Klaviyo Reports 25% Revenue Growth in Q3 2026 Driven by Enterprise Expansion
Klaviyo (KVYO) reported strong third-quarter results for 2026, with revenue increasing 25% year-over-year to $387.2 million. The company's growth was primarily fueled by significant expansion in its enterprise segment, specifically seeing a 57% increase in customers with over $500,000 in Annualized Recurring Revenue (ARR). Total ARR has now surpassed the $1.5 billion milestone. Operational efficiency improved as evidenced by a 26% year-over-year increase in revenue per full-time employee and non-GAAP gross margins reaching 75%. While management noted potential headwinds for Net Revenue Retention (NRR) through early 2027 due to prior profile enforcement, the company issued optimistic full-year guidance of up to $1.541 billion and approved a new $300 million share repurchase authorization.
Tickers: $KVYO
Topics: ARR enterprise customer growth financial guidance revenue growth