Klaviyo, Inc. (KVYO)

Klaviyo Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	809.63	698.1	472.75	290.64
Revenue Growth (YoY)	38.38%	47.67%	62.66%	-
Cost of Revenue	199.05	176.75	128.03	84.7
Gross Profit	610.58	521.35	344.72	205.94
Selling, General & Admin	679.34	585.29	295.68	219.58
Research & Development	305.92	258.8	104.08	65.6
Operating Expenses	985.26	844.09	399.76	285.18
Operating Income	-374.68	-322.75	-55.04	-79.23
Interest Expense	-	-	-	-0.01
Interest & Investment Income	35.28	24.05	5.54	0.14
Other Non Operating Income (Expenses)	-0.33	-0.47	0.39	0.03
EBT Excluding Unusual Items	-339.73	-299.16	-49.11	-79.07
Merger & Restructuring Charges	-	-7.88	-	-
Pretax Income	-339.73	-307.04	-49.11	-79.07
Income Tax Expense	1.49	1.19	0.08	0.32
Net Income	-341.22	-308.23	-49.19	-79.39
Net Income to Common	-341.22	-308.23	-49.19	-79.39
Shares Outstanding (Basic)	257	243	230	221
Shares Outstanding (Diluted)	257	243	230	221
Shares Change (YoY)	9.31%	5.67%	4.07%	-
EPS (Basic)	-1.33	-1.27	-0.21	-0.36
EPS (Diluted)	-1.34	-1.27	-0.21	-0.36
Free Cash Flow	124.51	115.72	-39.37	-35.76
Free Cash Flow Per Share	0.49	0.48	-0.17	-0.16
Gross Margin	75.42%	74.68%	72.92%	70.86%
Operating Margin	-46.28%	-46.23%	-11.64%	-27.26%
Profit Margin	-42.15%	-44.15%	-10.41%	-27.32%
Free Cash Flow Margin	15.38%	16.58%	-8.33%	-12.30%
EBITDA	-362.18	-310.89	-46.7	-74.36
EBITDA Margin	-44.73%	-44.53%	-9.88%	-25.59%
D&A For EBITDA	12.49	11.85	8.34	4.87
EBIT	-374.68	-322.75	-55.04	-79.23
EBIT Margin	-46.28%	-46.23%	-11.64%	-27.26%
Advertising Expenses	-	41.6	40.3	41.9

Source: S&P Capital IQ. Standard template. Financial Sources.