Klaviyo, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $370.6M | $358.0M | $350.2M | $310.9M | $293.1M | $279.8M | $270.2M | $235.1M |
| Cost of Revenue | $101.5M | $89.1M | $97.4M | $76.1M | $71.2M | $67.7M | $71.7M | $54.4M |
| Gross Profit | $269.1M | $268.9M | $252.8M | $234.7M | $221.9M | $212.1M | $198.4M | $180.7M |
| Gross Margin | 72.6% | 75.1% | 72.2% | 75.5% | 75.7% | 75.8% | 73.4% | 76.9% |
| Operating Expenses | ||||||||
| Research & Development | $91.9M | $80.0M | $76.7M | $72.7M | $72.5M | $69.3M | $70.9M | $55.8M |
| SG&A Expense | $52.8M | $53.1M | $49.4M | $45.3M | $54.1M | $43.0M | $44.4M | $38.2M |
| Operating Income | $-15.0M | $1.7M | $-1.8M | $-10.8M | $-31.3M | $-23.8M | $-34.7M | $-13.3M |
| Operating Margin | -4.0% | 0.5% | -0.5% | -3.5% | -10.7% | -8.5% | -12.8% | -5.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-7.1M | $10.7M | $7.7M | $-614.0K | $-22.5M | $-15.2M | $-24.6M | $-2.5M |
| Income Tax Expense | $1.7M | $1.7M | $704.0K | $-188.0K | $1.8M | $-1.1M | $2.4M | $-1.2M |
| Net Income | $-8.8M | $9.0M | $7.0M | $-426.0K | $-24.3M | $-14.1M | $-27.0M | $-1.3M |
| Net Margin | -2.4% | 2.5% | 2.0% | -0.1% | -8.3% | -5.0% | -10.0% | -0.6% |
| EPS (Basic) | $-0.03 | $0.03 | $0.03 | $0.00 | $-0.09 | $-0.05 | $-0.09 | $-0.01 |
| EPS (Diluted) | $-0.03 | $0.03 | $0.03 | $0.00 | $-0.09 | $-0.05 | $-0.09 | $-0.01 |
| Shares Outstanding (Basic) | 296.9M | 304.3M | 290.9M | 300.8M | 284.9M | 274.2M | 266.3M | 267.9M |
| Shares Outstanding (Diluted) | 296.9M | 305.8M | 290.9M | 300.8M | 284.9M | 274.2M | 266.3M | 267.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |