← Klaviyo, Inc.
| Annual Trend | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash and cash equivalents | $385.8m | $738.6m | $881.5m | $1.1b | |
| Accounts receivable, net of allowance for doubtful accounts | $10.7m | $23.1m | $43.1m | $60.7m | |
| Prepaid expenses and other current assets | $19.3m | $26.2m | $34.3m | $50.1m | |
| Restricted cash, non-current | $687k | $686k | $739k | $0 | |
| Prepaid marketing expense | $84.4m | $173.8m | $153.3m | $132.8m | |
| Total current assets | $427.5m | $803.5m | $979.7m | $1.2b | |
| Property and equipment, net | $45.8m | $43.5m | $48.2m | $80.3m | |
| Right-of-use assets, net | $45.7m | $37.0m | $42.9m | $101.1m | |
| Restricted cash | $409k | $409k | $375k | $738k | |
| Deferred contract acquisition costs, current | $11.2m | $15.2m | $20.5m | $29.6m | |
| Deferred contract acquisition costs, non-current | $16.0m | $23.2m | $32.5m | $47.8m | |
| Other non-current assets | $9.0m | $7.4m | $15.8m | $12.4m | |
| Lease liabilities, current | $14.9m | $14.1m | $21.0m | $24.8m | |
| Deferred revenue | $25.1m | $40.1m | $64.5m | $103.2m | |
| Lease liabilities, non-current | $47.5m | $37.5m | $32.4m | $96.0m | |
| Other non-current liabilities | $876k | $6.2m | $7.0m | $5.8m | |
| Total stockholders’ equity | ($1.0b) | $914.8m | $1.0b | $1.2b | |
| Total assets | $629.1m | $1.1b | $1.3b | $1.6b | |
| Total liabilities and stockholders’ equity | $629.1m | $1.1b | $1.3b | $1.6b | |
| Accounts payable | $8.9m | $13.6m | $14.6m | $29.1m | |
| Accrued expenses | $36.1m | $62.8m | $99.8m | $125.2m | |
| Total current liabilities | $85.0m | $130.6m | $199.9m | $282.2m | |
| Total liabilities | $133.4m | $174.3m | $239.3m | $384.0m | |
| Preferred stock: $0.001 par value; 100,000,000 and 100,000,000 shares authorized; 0 and 0 shares issued; 0 and 0 shares outstanding at December 31, 2025 and 2024, respectively. | 0 | 0 | 0 | 0 | |
| Common stock | $171k | $260k | $273k | $304k | |
| Additional paid-in capital | $1.2b | $1.7b | $1.9b | $2.1b | |
| Accumulated deficit | ($2.3b) | ($799.0m) | ($845.2m) | ($877.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.