Filing Flows › Klaviyo (KVYO) › Q2 2026 › vs Q2 2025
Klaviyo (KVYO) Q2 2026 vs Q2 2025 (year over year)
Klaviyo's revenue rose $77.5M (+26%) from $293M in Q2 2025 to $371M in Q2 2026.
Klaviyo, Q2 2026: revenue $371M (+26% year over year), operating margin -4.0%, net loss $8.8M, operating cash flow $93.9M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $371M | $293M | $77.5M | +26% |
| Other income, net | $7.9M | $8.8M | −$988K | -11% |
| Net loss | $8.8M | $24.3M | −$15.4M | -64% |
| Costs & expenses | $387M | $326M | $61.0M | +19% |
| Operating costs | $386M | $324M | $61.1M | +19% |
| Income tax | $1.7M | $1.8M | −$57K | -3% |
| Cost of revenue | $101M | $71.2M | $30.2M | +42% |
| Research & development | $91.9M | $72.5M | $19.5M | +27% |
| Sales & marketing | $139M | $127M | $12.7M | +10% |
| General & admin | $52.8M | $54.1M | −$1.3M | -2% |
| Operating cash sources | $103M | $80.0M | $22.7M | +28% |
| Depreciation & amortization | $7.3M | $3.9M | $3.3M | +85% |
| Share-based compensation | $51.3M | $45.4M | $5.9M | +13% |
| Working capital & other | $44.1M | $30.7M | $13.4M | +44% |
| Net loss absorbed | $8.8M | $24.3M | −$15.4M | -64% |
| Operating cash flow | $93.9M | $55.7M | $38.2M | +68% |
Questions
How much did Klaviyo's revenue grow year over year in Q2 2026?
Klaviyo's revenue rose $77.5M (+26%) from $293M in Q2 2025 to $371M in Q2 2026.