We study the growth and saturation of complexity in Krylov basis in random quantum circuits. In Haar-random unitary evolution, we show that, for large system sizes, this notion of complexity grows linearly before saturating at a late-time value of , where is the Hilbert space dimension, at timescales . Our numerical analysis encompasses two classes of random circuits: brick-wall random unitary circuits and Floquet random circuits. In brick-wall case, complexity in Krylov basis exhibits dynamics consistent with Haar-random unitary evolution, while the inclusion of measurements significantly slows its growth down. For Floquet random circuits, we show that localized phases lead to reduced late-time saturation values of the complexity enabling us to probe the transition between thermal and many-body localized phases.

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