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Klaviyo KVYO Total Operating Expenses

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Other financials

Income statement

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Revenue$370.6M+26.4%
Gross profit$269.1M+21.3%
Operating income-$15.0M+52.2%
Net income-$8.8M+63.6%
EPS (diluted)-$0.03+66.7%

Balance sheet

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Cash & equivalents$833.4M-11.0%
Total debt$113.9M+14.9%
Total equity$967.0M-11.8%
Total assets$1.4B-1.0%

Cash flow

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Operating cash flow$93.9M+68.5%
CapEx$6.6M+218%
Free cash flow$87.3M+62.7%

Valuation

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Market cap$4.76B-55.0%
Enterprise value$4.04B-58.5%
P/S3.4×-6.4×

Profitability

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Gross margin73.8%-1.6pp
Operating margin-1.9%-0.8pp
Net margin-5.7%+0.6pp
FCF margin18.2%+3.3pp

Returns & leverage

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Return on equity-6.1%+2.5pp
Debt / equity0.1×0.0×
Current ratio3.1×-1.8×

Where this comes from

Reported directly by Klaviyo in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Klaviyo’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001835830-26-000040
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Selling and marketing139,300126,632273,355250,159
Research and development91,93272,459171,964141,808
General and administrative52,83354,116105,89497,117
Total operating expenses284,065253,207551,213489,084
Operating loss(14,963)(31,326)(13,218)(55,076)
Other income:
Other expense(505)(898)(941)(1,562)
Interest income8,3629,74317,77319,002

Item 1. Financial Statements

FAQ

What is Klaviyo's total operating expenses?
Klaviyo (KVYO) reported total operating expenses of $284.07M in Q2 2026.
How has Klaviyo's total operating expenses changed year-over-year?
Klaviyo's total operating expenses increased by 12.2% year-over-year, from $253.21M to $284.07M.
What is the long-term trend for Klaviyo's total operating expenses?
Over 3 years (2021 to 2025), Klaviyo's total operating expenses has grown at a 51.4% compound annual growth rate (CAGR), from $285.18M to $989.25M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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