# Klaviyo (KVYO.US)

Canonical: https://gigainvestors.com/s/KVYO

Analysis as of: 2026-10-16T07:29:43.447Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $18.09 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Down 61% since Jan 2025

Story as of 2026-10-16T10:01:28.044Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in software application; annual sales are USD 1.2 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1835830/000183583026000007/kvyo-20251231.htm (filed 2026-02-10); FY2025: revenue 1234019000; grossProfit 921496000; margin = grossProfit / revenue.

### Why customers stay

Margins ranged from 74.5% to 76.4% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-10); FY2023: grossProfit / revenue = 74.5%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-10); FY2024: grossProfit / revenue = 76.4%.

- Source: https://www.sec.gov/Archives/edgar/data/1835830/000183583026000007/kvyo-20251231.htm (filed 2026-02-10); FY2025: grossProfit / revenue = 74.7%.

### Where the cash goes

Paid no dividends in 5 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-10); Dividend observations: [[2021,0],[2022,0],[2023,0],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 2% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); KVYO.US SharesStats.PercentInsiders = 2.028 percentage points; cache date 2026-10-16.

### What the price says

The price is 4.3 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-10); Closing price 18.09 USD; reporting-to-trading FX 1; FY2025 annual sales per share 4.242118156675409; price multiple 4.264379098336411. FY2025 cash earnings/share -0.10920707833612318. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2023-09: $34.50 per share

- 2023-10: $28.49 per share

- 2023-11: $29.63 per share

- 2023-12: $27.78 per share

- 2024-01: $25.85 per share

- 2024-02: $26.50 per share

- 2024-03: $25.48 per share

- 2024-04: $22.40 per share

- 2024-05: $22.64 per share

- 2024-06: $24.89 per share

- 2024-07: $26.20 per share

- 2024-08: $31.46 per share

- 2024-09: $35.38 per share

- 2024-10: $38.03 per share

- 2024-11: $37.14 per share

- 2024-12: $41.24 per share

- 2025-01: $46.01 per share

- 2025-02: $39.32 per share

- 2025-03: $30.26 per share

- 2025-04: $30.44 per share

- 2025-05: $34.00 per share

- 2025-06: $33.58 per share

- 2025-07: $31.10 per share

- 2025-08: $32.44 per share

- 2025-09: $27.69 per share

- 2025-10: $26.00 per share

- 2025-11: $28.56 per share

- 2025-12: $32.47 per share

- 2026-01: $22.21 per share

- 2026-02: $17.41 per share

- 2026-03: $19.46 per share

- 2026-04: $20.09 per share

- 2026-05: $15.84 per share

- 2026-06: $15.10 per share

- 2026-07: $17.84 per share

- 2026-08: $20.58 per share

- 2026-09: $15.73 per share

- 2026-10: $18.09 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1835830/000183583026000007/kvyo-20251231.htm); period 2025-12-31, filed 2026-02-10.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations



# KVYO — Klaviyo Inc A

Held by 1 investor · USD 1,443,050 total · 2024 Q4 · reported price USD 41.23 (split-adjusted).
Page: https://gigainvestors.com/s/KVYO

## Holders (2024 Q4)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Chase Coleman (https://gigainvestors.com/TGM) | USD 1,443,050 | <0.1% | hold |

## Total held by quarter

- 2023 Q3: USD 1,207,850 · 1 holder · USD 34.51
- 2023 Q4: USD 971,950 · 1 holder · USD 27.77
- 2024 Q1: USD 892,150 · 1 holder · USD 25.49
- 2024 Q2: USD 871,150 · 1 holder · USD 24.89
- 2024 Q3: USD 1,237,950 · 1 holder · USD 35.37
- 2024 Q4: USD 1,443,050 · 1 holder · USD 41.23
- 2025 Q1: USD 0 · 0 holders