Klaviyo (KVYO) Gross Margin (2022 - 2026)
Klaviyo (KVYO) posted Gross Margin of 72.62% for Q2 2026, down 3.08 percentage points from 75.70% a year earlier and down 2.49 percentage points from the prior quarter.
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Analysis
Klaviyo (KVYO) Gross Margin (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Klaviyo was 73.79%, down 1.63 percentage points year-over-year; for FY2025, it was 74.67%, down 1.72 percentage points from FY2024.
- Annual Gross Margin shows a four-year change of +3.82 percentage points (FY2021 to FY2025).
- In prior years, Klaviyo's Gross Margin was 76.39% in FY2024 (+1.87 pp), 74.52% in FY2023 (+1.60 pp), 72.92% in FY2022 (+2.06 pp) and 70.86% in FY2021.
- Quarterly Gross Margin has run from a low of 66.54% in Q3 2023 to a high of 78.60% in Q1 2024 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last seven quarters, with an average year-over-year change of -0.60 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2024, with a gain of 10.34 percentage points; the weakest was Q3 2023, with a drop of 6.09 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 75.11% (Q1 2026), 72.17% (Q4 2025) and 75.51% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 373.01 Bn | 337.83 Bn | 1.93 Bn | 83.43% |
| 2 | Oracle | 343.83 Bn | 215.96 Bn | - | - |
| 3 | Sap Se | 284.17 Bn | 211.56 Bn | 8.64 Bn | 73.13% |
| 4 | Salesforce | 182.25 Bn | 138.13 Bn | 8.70 Bn | 76.65% |
| 5 | Automatic Data Processing | 123.04 Bn | 109.84 Bn | 2.53 Bn | 46.00% |
| 6 | ServiceNow | 105.90 Bn | 85.16 Bn | 2.90 Bn | 70.51% |
| 7 | Intuit | 97.51 Bn | 76.85 Bn | 3.44 Bn | 79.10% |
| 8 | Relx | 75.90 Bn | 74.99 Bn | - | - |
| 9 | Thomson Reuters | 52.87 Bn | 48.84 Bn | - | - |
| 10 | Klaviyo | 6.17 Bn | 2.31 Bn | 269.10 Mn | 72.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Klaviyo Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=KVYO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "KVYO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=KVYO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();