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Klaviyo KVYO Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin73.8%-1.6pp74.6%-1.2pp74.7%-1.7pp75.1%-2.5pp75.4%0.0pp
Operating margin-1.9%+7.7pp-3.2%+5.3pp-5.5%+3.5pp-8.7%+1.2pp-9.6%+36.7pp
Returns
Return on invested capital-10.2%+31.9pp-15%+18.8pp-29.7%+9.3pp-39.9%-3.0pp-42.1%
Efficiency
Asset turnover+0.2×0.9×+0.1×0.9×+0.1×0.9×+0.1×0.8×
Liquidity
Current ratio3.1×-1.8×4.2×-1.0×4.3×-0.6×4.9×-1.6×-1.7×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.1×+0.1×0.1×0.0×
Per Share
Book value per share$3.26-15.4%$3.77-2.8%$4.11+6.0%$3.80+0.2%$3.85+4.3%
Valuation
Market capitalization$4.76B-55.0%$5.93B-28.2%$9.8B-11.8%$8.31B-11.5%$9.8B+50.7%
Price / sales3.4×-6.4×4.5×-3.7×7.9×-3.9×7.2×-3.6×9.1×+1.1×
Price / book4.9×-4.7×5.1×-2.6×8.2×-2.6×7.3×-2.0×8.9×+2.3×

FAQ

What are Klaviyo's profit margins?
Klaviyo (KVYO) runs a 73.8% gross margin and a -1.9% operating margin, with a -5.7% net margin.
Where do Klaviyo's ratios come from?
Every ratio is computed from Klaviyo's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.