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Other financials

Income statement

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Revenue$370.6M+26.4%
Gross profit$269.1M+21.3%
Operating income-$15.0M+52.2%
Net income-$8.8M+63.6%
EPS (diluted)-$0.03+66.7%

Balance sheet

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Cash & equivalents$833.4M-11.0%
Total debt$113.9M+14.9%
Total equity$967.0M-11.8%
Total assets$1.4B-1.0%

Cash flow

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Operating cash flow$93.9M+68.5%
CapEx$6.6M+218%
Free cash flow$87.3M+62.7%

Valuation

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Market cap$4.76B-55.0%
Enterprise value$4.04B-58.5%
P/S3.4×-6.4×

Profitability

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Gross margin73.8%-1.6pp
Operating margin-1.9%-0.8pp
Net margin-5.7%+0.6pp
FCF margin18.2%+3.3pp

Returns & leverage

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Return on equity-6.1%+2.5pp
Debt / equity0.1×0.0×
Current ratio3.1×-1.8×

Where this comes from

Reported directly by Klaviyo in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Klaviyo’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001835830-26-000040
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Gross profit269,102221,881537,995434,008
Operating expenses:
Selling and marketing139,300126,632273,355250,159
Research and development91,93272,459171,964141,808
General and administrative52,83354,116105,89497,117
Total operating expenses284,065253,207551,213489,084
Operating loss(14,963)(31,326)(13,218)(55,076)
Other income:

Item 1. Financial Statements

FAQ

What is Klaviyo's R&D?
Klaviyo (KVYO) reported R&D of $91.93M in Q2 2026.
How has Klaviyo's R&D changed year-over-year?
Klaviyo's R&D increased by 26.9% year-over-year, from $72.46M to $91.93M.
What is the long-term trend for Klaviyo's R&D?
Over 3 years (2021 to 2025), Klaviyo's R&D has grown at a 64.3% compound annual growth rate (CAGR), from $65.6M to $291.21M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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