Klaviyo, Inc. (KVYO)
Klaviyo, Inc. (KVYO)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 9,038 | 7,028 | -426 | -24,281 |
| Depreciation and amortization expense | 6,336 | 5,506 | 4,380 | 3,931 |
| Non-cash operating lease costs | 6,997 | 6,509 | 5,850 | 6,620 |
| Amortization of deferred contract acquisition costs | 9,631 | 8,423 | 7,696 | 7,222 |
| Amortization of prepaid marketing expense | 13,224 | 13,224 | 13,224 | 13,225 |
| Gain on derecognition of asset retirement obligation | 0 | 0 | 0 | 0 |
| Loss on disposal of property and equipment | -128 | -147 | -210 | 0 |
| Bad debt expense | 636 | 160 | 348 | -281 |
| Stock-based compensation expense | 41,803 | 37,863 | 40,437 | 45,404 |
| Deferred income tax | NaN | -1,561 | -1,501 | NaN |
| Other | NaN | 0 | NaN | 0 |
| Accounts receivable | 12,224 | -369 | 2,749 | 4,653 |
| Deferred contract acquisition costs | 21,045 | 19,116 | 12,537 | 11,627 |
| Prepaid expenses, prepaid taxes, and other assets | 5,829 | 5,057 | -2,765 | -1,403 |
| Accounts payable | -4,340 | 5,283 | -2,453 | 8,520 |
| Accrued expenses | -12,832 | 26,207 | 875 | 9,267 |
| Deferred revenue | 8,248 | 15,319 | 5,208 | 6,524 |
| Operating lease liabilities | -5,546 | -6,370 | -6,185 | -5,899 |
| Other non-current liabilities | 54 | -774 | -382 | 350 |
| Net cash provided by operating activities | 34,279 | 93,160 | 54,760 | 55,725 |
| Acquisition of property and equipment | 11,666 | 2,466 | 2,274 | 2,060 |
| Capitalization of software development costs | 3,565 | 3,246 | 5,431 | 5,247 |
| Acquisition of business, net of cash acquired | NaN | NaN | 2,031 | NaN |
| Acquisition of business | NaN | 2,031 | NaN | NaN |
| Purchase of other non-current assets | 485 | NaN | NaN | NaN |
| Net cash used in investing activities | -15,716 | -5,712 | -9,736 | -7,307 |
| Proceeds from exercise of common stock options | 715 | 471 | 266 | 589 |
| Cash paid for finance leases | NaN | 0 | 0 | 0 |
| Proceeds from exercise of warrants | 3 | 5 | 3 | 4 |
| Proceeds from issuance of common stock, net of issuance costs | NaN | 0 | NaN | NaN |
| Proceeds from issuance of common stock in initial public offering, net of issuance costs | NaN | 0 | NaN | NaN |
| Employee taxes paid related to net share settlement of stock-based awards | 2,800 | 4,920 | 4,107 | 4,569 |
| Payments for accelerated share repurchase | 100,000 | NaN | NaN | NaN |
| Proceeds from employee stock purchase plan | 3,234 | 1,604 | 3,565 | 2,641 |
| Net cash used in financing activities | -98,848 | -2,840 | -273 | -1,335 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -80,285 | 84,608 | 44,751 | 47,083 |
| Cash, cash equivalents, and restricted cash, beginning of period | 1,065,613 | 981,005 | 936,254 | 889,171 |
| Cash, cash equivalents, and restricted cash, end of period | 985,328 | 1,065,613 | 981,005 | 936,254 |