Klaviyo, Inc. (KVYO) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.4B	1.2B	937.5M	698.1M	472.7M
Cost of Revenue	364.2M	312.5M	221.3M	177.9M	128.0M
Gross Profit	1.0B	921.5M	716.2M	520.2M	344.7M
Operating Expenses
R&D Expense	321.4M	291.2M	238.5M	262.2M	104.1M
SG&A Expense	730.0M	698.0M	561.8M	588.7M	295.7M
General & Admin Expense	200.6M	191.8M	157.6M	194.3M	81.8M
Selling & Marketing Expense	529.4M	506.2M	404.2M	394.4M	213.8M
Other Expenses	—	—	—	—	—
Total Operating Expenses	1.1B	989.3M	800.2M	850.8M	399.8M
Cost and Expenses	1.4B	1.3B	1.0B	1.0B	527.8M
Operating Income (EBIT)	(25.9M)	(67.8M)	(84.1M)	(330.6M)	(55.0M)
Non-Operating
Interest Income	38.2M	39.4M	39.6M	24.1M	5.5M
Interest Expense	—	—	—	—	—
Net Interest Income	38.2M	39.4M	39.6M	24.1M	5.5M
Other Non-Op Income/Expense	36.6M	37.2M	40.4M	23.6M	5.9M
Non-Operating Income (excl Interest)	(36.6M)	(37.2M)	(40.4M)	(23.6M)	(5.9M)
EBT (Pre-Tax Income)	10.7M	(30.5M)	(43.7M)	(307.0M)	(49.1M)
Income Tax Expense	3.9M	1.3M	2.5M	1.2M	83.0K
Bottom Line
Net Income	6.8M	(31.8M)	(46.1M)	(308.2M)	(49.2M)
Earnings from Cont. Ops	6.8M	(31.8M)	(46.1M)	(308.2M)	(49.2M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	6.8M	(31.8M)	(46.1M)	(308.2M)	(49.2M)
Per Share
Basic EPS	$0.02	($0.11)	($0.17)	($1.27)	($0.20)
Diluted EPS	$0.02	($0.11)	($0.17)	($1.27)	($0.20)
Revenue Per Share	$4.68	$4.24	$3.52	$2.87	$1.88
Shares
Basic Shares Outstanding	296.9M	290.9M	266.3M	242.9M	251.9M
Diluted Shares Outstanding	296.9M	290.9M	266.3M	242.9M	251.9M
Profitability Metrics
EBITDA	27.0M	(11.9M)	(26.0M)	(293.4M)	(40.1M)
D&A	16.2M	18.6M	17.7M	13.7M	9.0M
EBIT	10.7M	(30.5M)	(43.7M)	(307.0M)	(49.1M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026