Klaviyo, Inc.

KVYO Technology Software Application

Klaviyo, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 31.6% from fiscal 2024. In the quarter to June 2026, revenue grew 26.4%, EPS grew 66.7% and free cash flow grew 71.2%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

17.08 1.01 −5.58%
Market cap
$5.2B
P/E
918×
Fwd P/E
237×
Dividend yield
—
F-score
5/9
Altman Z
15.32
Beneish M
−2.89
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.30
Total sells 193.25
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — 1 — — — — — — — —
Sell 8 9 6 2 8 4 5 1 1 4 1 1
Insider Ownership 61.36%

Capital & Financial Ratios $m

Market Cap 5,150.00
Revenue 1,389.66
Net Income 6.79
Free Cash Flow 236.43
Net Debt (833.38)
Current Ratio 3.13 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 918.28 (above 35: high)
Fwd P/E 237.00 (above 35: high)
P/S ratio 3.65
P/B ratio 5.24
Past 5Y EPS Growth —
This Y EPS Growth 23.04% (at or above 15%: strong)
Next Y EPS Growth 28.31% (at or above 15%: strong)
Next Y revenue growth 24.07% (at or above 10%: strong)
Next 5Y EPS Growth 25.53% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 8.38%
10-year low 10-year high
P/B against its own 10 years 16.36%
10-year low 10-year high
EV/Sales against its own 10 years 9.03%
10-year low 10-year high
EV/FCF against its own 10 years 7.64%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 739 882 1,066 833
Receivables 23 43 61 79
Inventory — — — —
Other 15 21 30 38
803 980 1,206 1,008
2023 2024 2025 Q'26
Payables 14 15 29 39
ST’ Debt — — — —
Other — — — —
131 200 282 322

Compound Annual Growth %

10y 5y 3y
Sales — — 37.69%
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 358 371 — — —
’25 280 293 311 350 1,234
’24 210 222 235 270 937
’23 156 165 176 202 698
’22 — — 119 — 473
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 34 94 — — —
’25 14 56 55 93 218
’24 26 41 39 60 166
’23 16 41 24 39 119
’22 — — (44) 21 (24)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 19 83 — — —
’25 7 48 47 87 190
’24 23 37 34 54 149
’23 14 40 22 35 110
’22 — — (60) 19 (42)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.03 (0.03) — — —
’25 (0.05) (0.09) 0.00 0.02 (0.11)
’24 (0.05) (0.02) 0.00 (0.10) (0.17)
’23 0.02 0.04 (1.24) (0.10) (1.27)
’22 — — (0.10) — (0.21)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — 24.35 21.26 23.44

Analyst estimates 2026–2028

Powerpack
High — — — — — — — 39.47 44.77 49.55
People
People Employees — — — — — — 1,548 1,815 2,182 2,368
Revenue/emp, $m — — — — — 0.00 0.31 0.38 0.43 0.52
Income, $m
Income, $m Revenue — — — — — 291 473 698 937 1,234
Gross margin, % — — — — — 70.86 72.92 74.52 76.39 74.67
EBT — — — — — (79) (49) (307) (44) (31)
EBT margin, % — — — — — (27.21) (10.39) (43.98) (4.66) (2.47)
Net income — — — — — (79) (49) (308) (46) (32)
Depreciation — — — — — 9 42 82 90 101
Per share, $
Per share, $ Revenue — — — — — 1.32 2.06 2.87 3.52 4.24
Earnings — — — — — (0.36) (0.21) (1.27) (0.17) (0.11)
Cash flow — — — — — (0.10) (0.10) 0.49 0.62 0.75
Capex — — — — — (0.06) (0.08) (0.04) (0.06) (0.10)
Free cash flow — — — — — (0.17) (0.18) 0.45 0.56 0.65
Book value — — — — — 0.00 (4.51) 3.77 3.88 4.11
Shares, m — — — — — 221 230 243 266 291
Valuation, ×
Valuation, × P/E — — — — — 0.00 0.00 0.00 0.00 0.00
P/S — — — — — 0.00 0.00 9.40 11.72 7.65
P/B — — — — — 0.00 0.00 7.17 10.62 7.89
EV/Sales — — — — — 0.00 0.00 8.34 10.78 6.79
EV/FCF — — — — — 633.56 633.56 52.92 67.92 44.21
Cash, $m
Cash, $m Operating cash flow — — — — — (23) (24) 119 166 218
Capex — — — — — (14) (18) (9) (17) (28)
Free cash flow — — — — — (37) (42) 110 149 190
Balance, $m
Balance, $m Working capital — — — — — 272 343 673 780 924
Total debt — — — — — 65 62 — — —
Net debt — — — — — (328) (386) (739) (882) (1,066)
Shareholders’ equity — — — — — — (1,036) 915 1,034 1,197
Returns, %
Returns, % ROA — — — — — 0.00 (15.64) (35.88) (3.91) (2.23)
ROIC — — — — — 0.00 0.00 (117.54) (34.54) (32.34)
ROE — — — — — 0.00 3.01 507.77 (4.74) (2.85)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Klaviyo, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NAVN Navan, Inc. $6.6B — (loss-making) — (loss-making) +35.38% (above 0%: growing) n/m +618.65% (above 0%: growing) 74.09% (10.98%) Compare
LYFT Lyft, Inc. $6.5B 2.4× 23.6× +16.08% (above 0%: growing) +30.00% (above 0%: growing) −1.89% (below 0%: shrinking) 49.75% 2.58% Compare
YOU CLEAR Secure, Inc. $6.1B 29.4× 30.7× +26.56% (above 0%: growing) +92.31% (above 0%: growing) +60.26% (above 0%: growing) 68.57% 29.86% Compare
PEGA Pegasystems Inc. $5.9B 18.2× 19.5× +9.42% (above 0%: growing) −55.56% (below 0%: shrinking) −2.85% (below 0%: shrinking) 74.32% 3.95% Compare
NIQ NIQ Global Intelligence plc $5.6B — (loss-making) — (loss-making) +8.01% (above 0%: growing) n/m +199.46% (above 0%: growing) 55.52% 5.81% Compare
KVYO Klaviyo, Inc. $5.2B 918× 237× +26.43% (above 0%: growing) n/m +71.18% (above 0%: growing) 72.62% (4.04%)
DAVE Dave Inc. $4.7B 22.0× 16.3× +29.63% (above 0%: growing) −22.06% (below 0%: shrinking) −1.03% (below 0%: shrinking) 100.00% 30.59% Compare
CCC CCC Intelligent Solutions Holdings Inc. $4.5B 99.0× 34.5× +9.78% (above 0%: growing) +100.00% (above 0%: growing) +201.42% (above 0%: growing) 73.67% 16.66% Compare
WK Workiva Inc. $4.2B 91.1× 51.7× +18.64% (above 0%: growing) n/m +58.20% (above 0%: growing) 80.41% 4.57% Compare
Median of peers $5.8B 25.7× 27.2× +17.36% +30.00% +59.23% 73.88% 5.19%

All 237 Software Application stocks →

Klaviyo, Inc. (KVYO) key facts

  • Strength: Klaviyo, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 31.6% from fiscal 2024.
  • Klaviyo, Inc. (KVYO) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, KVYO traded at $17.08, a market capitalization of $5.2 billion.
  • Return on equity was −2.85% and debt-to-equity 0.00.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 15.32 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Klaviyo, Inc. (KVYO) Latest News

12 Aug

Impact 3 · transcript

8 Aug

7 Jul

Impact 3 ·
stockrow.com/KVYO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com