Klaviyo (KVYO) Operating Margin (2022 - 2026)

Klaviyo (KVYO) posted Operating Margin of 0.49% for Q1 2026, up 192.47% sequentially from 0.53% in Q4 2025, and up 897.0% YoY from 0.05% in Q1 2025.

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

Klaviyo has reported Operating Margin for 5 years, with the latest figure at 0.49% in Q1 2026.

Quarterly Operating Margin rose 897.0% year-over-year to 0.49% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.22% (up 529.0% YoY) and the FY2025 annual result came in at 5.49%, up 348.0% from the prior year.
Operating Margin climbed to 0.49% in Q1 2026 per KVYO's latest filing, from 0.53% in the prior quarter.
Over five years, Operating Margin peaked at 4.27% in Q2 2023 and troughed at 171.89% in Q3 2023.
A 5-year average of 17.83% and a median of 6.32% in 2024 frame the typical range for Operating Margin.
The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 15036 bps in 2023, then surged 16625 bps in 2024.
Over 5 years, Operating Margin stood at 2.81% in 2022, then plunged by 542 bps to 18.02% in 2023, then increased by 29 bps to 12.83% in 2024, then surged by 96 bps to 0.53% in 2025, then jumped by 192 bps to 0.49% in 2026.
According to Business Quant data, Operating Margin over the past three periods registered 0.49%, 0.53%, and 3.49% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Operating Margin (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	27.70%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	13.62%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	21.08%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	13.32%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	4.06%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	-23.45%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	-33.33%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	33.82%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	46.97%
10	Klaviyo	5.49 Bn	4.66 Bn	269.10 Mn	-4.04%

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