Klaviyo Inc
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
KVYO$20.43-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $235,094 | $175,807 | $667,300 | $496,481 |
| Cost of revenue | 54,357 | 58,825 | 149,567 | 132,875 |
| Gross profit | 180,737 | 116,982 | 517,733 | 363,606 |
| Operating expenses: | ||||
| Selling and marketing | 100,018 | 167,877 | 286,377 | 291,845 |
| Research and development | 55,769 | 141,455 | 167,601 | 209,542 |
| General and administrative | 38,228 | 109,853 | 113,179 | 156,511 |
| Total operating expenses | 194,015 | 419,185 | 567,157 | 657,898 |
| Operating loss | (13,278) | (302,203) | (49,424) | (294,292) |
| Other income (expense): | ||||
| Other income (expense) | 229 | (265) | 290 | (344) |
| Interest income | 10,504 | 6,183 | 30,029 | 14,484 |
| Total other income, net | 10,733 | 5,918 | 30,319 | 14,140 |
| Loss before income taxes | (2,545) | (296,285) | (19,105) | (280,152) |
| (Benefit) provision for income taxes | (1,200) | 819 | 64 | 1,786 |
| Net loss | (1,345) | (297,104) | (19,169) | (281,938) |
| Comprehensive loss | $(1,345) | $(297,104) | $(19,169) | $(281,938) |
| Net loss per share attributable to Series A and Series B common stockholders, basic and diluted | $(0.01) | $(1.24) | $(0.07) | $(1.19) |
| Weighted average common shares outstanding, basic and diluted | 267,854,769 | 240,125,168 | 264,846,463 | 237,411,574 |
The accompanying notes are an integral part of these condensed consolidated financial statements
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