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| Date | Value |
|---|---|
| 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 |