Klaviyo (KVYO) Cost of Revenue (2022 - 2026)

Klaviyo has disclosed Cost of Revenue across 5 years of filings, most recently posting $101.5 million for Q2 2026.

• In Q2 2026, Cost of Revenue rose 42.45% year-over-year to $101.5 million; the TTM figure through Jun 2026 stood at $364.2 million (up 37.41% YoY), while the FY2025 annual figure was $312.5 million, up 41.22% from the prior year.
• Cost of Revenue came in at $101.5 million for Q2 2026 at Klaviyo, up from $89.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $101.5 million in Q2 2026 to a low of $32.6 million in Q3 2022.
• Average Cost of Revenue over 5 years is $60.8 million, with a median of $56.6 million recorded in 2023.
• Year-over-year, Cost of Revenue soared 80.34% in 2023 and declined 7.6% in 2024.
• Over 5 years, Cost of Revenue stood at $37.3 million in 2022, then gained by 20.58% to $45.0 million in 2023, then jumped by 59.37% to $71.7 million in 2024, then jumped by 35.83% to $97.4 million in 2025, then grew by 4.14% to $101.5 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $101.5 million in Q2 2026, $89.1 million in Q1 2026, and $97.4 million in Q4 2025.