Klaviyo, Inc. cash flow statement
In fiscal 2025, Klaviyo, Inc.'s operations generated $218m of cash; it spent $9.5m on capital projects, leaving free cash flow of $209m.
Cash flow statement
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | −23 | −24 | 119 | 166 | 218 | 276 |
| Depreciation and amortisation | 5 | 9 | 14 | 18 | 19 | 23 |
| Stock-based pay | 35 | 7 | 341 | 135 | 162 | 171 |
| Capital spending | 13 | 16 | 4 | 6 | 9 | 23 |
| Free cash flow | −36 | −39 | 116 | 160 | 209 | 253 |
| Free cash flow after stock pay | −71 | −46 | −225 | 25 | 46 | 82 |
| Share buybacks | 140 | 0 | 0 | — | — | — |
| Shares issued | 346 | 100 | 0 | 0 | 0 | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 39 | 60 | 14 | 56 | 55 | 93 | 34 | 94 |
| Depreciation and amortisation | 5 | 5 | 5 | 4 | 4 | 6 | 6 | 7 |
| Stock-based pay | 32 | 35 | 38 | 45 | 40 | 38 | 42 | 51 |
| Capital spending | 2 | 2 | 3 | 2 | 2 | 2 | 12 | 7 |
| Free cash flow | 37 | 58 | 12 | 54 | 52 | 91 | 23 | 87 |
| Free cash flow after stock pay | 6 | 23 | −27 | 8 | 12 | 53 | −19 | 36 |
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