KVYOKlaviyo, Inc.
Services-Prepackaged Software
- Revenue
- $1.2B
- 32% YoY
- Operating margin
- -5.5%
- 39% YoY
- EBITDA
- −$49M
- 26% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired13% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $291M | $473M | $698M | $937M | $1.2B | 32% |
| Operating income | −$79M | −$55M | −$331M | −$84M | −$68M | 19% |
| Net income | −$79M | −$49M | −$308M | −$46M | −$32M | 31% |
| Operating cash flow | −$23M | −$24M | $119M | $166M | $218M | 31% |
| Capex | $13M | $16M | $4M | $6M | $9M | 60% |
| Stock-based comp | $35M | $7M | $341M | $135M | $162M | 20% |
| Buybacks | $140M | $0 | $0 | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $2M · 7
- Net
- −$2M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $78K | $78K | 108 | 172 |
| FY2024 | $78K | $78K | 126 | 157 |
| FY2023 | $78K | $78K | 85 | 115 |