What are Klaviyo's profit margins?

Klaviyo (KVYO) runs a 74.6% gross margin and a -3.2% 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.

Klaviyo KVYO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	74.6%-0.1pp	74.7%-0.5pp	75.1%-0.3pp	75.4%-0.4pp	75.8%-0.6pp
Operating margin	-3.2%+2.3pp	-5.5%+3.2pp	-8.7%+0.8pp	-9.6%-1.0pp	-8.5%+0.5pp
EBITDA margin	-1.7%+2.3pp	-4%+3.2pp	-7.2%+0.7pp	-7.9%-1.2pp	-6.7%+0.4pp
Free cash flow margin	16.7%-0.2pp	16.9%+1.7pp	15.2%+0.3pp	14.9%+0.3pp	14.6%-2.5pp
Returns
Return on invested capital	-15%+14.7pp	-29.7%+10.2pp	-39.9%+2.2pp	-42.1%-8.2pp	-33.9%+5.1pp
Efficiency
Asset turnover	0.9×0.0×	0.9×0.0×	0.9×0.0×	0.8×0.0×	0.8×0.0×
Liquidity
Current ratio	4.2×0.0×	4.3×-0.6×	4.9×-0.1×	5×-0.3×	5.2×+0.3×
Quick ratio	4.2×0.0×	4.3×-0.6×	4.9×-0.1×	5×-0.3×	5.2×+0.3×
Cash ratio	3.6×-0.1×	3.8×-0.5×	4.3×-0.1×	4.4×-0.2×	4.6×+0.2×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Per Share
Book value per share	$3.77-8.3%	$4.11+8.3%	$3.80-1.4%	$3.85-0.8%	$3.88-0.1%
Valuation
Market capitalization	$5.93B-39.5%	$9.8B+18.0%	$8.31B-15.3%	$9.8B+18.6%	$8.26B-25.7%
Enterprise value	$5.06B-42.9%	$8.86B+19.1%	$7.44B-17.0%	$8.97B+19.9%	$7.48B-27.3%
Price / sales	4.5×-3.4×	7.9×+0.7×	7.2×-1.9×	9.1×+0.9×	8.2×-3.7×
Price / book	5.1×-3.1×	8.2×+0.9×	7.3×-1.7×	8.9×+1.2×	7.8×-3.0×
EV / sales	3.9×-3.3×	7.2×+0.7×	6.4×-1.9×	8.3×+0.9×	7.4×-3.6×
Free cash flow yield	3.7%+1.6pp	2.1%0.0pp	2.1%+0.5pp	1.6%-0.1pp	1.8%+0.3pp

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Questions, answered.

What are Klaviyo's profit margins?: Klaviyo (KVYO) runs a 74.6% gross margin and a -3.2% 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.