Klaviyo (NYSE:KVYO) Announces Quarterly Earnings Results

Klaviyo (NYSE:KVYO) issued its quarterly earnings results on Tuesday. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02, FiscalAI reports. Klaviyo had a negative return on equity of 1.00% and a negative net margin of 5.70%.The company had revenue of $350.20 million during the quarter, compared to the consensus estimate of $333.99 million.

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 Trading Up 7.7%

KVYO traded up $1.52 during trading on Tuesday, hitting $21.21. 11,407,770 shares of the company’s stock were exchanged, compared to its average volume of 4,059,604. Klaviyo has a 1 year low of $18.55 and a 1 year high of $49.55. The stock has a 50 day moving average price of $27.69 and a 200 day moving average price of $28.89. The firm has a market cap of $6.40 billion, a P/E ratio of -88.37 and a beta of 1.14.

Insider Buying and Selling at Klaviyo

In related news, Director Ed Hallen sold 117,550 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were 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 directly owned 133,624 shares of the company’s stock, valued at approximately $4,056,824.64. This represents a 46.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew Bialecki sold 167,926 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $24.16, for a total value of $4,057,092.16. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,800,598 shares of company stock worth $50,974,712 in the last 90 days. Company insiders own 53.24% of the company’s stock.

Institutional Trading of Klaviyo

Several large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its holdings in Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after purchasing an additional 908 shares during the last quarter. Quarry LP acquired a new position in shares of Klaviyo in the 3rd quarter valued at approximately $44,000. Osaic Holdings Inc. grew its position in shares of Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after buying an additional 1,284 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in Klaviyo in the second quarter valued at $124,000. Finally, US Bancorp DE grew its holdings in Klaviyo by 50.5% during the 3rd quarter. US Bancorp DE now owns 6,485 shares of the company’s stock worth $180,000 after acquiring an additional 2,176 shares in the last quarter. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on the company. William Blair reiterated an “outperform” rating on shares of Klaviyo in a research note on Monday, November 17th. Truist Financial set a $45.00 price target on Klaviyo in a report on Tuesday, November 25th. KeyCorp cut their price objective on shares of Klaviyo from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Robert W. Baird raised their target price on shares of Klaviyo from $39.00 to $40.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Finally, Macquarie Infrastructure dropped their price target on shares of Klaviyo from $37.00 to $30.00 and set a “neutral” rating for the company in a research report on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Klaviyo has an average rating of “Moderate Buy” and an average target price of $40.29.

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.