Klaviyo, Inc. (KVYO)

Klaviyo Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,078	937.46	698.1	472.75	290.64
Revenue Growth (YoY)	33.17%	34.29%	47.67%	62.66%	-
Cost of Revenue	265.03	221.31	176.75	128.03	84.7
Gross Profit	813.17	716.16	521.35	344.72	205.94
Selling, General & Admin	647.74	561.78	585.29	295.68	219.58
Research & Development	268.44	238.46	258.8	104.08	65.6
Operating Expenses	916.18	800.24	844.09	399.76	285.18
Operating Income	-103.01	-84.08	-322.75	-55.04	-79.23
Interest Expense	-	-	-	-	-0.01
Interest & Investment Income	39.06	39.58	24.05	5.54	0.14
Other Non Operating Income (Expenses)	-0.81	0.82	-0.47	0.39	0.03
EBT Excluding Unusual Items	-64.76	-43.68	-299.16	-49.11	-79.07
Merger & Restructuring Charges	-	-	-7.88	-	-
Pretax Income	-64.76	-43.68	-307.04	-49.11	-79.07
Income Tax Expense	1.93	2.46	1.19	0.08	0.32
Net Income	-66.69	-46.14	-308.23	-49.19	-79.39
Net Income to Common	-66.69	-46.14	-308.23	-49.19	-79.39
Shares Outstanding (Basic)	275	266	243	230	221
Shares Outstanding (Diluted)	275	266	243	230	221
Shares Change (YoY)	7.01%	9.65%	5.67%	4.07%	-
EPS (Basic)	-0.24	-0.17	-1.27	-0.21	-0.36
EPS (Diluted)	-0.24	-0.17	-1.27	-0.21	-0.36
Free Cash Flow	160.32	160.03	115.72	-39.37	-35.76
Free Cash Flow Per Share	0.58	0.60	0.48	-0.17	-0.16
Gross Margin	75.42%	76.39%	74.68%	72.92%	70.86%
Operating Margin	-9.55%	-8.97%	-46.23%	-11.64%	-27.26%
Profit Margin	-6.19%	-4.92%	-44.15%	-10.41%	-27.32%
Free Cash Flow Margin	14.87%	17.07%	16.58%	-8.33%	-12.30%
EBITDA	-91.19	-70.96	-310.89	-46.7	-74.36
EBITDA Margin	-8.46%	-7.57%	-44.53%	-9.88%	-25.59%
D&A For EBITDA	11.82	13.12	11.85	8.34	4.87
EBIT	-103.01	-84.08	-322.75	-55.04	-79.23
EBIT Margin	-9.55%	-8.97%	-46.23%	-11.64%	-27.26%
Advertising Expenses	-	45.9	41.6	40.3	41.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q