Last 14 quarters of trend data · Technology · Software - Infrastructure
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Klaviyo, Inc.'s quarterly P/E stands at 405.9x.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -158.27 | 405.88 | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 2.26 | 7.12 | 6.70 | 8.16 | 7.41 | 10.34 | 10.08 | 7.43 | 7.93 | 8.92 | 11.78 | — | — |
| — | -31.1% | -33.5% | +9.8% | -6.5% | +15.9% | -14.5% | — | — | — | — | — | — | |
| P/B Ratio | 4.23 | 8.34 | 7.29 | 8.72 | 7.80 | 10.80 | 9.34 | 6.74 | 7.10 | 7.86 | 9.15 | — | — |
| — | -22.8% | -21.9% | +29.4% | +9.8% | +37.4% | +2.1% | — | — | — | — | — | — | |
| P/FCF | 12.77 | 0.03 | 38.40 | 37.38 | 313.29 | 51.27 | 69.18 | 44.54 | 72.51 | 51.79 | 94.70 | — | — |
| — | -99.9% | -44.5% | -16.1% | +332.0% | -1.0% | -26.9% | — | — | — | — | — | — | |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Klaviyo, Inc.'s operating margin was -0.5% in Q4 2025, up 3.0 pp QoQ and up 12.3 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of -5.8% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 74.7% | 72.2% | 75.5% | 75.7% | 75.8% | 73.4% | 76.9% | 77.4% | 78.6% | 77.7% | 66.5% | 77.2% | 76.6% |
| — | -1.7% | -1.8% | -2.2% | -3.6% | -5.4% | +15.5% | +0.2% | +2.7% | +4.5% | -7.7% | — | — | |
| Operating Margin | -5.5% | -0.5% | -3.5% | -10.7% | -8.5% | -12.8% | -5.6% | -6.3% | -10.5% | -18.0% | -171.9% | 4.3% | 0.6% |
| — | +95.9% | +38.3% | -69.0% | +19.3% | +28.8% | +96.7% | -248.0% | -1970.3% | -541.9% | -1315.8% | — | — | |
| Net Margin | -2.6% | 2006.9% | -0.1% | -8.3% | -5.0% | -10.0% | -0.6% | -2.2% | -6.1% | -13.0% | -169.0% | 6.6% | 2.7% |
| — | +20201.2% | +76.1% | -272.5% | +17.9% | +23.4% | +99.7% | -133.6% | -323.8% | -2409.0% | -1333.3% | — | — |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -2.8% | 601.0% | -0.0% | -2.2% | -1.3% | -2.6% | -0.1% | -0.5% | -1.4% | -2.9% | -32.8% | — | — |
| — | +22926.1% | +71.8% | -335.9% | +3.4% | +8.9% | +99.6% | — | — | — | — | — | — | |
| ROA | -2.2% | 461.5% | -0.0% | -1.8% | -1.1% | -2.2% | -0.1% | -0.4% | -1.2% | -2.4% | -33.7% | 1.6% | — |
| — | +21201.4% | +74.0% | -304.2% | +8.3% | +10.2% | +99.7% | -127.8% | — | -1928.5% | — | — | — | |
| ROIC | -22.2% | -0.4% | -2.6% | -8.7% | -7.4% | -11.9% | -4.3% | -4.6% | -7.2% | -11.7% | -95.9% | — | — |
| — | +96.2% | +39.7% | -90.8% | -1.7% | -1.5% | +95.5% | — | — | — | — | — | — |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has weakened 12.8% YoY to 4.27x, tightening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.18 | 0.09 | 0.10 | 0.05 | 0.04 | 0.05 | 0.05 | 0.06 | 0.06 | — | — |
| — | +95.3% | +323.3% | +96.5% | +87.0% | -8.3% | -30.4% | — | — | — | — | — | — | |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — | 5.53 | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 4.27 | 4.27 | 4.88 | 4.95 | 5.22 | 4.90 | 6.44 | 6.63 | 6.37 | 6.15 | 6.53 | 4.74 | — |
| — | -12.8% | -24.2% | -25.3% | -18.0% | -20.3% | -1.4% | +39.9% | — | +22.3% | — | — | — | |
| Quick Ratio | 4.27 | 4.27 | 4.88 | 4.95 | 5.22 | 4.90 | 6.44 | 6.63 | 6.23 | 6.15 | 6.53 | 4.74 | — |
| — | -12.8% | -24.2% | -25.3% | -16.2% | -20.3% | -1.4% | +39.9% | — | +22.3% | — | — | — | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 14 years · Updated daily
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Start ComparisonKlaviyo, Inc.'s current P/E is -158.3x. The average P/E over the last 1 quarters is 405.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Klaviyo, Inc.'s current operating margin is -5.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Klaviyo, Inc.'s business trajectory between earnings reports.