Klaviyo (KVYO) Q3 2025 Earnings Call Transcript | The Motley Fool
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Klaviyo (KVYO) Q3 2025 Earnings Call Transcript | The Motley Fool
"Revenue -- $311 million in revenue for fiscal Q3 2025 (period ended Sept. 30, 2025), reflecting 32% year-over-year growth driven by multiproduct adoption and international expansion. International revenue -- Revenue outside the Americas grew 43% year over year, marking the sixth consecutive quarter of accelerating international revenue growth, with EMEA up 48% year over year; EMEA and APAC now contribute more than 35% of total revenue."
"Enterprise/mid-market momentum -- $50,000-plus ARR customer cohort net adds reached a quarterly record, rising 36% year over year to 3,563 accounts, with 272 net new customers in the segment this quarter. Net revenue retention (NRR) -- NRR accelerated to 109%, powered by multiproduct expansion and increased SMS cross-sell. Klaviyo service product line -- Reached general availability six weeks ago and achieved the fastest adoption of any Klaviyo product, with early uptake outpacing the SMS launch at the comparable stage."
Klaviyo posted $311 million in fiscal Q3 2025 revenue, a 32% year-over-year increase driven by multiproduct adoption and international expansion. Revenue outside the Americas grew 43% year over year, with EMEA up 48%; EMEA and APAC now contribute over 35% of total revenue. Customer count surpassed 183,000, up 17% year over year, adding 7,000 customers and expanding enterprise/mid-market accounts, with $50,000-plus ARR cohort rising 36% year over year to 3,563 accounts. Net revenue retention accelerated to 109%. Over 50 proprietary AI models are in production, product velocity reached 270 updates shipped daily, non-GAAP gross margin was 76%, and non-GAAP operating margin was 14.5% with $45 million operating income.
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