Klaviyo (NYSE:KVYO) Releases Quarterly Earnings Results

Klaviyo (NYSE:KVYO) issued its quarterly earnings results on Tuesday. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02, FiscalAI reports. Klaviyo had a positive return on equity of 2.08% and a negative net margin of 2.57%.The firm had revenue of $350.20 million during the quarter, compared to analyst estimates of $333.99 million. During the same period last year, the company earned $0.07 EPS. Klaviyo’s quarterly revenue was up 29.6% compared to the same quarter last year.

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

• Strong financial results — FY2025 revenue grew 32% to $1.234B, Q4 revenue was $350M (+30% YoY), non‑GAAP operating margin expanded to 14% for the year, free cash flow rose 61% to $87M, and cash on hand exceeded $1B.
• Raised, de‑risked 2026 guidance — management now expects $1.501–$1.509B revenue (21.5%–22.5% growth) and ~14.5%–15% non‑GAAP operating margin, with minimal assumed contribution from newest AI/service products.
• Rapid AI/agent adoption and measurable customer impact — Marketing Agent now generates over half of campaigns for adopters with case studies showing big lifts (e.g., Adore Beauty: +50% opens, +40% revenue per campaign); Customer Agent has improved resolution rates (~+20 points) and driven material sales uplifts for customers like LifeStraw.
• Enterprise and international momentum — customers with >$50K ARR grew 37% to 3,912 (net new large‑logo wins), number of $1M+ ARR customers doubled, revenue outside the Americas now >1/3 of business and grew ~41%–42%, and Klaviyo is scaling enterprise motion and partnerships (e.g., Accenture).
• Service and newest AI products are early‑stage upside — management characterizes service/agent revenue as embedded upside (minimal in the 2026 guide) and adoption is growing but still early, so near‑term contribution is uncertain.

Klaviyo Stock Performance

NYSE:KVYO traded down $1.45 during midday trading on Thursday, reaching $18.89. 2,759,241 shares of the stock traded hands, compared to its average volume of 4,276,423. The stock has a market capitalization of $5.70 billion, a PE ratio of -157.86 and a beta of 1.13. Klaviyo has a 12-month low of $18.55 and a 12-month high of $48.17. The business has a 50-day moving average of $27.36 and a two-hundred day moving average of $28.75.

Insiders Place Their Bets

In other news, CEO Andrew Bialecki sold 167,926 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $24.16, for a total transaction of $4,057,092.16. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ed Hallen sold 117,550 shares of Klaviyo stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $30.36, for a total transaction of $3,568,818.00. Following the completion of the sale, the director owned 133,624 shares of the company’s stock, valued at $4,056,824.64. This trade represents a 46.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,800,598 shares of company stock worth $50,974,712. Insiders own 49.92% of the company’s stock.

Institutional Investors Weigh In On Klaviyo

Several institutional investors and hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC acquired a new position in shares of Klaviyo in the 1st quarter valued at $359,000. Amundi raised its position in shares of Klaviyo by 109.7% in the first quarter. Amundi now owns 14,361 shares of the company’s stock worth $400,000 after acquiring an additional 7,514 shares during the period. Royal Bank of Canada boosted its stake in shares of Klaviyo by 59.4% during the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock worth $303,000 after acquiring an additional 3,730 shares in the last quarter. PharVision Advisers LLC acquired a new stake in shares of Klaviyo during the 3rd quarter valued at about $263,000. Finally, Vident Advisory LLC acquired a new stake in shares of Klaviyo during the 2nd quarter valued at about $223,000. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. The Goldman Sachs Group decreased their target price on Klaviyo from $48.00 to $41.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Stifel Nicolaus cut their price target on shares of Klaviyo from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday. Piper Sandler reiterated an “overweight” rating and set a $30.00 price objective on shares of Klaviyo in a report on Wednesday. Barclays lowered their price objective on shares of Klaviyo from $42.00 to $31.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Needham & Company LLC dropped their target price on shares of Klaviyo from $45.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday. Twenty analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Klaviyo has a consensus rating of “Moderate Buy” and an average price target of $34.24.

Key Headlines Impacting Klaviyo

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Q4 beat and raised outlook — Klaviyo reported $0.19 EPS vs. $0.17 expected and revenue of ~$350M (up ~29.6% YoY); management raised FY‑2026 outlook and provided Q1 revenue guidance in line with estimates, supporting growth momentum. Press Release / Slide Deck
• Positive Sentiment: Earnings call / transcript highlighted strategic AI and product positioning — management emphasized acceleration in customer adoption and AI-driven roadmap that investors may view as durable revenue drivers. Earnings Call Transcript
• Positive Sentiment: Market reaction to results: initial upside — coverage noted shares “soared” after the beat and raised guidance, reflecting short‑term buying on fundamental beat. Investing.com Article
• Neutral Sentiment: Analyst writeups & transcripts available for deeper read — multiple outlets published call transcripts and highlights for investors wanting detail on KPIs and margin cadence. Seeking Alpha Transcript
• Neutral Sentiment: Comparative pieces and analyst notes (neutral to mixed) — industry comparisons (e.g., vs. i3 Verticals) and firm slide materials are available; useful for benchmarking but not immediate catalysts. i3 Verticals vs. Klaviyo
• Negative Sentiment: Cluster of price‑target cuts — several sell‑side firms trimmed PTs (Citi $51→$40, Barclays $42→$31, Cantor Fitzgerald $40→$35, BTIG/Needham→$30, Piper set $30 PT while reiterating overweight). These cuts compress near‑term upside and likely drove intraday selling pressure. Citi / The Fly
• Negative Sentiment: Negative/ cautious research notes — Benchmark published a pessimistic forecast for KVYO, adding downside narrative amid multiple PT cuts. Benchmark Note

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.