Klaviyo (NYSE:KVYO) Issues Quarterly Earnings Results, Hits Estimates

Klaviyo (NYSE:KVYO) issued its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19, FiscalAI reports. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The company had revenue of $370.58 million for the quarter, compared to analysts’ expectations of $362.08 million. During the same period in the previous year, the firm posted $0.16 earnings per share. The firm’s revenue for the quarter was up 26.4% on a year-over-year basis.

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 Up 2.0%

Shares of KVYO stock traded up $0.38 on Wednesday, reaching $19.48. 13,427,433 shares of the company’s stock were exchanged, compared to its average volume of 4,384,063. Klaviyo has a 52 week low of $12.53 and a 52 week high of $36.76. The stock has a market capitalization of $5.83 billion, a PE ratio of 127.33 and a beta of 0.54. The company’s fifty day simple moving average is $16.18 and its 200 day simple moving average is $17.99.

Analysts Set New Price Targets

KVYO has been the subject of a number of recent research reports. Wall Street Zen upgraded Klaviyo from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Jefferies Financial Group set a $25.00 price target on Klaviyo in a report on Saturday, May 9th. Morgan Stanley set a $34.00 price target on Klaviyo in a research report on Wednesday, April 29th. The Goldman Sachs Group set a $26.00 price objective on shares of Klaviyo and gave the company a “buy” rating in a research report on Wednesday, June 24th. Finally, Citigroup increased their target price on shares of Klaviyo from $31.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $30.95.

Insider Activity at Klaviyo

In other Klaviyo news, Director Ledger Susan St. sold 9,334 shares of the company’s stock in a transaction on Monday, May 18th. The stock was 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 of the company’s stock, valued at $156,099.53. This represents a 46.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total value of $3,105,048.69. Following the completion of the sale, the chief executive officer owned 212,529 shares in the company, valued at approximately $3,105,048.69. The trade was a 50.00% decrease in their position. 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 sold a total of 649,863 shares of company stock worth $9,521,105 in the last quarter. 37.42% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd boosted its position in Klaviyo by 1,650.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after buying an additional 908 shares during the period. Quarry LP purchased a new position in shares of Klaviyo during the third quarter worth approximately $44,000. Osaic Holdings Inc. raised its stake in shares of Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after acquiring an additional 1,284 shares in the last quarter. Lazard Asset Management LLC bought a new stake in shares of Klaviyo during the second quarter valued at approximately $124,000. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Klaviyo by 29.5% in the fourth quarter. Advisors Asset Management Inc. now owns 4,171 shares of the company’s stock valued at $135,000 after purchasing an additional 951 shares during the period. Hedge funds and other institutional investors own 45.43% of the company’s stock.

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.