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Klaviyo KVYO Payments to Develop Software

Payments to Develop Software at other companies

HubSpot logo
HubSpotHUBS
$34.34M+12.9%
ServiceTitan, Inc. logo
ServiceTitan, Inc.TTAN
$6.66M+3.0%
Twilio logo
TwilioTWLO
$16.71M+44.5%
DoorDash logo
DoorDashDASH
$117M+74.6%

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:PaymentsToDevelopSoftware.

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 payments to develop software?
Klaviyo (KVYO) reported payments to develop software of $3.57M in Q1 2026.
How has Klaviyo's payments to develop software changed year-over-year?
Klaviyo's payments to develop software decreased by 29.5% year-over-year, from $5.06M to $3.57M.
What is the long-term trend for Klaviyo's payments to develop software?
Over 3 years (2021 to 2025), Klaviyo's payments to develop software has grown at a 167.9% compound annual growth rate (CAGR), from $987K to $18.98M.
What does payments to develop software mean?
This represents the cash outflows directed toward the internal development of software assets, including capitalized labor and related costs. It serves as a proxy for the company's investment in its core product platform and long-term technological innovation. High levels of investment indicate a focus on product differentiation and future competitive advantage.