Klaviyo (KVYO) Cost of Revenue (2022 - 2026)
Klaviyo (KVYO) reported Cost of Revenue of $89.1 million for Q1 2026, up 31.63% on a YoY basis from $67.7 million in Q1 2025, and down 8.55% sequentially from $97.4 million in Q4 2025.
Klaviyo (KVYO) Cost of Revenue (2022 - 2026) Analysis & Trends
Klaviyo (KVYO) has 5 years of Cost of Revenue data on file, last reported at $89.1 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 31.63% year-over-year to $89.1 million; the trailing twelve-month figure through Mar 2026 stood at $333.9 million (up 36.82% YoY), and the FY2025 full-year result was $312.5 million, up 41.22% from the prior year.
- Cost of Revenue fell to $89.1 million in Q1 2026, from $97.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $97.4 million in Q4 2025 to a low of $32.6 million in Q3 2022.
- A 5-year average of $58.1 million and a median of $54.4 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 80.34% in 2023 and dropped 7.6% in 2024, its largest moves.
- Tracing KVYO's Cost of Revenue over 5 years: stood at $37.3 million in 2022, then rose by 20.58% to $45.0 million in 2023, then soared by 59.37% to $71.7 million in 2024, then soared by 35.83% to $97.4 million in 2025, then decreased by 8.55% to $89.1 million in 2026.
- Business Quant data shows KVYO's Cost of Revenue at $89.1 million in Q1 2026, $97.4 million in Q4 2025, and $76.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Klaviyo | 5.37 Bn | 4.99 Bn | 268.89 Mn | 89.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 89.11 Mn |
| Mar 31, 2026 | 89.11 Mn |
| Dec 31, 2025 | 97.44 Mn |
| Dec 31, 2025 | 97.44 Mn |
| Sep 30, 2025 | 76.14 Mn |
| Sep 30, 2025 | 76.14 Mn |
| Jun 30, 2025 | 71.24 Mn |
| Jun 30, 2025 | 71.24 Mn |
| Mar 31, 2025 | 67.70 Mn |
| Mar 31, 2025 | 67.70 Mn |
| Dec 31, 2024 | 71.74 Mn |
| Dec 31, 2024 | 71.74 Mn |
| Sep 30, 2024 | 54.36 Mn |
| Sep 30, 2024 | 54.36 Mn |
| Jun 30, 2024 | 50.27 Mn |
| Jun 30, 2024 | 50.27 Mn |
| Mar 31, 2024 | 44.94 Mn |
| Mar 31, 2024 | 44.94 Mn |
| Dec 31, 2023 | 45.01 Mn |
| Dec 31, 2023 | 45.01 Mn |