Klaviyo profit margin KVYO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2023.
- Net margin, 12 months
- 0.5%
- Operating margin, 12 months
- −1.9%
- Net margin on a year earlier
- +6.7 pts
- Peer median
- 11.7%
Over the twelve months to Jun 30, 2026, Klaviyo kept 0.5% of its revenue as net profit, with an operating margin of −1.9% and a gross margin of 73.8%.
The median for 10 infrastructure software stocks of a similar size is 11.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −2.6% | −5.5% | 74.7% |
| FY2024 | −4.9% | −9.0% | 76.4% |
| FY2023 | −44.2% | −47.4% | 74.5% |
| FY2022 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 0.5% | +6.7 pts | −1.9% | |
| Q1 FY26 | −0.7% | +4.0 pts | −3.2% | |
| Q4 FY25 | −2.6% | +2.3 pts | −5.5% | |
| Q3 FY25 | −5.7% | −0.5 pts | −8.7% | |
| Q2 FY25 | −6.2% | +36.0 pts | −9.6% | |
| Q1 FY25 | −4.7% | +38.6 pts | −8.5% | |
| Q4 FY24 | −4.9% | +39.2 pts | −9.0% | |
| Q3 FY24 | −5.2% | +38.8 pts | −9.9% | |
| Q2 FY24 | −42.1% | −40.5 pts | −46.3% | |
| Q1 FY24 | −43.3% | n/a | −47.0% | |
| Q4 FY23 | −44.2% | n/a | −47.4% | |
| Q3 FY23 | −44.1% | n/a | −46.5% |
Against its peers
Companies in Software - Infrastructure nearest Klaviyo's size, closest first, today.
| Company | Profit margin |
|---|---|
| KVYOKlaviyo | 0.5% |
| BOXBox | 10.6% |
| SAICScience Applications International | 5.1% |
| YOUClear Secure | 14.8% |
| ACIWACI Worldwide | 12.4% |
| WAYWaystar | 11.2% |
| OTEXOpen Text | 12.3% |
| PSNParsons | 2.5% |
| BBBLACKBERRY | 13.1% |
| CVLTCommvault Systems | 5.6% |
| PATHUiPath | 21.0% |
| Peer median | 11.7% |
Where Klaviyo ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Klaviyo
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.