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Klaviyo, Inc. (KVYO) Stock Fundamental Analysis & AI Rating 2026

KVYO NYSE Services-Prepackaged Software DE CIK: 0001835830
Updated This Month • Analysis: May 7, 2026 • SEC Data: 2026-03-31
Combined AI Rating
BUY
75% Confidence
STRONG AGREEMENT
BUY
70% Conf
BUY
80% Conf

📊 KVYO Key Takeaways

Revenue: $358.0M
Net Margin: 2.5%
Free Cash Flow: $22.6M
Current Ratio: 4.23x
Debt/Equity: 0.00x
EPS: $0.03
AI Rating: BUY with 70% confidence
Klaviyo, Inc. (KVYO) receives a BUY rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $358.0M, net profit margin of 2.5%, and return on equity (ROE) of 0.8%, Klaviyo, Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete KVYO stock analysis for 2026.

Is Klaviyo, Inc. (KVYO) a Good Investment?

Claude

Klaviyo exhibits strong revenue growth of 31.6% YoY with exceptional gross margins of 75.1%, demonstrating robust market demand and pricing power. Despite currently weak operating margins of 0.5%, this is typical for high-growth SaaS companies. The fortress balance sheet with $984.6M cash, zero debt, and 4.23x current ratio provides substantial runway for margin expansion as the company scales.

ChatGPT

Klaviyo delivers 30%+ revenue growth with 75% gross margins and solid free cash flow, backed by a cash-rich, debt-free balance sheet. Improving operating leverage from modest GAAP losses suggests a clear path to sustained profitability while supporting continued growth.

Why Buy Klaviyo, Inc. Stock? KVYO Key Strengths

Claude
  • + Strong revenue growth of 31.6% YoY demonstrates healthy market demand
  • + Exceptional gross margin of 75.1% indicates pricing power and favorable unit economics
  • + Fortress balance sheet: $984.6M cash, zero debt, 4.23x current ratio, and strong liquidity position
ChatGPT
  • + 31.6% YoY revenue growth at $1.23B scale
  • + 74.7% gross margin with 16.9% FCF margin
  • + Cash-rich, debt-free balance sheet; 4.27x current ratio

KVYO Stock Risks: Klaviyo, Inc. Investment Risks

Claude
  • ! Operating margin of 0.5% and net margin of 2.5% indicate the company is barely profitable despite high gross margins, suggesting excessive operating expenses
  • ! Poor capital efficiency with ROE of 0.8% and ROA of 0.6% reflects inefficient deployment of shareholder capital
  • ! Revenue growth must sustain above current levels to justify operating model; margin deterioration likely if growth decelerates below 15-20%
ChatGPT
  • ! Negative operating and net margins persist (GAAP losses)
  • ! Potential growth deceleration could delay margin expansion
  • ! Execution risk managing costs as scale and product mix evolve

Key Metrics to Watch

Claude
  • * Operating margin expansion trajectory - critical indicator of operational leverage as company matures
  • * Revenue growth sustainability - any deceleration below 20% would heighten profitability concerns
  • * Free cash flow generation and FCF margin improvement - currently 6.3% FCF margin is modest for a high-margin SaaS business
ChatGPT
  • * Operating margin
  • * Revenue growth rate

Klaviyo, Inc. (KVYO) Financial Metrics & Key Ratios

Revenue
$358.0M
Net Income
$9.0M
EPS (Diluted)
$0.03
Free Cash Flow
$22.6M
Total Assets
$1.5B
Cash Position
$984.6M

💡 AI Analyst Insight

Strong liquidity with a 4.23x current ratio provides a solid financial cushion.

KVYO Profit Margin, ROE & Profitability Analysis

Gross Margin 75.1%
Operating Margin 0.5%
Net Margin 2.5%
ROE 0.8%
ROA 0.6%
FCF Margin 6.3%

KVYO vs Technology Sector: How Klaviyo, Inc. Compares

How Klaviyo, Inc. compares to Technology sector averages

Net Margin
KVYO 2.5%
vs
Sector Avg 18.0%
KVYO Sector
ROE
KVYO 0.8%
vs
Sector Avg 22.0%
KVYO Sector
Current Ratio
KVYO 4.2x
vs
Sector Avg 2.5x
KVYO Sector
Debt/Equity
KVYO 0.0x
vs
Sector Avg 0.5x
KVYO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Klaviyo, Inc. Stock Overvalued? KVYO Valuation Analysis 2026

Based on fundamental analysis, Klaviyo, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
0.8%
Sector avg: 22%
Net Profit Margin
2.5%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Klaviyo, Inc. Balance Sheet: KVYO Debt, Cash & Liquidity

Current Ratio
4.23x
Quick Ratio
4.23x
Debt/Equity
0.00x
Debt/Assets
24.3%
Interest Coverage
N/A
Long-term Debt
N/A

KVYO Revenue & Earnings Growth: 5-Year Financial Trend

KVYO 5-year financial data: Year 2023: Revenue $698.1M, Net Income -$79.4M, EPS $-0.36. Year 2024: Revenue $937.5M, Net Income -$49.2M, EPS $-0.21. Year 2025: Revenue $1.2B, Net Income -$308.2M, EPS $-1.27.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Klaviyo, Inc.'s revenue has grown significantly by 77% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.27 indicates the company is currently unprofitable.

KVYO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
6.3%
Free cash flow / Revenue

KVYO Quarterly Earnings & Performance

Quarterly financial performance data for Klaviyo, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $279.8M $9.0M $0.03
Q3 2025 $235.1M -$426.0K $0.00
Q2 2025 $222.2M -$4.9M $-0.02
Q1 2025 $210.0M -$12.9M $-0.05
Q3 2024 $175.8M -$1.3M $-0.01
Q2 2024 $164.6M -$4.9M $-0.02
Q1 2024 $156.1M $4.3M $0.02
Q3 2023 $119.2M -$23.9M $-0.10

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Klaviyo, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$34.3M
Cash generated from operations
Stock Buybacks
$100.0M
Shares repurchased (TTM)
Capital Expenditures
$11.7M
Investment in assets
Dividends
None
No dividend program

KVYO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Klaviyo, Inc. (CIK: 0001835830)

📋 Recent SEC Filings

Date Form Document Action
May 14, 2026 4 xslF345X06/wk-form4_1778803561.xml View →
May 5, 2026 10-Q kvyo-20260331.htm View →
May 5, 2026 8-K kvyo-20260501.htm View →
Apr 29, 2026 DEF 14A kvyo-20260429.htm View →
Apr 29, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about KVYO

What is the AI rating for KVYO?

Klaviyo, Inc. (KVYO) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are KVYO's key strengths?

Claude: Strong revenue growth of 31.6% YoY demonstrates healthy market demand. Exceptional gross margin of 75.1% indicates pricing power and favorable unit economics. ChatGPT: 31.6% YoY revenue growth at $1.23B scale. 74.7% gross margin with 16.9% FCF margin.

What are the risks of investing in KVYO?

Claude: Operating margin of 0.5% and net margin of 2.5% indicate the company is barely profitable despite high gross margins, suggesting excessive operating expenses. Poor capital efficiency with ROE of 0.8% and ROA of 0.6% reflects inefficient deployment of shareholder capital. ChatGPT: Negative operating and net margins persist (GAAP losses). Potential growth deceleration could delay margin expansion.

What is KVYO's revenue and growth?

Klaviyo, Inc. reported revenue of $358.0M.

Does KVYO pay dividends?

Klaviyo, Inc. does not currently pay dividends.

Where can I find KVYO SEC filings?

Official SEC filings for Klaviyo, Inc. (CIK: 0001835830) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is KVYO's EPS?

Klaviyo, Inc. has a diluted EPS of $0.03.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is KVYO a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Klaviyo, Inc. has a BUY rating with 75% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is KVYO stock overvalued or undervalued?

Valuation metrics for KVYO: ROE of 0.8% (sector avg: 22%), net margin of 2.5% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy KVYO stock in 2026?

Our dual AI analysis gives Klaviyo, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is KVYO's free cash flow?

Klaviyo, Inc.'s operating cash flow is $34.3M, with capital expenditures of $11.7M. FCF margin is 6.3%.

How does KVYO compare to other Technology stocks?

Vs Technology sector averages: Net margin 2.5% (avg: 18%), ROE 0.8% (avg: 22%), current ratio 4.23 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 7, 2026 | Data as of: 2026-03-31 | Powered by Claude AI