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Klaviyo KVYO Amortization of deferred commissions

Amortization of deferred commissions at other companies

Salesforce logo
SalesforceCRM
$584M+7.2%
Twilio logo
TwilioTWLO
$17.14M-11.0%

Other financials

Income statement

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Revenue$358.0M+27.9%
Gross profit$268.9M+26.8%
Operating income$1.7M+107%
Net income$9.0M+164%
EPS (diluted)$0.03+160%

Balance sheet

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Cash & equivalents$985.3M+10.8%
Total debt$117.2M+14.1%
Total equity$1.2B+8.4%
Total assets$1.5B+13.1%

Cash flow

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Operating cash flow$34.3M+139%
CapEx$11.7M+334%
Free cash flow$22.6M+93.7%

Valuation

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Market cap$4.04B-28.2%

Profitability

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Gross margin74.6%-1.2pp
Operating margin-3.2%-1.2pp
Net margin-5.7%+0.6pp
FCF margin16.7%+2.2pp

Returns & leverage

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Return on equity-6.1%+2.5pp
Debt / equity0.1×0.0×
Current ratio4.2×-1.0×

Where this comes from

Reported directly by Klaviyo in its filing.

Tagged under the XBRL concept us-gaap:CapitalizedContractCostAmortization.

The official record: Klaviyo’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Klaviyo's amortization of deferred commissions?
Klaviyo (KVYO) reported amortization of deferred commissions of $9.63M in Q1 2026.
How has Klaviyo's amortization of deferred commissions changed year-over-year?
Klaviyo's amortization of deferred commissions increased by 45.7% year-over-year, from $6.61M to $9.63M.
What is the long-term trend for Klaviyo's amortization of deferred commissions?
Over 3 years (2021 to 2025), Klaviyo's amortization of deferred commissions has grown at a 107.4% compound annual growth rate (CAGR), from $3.36M to $29.95M.
What does amortization of deferred commissions mean?
This represents the non-cash expense recognized over time related to the amortization of capitalized sales commissions under ASC 340-40. It reflects the systematic allocation of acquisition costs for customer contracts over the expected period of benefit. Investors use this to understand the underlying cash impact of sales force compensation versus the accounting expense recognized in the income statement.