Klaviyo Delivers Solid Q3 with Enterprise Growth, Multi-Product Strength, and Agent Traction
Q3 revenue $387.2M, up 25% y/y; FY26 revenue guidance raised to $1.537B-$1.541B and new $300M buyback authorized.
What this release says
Klaviyo reported third-quarter revenue of $387.2 million, up 25% year over year, and raised its full-year 2026 revenue guidance to between $1.537 billion and $1.541 billion. For a shareholder, the release points to broad growth across customer sizes and products, plus a new $300 million share repurchase program that follows a completed $500 million buyback.
Key figures
- Q3 revenue
- $387.2 million
- Q3 revenue growth
- 25% year-over-year
- Raised FY26 revenue guidance
- $1.537 billion to $1.541 billion
- Net revenue retention
- 108%
- Customers
- More than 211,000
- New share repurchase authorization
- $300 million
Positive for shareholders
- Revenue grew 25% year over year and full-year guidance was raised.
- Customers generating over $250,000 of ARR rose 49% year over year, with 390 such customers.
- 22% of ARR now comes from customers using three or more products.
- Revenue outside the Americas grew 32% year over year.
Negative for shareholders
- Repurchases use cash that could otherwise go to other uses, and the new program is a further use of capital.
- Net revenue retention of 108% is modest for a company of this kind and signals limited expansion from existing customers.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- ARR:
- Annualized recurring revenue, meaning the yearly value of existing paid subscriptions based on the revenue expected in the next monthly period.
- NRR:
- Dollar-based net revenue retention, which compares how much revenue a group of customers generates now versus twelve months earlier.
- Composer:
- Klaviyo's AI-driven tool for building and running marketing workflows with more autonomy.
- Headless:
- A setup where customer data can be accessed directly by other software, such as AI systems, without going through a standard front-end interface.
FAQ
How much did Klaviyo's revenue grow in the third quarter?
Klaviyo reported third-quarter revenue of $387.2 million, representing 25% year-over-year growth.
What did Klaviyo do with its share buyback program?
Klaviyo's board authorized a new program to repurchase up to $300 million of Series A common stock, following completion of its prior $500 million authorization in October.
What is Klaviyo's new full-year revenue guidance?
Klaviyo raised its FY26 revenue guidance to a range of $1.537 billion to $1.541 billion, which the company says implies year-over-year growth of about 25%.
Historical context for KVYO
Across the 25 sessions after earlier KVYO headlines, the stock closed higher 13 times and lower 12 times, with a median move of 3.4% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | KVYO | SPY |
|---|---|---|---|
| Oct 16, 2026 | Klaviyo downgraded by Goldman with a new price target | -5.6% | -1.1% |
| Oct 15, 2026 | Klaviyo to Announce Third Quarter 2026 Results on November 4, 2026 | +6.3% | +0.3% |
| Sep 9, 2026 | Klaviyo Goes Headless, Opening Its Platform to Agents and Marketers Wherever They Work | -9.1% | -0.5% |
| Aug 26, 2026 | Klaviyo to Participate in Upcoming Investor Events | +1.1% | +0.0% |
| Aug 6, 2026 | Klaviyo downgraded by The Benchmark Companyand 2 other headlines that session | -13.3% | -0.2% |
| Jul 16, 2026 | Klaviyo to Announce Second Quarter 2026 Results on August 5, 2026 | +1.1% | -0.5% |
Keep researching KVYO
- KVYO earnings historyPast Klaviyo Inc. earnings releases, newest first.
- What is Earnings per share?A company's net income available to common shareholders divided by its weighted average shares outstanding, reported as basic and diluted figures.
- How to read an earnings reportAn earnings report is a company's quarterly results release, usually filed under 8-K Item 2.02. Learn how to read revenue, EPS, margins, guidance and the 10-Q.
- Earnings calendarWho reports this week, and the results as they come out.
- KVYO financial statementsRevenue, profit, cash flow and balance sheet from Klaviyo Inc.'s SEC filings.
- KVYO insider tradesEvery buy and sale reported by Klaviyo Inc. officers, directors and large holders.
- Market cap
- 30-day
- Sector
- Technology
- Industry
- Computer Software: Prepackaged Software
- Listed since
- 2023
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