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

Klaviyo (NYSE:KVYO) announced its quarterly earnings data on Wednesday. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05, FiscalAI reports. The company had revenue of $387.21 million during the quarter, compared to the consensus estimate of $380.02 million. Klaviyo had a return on equity of 6.37% and a net margin of 0.54%. The company’s quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.18 EPS.

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

KVYO traded down $0.03 during midday trading on Friday, hitting $20.78. The company had a trading volume of 2,268,603 shares, compared to its average volume of 5,592,021. Klaviyo has a twelve month low of $12.53 and a twelve month high of $33.35. The company has a market capitalization of $5.92 billion, a PE ratio of 1,039.17 and a beta of 0.50. The firm’s 50-day simple moving average is $18.08 and its 200-day simple moving average is $17.98.

Insider Activity

In other news, insider Landon Edmond sold 53,473 shares of the company’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $20.01, for a total transaction of $1,069,994.73. Following the transaction, the insider owned 485,969 shares of the company’s stock, valued at $9,724,239.69. This represents a 9.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 dated Friday, August 14th. The stock was sold at an average price of $18.47, for a total value of $258,580.00. Following the completion of the sale, the chief financial officer owned 824,192 shares of the company’s stock, valued at approximately $15,222,826.24. The trade was 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. In the last 90 days, insiders have sold 5,275,468 shares of company stock worth $93,822,653. 37.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on KVYO. Stifel Nicolaus set a $22.00 price objective on shares of Klaviyo in a research report on Thursday, September 10th. Robert W. Baird set a $25.00 target price on shares of Klaviyo in a research report on Thursday, August 6th. Piper Sandler lowered their price target on shares of Klaviyo from $26.00 to $23.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. BTIG Research lowered their price target on shares of Klaviyo from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Finally, Canaccord Genuity Group dropped their price target on shares of Klaviyo from $32.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Sixteen 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 MarketBeat, Klaviyo presently has a consensus rating of “Moderate Buy” and an average price target of $27.02.

About Klaviyo

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.