Klaviyo (NYSE:KVYO) Releases Earnings Results, Beats Expectations By $0.03 EPS

Klaviyo (NYSE:KVYO) announced its earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03, FiscalAI reports. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The business had revenue of $358.01 million during the quarter, compared to the consensus estimate of $348.57 million. During the same period in the prior year, the business posted $0.14 earnings per share. Klaviyo’s revenue was up 27.9% compared to the same quarter last year.

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

• Revenue grew 28% YoY to $358M with non-GAAP operating margin above 16% (the highest in company history) and management raised full?year 2026 revenue and operating income guidance, signaling stronger-than-expected fundamentals.
• Klaviyo emphasized AI-led product momentum — notably the private preview of Composer and expanded Customer Agent capabilities — with early customer case studies showing meaningful revenue lifts and faster execution, positioning agents as a new monetization and retention lever.
• Enterprise and international expansion accelerated: $50K+ ARR customers and multi?million ARR deals hit record levels, while revenue outside the Americas grew 39% YoY (EMEA ex?UK up 51%), demonstrating broader market adoption beyond SMBs.
• Management is choosing to absorb rising SMS carrier fees rather than pass them to customers (a competitive pricing advantage today), but continuing to shoulder these costs could pressure margins if fee increases persist.
• Corporate actions and leadership update: CFO Amanda Whalen will step down later this year with an advisory transition through November, while the board authorized a $500M buyback and completed a $100M accelerated share repurchase, combining a potential governance/continuity risk with shareholder return activity.

Klaviyo Trading Down 2.7%

Klaviyo stock traded down $0.41 during mid-day trading on Tuesday, hitting $14.81. 4,575,219 shares of the company’s stock were exchanged, compared to its average volume of 5,357,292. The stock has a 50 day moving average of $17.24 and a two-hundred day moving average of $21.96. Klaviyo has a 1-year low of $13.53 and a 1-year high of $36.76. The stock has a market cap of $4.43 billion, a P/E ratio of -370.06 and a beta of 0.63.

Insider Buying and Selling at Klaviyo

In related news, insider Landon Edmond sold 14,366 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $20.15, for a total transaction of $289,474.90. Following the completion of the transaction, the insider owned 312,362 shares of the company’s stock, valued at approximately $6,294,094.30. The trade was a 4.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew Bialecki sold 212,529 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total value of $3,105,048.69. Following the transaction, the chief executive officer owned 212,529 shares of the company’s stock, valued at approximately $3,105,048.69. This trade represents a 50.00% 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. Insiders have sold a total of 1,487,852 shares of company stock worth $25,023,500 over the last 90 days. Insiders own 37.42% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Morgan Stanley lifted its position in shares of Klaviyo by 36.1% in the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock worth $472,344,000 after acquiring an additional 3,855,160 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new position in Klaviyo in the fourth quarter worth about $92,675,000. JPMorgan Chase & Co. boosted its stake in Klaviyo by 86.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company’s stock valued at $115,747,000 after buying an additional 1,656,912 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its stake in Klaviyo by 1,878.0% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 913,261 shares of the company’s stock valued at $25,288,000 after buying an additional 867,091 shares in the last quarter. Finally, Bienville Capital Management LLC grew its position in Klaviyo by 247.0% in the fourth quarter. Bienville Capital Management LLC now owns 969,263 shares of the company’s stock valued at $31,472,000 after acquiring an additional 689,963 shares during the period. Institutional investors and hedge funds own 45.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on KVYO shares. Mizuho set a $37.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. BTIG Research reduced their price objective on Klaviyo from $40.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Canaccord Genuity Group set a $32.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. Stephens reduced their price objective on Klaviyo from $43.00 to $31.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Finally, Cantor Fitzgerald lowered their target price on Klaviyo from $35.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. Eighteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $31.40.

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.