Growth Metrics

Klaviyo (KVYO) Cost of Revenue (2022 - 2025)

Klaviyo (KVYO) has disclosed Cost of Revenue for 4 consecutive years, with $291.2 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue rose 147.1% to $291.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $562.1 million through Dec 2025, up 80.37% year-over-year, with the annual reading at $506.2 million for FY2025, 25.24% up from the prior year.
  • Cost of Revenue hit $291.2 million in Q4 2025 for Klaviyo, up from $76.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $291.2 million in Q4 2025 to a low of $37.3 million in Q4 2022.
  • Historically, Cost of Revenue has averaged $93.5 million across 4 years, with a median of $67.3 million in 2023.
  • Biggest five-year swings in Cost of Revenue: crashed 67.62% in 2024 and later soared 174.88% in 2025.
  • Year by year, Cost of Revenue stood at $37.3 million in 2022, then rose by 20.58% to $45.0 million in 2023, then soared by 161.77% to $117.8 million in 2024, then surged by 147.1% to $291.2 million in 2025.
  • Business Quant data shows Cost of Revenue for KVYO at $291.2 million in Q4 2025, $76.1 million in Q3 2025, and $71.2 million in Q2 2025.