Klaviyo, Inc.KVYO

Klaviyo, Inc. Segments Disclosure

10-KFiled Feb 10, 20261 min read
Segment Information and Geographic Data
As described in the Company’s Summary of Significant Accounting Policies, the Company operates as one operating segment. Revenue and long-lived assets by geographic region are as follows:
Disaggregation of Revenue
Revenue by geographic area, based on the location of the Company’s customers, is as follows (in thousands):
Year Ended December 31,
202520242023
Americas:
United States$741,101 $584,844 $443,471 
Other Americas (1)
59,636 47,461 38,180 
APAC (1)(2)
127,179 95,920 72,797 
EMEA (1)(3)
United Kingdom
123,609 90,593 63,424 
Other EMEA (4)
182,494 118,646 80,227 
Total Revenue$1,234,019 $937,464 $698,099 
(1) Other than the United States, no other individual country accounted for 10% or more of total revenue for any of the periods presented.
(2) Asia-Pacific
(3) Europe, the Middle East and Africa
(4) Other than the United Kingdom, no other individual country accounted for 10% or more of total revenue for any of the periods presented.
Disaggregation of Long-lived Assets
Long-lived assets consist of property and equipment and ROU assets. Long-lived assets by geographical region are as follows:
Year Ended December 31,
20252024
Americas
United States$171,140 $71,894 
APAC (1)
1,402 2,207 
EMEA (2)
United Kingdom8,615 17,016 
    Other (3)
310 — 
Total Long-lived Assets
$181,467 $91,117 
(1) Asia-Pacific
(2) Europe, the Middle East and Africa
(3) No other country in this geographic region represented more than 10% of the Company’s long-lived assets for the periods presented

Historical Timeline

Fiscal YearFiled
2025Feb 10, 2026Showing above
2024Feb 19, 2025

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.

Other Available Disclosures

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