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| Date | Value |
|---|---|
| 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 |