NYSE$KVYO
Klaviyo Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Klaviyo reported strong Q1 2024 results with revenue growth and platform expansion.
Klaviyo announced strong first quarter results, with revenue of $210.0 million representing 35% year-over-year growth. The company expanded its platform with new international launches and saw growth in its customer base and ARR.
- Revenue reached $210.0 million, a 35% increase year-over-year.
- Launched Klaviyo portfolio to solve complex needs for global and multi-account customers.
- Expanded platform internationally with a French language version and SMS in nine countries.
- Ended the quarter with 2,157 customers generating over $50,000 of ARR, up 69% year-over-year.
Headline financials
Revenue & EPS history
Klaviyo · Revenue · Quarterly
$210M
Forward guidance
Klaviyo provided financial outlook for Q2 2024 and full year 2024.
Tailwinds
- Q2 Revenue: $211.0 - $213.0 million
- Q2 Year-over-year Growth Rate: 28% - 29%
- Q2 Non-GAAP Operating Income: $19.5 - $22.5 million
- Q2 Non-GAAP Operating Margin: 9% - 11%
- Full Year Revenue: $899.0 - $907.0 million
Headwinds
- Full Year Year-over-year Growth Rate: 29% - 30%
- Full Year Non-GAAP Operating Income: $97.0 - $105.0 million
- Full Year Non-GAAP Operating Margin: 11% - 12%
- Klaviyo has not provided a reconciliation of non-GAAP operating income guidance measures to the most directly comparable GAAP measures because certain items excluded from GAAP cannot be reasonably calculated or predicted at this time.
- Stock-based compensation-related charges are impacted by the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 14 quarterly earnings reports · overlaid with Q1 2024
+1.3%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-2.2%
Avg return
30 days after
43%
6 / 14 earnings
Positive
+38.8%
Q2 2023
Best reaction
-29.2%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -29.2% | -33.5% | -33.2% | |
| Q4 2025 | -3.7% | -11.9% | -9.5% | |
| Q3 2025 | +6.8% | +9.7% | +9.7% | |
| Q1 2025 | +6.6% | +13.5% | +7.8% | |
| Q4 2024 | -5.8% | -13.8% | -29.8% | |
| Q3 2024 | -13.4% | -10.5% | +1.4% | |
| Q2 2024 | +38.8% | +42.8% | +33.6% | |
| Q2 2023 | +38.8% | +42.8% | +33.6% | |
| Q1 2023 | +3.0% | +2.7% | -3.8% | |
| Q1 2024 | +3.0% | +2.7% | -3.8% | |
| Q4 2021 | -0.1% | -10.2% | -8.4% | |
| Q4 2023 | -2.7% | -2.8% | -10.9% | |
| Q3 2023 | -12.3% | -19.4% | -8.5% | |
| Q3 2022 | -12.3% | -19.4% | -8.5% | |
| Q4 2022 | — | — | — | |
| Q2 2022 | — | — | — | |
| Q1 2022 | — | — | — |
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