KVYO · Research
Klaviyo Grows 41% and Its R&D Pays Back Like a Top-30 Software Name
Klaviyo, Inc. (KVYO) earns a "Watch" rating and an institutional Quality Score of 76/100 (Grade A). On $937.5M in baseline revenue (40.8% growth, 76.4% gross margin, 15.9% FCF margin), our 5-year DCF yields an Enterprise Value of $8.65B ($35.58/share vs. $34.50 market price).
Klaviyo, Inc. (KVYO) earns a "Watch" rating and an institutional Quality Score of 76/100 (Grade A). On $937.5M in baseline revenue (40.8% growth, 76.4% gross margin, 15.9% FCF margin), our 5-year DCF yields an Enterprise Value of $8.65B ($35.58/share vs. $34.50 market price).
On the R&D Return Benchmark, KVYO ranks #30 of 166 (Compounders · Grade AA, 0.86× return).
Key rating factors
- TTM revenue
- $937.46M
- R&D % of spend
- 23.6%
- Rule of 40
- 56.7%
- R&D return
- 0.86x