Klaviyo, Inc. Files Q1 2024 10-Q Report

Ticker: KVYO · Form: 10-Q · Filed: 2024-05-08T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, reporting

TL;DR

Klaviyo's Q1 2024 10-Q is in: financials and operations detailed for investors.

AI Summary

Klaviyo, Inc. filed its 10-Q for the period ending March 31, 2024. The filing details financial performance and operational updates for the first quarter of 2024. Key financial data and disclosures relevant to investors are presented in this report.

Why It Matters

This 10-Q filing provides crucial insights into Klaviyo's financial health and strategic direction for the first quarter of 2024, impacting investor decisions.

Risk Assessment

Risk Level: medium — As a 10-Q filing, it contains detailed financial information and disclosures that could reveal risks or opportunities impacting the company's stock.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is March 31, 2024.

When was this 10-Q filed with the SEC?

This 10-Q was filed on May 8, 2024.

What is the company's Central Index Key (CIK)?

Klaviyo, Inc.'s Central Index Key is 0001835830.

What is Klaviyo's primary business classification?

Klaviyo, Inc. is classified under SERVICES-PREPACKAGED SOFTWARE [7372].

Where is Klaviyo, Inc. headquartered?

Klaviyo, Inc. is headquartered at 125 Summer Street, Floor 6, Boston, MA 02110.

From the Filing

0001835830-24-000055.txt : 20240508 0001835830-24-000055.hdr.sgml : 20240508 20240508161131 ACCESSION NUMBER: 0001835830-24-000055 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240508 DATE AS OF CHANGE: 20240508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Klaviyo, Inc. CENTRAL INDEX KEY: 0001835830 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-41806 FILM NUMBER: 24926149 BUSINESS ADDRESS: STREET 1: 125 SUMMER STREET, FLOOR 6 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 800-338-1744 MAIL ADDRESS: STREET 1: 125 SUMMER STREET, FLOOR 6 CITY: BOSTON STATE: MA ZIP: 02110 10-Q 1 kvyo-20240331.htm 10-Q kvyo-20240331 false 0001835830 Q1 12/31 2024 P7Y P6M P6M 365 xbrli:shares iso4217:USD iso4217:USD xbrli:shares kvyo:subsidiary xbrli:pure kvyo:vote 0001835830 2024-01-01 2024-03-31 0001835830 us-gaap:CommonClassAMember 2024-04-30 0001835830 us-gaap:CommonClassBMember 2024-04-30 0001835830 2024-03-31 0001835830 2023-12-31 0001835830 us-gaap:CommonClassAMember 2023-12-31 0001835830 us-gaap:CommonClassAMember 2024-03-31 0001835830 us-gaap:CommonClassAMember 2023-09-30 0001835830 us-gaap:CommonClassBMember 2023-12-31 0001835830 us-gaap:CommonClassBMember 2024-03-31 0001835830 2023-01-01 2023-03-31 0001835830 us-gaap:CommonClassAMember 2023-03-31 0001835830 2022-12-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2022-12-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2022-12-31 0001835830 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001835830 us-gaap:RetainedEarningsMember 2022-12-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-01-01 2023-03-31 0001835830 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001835830 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001835830 2023-03-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-03-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-03-31 0001835830 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001835830 us-gaap:RetainedEarningsMember 2023-03-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-12-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-12-31 0001835830 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001835830 us-gaap:RetainedEarningsMember 2023-12-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-01-01 2024-03-31 0001835830 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-01-01 2024-03-31 0001835830 us-gaap:CommonStockMember kvyo:ConversionOfRedeemableCommonStockMember us-gaap:CommonClassAMember 2024-01-01 2024-03-31 0001835830 us-gaap:CommonStockMember kvyo:ConversionOfRedeemableCommonStockMember us-gaap:CommonClassBMember 2024-01-01 2024-03-31 0001835830 kvyo:ConversionOfRedeemableCommonStockMember 2024-01-01 2024-03-31 0001835830 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-03-31 0001835830 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-03-31 0001835830 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001835830 us-gaap:RetainedEarningsMember 2024-03-31 0001835830 us-gaap:EmployeeStockMember 2023-08-24 2023-08-24 0001835830 us-gaap:EmployeeStockMember us-gaap:CallOptionMember 2023-08-24 2023-08-24 0001835830 us-gaap:PutOptionMember us-gaap:EmployeeStockMember 2023-08-24 2023-08-24 0001835830 kvyo:RevenueSharingAgreementMember kvyo:ShopifyIncMember us-gaap:RelatedPartyMember 2024-01-01 2024-03-31 0001835830 kvyo:RevenueSharingAgreementMember kvyo:ShopifyIncMember us-gaap:RelatedPartyMember 2023-01-01 2023-03-31 0001835830 kvyo:RevenueSharingAgreementMem

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