Klaviyo, Inc.

For the period ended Sep 30, 2025. Filed Nov 5, 2025.

About this filing

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, 2025 · Filed Nov 5, 2025

KVYO$20.43-1.9%Stored close · as of Nov 10, 2026

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Contents

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,
	2025	2024	2025	2024
Revenue	$310,880	$235,094	$883,824	$667,300
Cost of revenue	76,143	54,357	215,079	149,567
Gross profit	234,737	180,737	668,745	517,733
Operating expenses:
Selling and marketing	127,651	100,018	377,810	286,377
Research and development	72,668	55,769	214,476	167,601
General and administrative	45,254	38,228	142,371	113,179
Total operating expenses	245,573	194,015	734,657	567,157
Operating loss	(10,836)	(13,278)	(65,912)	(49,424)
Other income:
Other (expense) income	(89)	229	(1,651)	290
Interest income	10,311	10,504	29,313	30,029
Total other income, net	10,222	10,733	27,662	30,319
Loss before income taxes	(614)	(2,545)	(38,250)	(19,105)
(Benefit) provision for income taxes	(188)	(1,200)	546	64
Net loss	(426)	(1,345)	(38,796)	(19,169)
Comprehensive loss	$(426)	$(1,345)	$(38,796)	$(19,169)
Net loss per share attributable to Series A and Series B common stockholders, basic and diluted	$—	$(0.01)	$(0.14)	$(0.07)
Weighted average common shares outstanding, basic and diluted	300,828,017	267,854,769	286,806,721	264,846,463

The accompanying notes are an integral part of these condensed consolidated financial statements

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.