Quarterly ResultAug 5, 2026, 04:18 PM
Klaviyo Q2 Revenue $370.6M, up 26%; Raises FY26 Guidance
AI Summary
Klaviyo, Inc. announced strong financial results for the second quarter ended June 30, 2026, with revenue reaching $370.6 million, a 26% increase year-over-year. The company also raised its full-year 2026 revenue guidance to between $1.526 billion and $1.534 billion, reflecting 24% year-over-year growth. Key business highlights include significant product announcements, the acquisition of Agency's team and technology, expansion of its AI ecosystem, and continued customer growth, with total customers exceeding 205,000 and NRR at 109%.
Key Highlights
- Q2 2026 revenue was $370.6 million, representing 26% year-over-year growth.
- Raises FY26 revenue guidance to $1.526 billion - $1.534 billion, for 24% year-over-year growth.
- Non-GAAP operating income for Q2 2026 was $50.9 million, with a 14% margin.
- Total customers exceeded 205,000 as of June 30, 2026.
- Customers generating over $50,000 of ARR increased 36% year-over-year to 4,477.
- Dollar-Based Net Revenue Retention Rate (NRR) was 109%, up one percentage point year-over-year.
- Free cash flow for Q2 2026 was $82.9 million.
- Reached an agreement to acquire the team and technology of Agency, an AI-native customer success company.
Price Impact
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