Klaviyo KVYO
NYSE KVYO
$18.60 -1.15 (-5.82%)
At close: Sep 4, 2026 · 4:00 PM EDT

Klaviyo (KVYO) Gross Margin (2022 - 2026)

Klaviyo's (KVYO) quarterly Gross Margin came in at 72.62% in Q2 2026, down 308.0% year-over-year from 34.91% in Q2 2025, and down 3.32% quarter-over-quarter from 75.11% in Q1 2026.

Analysis

Klaviyo (KVYO) Gross Margin (2022 - 2026) Analysis & Trends

Klaviyo has disclosed Gross Margin across 5 years of filings, most recently posting 72.62% for Q2 2026.

  • In Q2 2026, Gross Margin fell 308.0% year-over-year to 72.62%; the TTM figure through Jun 2026 stood at 73.79% (down 163.0% YoY), while the FY2025 annual figure was 74.67%, down 172.0% from the prior year.
  • Gross Margin came in at 72.62% for Q2 2026 at Klaviyo, down from 75.11% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 78.6% in Q1 2024 to a low of 66.54% in Q3 2023.
  • Average Gross Margin over 5 years is 74.88%, with a median of 75.6% recorded in 2025.
  • Year-over-year, Gross Margin plunged 609 bps in 2023 and soared 1034 bps in 2024.
  • Over 5 years, Gross Margin stood at 74.3% in 2022, then increased by 5 bps to 77.67% in 2023, then dropped by 5 bps to 73.45% in 2024, then fell by 2 bps to 72.17% in 2025, then advanced by 1 bps to 72.62% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 72.62% in Q2 2026, 75.11% in Q1 2026, and 72.17% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Zeta Global Holdings 7.10 Bn 6.79 Bn 261.77 Mn 59.12%
2 Klaviyo 5.52 Bn 4.69 Bn 269.10 Mn 72.62%
3 Braze 3.60 Bn 3.21 Bn 138.66 Mn 65.72%
4 LiveRamp Holdings 2.30 Bn 1.92 Bn 150.94 Mn 70.54%
5 Sharplink 865.57 Mn 809.37 Mn 11.27 Mn 97.76%
6 Sprout Social 688.23 Mn 568.30 Mn 96.09 Mn 77.59%
7 Yext 645.34 Mn 558.52 Mn 83.84 Mn 75.46%
8 TechTarget 292.93 Mn 247.11 Mn 64.48 Mn 55.52%
9 Marchex 69.04 Mn 60.89 Mn 6.60 Mn 59.97%
10 Grandstand 66.68 Mn 57.88 Mn 31.83 Mn 84.29%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 72.62%
Mar 31, 2026 75.11%
Dec 31, 2025 72.17%
Sep 30, 2025 75.51%
Jun 30, 2025 75.70%
Mar 31, 2025 75.81%
Dec 31, 2024 73.45%
Sep 30, 2024 76.88%
Jun 30, 2024 77.38%
Mar 31, 2024 78.60%
Dec 31, 2023 77.67%
Sep 30, 2023 66.54%
Jun 30, 2023 77.23%
Mar 31, 2023 76.57%
Dec 31, 2022 74.30%
Sep 30, 2022 72.63%