Marketing automation firm Klaviyo Q2 revenue beats street view

Klaviyo

05/08/2025 21:50

Overview

Klaviyo fiscal Q2 revenue grows 32% yr/yr, beating analyst expectations

Co raises FY25 revenue guidance to $1.195 bln-$1.203 bln

Non-GAAP net income per share for Q2 at $0.17

Outlook

Klaviyo raises FY25 revenue guidance to $1.195 bln to $1.203 bln

Company expects FY25 revenue growth of 27% to 28%

Klaviyo forecasts Q3 revenue between $297 mln and $301 mln

Company projects Q3 non-GAAP operating income of $32.5 mln to $35.5 mln

Result Drivers

CUSTOMER BASE EXPANSION - Klaviyo's customer base grew to over 176,000, up from 151,000 a year ago, driving revenue growth

INTERNATIONAL GROWTH - Co reports 42% yr/yr revenue growth in EMEA and APAC regions

LARGE CUSTOMER INCREASE - Number of customers generating over $50,000 of ARR rose 38% yr/yr

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$293.10 mln
$278.70 mln (18 Analysts)
Q2 Net Income
-$24.28 mln
Q2 Adjusted Gross Profit
$224.10 mln
Q2 Adjusted Operating Profit
$40.90 mln
Q2 Gross Profit
$221.90 mln
Q2 Pretax Profit
-$22.48 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Klaviyo Inc is $43.96, about 30.5% above its August 4 closing price of $30.57

The stock recently traded at 47 times the next 12-month earnings vs. a P/E of 51 three months ago

Press Release: ID:nBwDW9vXa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)