Klaviyo Series A (KVYO) vs Varonis Systems (VRNS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Varonis Systems (VRNS) has outperformed Klaviyo Series A (KVYO) over the past year, losing 22.8% versus a loss of 32.8%. Varonis Systems is the larger company by market cap ($5.61 billion vs $5.26 billion), about 1.1 times the size, while Klaviyo Series A is growing revenue faster (+31.6% vs +13.2%). On valuation, Klaviyo Series A trades at a lower forward P/E (16.6x vs 119.7x for Varonis Systems).
Klaviyo Series A converts more of its revenue into profit, with a net margin of -2.6% versus -20.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | KVYO | VRNS |
|---|---|---|
| Share price | $17.57 | $48.88 |
| Market cap | $5.26B | $5.61B |
| 1-day change | +0.92% | -0.16% |
| YTD return | -45.89% | +49.02% |
| 1-year return | -32.76% | -22.79% |
| 5-year return | — | -22.07% |
| P/E ratio (TTM) | 585.67 | — |
| Forward P/E | 16.61 | 119.75 |
| EPS (TTM) | $0.03 | $-1.22 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.23B | $623.53M |
| Revenue growth (YoY) | +31.63% | +13.17% |
| Net income (latest FY) | $-31.77M | $-129.32M |
| Gross margin | 74.67% | 78.83% |
| Operating margin | -5.49% | -23.50% |
| Net margin | -2.57% | -20.74% |
| 52-week high | $33.36 | $63.90 |
| 52-week low | $12.53 | $19.70 |
| Distance from 52-week high | -47.32% | -23.51% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +51.22% | +4.99% |
| Average volume | 6.00M | 1.76M |
| Shares outstanding | 140.90M | 114.86M |
| Employees | 2,400 | 2,658 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Klaviyo Series A is more profitable, keeping -2.6 cents of every revenue dollar as net income versus -20.7 cents for Varonis Systems.
- Klaviyo Series A grew revenue faster in its latest fiscal year (+31.63% vs +13.17%).
About Klaviyo Series A
KVYO stock →Klaviyo, Inc. provides a cloud-based software-as-a-service platform in the United States, rest of the Americas, the Asia-Pacific, the United Kingdom, rest of Europe, the Middle East, and Africa.
Technology · Computer Software: Prepackaged Software · 2,400 employees
About Varonis Systems
VRNS stock →Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds.
Technology · Computer Software: Prepackaged Software · 2,658 employees
KVYO vs VRNS FAQ
Which is bigger, Klaviyo Series A or Varonis Systems?
Varonis Systems (VRNS) is larger, with a market capitalization of $5.61B compared with $5.26B for Klaviyo Series A (KVYO).
Which stock has performed better over the past year, KVYO or VRNS?
VRNS returned -22.79% over the past 12 months, compared with -32.76% for KVYO (price return, excluding dividends). Past performance does not predict future results.
Are Klaviyo Series A and Varonis Systems in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.