Klaviyo (NYSE:KVYO) Releases Earnings Results, Beats Expectations By $0.05 EPS

Klaviyo (NYSE:KVYO) released its earnings results on Wednesday. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05, FiscalAI reports. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%. The firm had revenue of $387.21 million for the quarter, compared to analyst estimates of $380.02 million. During the same period in the previous year, the company earned $0.18 earnings per share. Klaviyo’s revenue was up 24.5% compared to the same quarter last year.

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 Price Performance

NYSE:KVYO traded down $0.76 during mid-day trading on Thursday, reaching $20.60. The stock had a trading volume of 4,271,501 shares, compared to its average volume of 5,597,242. The stock has a market cap of $5.87 billion, a P/E ratio of 1,027.06 and a beta of 0.50. The business’s 50 day moving average is $18.02 and its 200 day moving average is $18.00. Klaviyo has a fifty-two week low of $12.53 and a fifty-two week high of $33.35.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. BTIG Research decreased their target price on Klaviyo from $30.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. The Goldman Sachs Group downgraded shares of Klaviyo from a “buy” rating to a “neutral” rating and cut their target price for the stock from $27.00 to $20.00 in a research report on Friday, October 16th. Barclays lifted their target price on shares of Klaviyo from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Thursday. KeyCorp lowered their price target on shares of Klaviyo from $35.00 to $29.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $21.00 price target on shares of Klaviyo in a research note on Thursday, August 6th. Seventeen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $26.90.

Key Headlines Impacting Klaviyo

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Third-quarter adjusted EPS was $0.22, above FactSet’s $0.17 estimate, while revenue of $387.2 million topped the $380 million estimate and grew 24.5% year over year. Earnings results
• Positive Sentiment: Management highlighted enterprise growth, strength across multiple products, and traction for its AI agents—potential signs of broader customer adoption. Klaviyo Q3 growth and product traction
• Positive Sentiment: Klaviyo authorized a new share repurchase, which may support shareholder returns. Share repurchase announcement
• Positive Sentiment: Barclays raised its price target from $22 to $23 and maintained an Overweight rating, signaling continued analyst optimism. Barclays recommendations

Insider Transactions at Klaviyo

In other Klaviyo news, Director Susan St. Ledger sold 2,328 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $15.93, for a total value of $37,085.04. Following the completion of the sale, the director directly owned 23,433 shares of the company’s stock, valued at $373,287.69. The trade was a 9.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $18.47, for a total transaction of $258,580.00. Following the transaction, the chief financial officer owned 824,192 shares in the company, valued at approximately $15,222,826.24. This trade represents a 1.67% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 5,275,468 shares of company stock valued at $93,822,653. Insiders own 37.42% of the company’s stock.

Klaviyo Company Profile

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.