Klaviyo (NYSE:KVYO) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Klaviyo (NYSE:KVYO) announced its quarterly earnings results on Wednesday. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05, FiscalAI reports. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. The firm had revenue of $387.21 million for the quarter, compared to the consensus estimate of $380.02 million. During the same period in the prior year, the firm posted $0.18 earnings per share. The firm’s quarterly revenue was up 24.5% compared to the same quarter last year.

Here are the key takeaways from Klaviyo’s conference call:

• Klaviyo reported Q3 revenue of $387.2 million, up 25% year over year, and raised its 2026 revenue and operating income outlook. Q4 revenue guidance implies 21% growth at the midpoint.
• Enterprise and multi-product momentum strengthened: customers with at least $500,000 in ARR grew 57% year over year to 105, and multi-product deals accounted for 43% of new ARR. International revenue outside the Americas rose 32%.
• Composer usage rose sharply after its latest release, but adoption remains early, with daily active accounts using it around 5% of Klaviyo’s total. Management is prioritizing broader adoption and workflow automation before focusing on monetization.
• Net revenue retention was 108%, with profile enforcement expected to remain a headwind through Q1 and more customers landing with multiple products potentially reducing later expansion. Management also expects Q4 gross margin to step down as text messaging becomes a larger seasonal mix.

Klaviyo Stock Performance

Shares of NYSE:KVYO traded down $0.10 during midday trading on Wednesday, reaching $21.23. 7,829,321 shares of the company’s stock traded hands, compared to its average volume of 5,154,837. Klaviyo has a 1 year low of $12.53 and a 1 year high of $33.35. The company has a market cap of $6.05 billion, a P/E ratio of 106.65 and a beta of 0.50. The company has a fifty day simple moving average of $18.02 and a two-hundred day simple moving average of $18.00.

Analyst Upgrades and Downgrades

Several research firms recently commented on KVYO. Benchmark lowered shares of Klaviyo from a “buy” rating to a “hold” rating in a research report on Thursday, August 6th. Piper Sandler decreased their price objective on shares of Klaviyo from $26.00 to $23.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. KeyCorp lowered their target price on shares of Klaviyo from $35.00 to $29.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. Mizuho set a $28.00 target price on Klaviyo in a research report on Thursday, August 6th. Finally, Needham & Company LLC restated a “buy” rating on shares of Klaviyo in a research report on Wednesday, September 2nd. Seventeen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $27.05.

Insider Transactions at Klaviyo

In related news, insider Landon Edmond sold 8,103 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $20.44, for a total value of $165,625.32. Following the completion of the sale, the insider owned 477,866 shares of the company’s stock, valued at approximately $9,767,581.04. The trade was a 1.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $18.47, for a total transaction of $258,580.00. Following the transaction, the chief financial officer owned 824,192 shares of the company’s stock, valued at $15,222,826.24. This represents a 1.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 5,275,468 shares of company stock worth $93,822,653 in the last ninety days. Company insiders own 37.42% of the company’s stock.

Klaviyo Company Profile

Klaviyo, Inc (NYSE: KVYO) provides a customer data and marketing automation platform designed primarily for businesses that sell online. Its software helps organizations collect, organize and analyze customer information, then use those insights to create personalized marketing and customer engagement campaigns.

The company’s platform supports communication across channels including email, SMS and mobile push notifications. Its products provide tools for audience segmentation, campaign orchestration, automation, analytics and reporting, with capabilities intended to help businesses improve customer acquisition, engagement and retention.