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Jun 30, 2024
Klaviyo Q2 2024 Earnings Report
Delivered strong results with revenue growth and platform adoption.
Key Takeaways
Klaviyo reported a strong second quarter with revenue of $222.2 million, representing 35% year-over-year growth. The company continues to expand its customer base and invest in strategic initiatives.
Expanded Klaviyo AI suite with new features.
Expanded SMS offering to 12 countries.
Announced new integrations with Toast, BazaarVoice, TikTok, and Pinterest.
Over 151,000 customers were using Klaviyo.
Forward Guidance
Klaviyo raised full year 2024 revenue guidance.
Positive Outlook
- Revenue between $225.0 million and $227.0 million.
- Year-over-year Growth Rate between 28% and 29%.
- Non-GAAP Operating Income between $21.5 million and $24.5 million.
- Non-GAAP Operating Margin between 10% and 11%.
- Revenue between $910.0 million and $918.0 million for full year 2024.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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