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.

Revenue
+24.6%
EPS
+66.7%
Free cash flow
−14.8%

Quarter to September 2026, against a year earlier

20.84 0.52 −2.43%
Market cap
$6.1B
P/E
1,120×
Fwd P/E
−1,085×
Dividend yield
—
F-score
5/9
Altman Z
15.32
Beneish M
−2.89
Dividend safety
n/a

Klaviyo, Inc. (KVYO) Free cash flow margin

Alert me on Free cash flow margin

Klaviyo, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 15.7%, up 0.3 percentage points from fiscal 2025 (15.4%). Over the past ten years it has ranged from −12.7% (fiscal 2021) to 15.9% (fiscal 2024); the current reading is higher than 60% of that period. That is above the Software Application industry median of 5.77% and above the Technology sector median of 0.67%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 15.4% (0.51)
FY2024 15.9% 0.11
FY2023 15.8% 24.60
FY2022 −8.84% 3.88
FY2021 −12.7% —

Against its own ten years

Low −12.7% High 15.9%
Ten-year median 15.4%
Current reading's percentile 60

Free cash flow margin against peers

Company Free cash flow margin
PEGA Pegasystems Inc. compare 25.3%
RNG Ringcentral, Inc. compare 23.0%
CVLT CommVault Systems, Inc. compare 20.4%
NICE Nice compare 18.3%
KVYO Klaviyo, Inc. 15.7%
BRZE Braze, Inc. compare 9.61%
NIQ NIQ Global Intelligence plc compare 6.05%
NAVN Navan, Inc. compare 3.43%
OCTV Octave Intelligence plc compare —
Software Application industry median 5.77%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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