Klaviyo (NYSE:KVYO) Posts Earnings Results, Hits Estimates

Klaviyo (NYSE:KVYO) released its quarterly earnings results 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 negative net margin of 0.66% and a positive return on equity of 4.16%. The business 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 company earned $0.16 earnings per share. The firm’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 Price Performance

Shares of Klaviyo stock traded up $0.38 on Wednesday, reaching $19.48. 13,427,433 shares of the company traded hands, compared to its average volume of 5,397,929. The company has a 50 day moving average of $16.18 and a 200 day moving average of $17.99. Klaviyo has a 52 week low of $12.53 and a 52 week high of $36.76. The firm has a market capitalization of $5.83 billion, a PE ratio of -486.95 and a beta of 0.54.

Insider Activity at Klaviyo

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $13.23, for a total value of $185,220.00. Following the completion of the sale, the chief financial officer directly owned 852,192 shares of the company’s stock, valued at $11,274,500.16. This trade represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 649,863 shares of company stock worth $9,521,105. Insiders own 37.42% of the company’s stock.

Institutional Investors Weigh In On Klaviyo

Several large investors have recently added to or reduced their stakes in the company. Invesco Ltd. raised its stake in Klaviyo by 50.3% in the 4th quarter. Invesco Ltd. now owns 25,964 shares of the company’s stock valued at $843,000 after acquiring an additional 8,685 shares during the period. Vident Advisory LLC lifted its holdings in Klaviyo by 22.0% during the fourth quarter. Vident Advisory LLC now owns 12,555 shares of the company’s stock valued at $408,000 after purchasing an additional 2,267 shares during the last quarter. Delta Global Management LP boosted its position in Klaviyo by 52.7% during the fourth quarter. Delta Global Management LP now owns 785,308 shares of the company’s stock worth $25,499,000 after purchasing an additional 270,944 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Klaviyo in the fourth quarter worth about $92,675,000. Finally, Sunstone Asset Management L.P. purchased a new position in shares of Klaviyo in the fourth quarter worth about $336,000. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Klaviyo in a research report on Wednesday, May 20th. Scotiabank set a $32.00 target price on Klaviyo in a report on Wednesday, June 17th. Cantor Fitzgerald decreased their price target on Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a research report on Wednesday, April 15th. Barclays dropped their price target on Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Piper Sandler cut their price objective on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.95.

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.