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

KVYO •
TechnologyInfrastructure SoftwareData platforms, integration and analytics
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 $1.23B +31.6%
  • EBITDA -$68M -2.1%
  • Net Income -$32M +31.2%
  • EPS (Diluted) -0.11 +35.3%
  • Gross Margin 74.67% -2.2%
  • EBITDA Margin -5.49% +22.4%
  • Operating Margin -5.49% +38.8%
  • Net Margin -2.57% +47.7%
  • ROE -2.85% +39.9%
  • ROIC -22.17% +23.7%
  • Debt/Equity 0.10 +95.3%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓FCF machine: 17.7% free cash flow margin

✗Weaknesses

  • ✗Weak momentum: RS Rating 9 (bottom 9%)
  • ✗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-
3Y37.69%
TTM31.63%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM15247.16%

EPS CAGR

10Y-
5Y-
3Y-
TTM32.56%

ROCE

10Y Avg-18.05%
5Y Avg-18.05%
3Y Avg-19.33%
Latest-5.71%

Peer Comparison

Data platforms, integration and analytics
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Momentum & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
PLTRPalantir Technologies Inc.313.39B137.19217.7656.18%36.31%21.7%0.67%0.03
AVPTAvePoint, Inc.2.09B10.7871.8726.93%8.3%7.27%3.9%0.02
CLBTCellebrite DI Ltd.3.26B13.3443.0318.56%16.47%16.17%4.92%0.05
TDCTeradata Corporation2.99B31.4927.15-4.53%7.82%56.52%9.26%4.33
VERIVeritone, Inc.200.07M2.82-2.88-7.35%-42.6%-260.71%8.91
DFDVDeFi Development Corp.96.46M3.48-12.474.82%9.33%28.79%0.00
CFLTConfluent, Inc.1.5B30.67-35.6621.08%-25.31%-25.26%4.04%0.95
CGNTCognyte Software Ltd.510.89M7.09-41.7111.88%-1.2%-2%6.58%0.16

Compare KVYO vs Peers

Analyze head-to-head performance against top industry competitors across valuation, growth, and profitability metrics.

vs PLTR

Compare head-to-head with Palantir Technologies Inc.

vs MDB

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Compare Top 5

vs PLTR, MDB, IOT, CLBT

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Sales/Revenue+290.64M472.75M698.1M937.46M1.23B
Revenue Growth %-62.66%47.67%34.29%31.63%
Cost of Goods Sold+84.7M128.03M177.89M221.31M312.52M
COGS % of Revenue29.14%27.08%25.48%23.61%25.33%
Gross Profit+205.94M344.72M520.21M716.16M921.5M
Gross Margin %70.86%72.92%74.52%76.39%74.67%
Gross Profit Growth %-67.39%50.91%37.67%28.67%
Operating Expenses+285.18M399.76M852.44M800.24M989.25M
OpEx % of Revenue98.12%84.56%122.11%85.36%80.17%
Selling, General & Admin219.58M295.68M588.66M561.78M698.04M
SG&A % of Revenue75.55%62.55%84.32%59.93%56.57%
Research & Development65.6M104.08M262.18M238.46M291.21M
R&D % of Revenue22.57%22.02%37.56%25.44%23.6%
Other Operating Expenses28K388K000
Operating Income+-79.23M-55.04M-330.62M-84.08M-67.76M
Operating Margin %-27.26%-11.64%-47.36%-8.97%-5.49%
Operating Income Growth %-30.54%-500.74%74.57%19.41%
EBITDA+-73.96M-46M-316.97M-66.36M-67.76M
EBITDA Margin %-25.45%-9.73%-45.4%-7.08%-5.49%
EBITDA Growth %-37.81%-589.13%79.06%-2.11%
D&A (Non-Cash Add-back)5.27M9.04M13.65M17.72M0
EBIT-79.07M-55.04M-330.62M-84.08M0
Net Interest Income+131K5.54M24.05M39.58M0
Interest Income139K5.54M24.05M39.58M39.4M
Interest Expense8K0000
Other Income/Expense159K5.93M23.58M40.4M37.24M
Pretax Income+-79.07M-49.11M-307.04M-43.68M-30.52M
Pretax Margin %-27.21%-10.39%-43.98%-4.66%-2.47%
Income Tax+319K83K1.19M2.46M1.25M
Effective Tax Rate %100.4%100.17%100.39%105.64%104.1%
Net Income+-79.39M-49.19M-308.23M-46.14M-31.77M
Net Margin %-27.32%-10.41%-44.15%-4.92%-2.57%
Net Income Growth %-38.04%-526.58%85.03%31.15%
Net Income (Continuing)-79.39M-49.19M-308.23M-46.14M0
Discontinued Operations00000
Minority Interest00000
EPS (Diluted)+-0.32-0.20-1.27-0.17-0.11
EPS Growth %-37.5%-535%86.61%35.29%
EPS (Basic)-0.32-0.20-1.27-0.17-0.11
Diluted Shares Outstanding251.86M251.86M242.89M266.34M290.9M
Basic Shares Outstanding251.86M251.86M242.89M266.34M290.9M
Dividend Payout Ratio-----

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Current Assets+356.1M427.5M803.49M979.75M1.21B
Cash & Short-Term Investments327.91M385.82M738.56M881.47M1.06B
Cash Only327.91M385.82M738.56M881.47M1.06B
Short-Term Investments00000
Accounts Receivable6.29M10.72M23.08M43.09M60.71M
Days Sales Outstanding7.98.2812.0716.7817.96
Inventory00000
Days Inventory Outstanding-----
Other Current Assets21.9M30.96M41.85M55.18M80.49M
Total Non-Current Assets+108.34M201.58M285.56M293.56M374.53M
Property, Plant & Equipment89.74M91.53M80.44M91.12M181.47M
Fixed Asset Turnover3.24x5.16x8.68x10.29x6.80x
Goodwill00000
Intangible Assets00000
Long-Term Investments00686K00
Other Non-Current Assets18.6M110.04M204.44M202.44M193.06M
Total Assets+464.45M629.08M1.09B1.27B1.58B
Asset Turnover0.63x0.75x0.64x0.74x0.78x
Asset Growth %-35.45%73.12%16.92%24.13%
Total Current Liabilities+76.99M84.99M130.62M199.89M282.23M
Accounts Payable31.82M8.89M13.6M14.58M29.07M
Days Payables Outstanding137.1425.3527.924.0533.95
Short-Term Debt000024.76M
Deferred Revenue (Current)15.09M25.11M46.76M64.5M103.25M
Other Current Liabilities9.16M16.93M20.1M56.88M125.16M
Current Ratio4.63x5.03x6.15x4.90x4.27x
Quick Ratio4.63x5.03x6.15x4.90x4.27x
Cash Conversion Cycle-----
Total Non-Current Liabilities+2.62B1.58B43.66M39.43M101.81M
Long-Term Debt000095.99M
Capital Lease Obligations56.36M47.54M37.5M32.45M0
Deferred Tax Liabilities00000
Other Non-Current Liabilities2.57B1.53B6.16M6.98M5.82M
Total Liabilities2.7B1.67B174.27M239.32M384.04M
Total Debt+65.47M62.41M51.58M53.44M120.75M
Net Debt-262.44M-323.41M-686.98M-828.03M-944.13M
Debt / Equity--0.06x0.05x0.10x
Debt / EBITDA-----
Net Debt / EBITDA-----
Interest Coverage-9904.13x----
Total Equity+-2.24B-1.04B914.78M1.03B1.2B
Equity Growth %-53.66%188.28%13.03%15.72%
Book Value per Share-8.88-4.113.773.884.11
Total Shareholders' Equity-2.24B-1.04B914.78M1.03B1.2B
Common Stock162K171K260K273K144K
Retained Earnings-2.24B-2.29B-799.04M-845.18M-876.95M
Treasury Stock00000
Accumulated OCI00000
Minority Interest00000

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash from Operations+-22.74M-23.55M119.37M165.96M218.01M
Operating CF Margin %-7.82%-4.98%17.1%17.7%17.67%
Operating CF Growth %--3.58%606.84%39.02%31.37%
Net Income-79.39M-49.19M-308.23M-46.14M-31.77M
Depreciation & Amortization5.27M9.04M13.65M17.72M18.6M
Stock-Based Compensation35.25M6.8M340.8M135.21M162.03M
Deferred Taxes1.82M38K-3.23M559K-3.06M
Other Non-Cash Items12.52M45.26M82.31M86.32M72.21M
Working Capital Changes1.79M-35.49M-5.92M-27.71M0
Change in Receivables-5.09M-5.16M-39.82M-20.76M-19.66M
Change in Inventory-12.17M963K000
Change in Payables23.9M-21.11M4.5M113K12.03M
Cash from Investing+-14.23M-18.75M-9.36M-17.23M-30.5M
Capital Expenditures-14.23M-18.25M-3.65M-5.92M0
CapEx % of Revenue4.9%3.86%0.52%0.63%-
Acquisitions0-500K00-2.03M
Investments-----
Other Investing00-5.71M-11.3M-28.46M
Cash from Financing+211.26M101.3M242.73M-5.8M-4.49M
Debt Issued (Net)-16K-21K-21K-19K0
Equity Issued (Net)1000K1000K1000K1000K0
Dividends Paid00000
Share Repurchases-140.41M0000
Other Financing00-81.63M-23.66M-4.49M
Net Change in Cash174.29M59M352.74M142.93M183.03M
Free Cash Flow+-36.97M-41.8M110.01M148.73M218.01M
FCF Margin %-12.72%-8.84%15.76%15.87%17.67%
FCF Growth %--13.06%363.21%35.19%46.58%
FCF per Share-0.15-0.170.450.560.75
FCF Conversion (FCF/Net Income)0.29x0.48x-0.39x-3.60x-6.86x
Interest Paid8K0000
Taxes Paid70K204K283K4.69M0

Key Ratios

Metric20212022202320242025
Return on Equity (ROE)---33.69%-4.74%-2.85%
Return on Invested Capital (ROIC)---108.86%-29.08%-22.17%
Gross Margin70.86%72.92%74.52%76.39%74.67%
Net Margin-27.32%-10.41%-44.15%-4.92%-2.57%
Debt / Equity--0.06x0.05x0.10x
Interest Coverage-9904.13x----
FCF Conversion0.29x0.48x-0.39x-3.60x-6.86x
Revenue Growth-62.66%47.67%34.29%31.63%

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