Klaviyo (KVYO) FCF Margin (2022 - 2026)
Klaviyo's (KVYO) quarterly FCF Margin came in at 7.79% in Q1 2026, up 362.0% year-on-year from 1.69% in Q1 2025, and down 69.66% quarter-over-quarter from 25.68% in Q4 2025.
Klaviyo (KVYO) FCF Margin (2022 - 2026) Analysis & Trends
Klaviyo has disclosed FCF Margin across 5 years of filings, most recently posting 7.79% for Q1 2026.
- FCF Margin for Q1 2026 came in at 7.79%, up 362.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.4% (up 183.0% YoY), and the FY2025 annual result was 16.13%, down 94.0% from the prior year.
- FCF Margin came in at 7.79% for Q1 2026 at Klaviyo, down from 25.68% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 25.68% in Q4 2025 to a low of 4.17% in Q1 2025.
- The 5-year median for FCF Margin is 14.35% (2023), against an average of 15.39%.
- Across the five-year window, FCF Margin jumped 627 bps in 2024 and tumbled 770 bps in 2025, its largest moves.
- Klaviyo's FCF Margin stood at 13.78% in 2022, then climbed by 22 bps to 16.75% in 2023, then jumped by 37 bps to 23.02% in 2024, then increased by 12 bps to 25.68% in 2025, then plunged by 70 bps to 7.79% in 2026.
- The last three FCF Margin figures came in at 7.79% (Q1 2026), 25.68% (Q4 2025), and 14.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 58.89% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 17.31% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 15.02% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 41.64% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 20.82% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 45.65% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 36.83% |
| 10 | Klaviyo | 4.51 Bn | 4.13 Bn | 268.89 Mn | 7.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.79% |
| Dec 31, 2025 | 25.68% |
| Sep 30, 2025 | 14.08% |
| Jun 30, 2025 | 18.31% |
| Mar 31, 2025 | 4.17% |
| Dec 31, 2024 | 23.02% |
| Sep 30, 2024 | 13.30% |
| Jun 30, 2024 | 18.74% |
| Mar 31, 2024 | 11.87% |
| Dec 31, 2023 | 16.75% |
| Sep 30, 2023 | 14.63% |
| Jun 30, 2023 | 24.27% |
| Mar 31, 2023 | 9.13% |
| Dec 31, 2022 | 13.78% |