Klaviyo annual operating margin
2021
2022
2023
2024
2025
Klaviyo Operating Margin Growth & History (KVYO)
Klaviyo's operating margin was −5.49% for fiscal 2025.
View full Klaviyo company overviewKlaviyo annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −5.49% | +3.48 pp |
| 2024 | 2024-12-31 | −8.97% | +38.39 pp |
| 2023 | 2023-12-31 | −47.36% | −35.72 pp |
| 2022 | 2022-12-31 | −11.64% | +15.62 pp |
| 2021 | 2021-12-31 | −27.26% | — |
Klaviyo quarterly operating margin
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 margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −4.04% | +6.65 pp |
| Q1 2026 | 2026-03-31 | 0.49% | +8.97 pp |
| Q4 2025 | 2025-12-31 | −0.53% | +12.30 pp |
| Q3 2025 | 2025-09-30 | −3.49% | +2.16 pp |
| Q2 2025 | 2025-06-30 | −10.69% | −4.36 pp |
| Q1 2025 | 2025-03-31 | −8.49% | +2.03 pp |
| Q4 2024 | 2024-12-31 | −12.83% | +5.19 pp |
| Q3 2024 | 2024-09-30 | −5.65% | +166.25 pp |
| Q2 2024 | 2024-06-30 | −6.32% | −10.60 pp |
| Q1 2024 | 2024-03-31 | −10.52% | −11.08 pp |
| Q4 2023 | 2023-12-31 | −18.02% | — |
| Q3 2023 | 2023-09-30 | −171.89% | −150.36 pp |
| Q2 2023 | 2023-06-30 | 4.27% | — |
| Q1 2023 | 2023-03-31 | 0.56% | — |
| Q3 2022 | 2022-09-30 | −21.54% | — |
Klaviyo operating margin trends
Between the periods ended 2021-12-31 and 2025-12-31, Klaviyo's operating margin increased from −27.26% to −5.49%, a change of +21.77 percentage points. The latest reported quarter, Q2 2026, shows −4.04%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Klaviyo source filings ↗