Klaviyo annual operating expenses
2021
2022
2023
2024
2025
Klaviyo Operating Expenses Growth & History (KVYO)
Klaviyo's operating expenses was $989.3M for fiscal 2025.
View full Klaviyo company overviewKlaviyo annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $989.3M | $189.0M | +23.62% |
| 2024 | 2024-12-31 | $800.2M | −$50.6M | −5.95% |
| 2023 | 2023-12-31 | $850.8M | $451.1M | +112.84% |
| 2022 | 2022-12-31 | $399.8M | $114.6M | +40.18% |
| 2021 | 2021-12-31 | $285.2M | — | — |
Klaviyo quarterly operating expenses
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $284.1M | $30.9M | +12.19% |
| Q1 2026 | 2026-03-31 | $267.1M | $31.3M | +13.26% |
| Q4 2025 | 2025-12-31 | $254.6M | $21.5M | +9.23% |
| Q3 2025 | 2025-09-30 | $245.6M | $51.6M | +26.57% |
| Q2 2025 | 2025-06-30 | $253.2M | $67.2M | +36.14% |
| Q1 2025 | 2025-03-31 | $235.9M | $48.7M | +26.04% |
| Q4 2024 | 2024-12-31 | $233.1M | $40.1M | +20.81% |
| Q3 2024 | 2024-09-30 | $194.0M | −$225.2M | −53.72% |
| Q2 2024 | 2024-06-30 | $186.0M | $65.9M | +54.90% |
| Q1 2024 | 2024-03-31 | $187.1M | $68.5M | +57.75% |
| Q4 2023 | 2023-12-31 | $192.9M | — | — |
| Q3 2023 | 2023-09-30 | $419.2M | $307.0M | +273.57% |
| Q2 2023 | 2023-06-30 | $120.1M | — | — |
| Q1 2023 | 2023-03-31 | $118.6M | — | — |
| Q3 2022 | 2022-09-30 | $112.2M | — | — |
Klaviyo operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Klaviyo's operating expenses increased from $285.2M to $989.3M, a change of $704.1M. The latest reported quarter, Q2 2026, shows $284.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Klaviyo source filings ↗