Below are the financial statements of Klaviyo, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 881.47a | 738.56a |
| Restricted cash | 0.38a | 0.41a |
| Accounts receivable, net of allowance for doubtful accounts | 43.1a | 23.08a |
| Deferred contract acquisition costs, current | 20.54a | 15.2a |
| Prepaid expenses and other current assets | 34.26a | 26.24a |
| Total current assets | 979.75a | 803.49a |
| Property and equipment, net | 48.2a | 43.45a |
| Right-of-use assets, net | 42.92a | 36.99a |
| Deferred contract acquisition costs, non-current | 32.53a | 23.18a |
| Restricted cash, non-current | 0.74a | 0.69a |
| Prepaid marketing expense | 153.35a | 173.84a |
| Other non-current assets | 15.83a | 7.42a |
| Total assets | 1,273.31a | 1,089.05a |
| Liabilities and stockholders’ equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 14.58a | 13.6a |
| Accrued expenses | 99.83a | 62.84a |
| Lease liabilities, current | 20.99a | 14.08a |
| Deferred revenue | 64.5a | 40.1a |
| Total current liabilities | 199.89a | 130.62a |
| Lease liabilities, non-current | 32.45a | 37.5a |
| Other non-current liabilities | 6.98a | 6.16a |
| Total liabilities | 239.32a | 174.27a |
| Stockholders’ equity | — | — |
| Preferred stock | 0a | 0a |
| Series A common stock | 0.09a | 0.04a |
| Series B common stock | 0.18a | 0.22a |
| Additional paid-in capital | 1,878.9a | 1,713.56a |
| Accumulated deficit | -845.19a | -799.04a |
| Total stockholders’ equity | 1,033.99a | 914.78a |
| Total liabilities and stockholders’ equity | 1,273.31a | 1,089.05a |
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