← Klaviyo, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $290.6m | $472.7m | $698.1m | $937.5m | $1.2b | |
| Cost of revenue | $84.7m | $128.0m | $177.9m | $221.3m | $312.5m | |
| Gross profit | $205.9m | $344.7m | $520.2m | $716.2m | $921.5m | |
| Research and development | $65.6m | $104.1m | $262.2m | $238.5m | $291.2m | |
| Total operating expenses | $285.2m | $399.8m | $850.8m | $800.2m | $989.3m | |
| Selling and marketing | $156.3m | $213.8m | $394.4m | $404.2m | $506.2m | |
| General and administrative | $63.2m | $81.8m | $194.3m | $157.6m | $191.8m | |
| Operating loss | ($79.2m) | ($55.0m) | ($330.6m) | ($84.1m) | ($67.8m) | |
| Interest income | $139k | $5.5m | $24.1m | $39.6m | $39.4m | |
| Loss before income taxes | ($79.1m) | ($49.1m) | ($307.0m) | ($43.7m) | ($30.5m) | |
| Provision for income taxes | $319k | $83k | $1.2m | $2.5m | $1.2m | |
| Net loss | ($79.4m) | ($49.2m) | ($308.2m) | ($46.1m) | ($31.8m) | |
| Comprehensive loss | ($79.4m) | ($49.2m) | ($308.2m) | ($46.1m) | ($31.8m) | |
| Total other income | $159k | $5.9m | $23.6m | $40.4m | $37.2m | |
| Net loss per share attributable to Series A and Series B common stockholders, basic (in dollars per share) | ($0) | ($0) | ($1) | ($0) | ($0) | |
| Net loss per share attributable to Series A and Series B common stockholders, diluted (in dollars per share) | ($0) | ($0) | ($1) | ($0) | ($0) | |
| Weighted average common shares outstanding, basic (in shares) | 220.9m | 229.9m | 242.9m | 266.3m | 290.9m | |
| Weighted average common shares outstanding, diluted (in shares) | 220.9m | 229.9m | 242.9m | 266.3m | 290.9m | |
| Other (expense) income | $28k | $388k | ($470k) | $816k | ($2.2m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.