phakphum patjangkata/iStock via Getty Images Sometimes I curse myself for paying too much attention to the market and not sticking to my guns on the fundamentals. The best day to buy a chunk of Klaviyo (NYSE:KVYO) would have been "Carry Trade Collapse Day" on Monday, August 5th, for around $22; Nonetheless, my average cost for Klaviyo is around $26. I first wrote about it on December 20th, extolling its strengths of integration of customer and automated marketing data, which would allow it to build a moat. ...

Klaviyo, Inc. (NYSE:KVYO) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Andrew Zilli - VP of IR Andrew Bialecki - Co-Founder and CEO Amanda Whalen - CFO Conference Call Participants Brent Bracelin - Piper Sandler Keith Weiss - Morgan Stanley Siti Panigrahi - Mizuho DJ Hynes - Canaccord Arjun Bhatia - William Blair Derrick Wood - TD Cowen Terry Tillman - Truist Raimo Lenschow - Barclays Scott Berg - Needham Rob Oliver - Baird Tyler Radke - Citi Nick Altmann - Scotia Bank Ky ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number 001-41806 Klaviyo, Inc. (Exact name of registrant as specified in its charter) Delaware 46-0989964 (State or other jurisd ...

Klaviyo Announces Second Quarter 2024 Financial Results Second quarter revenue of $222.2 million, representing 35% year-over-year growth Raises full year 2024 revenue guidance BOSTON, August 7, 2024 — Klaviyo (NYSE: KVYO), the company that powers smarter digital relationships, today announced results for its second quarter ended June 30, 2024. "We delivered another strong quarter, as businesses of all sizes turn to our platform to power smarter digital relationships and drive revenue," said Andrew Bialecki, ...

Klaviyo, Inc. (NYSE:KVYO) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Jack Grant - Senior Director of Investor Relations and Strategic Finance Andrew Bialecki - Co-Founder and Chief Executive Officer Amanda Whalen - Chief Financial Officer Conference Call Participants Arjun Bhatia - William Blair Robert Oliver - Baird Katie Keyser - Morgan Stanley Callie Valenti - Goldman Sachs Brent Bracelin - Piper Sandler Raimo Lenschow - Barclays Scott Berg - Needham Terry Tillman - Trui ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number 001-41806 Klaviyo, Inc. (Exact name of registrant as specified in its charter) Delaware 46-0989964 (State or other juris ...

Klaviyo Announces First Quarter 2024 Financial Results First quarter revenue of $210.0 million, representing 35% year-over-year growth Expanded platform with new international launches BOSTON, May 8, 2024 — Klaviyo (NYSE: KVYO), the company that powers smarter digital relationships, today announced results for its first quarter ended March 31, 2024. “We’re pleased to share our strong first quarter results. Consumer-facing businesses of all sizes across the world are using our platform to power smarter digit ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-41806 Klaviyo, Inc. (Exact name of registrant as specified in its charter) Delaware 46-0989964 (State or other jurisdiction of incorporation or organ ...

Operator Your next question comes from the line of Arjun Bhatia with William Blair. Your line is open. Perfect. Thank you. I'll add my congrats on the quarter. The -- Andrew, maybe I wanted to touch a little bit on the other side of some of the changes at Gmail and Yahoo! And maybe we'll combine that with cookies getting deprecated this year. Can you just talk a little bit about what that means for personalized messaging, email, text, et cetera? And what your kind of data segmentation and personalization ca ...

Revenue Growth - Fourth quarter revenue of $201.6 million, representing 39% year-over-year growth[1] - Increased revenue by 48% in 2023, generating $119.4 million in cash from operating activities and $110.0 million in free cash flow[4] - Total revenue of $698.1 million in fiscal year 2023, representing annual growth of 48%[8] - Revenue for Q4 2023 increased to $201.6 million, up from $145.2 million in Q4 2022, representing a 38.8% year-over-year growth[31] - Full-year revenue for 2023 reached $698.1 million, a 47.7% increase compared to $472.7 million in 2022[33] - FY24-Q1 revenue guidance of $201.0 million to $203.0 million, representing year-over-year growth of 29% to 30%[10] - FY24 revenue guidance of $889.0 million to $897.0 million, representing year-over-year growth of 27% to 28%[10] Customer Metrics - Helped customers generate well over $50 billion in Klaviyo Attributed Value during all of 2023[2] - Over 143,000 customers using Klaviyo as of fiscal year end 2023, compared to over 119,000 customers at the end of fiscal year 2022[5] - 1,958 customers generating over $50,000 of ARR, an increase of 80% year over year[5] Profitability and Margins - Non-GAAP gross profit of $159.8 million, representing a non-GAAP gross margin of 79% in Q4 2023[6] - Non-GAAP operating income of $78.1 million, representing non-GAAP operating margin of 11% in fiscal year 2023[8] - Gross profit for Q4 2023 was $156.6 million, with a gross margin of 77.7%, compared to $107.9 million and a 74.3% margin in Q4 2022[31] - Gross profit for the year ended December 31, 2023, was $520.2 million, with a gross margin of 74.5%, compared to $344.7 million and 72.9% in 2022[49] - Non-GAAP gross profit for the year ended December 31, 2023, was $547.9 million, with a non-GAAP gross margin of 78.5%, compared to $344.9 million and 72.9% in 2022[49] - Non-GAAP operating income for the year ended December 31, 2023, was $78.1 million, compared to a non-GAAP operating loss of $26.2 million in 2022[51] - Non-GAAP net income for the year ended December 31, 2023, was $100.5 million, compared to a net loss of $308.2 million on a GAAP basis[53] Operating Performance - Operating loss for Q4 2023 was $36.3 million, compared to $4.1 million in Q4 2022, driven by increased operating expenses[31] - Operating loss for the year ended December 31, 2023, was $330.6 million, compared to an operating loss of $55.0 million in 2022[51] - Total operating expenses for the year ended December 31, 2023, were $850.8 million, compared to $399.8 million in 2022[55] Cash Flow and Liquidity - Cash and cash equivalents as of December 31, 2023, stood at $738.6 million, up from $385.8 million at the end of 2022[29] - Net cash provided by operating activities for the year ended December 31, 2023, was $119.4 million, compared to net cash used in operating activities of $23.6 million in 2022[37] - Free cash flow for Q4 2023 was $38.6 million, compared to $20.9 million in Q4 2022[35] - Free cash flow for the year ended December 31, 2023, was $110.0 million, compared to negative free cash flow of $41.8 million in 2022[57] Net Loss and Expenses - Net loss for Q4 2023 was $26.3 million, compared to a net loss of $755,000 in Q4 2022[31] - Net loss for the year ended December 31, 2023, was $308.2 million, compared to a net loss of $49.2 million in 2022[37] - Research and development expenses for Q4 2023 increased to $52.6 million, up from $28.7 million in Q4 2022, reflecting investment in innovation[31] - Stock-based compensation expense for Q4 2023 was $38.5 million, significantly higher than $557,000 in Q4 2022[35] - Stock-based compensation expense for the year ended December 31, 2023, was $340.8 million, compared to $6.8 million in 2022[37] Total Assets - Total assets as of December 31, 2023, were $1.09 billion, compared to $629.1 million at the end of 2022[29]