Klaviyo Q2 Earnings and Revenue Rise, Sets Q3 Outlook

Klaviyo reported Q2 non-GAAP earnings and revenue rose, with a Q3 outlook set. The company's non-GAAP earnings per share (EPS) increased to $0.12 from $0.09 YoY, while revenue rose 35% YoY to $126.4 million. Klaviyo's Q3 outlook calls for revenue between $128 million and $132 million.

Klaviyo (NYSE: KVYO), a leading CRM provider for consumer brands, has reported its second quarter (Q2) financial results, showcasing robust growth and raising its full-year (FY25) revenue guidance. The company reported a Q2 non-GAAP earnings per share (EPS) of $0.12, up from $0.09 in the year-over-year (YoY) period, while revenue rose 35% YoY to $126.4 million [1].

The company's performance was driven by a strong increase in customer adoption and expansion of its AI-native platform, which enables brands to personalize customer experiences at scale. Klaviyo's customer base grew to over 176,000 as of June 30, 2025, up from 151,000 at the same time last year. The company also reported a significant increase in the number of large customers, with 3,291 customers generating over $50,000 of annual recurring revenue (ARR), compared to 2,386 at the end of Q2 2024, an increase of 38% YoY.

Klaviyo's revenue growth was particularly strong in the EMEA and APAC regions, with revenue up 42% YoY in these regions. The company's dollar-based net revenue retention rate (NRR) also showed strong performance, with a rate of 108% as of June 30, 2025, indicating high customer satisfaction and loyalty.

Looking ahead, Klaviyo has raised its FY25 revenue guidance to a range of $1,195.0 million to $1,203.0 million, representing a year-over-year growth rate of 27% to 28%. The company expects to generate non-GAAP operating income of $144.0 million to $150.0 million for the year, with a non-GAAP operating margin of 12% [1].

The company also announced that Steve Rowland, President, will retire from his position on December 31, 2025, and will remain as a strategic advisor until March 31, 2026. Rowland has been instrumental in Klaviyo's growth and expansion, particularly in the mid-market and enterprise segments.

Klaviyo's strong Q2 results and raised FY25 guidance demonstrate the company's ability to grow at scale and continue to deliver value to its customers. The company's focus on AI-driven personalization and customer experience is likely to drive further growth in the coming quarters.

References:
[1] https://markets.ft.com/data/announce/detail?dockey=600-202508051605BIZWIRE_USPRX____20250805_BW035202-1