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

Klaviyo (KVYO) Operating Expenses (2022 - 2026)

Klaviyo's (KVYO) quarterly Operating Expenses came in at $284.1 million in Q2 2026, up 12.19% year-over-year from $253.2 million in Q2 2025, and up 6.33% quarter-over-quarter from $267.1 million in Q1 2026.

Analysis

Klaviyo (KVYO) Operating Expenses (2022 - 2026) Analysis & Trends

Klaviyo has disclosed Operating Expenses across 5 years of filings, most recently posting $284.1 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 12.19% year-over-year to $284.1 million; the TTM figure through Jun 2026 stood at $1.1 billion (up 14.76% YoY), while the FY2025 annual figure was $989.3 million, up 23.62% from the prior year.
  • Operating Expenses came in at $284.1 million for Q2 2026 at Klaviyo, up from $267.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $419.2 million in Q3 2023 to a low of $112.0 million in Q4 2022.
  • Average Operating Expenses over 5 years is $213.5 million, with a median of $213.5 million recorded in 2024.
  • Year-over-year, Operating Expenses surged 273.57% in 2023 and slumped 53.72% in 2024.
  • Over 5 years, Operating Expenses stood at $112.0 million in 2022, then soared by 72.29% to $192.9 million in 2023, then advanced by 20.81% to $233.1 million in 2024, then advanced by 9.23% to $254.6 million in 2025, then climbed by 11.57% to $284.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $284.1 million in Q2 2026, $267.1 million in Q1 2026, and $254.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Zeta Global Holdings 7.10 Bn 6.79 Bn 261.77 Mn 425.84 Mn
2 Klaviyo 5.52 Bn 4.69 Bn 269.10 Mn 284.07 Mn
3 Braze 3.60 Bn 3.21 Bn 138.66 Mn 166.18 Mn
4 LiveRamp Holdings 2.30 Bn 1.92 Bn 150.94 Mn 130.78 Mn
5 Sharplink 865.57 Mn 809.37 Mn 11.27 Mn 85.41 Mn
6 Sprout Social 688.23 Mn 568.30 Mn 96.09 Mn 98.76 Mn
7 Yext 645.34 Mn 558.52 Mn 83.84 Mn 66.27 Mn
8 TechTarget 292.93 Mn 247.11 Mn 64.48 Mn 86.56 Mn
9 Marchex 69.04 Mn 60.89 Mn 6.60 Mn 11.35 Mn
10 Grandstand 66.68 Mn 57.88 Mn 31.83 Mn -25.16 Mn
Historic Data

Historic Data

Download Data
DateValue
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