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

Klaviyo (KVYO) Research & Development (2022 - 2026)

Klaviyo's (KVYO) quarterly Research & Development came in at $139.3 million in Q2 2026, up 10.0% year-over-year from $126.6 million in Q2 2025, and up 3.91% quarter-over-quarter from $134.1 million in Q1 2026.

Analysis

Klaviyo (KVYO) Research & Development (2022 - 2026) Analysis & Trends

Klaviyo has disclosed Research & Development across 5 years of filings, most recently posting $139.3 million for Q2 2026.

  • In Q2 2026, Research & Development rose 10.0% year-over-year to $139.3 million; the TTM figure through Jun 2026 stood at $529.4 million (up 13.13% YoY), while the FY2025 annual figure was $506.2 million, up 25.24% from the prior year.
  • Research & Development came in at $139.3 million for Q2 2026 at Klaviyo, up from $134.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $167.9 million in Q3 2023 to a low of $60.4 million in Q4 2022.
  • Average Research & Development over 5 years is $106.3 million, with a median of $110.2 million recorded in 2023.
  • Year-over-year, Research & Development soared 173.05% in 2023 and tumbled 40.42% in 2024.
  • Over 5 years, Research & Development stood at $60.4 million in 2022, then jumped by 69.61% to $102.5 million in 2023, then rose by 14.93% to $117.8 million in 2024, then advanced by 9.0% to $128.4 million in 2025, then rose by 8.46% to $139.3 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $139.3 million in Q2 2026, $134.1 million in Q1 2026, and $128.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Zeta Global Holdings 7.10 Bn 6.79 Bn 261.77 Mn 104.04 Mn
2 Klaviyo 5.52 Bn 4.69 Bn 269.10 Mn 139.30 Mn
3 Braze 3.60 Bn 3.21 Bn 138.66 Mn 89.19 Mn
4 LiveRamp Holdings 2.30 Bn 1.92 Bn 150.94 Mn 51.93 Mn
5 Sharplink 865.57 Mn 809.37 Mn 11.27 Mn -
6 Sprout Social 688.23 Mn 568.30 Mn 96.09 Mn 47.42 Mn
7 Yext 645.34 Mn 558.52 Mn 83.84 Mn 26.31 Mn
8 TechTarget 292.93 Mn 247.11 Mn 64.48 Mn 29.67 Mn
9 Marchex 69.04 Mn 60.89 Mn 6.60 Mn 2.30 Mn
10 Grandstand 66.68 Mn 57.88 Mn 31.83 Mn -16.14 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 139.30 Mn
Mar 31, 2026 134.06 Mn
Dec 31, 2025 128.43 Mn
Sep 30, 2025 127.65 Mn
Jun 30, 2025 126.63 Mn
Mar 31, 2025 123.53 Mn
Dec 31, 2024 117.83 Mn
Sep 30, 2024 100.02 Mn
Jun 30, 2024 94.50 Mn
Mar 31, 2024 91.86 Mn
Dec 31, 2023 102.52 Mn
Sep 30, 2023 167.88 Mn
Jun 30, 2023 63.36 Mn
Mar 31, 2023 60.61 Mn
Dec 31, 2022 60.45 Mn
Sep 30, 2022 61.48 Mn