Klaviyo (NYSE:KVYO) Announces Quarterly Earnings Results, Meets Estimates

Klaviyo (NYSE:KVYO) issued its quarterly earnings data on Wednesday. The company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19, FiscalAI reports. Klaviyo had a net margin of 0.49% and a return on equity of 5.43%. The company had revenue of $370.58 million during the quarter, compared to the consensus estimate of $362.08 million. During the same quarter in the previous year, the firm posted $0.16 earnings per share. Klaviyo’s revenue for the quarter was up 26.4% compared to the same quarter last year.

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

• Q2 revenue reached $370.6 million, up 26% year over year and ahead of guidance, driven by strength in text messaging, WhatsApp, Marketing Analytics, enterprise deals, and cross-selling.
• Klaviyo raised its full-year 2026 revenue guidance to $1.526 billion-$1.534 billion, or approximately 24% growth, reflecting broad momentum across enterprise, international, and multi-product adoption.
• Early adoption of AI products was strong, with Composer reaching more than 95,000 users and Customer Agent adoption increasing 40% quarter over quarter; management said these products are already generating measurable customer ROI and could become significant revenue drivers.
• Enterprise and international momentum continued, including major wins with Warner Music Group, Claire’s, the San Francisco 49ers, and Country Road Group; customers with at least $50,000 in ARR grew 36% year over year, while revenue outside the Americas rose 35%.
• Non-GAAP gross margin fell to 73.4% due to text-message mix, carrier fees, and infrastructure investments, while full-year operating-income guidance was reduced to $212 million-$218 million, partly reflecting $10 million-$12 million of Agency acquisition costs and additional product investment.

Klaviyo Trading Down 1.6%

Shares of KVYO stock traded down $0.27 during mid-day trading on Friday, reaching $16.46. The stock had a trading volume of 4,528,652 shares, compared to its average volume of 5,453,349. Klaviyo has a 1-year low of $12.53 and a 1-year high of $36.22. The firm has a market cap of $4.93 billion, a price-to-earnings ratio of 823.01 and a beta of 0.54. The business’s fifty day moving average is $16.22 and its 200-day moving average is $17.94.

Insider Activity at Klaviyo

In related news, Director Ledger Susan St. sold 9,334 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $14.27, for a total value of $133,196.18. Following the transaction, the director owned 10,939 shares in the company, valued at approximately $156,099.53. This represents a 46.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of Klaviyo stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $13.23, for a total transaction of $185,220.00. Following the sale, the chief financial officer owned 852,192 shares of the company’s stock, valued at approximately $11,274,500.16. The trade was a 1.62% 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. Insiders have sold a total of 649,863 shares of company stock worth $9,521,105 over the last quarter. Insiders own 37.42% of the company’s stock.

Institutional Investors Weigh In On Klaviyo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in shares of Klaviyo by 59.4% in the first quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock worth $303,000 after buying an additional 3,730 shares during the last quarter. Amundi lifted its holdings in Klaviyo by 109.7% in the first quarter. Amundi now owns 14,361 shares of the company’s stock valued at $400,000 after acquiring an additional 7,514 shares during the period. AQR Capital Management LLC acquired a new position in Klaviyo in the first quarter valued at approximately $359,000. Woodline Partners LP boosted its position in Klaviyo by 54.5% in the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock worth $376,000 after purchasing an additional 4,379 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Klaviyo by 40.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock worth $4,483,000 after purchasing an additional 42,980 shares in the last quarter. 45.43% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Klaviyo

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Klaviyo reported second-quarter revenue of $370.6 million, up 26.4% year over year and above the $362.1 million consensus estimate. Adjusted earnings of $0.19 per share matched expectations and improved from $0.16 a year earlier. Klaviyo second-quarter earnings report
• Positive Sentiment: The company agreed to acquire the team and technology of Agency, an AI-native customer-success startup founded by Elias Torres. Torres will become Klaviyo’s chief product officer, potentially accelerating development of Composer, Customer Agent, and other AI products. Deal terms were not disclosed. Klaviyo Agency acquisition announcement
• Positive Sentiment: Stephens raised its price target to $25 from $24 and retained an “overweight” rating, indicating continued confidence in Klaviyo’s long-term growth and AI opportunity. Stephens Klaviyo price target update

Analyst Ratings Changes

KVYO has been the subject of a number of analyst reports. Canaccord Genuity Group decreased their price objective on Klaviyo from $32.00 to $29.00 and set a “buy” rating for the company in a research note on Thursday. Robert W. Baird set a $25.00 price target on shares of Klaviyo in a research report on Thursday. Truist Financial cut their price objective on shares of Klaviyo from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday. Weiss Ratings restated a “sell (e+)” rating on shares of Klaviyo in a research note on Wednesday, May 20th. Finally, TD Cowen cut their price target on shares of Klaviyo from $27.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.05.

Klaviyo Company Profile

Klaviyo, Inc is a cloud-based marketing automation platform that enables businesses to leverage customer data for targeted email and SMS campaigns. The company’s platform centralizes first-party data from various sources—including e-commerce storefronts, websites, and CRM systems—to help organizations deliver personalized marketing across the customer lifecycle. Klaviyo’s core offerings include segmented email marketing, automated messaging workflows, and performance analytics designed to drive customer engagement and revenue growth.

The platform provides a suite of tools for campaign creation and management, including drag-and-drop email and SMS builders, dynamic content rendering, and A/B testing capabilities.