Klaviyo Q2 revenue beats estimates; FY26 outlook lifted
KVYO•FY26 guidance raised
The company raised its fiscal 2026 revenue guidance to $1.526 billion-$1.534 billion, up 24% year over year.
Klaviyo expects third-quarter fiscal 2026 revenue between $377 million and $381 million, representing growth of 21.5%-22.5%.
The company said broad-based strength across enterprise, international, and multi-product supports the outlook.
Q2 revenue beats estimates
Klaviyo said second-quarter revenue rose 26% year over year, beating analyst expectations.
Adjusted earnings per share for the quarter also beat analyst expectations.
Growth drivers and key metrics
Klaviyo said second-quarter growth was driven by strength across enterprise, international, and multi-product adoption.
The company cited strong adoption of Composer and Customer Agent products, along with new AI integrations, as growth drivers.
Net revenue retention rose to 109%, driven by customer expansions, cross-sell, and strong retention.
Quarterly figures and analyst coverage
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