Klaviyo, Inc. (KVYO) Research & Development Expenses
The r&d expense for Klaviyo, Inc. (KVYO) is $291.21 Million with a year-over-year change of +22.12%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
KVYO R&D Expense Chart
Current R&D Expense
$291.21M
$291.21 Million
Year-over-Year Change
+22.12%
vs. $238.46M prior year
Historical Data
5
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $291.21M | +$52.75M | +22.12% |
| 2024 | $238.46M | $-23.72M | -9.05% |
| 2023 | $262.18M | +$158.10M | +151.91% |
| 2022 | $104.08M | +$38.48M | +58.66% |
| 2021 | $65.60M | — | — |
About Klaviyo, Inc.
Klaviyo, Inc. is a technology company offering a software-as-a-service (SaaS) platform that empowers its clients to send highly targeted and pertinent messages via email, text message (SMS), and push notifications. The firm's primary product, Klaviyo, is a marketing automation platform engineered for personalized outreach. Its comprehensive suite of solutions includes an email marketing tool that meticulously monitors clicks and purchases to enhance campaign effectiveness; an SMS service crafted for fostering e-commerce expansion and customer loyalty; and a mobile push feature for direct engagement with users through lock screen alerts. Additionally, Klaviyo provides a Review solution to collect product feedback and a robust customer data platform (CDP) designed for efficient storage, analysis, and utilization of large datasets. The company caters to individual users, small and medium-sized businesses, and larger corporations across North America, Western Europe, Canada, the United Kingdom, Australia, and New Zealand. Established in 2012, Klaviyo is headquartered in Boston, Massachusetts.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Andrew Bialecki