Klaviyo, Inc. Series A (KVYO) Margins & Profitability 2023-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 72.6%
EBITDA Margin: -2.1%
Op. Margin: -4.0%
Net Margin: -2.4%

Op. margin of -4.0% is up 6.6% YoY — cost efficiency is improving. Net margin at -2.4% and gross margin of 72.6% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit