Klaviyo (KVYO) Net Margin (2022 - 2026)
Klaviyo's (KVYO) quarterly Net Margin came in at 2.52% in Q1 2026, up 756.0% year-on-year from 0.29% in Q1 2025, and up 25.79% quarter-over-quarter from 2.01% in Q4 2025.
Klaviyo (KVYO) Net Margin (2022 - 2026) Analysis & Trends
Klaviyo has disclosed Net Margin across 5 years of filings, most recently posting 2.52% for Q1 2026.
- Net Margin for Q1 2026 came in at 2.52%, up 756.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.66% (up 404.0% YoY), and the FY2025 annual result was 2.57%, up 235.0% from the prior year.
- Net Margin came in at 2.52% for Q1 2026 at Klaviyo, up from 2.01% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 6.61% in Q2 2023 to a low of 168.99% in Q3 2023.
- The 5-year median for Net Margin is 2.22% (2024), against an average of 14.74%.
- Across the five-year window, Net Margin tumbled 14896 bps in 2023 and soared 16842 bps in 2024, its largest moves.
- Klaviyo's Net Margin stood at 0.52% in 2022, then plunged by 2409 bps to 13.04% in 2023, then climbed by 23 bps to 9.98% in 2024, then surged by 120 bps to 2.01% in 2025, then advanced by 26 bps to 2.52% in 2026.
- The last three Net Margin figures came in at 2.52% (Q1 2026), 2.01% (Q4 2025), and 0.14% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 18.74% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 2.29% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | -18.33% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 12.44% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 22.77% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 29.52% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 22.90% |
| 10 | Klaviyo | 4.51 Bn | 4.13 Bn | 268.89 Mn | 2.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.52% |
| Dec 31, 2025 | 2.01% |
| Sep 30, 2025 | -0.14% |
| Jun 30, 2025 | -8.28% |
| Mar 31, 2025 | -5.03% |
| Dec 31, 2024 | -9.98% |
| Sep 30, 2024 | -0.57% |
| Jun 30, 2024 | -2.22% |
| Mar 31, 2024 | -6.13% |
| Dec 31, 2023 | -13.04% |
| Sep 30, 2023 | -168.99% |
| Jun 30, 2023 | 6.61% |
| Mar 31, 2023 | 2.74% |
| Dec 31, 2022 | -0.52% |
| Sep 30, 2022 | -20.03% |