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
DateValue
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%