVYOKlaviyo, Inc.3.53B25.60-150.5934.29%-5.7%-5.76%4.21%0.05
VSAIVERSES AI Inc. Common Stock1.31M6.59
HPAIWHelport AI Limited250.16132.36%24.92%78.66%0.37

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+290.64M472.75M698.1M937.46M
Revenue Growth %-0.63%0.48%0.34%
Cost of Goods Sold+84.7M128.03M177.89M221.31M
COGS % of Revenue0.29%0.27%0.25%0.24%
Gross Profit+205.94M344.72M520.21M716.16M
Gross Margin %0.71%0.73%0.75%0.76%
Gross Profit Growth %-0.67%0.51%0.38%
Operating Expenses+285.18M399.76M852.44M800.24M
OpEx % of Revenue0.98%0.85%1.22%0.85%
Selling, General & Admin219.58M295.68M588.66M561.78M
SG&A % of Revenue0.76%0.63%0.84%0.6%
Research & Development65.6M104.08M262.18M238.46M
R&D % of Revenue0.23%0.22%0.38%0.25%
Other Operating Expenses28K388K00
Operating Income+-79.23M-55.04M-330.62M-84.08M
Operating Margin %-0.27%-0.12%-0.47%-0.09%
Operating Income Growth %-0.31%-5.01%0.75%
EBITDA+-73.96M-46M-316.97M-66.36M
EBITDA Margin %-0.25%-0.1%-0.45%-0.07%
EBITDA Growth %-0.38%-5.89%0.79%
D&A (Non-Cash Add-back)5.27M9.04M13.65M17.72M
EBIT-79.07M-55.04M-330.62M-84.08M
Net Interest Income+131K5.54M24.05M39.58M
Interest Income139K5.54M24.05M39.58M
Interest Expense8K000
Other Income/Expense159K5.93M23.58M40.4M
Pretax Income+-79.07M-49.11M-307.04M-43.68M
Pretax Margin %-0.27%-0.1%-0.44%-0.05%
Income Tax+319K83K1.19M2.46M
Effective Tax Rate %1%1%1%1.06%
Net Income+-79.39M-49.19M-308.23M-46.14M
Net Margin %-0.27%-0.1%-0.44%-0.05%
Net Income Growth %-0.38%-5.27%0.85%
Net Income (Continuing)-79.39M-49.19M-308.23M-46.14M
Discontinued Operations0000
Minority Interest0000
EPS (Diluted)+-0.32-0.20-1.27-0.17
EPS Growth %-0.38%-5.35%0.87%
EPS (Basic)-0.32-0.20-1.27-0.17
Diluted Shares Outstanding251.86M251.86M242.89M266.34M
Basic Shares Outstanding251.86M251.86M242.89M266.34M
Dividend Payout Ratio----

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+356.1M427.5M803.49M979.75M
Cash & Short-Term Investments327.91M385.82M738.56M881.47M
Cash Only327.91M385.82M738.56M881.47M
Short-Term Investments0000
Accounts Receivable6.29M10.72M23.08M43.09M
Days Sales Outstanding7.98.2812.0716.78
Inventory0000
Days Inventory Outstanding----
Other Current Assets21.9M30.96M41.85M55.18M
Total Non-Current Assets+108.34M201.58M285.56M293.56M
Property, Plant & Equipment89.74M91.53M80.44M91.12M
Fixed Asset Turnover3.24x5.16x8.68x10.29x
Goodwill0000
Intangible Assets0000
Long-Term Investments00686K0
Other Non-Current Assets18.6M110.04M204.44M202.44M
Total Assets+464.45M629.08M1.09B1.27B
Asset Turnover0.63x0.75x0.64x0.74x
Asset Growth %-0.35%0.73%0.17%
Total Current Liabilities+76.99M84.99M130.62M199.89M
Accounts Payable31.82M8.89M13.6M14.58M
Days Payables Outstanding137.1425.3527.924.05
Short-Term Debt0000
Deferred Revenue (Current)1000K1000K1000K1000K
Other Current Liabilities9.16M16.93M20.1M56.88M
Current Ratio4.63x5.03x6.15x4.90x
Quick Ratio4.63x5.03x6.15x4.90x
Cash Conversion Cycle----
Total Non-Current Liabilities+2.62B1.58B43.66M39.43M
Long-Term Debt0000
Capital Lease Obligations56.36M47.54M37.5M32.45M
Deferred Tax Liabilities0000
Other Non-Current Liabilities2.57B1.53B6.16M6.98M
Total Liabilities2.7B1.67B174.27M239.32M
Total Debt+65.47M62.41M51.58M53.44M
Net Debt-262.44M-323.41M-686.98M-828.03M
Debt / Equity--0.06x0.05x
Debt / EBITDA----
Net Debt / EBITDA----
Interest Coverage-9904.13x---
Total Equity+-2.24B-1.04B914.78M1.03B
Equity Growth %-0.54%1.88%0.13%
Book Value per Share-8.88-4.113.773.88
Total Shareholders' Equity-2.24B-1.04B914.78M1.03B
Common Stock162K171K260K273K
Retained Earnings-2.24B-2.29B-799.04M-845.18M
Treasury Stock0000
Accumulated OCI0000
Minority Interest0000

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-22.74M-23.55M119.37M165.96M
Operating CF Margin %-0.08%-0.05%0.17%0.18%
Operating CF Growth %--0.04%6.07%0.39%
Net Income-79.39M-49.19M-308.23M-46.14M
Depreciation & Amortization5.27M9.04M13.65M17.72M
Stock-Based Compensation35.25M6.8M340.8M135.21M
Deferred Taxes1.82M38K-3.23M559K
Other Non-Cash Items12.52M45.26M82.31M86.32M
Working Capital Changes1.79M-35.49M-5.92M-27.71M
Change in Receivables-5.09M-5.16M-39.82M-20.76M
Change in Inventory-12.17M963K00
Change in Payables23.9M-21.11M4.5M113K
Cash from Investing+-14.23M-18.75M-9.36M-17.23M
Capital Expenditures-14.23M-18.25M-3.65M-5.92M
CapEx % of Revenue0.05%0.04%0.01%0.01%
Acquisitions----
Investments----
Other Investing00-5.71M-11.3M
Cash from Financing+211.26M101.3M242.73M-5.8M
Debt Issued (Net)----
Equity Issued (Net)----
Dividends Paid0000
Share Repurchases----
Other Financing00-81.63M-23.66M
Net Change in Cash----
Free Cash Flow+-36.97M-41.8M110.01M148.73M
FCF Margin %-0.13%-0.09%0.16%0.16%
FCF Growth %--0.13%3.63%0.35%
FCF per Share-0.15-0.170.450.56
FCF Conversion (FCF/Net Income)0.29x0.48x-0.39x-3.60x
Interest Paid8K000
Taxes Paid70K204K283K4.69M

Key Ratios

Metric2021202220232024
Return on Equity (ROE)---33.69%-4.74%
Return on Invested Capital (ROIC)---108.86%-29.08%
Gross Margin70.86%72.92%74.52%76.39%
Net Margin-27.32%-10.41%-44.15%-4.92%
Debt / Equity--0.06x0.05x
Interest Coverage-9904.13x---
FCF Conversion0.29x0.48x-0.39x-3.60x
Revenue Growth-62.66%47.67%34.29%

Revenue by Geography

2024
UNITED STATES584.84M
UNITED STATES Growth-
EMEA209.24M
EMEA Growth-
Asia Pacific95.92M
Asia Pacific Growth-
Other Americas47.46M
Other Americas Growth-

Frequently Asked Questions

Growth & Financials

Klaviyo, Inc. (KVYO) reported $1.15B in revenue for fiscal year 2024. This represents a 297% increase from $290.6M in 2021.

Klaviyo, Inc. (KVYO) grew revenue by 34.3% over the past year. This is strong growth.

Klaviyo, Inc. (KVYO) reported a net loss of $65.8M for fiscal year 2024.

Dividend & Returns

Klaviyo, Inc. (KVYO) has a return on equity (ROE) of -4.7%. Negative ROE indicates the company is unprofitable.

Klaviyo, Inc. (KVYO) generated $179.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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