Klaviyo (KVYO) Operating Leases (2022 - 2026)

Klaviyo's (KVYO) quarterly Operating Leases came in at $117.2 million in Q1 2026, up 39.34% year-on-year from $84.1 million in Q1 2025, and up 22.1% quarter-over-quarter from $96.0 million in Q4 2025.

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

Klaviyo has disclosed Operating Leases across 5 years of filings, most recently posting $117.2 million for Q1 2026.

  • Operating Leases for Q1 2026 came in at $117.2 million, up 39.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $117.2 million (up 39.34% YoY), and the FY2025 annual result was $96.0 million, up 79.63% from the prior year.
  • Operating Leases came in at $117.2 million for Q1 2026 at Klaviyo, up from $96.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $117.2 million in Q1 2026 to a low of $32.1 million in Q2 2024.
  • The 5-year median for Operating Leases is $57.9 million (2022), against an average of $67.3 million.
  • Across the five-year window, Operating Leases tumbled 39.91% in 2023 and jumped 167.09% in 2025, its largest moves.
  • Klaviyo's Operating Leases stood at $62.4 million in 2022, then plunged by 39.91% to $37.5 million in 2023, then jumped by 42.51% to $53.4 million in 2024, then jumped by 79.63% to $96.0 million in 2025, then advanced by 22.1% to $117.2 million in 2026.
  • The last three Operating Leases figures came in at $117.2 million (Q1 2026), $96.0 million (Q4 2025), and $113.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn
2 Full Truck Alliance 171.61 Bn 169.06 Bn -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn
10 Klaviyo 4.51 Bn 4.13 Bn 268.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 117.21 Mn
Dec 31, 2025 95.99 Mn
Sep 30, 2025 113.41 Mn
Jun 30, 2025 80.10 Mn
Mar 31, 2025 84.12 Mn
Dec 31, 2024 53.44 Mn
Sep 30, 2024 42.46 Mn
Jun 30, 2024 32.07 Mn
Mar 31, 2024 48.38 Mn
Dec 31, 2023 37.50 Mn
Sep 30, 2023 40.02 Mn
Dec 31, 2022 62.41 Mn