| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 310.88 | 6.1% | 32.2% |
| Total Income | 310.88 | 6.1% | 32.2% |
| Expenditure | 321.72 | 0.8% | 29.5% |
| PBT | -0.61 | 97.3% | 76.1% |
| Net Profit | -0.43 | 98.2% | 68.2% |
| OPM | -3.49% | 7.20pp | 2.16pp |
| NPM | -0.14% | 8.15pp | 0.43pp |
| EPS | 0.00 | 100.0% | 100.0% |
Klaviyo Reports Q3 2025 Revenue Growth of 32%; Raises FY25 Guidance
04 May 2026 · 4 May, 7:57 am
Summary
Klaviyo announced strong third-quarter results, with revenue reaching $310.9 million, a 32% increase year-over-year. The company is raising its full-year revenue guidance to $1.215 billion to $1.219 billion, representing 30% year-over-year growth. The company continues to expand its customer base, particularly among larger customers, and is seeing strong international growth. Management is optimistic about the company's future, citing the transformative potential of AI in customer engagement.
Key Highlights
- 1
Klaviyo's third quarter revenue reached $310.9 million, representing a 32% increase year-over-year.
- 2
The company is raising its FY25 revenue guidance to between $1.215 billion and $1.219 billion, projecting a year-over-year growth of 30%.
- 3
Klaviyo ended the quarter with over 183,000 customers using its platform to drive revenue growth.
- 4
The number of large customers generating over $50,000 of ARR increased by 36% year-over-year, reaching 3,563.
- 5
International expansion continued, with EMEA and APAC revenue growing by 43% year-over-year.
- 6
The company's net revenue retention rate (NRR) was 109% as of September 30, 2025.
- 7
Non-GAAP operating income for the third quarter was $45.0 million, resulting in a non-GAAP operating margin of 14%.
Management Comments
Andrew Bialecki
“We had an outstanding third quarter that reflects the strength of our business and accelerating momentum behind our agentic products,” “We’re in a transformative time for how businesses build relationships with consumers. AI is reshaping the quality, speed, and creativity of customer engagement, and Klaviyo is excited to be building the intelligent system that turns those advances into real value for every brand and every customer.”
Amanda Whalen
“The third quarter was another outstanding quarter for Klaviyo, with revenue of $311 million, growing 32% year-over-year,” “We are executing on multiple growth engines, deepening relationships with customers of all sizes, and strengthening our foundation for long-term market leadership.”
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