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Klaviyo (KVYO) Research & Development (2022 - 2025)

Klaviyo's Research & Development history spans 4 years, with the latest figure at $76.7 million for Q4 2025.

  • For Q4 2025, Research & Development rose 8.29% year-over-year to $76.7 million; the TTM value through Dec 2025 reached $291.2 million, up 22.12%, while the annual FY2025 figure was $291.2 million, 22.12% up from the prior year.
  • Research & Development for Q4 2025 was $76.7 million at Klaviyo, up from $72.7 million in the prior quarter.
  • Across five years, Research & Development topped out at $141.5 million in Q3 2023 and bottomed at $28.7 million in Q4 2022.
  • The 4-year median for Research & Development is $56.1 million (2024), against an average of $63.1 million.
  • The largest annual shift saw Research & Development surged 83.32% in 2023 before it plummeted 60.57% in 2024.
  • A 4-year view of Research & Development shows it stood at $28.7 million in 2022, then skyrocketed by 83.32% to $52.6 million in 2023, then soared by 34.62% to $70.9 million in 2024, then increased by 8.29% to $76.7 million in 2025.
  • Per Business Quant, the three most recent readings for KVYO's Research & Development are $76.7 million (Q4 2025), $72.7 million (Q3 2025), and $72.5 million (Q2 2025).