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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	868.92	698.1	472.75	290.64
Revenue Growth (YoY)	35.41%	47.67%	62.66%	-
Cost of Revenue	194.58	176.75	128.03	84.7
Gross Profit	674.34	521.35	344.72	205.94
Selling, General & Admin	539.86	585.29	295.68	219.58
Research & Development	220.24	258.8	104.08	65.6
Operating Expenses	760.09	844.09	399.76	285.18
Operating Income	-85.75	-322.75	-55.04	-79.23
Interest Expense	-	-	-	-0.01
Interest & Investment Income	39.6	24.05	5.54	0.14
Other Non Operating Income (Expenses)	0.16	-0.47	0.39	0.03
EBT Excluding Unusual Items	-45.99	-299.16	-49.11	-79.07
Merger & Restructuring Charges	-	-7.88	-	-
Pretax Income	-45.99	-307.04	-49.11	-79.07
Income Tax Expense	-0.53	1.19	0.08	0.32
Net Income	-45.46	-308.23	-49.19	-79.39
Net Income to Common	-45.46	-308.23	-49.19	-79.39
Shares Outstanding (Basic)	269	243	230	221
Shares Outstanding (Diluted)	269	243	230	221
Shares Change (YoY)	13.71%	5.67%	4.07%	-
EPS (Basic)	-0.17	-1.27	-0.21	-0.36
EPS (Diluted)	-0.17	-1.27	-0.21	-0.36
Free Cash Flow	138.11	115.72	-39.37	-35.76
Free Cash Flow Per Share	0.51	0.48	-0.17	-0.16
Gross Margin	77.61%	74.68%	72.92%	70.86%
Operating Margin	-9.87%	-46.23%	-11.64%	-27.26%
Profit Margin	-5.23%	-44.15%	-10.41%	-27.32%
Free Cash Flow Margin	15.89%	16.58%	-8.33%	-12.30%
EBITDA	-72.96	-310.89	-46.7	-74.36
EBITDA Margin	-8.40%	-44.53%	-9.88%	-25.59%
D&A For EBITDA	12.8	11.85	8.34	4.87
EBIT	-85.75	-322.75	-55.04	-79.23
EBIT Margin	-9.87%	-46.23%	-11.64%	-27.26%
Advertising Expenses	-	41.6	40.3	41.9

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