Klaviyo (KVYO) Operating Margin (2022 - 2026)
Klaviyo (KVYO) reported Operating Margin of -4.04% for Q2 2026, up 6.65 percentage points from -10.69% a year earlier but down 4.53 percentage points from the prior quarter.
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Analysis
Klaviyo (KVYO) Operating Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Klaviyo's Operating Margin came in at -1.86%, up 7.69 percentage points year-over-year; for FY2025, it came in at -5.49%, up 3.48 percentage points from FY2024.
- Operating Margin has a four-year change of +21.77 percentage points (FY2021 to FY2025).
- By year, Operating Margin came in at -8.97% in FY2024 (+38.39 pp), -47.36% in FY2023 (-35.72 pp), -11.64% in FY2022 (+15.62 pp) and -27.26% in FY2021.
- Five-year quarterly Operating Margin spans a low of -171.89% in Q3 2023 and a high of 4.27% in Q2 2023.
- Year over year, Operating Margin has now increased in each of the last four quarters, with an average year-over-year change of +24.90 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q3 2024 (a gain of 166.25 percentage points); the low point was Q3 2023 (a drop of 150.36 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.49% (Q1 2026), -0.53% (Q4 2025) and -3.49% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 448.02 Bn | 416.97 Bn | 1.64 Bn | 47.12% |
| 2 | Oracle | 381.28 Bn | 253.41 Bn | - | 34.78% |
| 3 | Sap Se | 259.53 Bn | 187.32 Bn | 8.40 Bn | 26.76% |
| 4 | Salesforce | 197.28 Bn | 153.16 Bn | 8.70 Bn | 20.55% |
| 5 | ServiceNow | 145.34 Bn | 123.80 Bn | 2.82 Bn | 4.06% |
| 6 | Automatic Data Processing | 115.16 Bn | 97.29 Bn | 2.51 Bn | -33.33% |
| 7 | Intuit | 89.15 Bn | 68.50 Bn | 3.44 Bn | 10.91% |
| 8 | Relx | 71.36 Bn | 70.45 Bn | - | - |
| 9 | Thomson Reuters | 48.53 Bn | 45.32 Bn | - | 28.56% |
| 10 | Klaviyo | 5.02 Bn | 1.16 Bn | 269.10 Mn | -4.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.04% |
| Mar 31, 2026 | 0.49% |
| Dec 31, 2025 | -0.53% |
| Sep 30, 2025 | -3.49% |
| Jun 30, 2025 | -10.69% |
| Mar 31, 2025 | -8.49% |
| Dec 31, 2024 | -12.83% |
| Sep 30, 2024 | -5.65% |
| Jun 30, 2024 | -6.32% |
| Mar 31, 2024 | -10.52% |
| Dec 31, 2023 | -18.02% |
| Sep 30, 2023 | -171.89% |
| Jun 30, 2023 | 4.27% |
| Mar 31, 2023 | 0.56% |
| Dec 31, 2022 | -2.81% |
| Sep 30, 2022 | -21.54% |
API Access
Klaviyo Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=KVYO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "KVYO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=KVYO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();