Klaviyo, Inc.KVYO
▲ PositiveDemandrelevance
Q2 revenue up 26% and raised full-year outlook driven by strong customer growth and AI product adoption
Impact on stocks 2
Artificial Intelligence
Klaviyo, Inc.
Salesforce.com IncCRM
Mentioned
Klaviyo reported second-quarter revenue of $370.6 million, up 26% year over year, and raised its full-year 2026 revenue outlook to between $1.526 billion and $1.534 billion. The company lowered its non-GAAP operating income forecast to $212 million to $218 million, citing costs from its acquisition of Agency and continued product investment. Its AI agent Composer surpassed 95,000 users in its first month, while Customer Agent adoption rose 40% quarter over quarter. Customers with at least $50,000 in annual recurring revenue grew 36% to 4,477, and international revenue increased 35%. Gross margin fell to 73.4% as text-messaging usage, higher carrier fees, and infrastructure investments raised costs.
Klaviyo, Inc.Q2 revenue up 26% and raised full-year outlook driven by strong customer growth and AI product adoption
Salesforce.com Inc