Klaviyo (KVYO) Operating Expenses (2022 - 2026)
Klaviyo (KVYO) posted Operating Expenses of $267.1 million for Q1 2026, up 4.93% sequentially from $254.6 million in Q4 2025, and up 13.26% YoY from $235.9 million in Q1 2025.
Klaviyo (KVYO) Operating Expenses (2022 - 2026) Analysis & Trends
Klaviyo has reported Operating Expenses for 5 years, with the latest figure at $267.1 million in Q1 2026.
- Quarterly Operating Expenses rose 13.26% year-over-year to $267.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 20.21% YoY) and the FY2025 annual result came in at $989.3 million, up 23.62% from the prior year.
- Operating Expenses improved to $267.1 million in Q1 2026 per KVYO's latest filing, from $254.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $419.2 million in Q3 2023 and troughed at $112.0 million in Q4 2022.
- A 5-year average of $208.8 million and a median of $194.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 273.57% in 2023, then tumbled 53.72% in 2024.
- Over 5 years, Operating Expenses stood at $112.0 million in 2022, then surged by 72.29% to $192.9 million in 2023, then grew by 20.81% to $233.1 million in 2024, then grew by 9.23% to $254.6 million in 2025, then climbed by 4.93% to $267.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $267.1 million, $254.6 million, and $245.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Klaviyo | 5.49 Bn | 4.66 Bn | 269.10 Mn | 284.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 284.07 Mn |
| Mar 31, 2026 | 267.15 Mn |
| Dec 31, 2025 | 254.60 Mn |
| Sep 30, 2025 | 245.57 Mn |
| Jun 30, 2025 | 253.21 Mn |
| Mar 31, 2025 | 235.88 Mn |
| Dec 31, 2024 | 233.08 Mn |
| Sep 30, 2024 | 194.02 Mn |
| Jun 30, 2024 | 186.00 Mn |
| Mar 31, 2024 | 187.15 Mn |
| Dec 31, 2023 | 192.94 Mn |
| Sep 30, 2023 | 419.19 Mn |
| Jun 30, 2023 | 120.08 Mn |
| Mar 31, 2023 | 118.64 Mn |
| Dec 31, 2022 | 111.98 Mn |
| Sep 30, 2022 | 112.21 Mn |