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Klaviyo KVYO Stock-Based Comp

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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:ShareBasedCompensation.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Gain on derecognition of asset retirement obligation(588)
Loss on disposal of property and equipment156419
Bad debt expense9891,536
Stock-based compensation expense93,15083,731
Changes in operating assets and liabilities:
Accounts receivable(19,668)(17,283)
Deferred contract acquisition costs(40,504)(22,628)
Prepaid expenses, prepaid taxes, and other assets(6,405)(4,504)

Item 1. Financial Statements

FAQ

What is Klaviyo's stock-based comp?
Klaviyo (KVYO) reported stock-based comp of $51.35M in Q2 2026.
How has Klaviyo's stock-based comp changed year-over-year?
Klaviyo's stock-based comp increased by 13.1% year-over-year, from $45.4M to $51.35M.
What is the long-term trend for Klaviyo's stock-based comp?
Over 3 years (2021 to 2025), Klaviyo's stock-based comp has grown at a 66.3% compound annual growth rate (CAGR), from $35.25M to $162.03M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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