Flagship explainer

How Klaviyo, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.2B · 100%Cost of revenue$313M · 25%Gross profit$921M · 75%Operating income−$67.8M · −5%Income before tax−$30.5M · −2%Income tax$1.3M · 0%Net income−$31.8M · −3%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.2B100%
Cost of revenue$313M25%
$921M75%
−$67.8M−5%
Income before tax−$30.5M−2%
Income tax$1.3M0%
−$31.8M−3%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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KVYO income explainer — Buy Like Buffett · Buy Like Buffett