Klaviyo, Inc.

For the period ended Jun 30, 2026. Filed Aug 5, 2026.

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.

Jun 30, 2026 · Filed Aug 5, 2026

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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Contents

Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)

Series A Common Stock · Series B Common Stock · Treasury Stock · Additional Paid-In Capital · Total Stockholders’ Equity
Number of Shares · $0.001 Par Value · Number of Shares · $0.001 Par Value · Number of Shares · $0.001 Par Value · Accumulated Deficit
Balance as of March 31, 2025	94,574,036	$95		180,983,334		$181		—	$—		$1,922,930			$(859,274)		$1,063,932
Issuance of common stock upon exercise of common stock options	—	—	21,664,082		22		—	—	567	—		589
Issuance of common stock upon vesting of restricted stock units	1,213,329	1	713,692		1		—	—	(2)	—		—
Issuance of common stock upon exercise of collaboration agreement warrants	—	—	344,382		—		—	—	4	—		4
Issuance of common stock under the employee stock purchase plan	275,800	—	—		—		—	—	6,093	—		6,093
Vested warrants related to collaboration agreement	—	—	—		—		—	—	8,100	—		8,100
Stock-based compensation expense	—	—	—		—		—	—	46,884	—		46,884
Tax withholdings on settlement of stock-based awards	(69,484)	—	(63,987)		—		—	—	(4,569)	—		(4,569)
Conversion of Series B common stock to Series A common stock upon shareholder election and vesting of certain equity awards	20,884,249	21		(20,884,249)		(21)		—	—		—		—		—
Net loss	—	—		—		—		—	—		—		(24,281)		(24,281)
Balance as of June 30, 2025	116,877,930	$117		182,757,254		$183		—	$—		$1,980,007			$(883,555)		$1,096,752
Balance as of March 31, 2026	144,081,867	$144		158,456,935		$158		4,307,869	$4		$2,021,068			$(867,915)		$1,153,459
Issuance of common stock upon exercise of common stock options	—	—	38,995		—		—	—	83	—		83
Issuance of common stock upon vesting of restricted stock units	1,806,158	2	263,207		—		—	—	(2)	—		—
Issuance of common stock upon exercise of collaboration agreement warrants	—	—	344,381		1		—	—	3	—		4
Issuance of common stock under the employee stock purchase plan	309,821	—	—		—		—	—	3,978	—		3,978
Vested warrants related to the collaboration agreement	—	—	—		—		—	—	8,100	—		8,100
Stock-based compensation expense	—	—	—		—		—	—	52,440	—		52,440
Tax withholdings on settlement of stock-based awards	(105,708)	—	(13,527)		—		—	—	(2,079)	—		(2,079)
Conversion of Series B common stock to Series A common stock upon shareholder election and vesting of certain equity awards	1,283,712	1	(1,283,712)		(1)		—	—	—	—		—
Share repurchases, inclusive of costs to acquire	(16,171,995)	(16)		—		—		16,171,995	16		(240,112)		—		(240,112)
Net loss	—	—		—		—		—	—		—		(8,849)		(8,849)
Balance as of June 30, 2026	131,203,855	$131		157,806,279		$158		20,479,864	$20		$1,843,479			$(876,764)		$967,024

Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) (cont.)

Series A Common Stock · Series B Common Stock · Treasury Stock · Additional Paid-In Capital · Total Stockholders’ Equity
Number of Shares · $0.001 Par Value · Number of Shares · $0.001 Par Value · Number of Shares · $0.001 Par Value · Accumulated Deficit
Balance as of January 1, 2025	88,956,301	$89	183,801,332	$184		—		$—		$1,878,899			$(845,185)		$1,033,987
Issuance of common stock upon exercise of common stock options	—	—	22,584,809	23	—		—		1,442		—		1,465
Issuance of common stock upon vesting of restricted stock units	2,098,709	2	1,456,112	2	—		—		(4)	—		—
Issuance of common stock upon exercise of collaboration agreement warrants	—	—	688,764	—	—		—		7		—		7
Issuance of common stock under the employee stock purchase plan	275,800	—	—	—	—		—		6,093		—		6,093
Vested warrants related to collaboration agreement	—	—	—	—	—		—		16,200		—		16,200
Stock-based compensation expense	—	—	—	—	—		—		86,318		—		86,318
Tax withholdings on settlement of stock-based awards	(116,659)	—	(109,984)	—	—		—		(8,948)		—		(8,948)
Conversion of Series B common stock to Series A common stock upon shareholder election and vesting of certain equity awards	25,663,779	26	(25,663,779)	(26)		—		—		—			—	—
Net loss	—	—	—	—		—		—		—			(38,370)		(38,370)
Balance as of June 30, 2025	116,877,930	$117	182,757,254	$183		—		$—		$1,980,007			$(883,555)		$1,096,752
Balance as of January 1, 2026	144,262,443	$144	159,899,668	$160		—		$—		$2,073,209			$(876,953)		$1,196,560
Issuance of common stock upon exercise of common stock options	—	—	828,624	1		—		—		797			—		798
Issuance of common stock upon vesting of restricted stock units	3,018,982	3	771,485	—		—		—		(4)			—		(1)
Issuance of common stock upon exercise of collaboration agreement warrants	—	—	688,764	1		—		—		6			—		7
Issuance of common stock under the employee stock purchase plan	309,821	—	—	—		—		—		3,978				3,978
Vested warrants related to the collaboration agreement	—	—	—	—		—		—		16,200			—		16,200
Stock-based compensation expense	—	—	—	—		—		—		95,097			—		95,097
Tax withholdings on settlement of stock-based awards	(201,018)	—	(88,771)	—		—		—		(4,879)			—		(4,879)
Conversion of Series B common stock to Series A common stock upon shareholder election and vesting of certain equity awards	4,293,491	4	(4,293,491)	(4)		—		—		—			—		—
Share repurchases, inclusive of costs to acquire	(20,479,864)	(20)	—	—		20,479,864		20		(340,925)			—		(340,925)
Net income	—	—	—	—		—		—		—			189		189
Balance as of June 30, 2026	131,203,855	$131	157,806,279	$158		20,479,864		$20		$1,843,479			$(876,764)		$967,024

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

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