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

Klaviyo's (KVYO) quarterly Research & Development came in at $80.0 million in Q1 2026, up 15.4% year-on-year from $69.3 million in Q1 2025, and up 4.3% quarter-over-quarter from $76.7 million in Q4 2025.

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

Klaviyo has disclosed Research & Development across 5 years of filings, most recently posting $80.0 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $80.0 million, up 15.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $301.9 million (up 19.94% YoY), and the FY2025 annual result was $291.2 million, up 22.12% from the prior year.
  • Research & Development came in at $80.0 million for Q1 2026 at Klaviyo, up from $76.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $141.5 million in Q3 2023 to a low of $28.7 million in Q4 2022.
  • The 5-year median for Research & Development is $56.1 million (2024), against an average of $62.0 million.
  • Across the five-year window, Research & Development jumped 370.11% in 2023 and tumbled 60.57% in 2024, its largest moves.
  • Klaviyo's Research & Development stood at $28.7 million in 2022, then soared by 83.32% to $52.6 million in 2023, then surged by 34.62% to $70.9 million in 2024, then gained by 8.29% to $76.7 million in 2025, then advanced by 4.3% to $80.0 million in 2026.
  • The last three Research & Development figures came in at $80.0 million (Q1 2026), $76.7 million (Q4 2025), and $72.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -37.02 Mn
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 1.63 Bn
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 951.00 Mn
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 437.00 Mn
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 823.00 Mn
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 508.44 Mn
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 1.11 Bn
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 253.90 Mn
10 Klaviyo 4.51 Bn 4.13 Bn 268.89 Mn 80.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 80.03 Mn
Dec 31, 2025 76.73 Mn
Sep 30, 2025 72.67 Mn
Jun 30, 2025 72.46 Mn
Mar 31, 2025 69.35 Mn
Dec 31, 2024 70.86 Mn
Sep 30, 2024 55.77 Mn
Jun 30, 2024 55.74 Mn
Mar 31, 2024 56.10 Mn
Dec 31, 2023 52.64 Mn
Sep 30, 2023 141.46 Mn
Jun 30, 2023 33.06 Mn
Mar 31, 2023 35.03 Mn
Dec 31, 2022 28.71 Mn
Sep 30, 2022 30.09 Mn