Klaviyo, Inc. (KVYO) Form 10-Q — Nov 4, 2026
Klaviyo's Q3 2026 revenue rose 24.6% year over year to $387.2 million, with nine-month revenue up 26.2% to $1.12 billion. The company swung to GAAP profitability, reporting $704 thousand of Q3 net income versus a $426 thousand loss in the year-ago quarter, with dollar-based net revenue retention of 108% and over 211,000 customers. Capital return was a highlight: the prior $500 million buyback program was fully completed (including a $100 million ASR), and on November 4, 2026 the board authorized a new $300 million repurchase program with no time limit.
Key figures
- Revenue
- 387207000
- Net Income
- 704000
- Revenue Yoy
- 24.6%
- Total Assets
- 1294346000
- Cash Position
- 705439000
- Shares Outstanding
- 130,150,680 Series A and 151,411,698 Series B as of October 31, 2026
- Nrr
- 108%
- Customers
- over 211,000
- Gross margin q3
- 74.2%
- Buyback remaining
- 13100000
- Nine month revenue
- 1115788000
- Restructuring charge
- 3400000
- Nine month net income
- 893000
- Customers over 50k arr
- 4725
- Nine month revenue yoy
- 26.2%
- Customers over 250k arr
- 390
- Customers over 500k arr
- 105
- Shares repurchased q3 2026
- 8764094
- Buyback authorized march 2026
- 500000000
- Shopify revenue share fees q3
- 9300000
- Nine month operating cash flow
- 180807000
- New buyback authorized nov 2026
- 300000000
- Agency acquisition consideration
- 15000000
- Remaining performance obligations
- 352100000
- Restructuring workforce reduction
- approximately 3%
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