Klaviyo Q2 2025: From Channels to Full-Stack AI CRM

Since its IPO, Klaviyo hasn’t had a bad quarter, and this one kept that streak. Revenue grew 32% YoY to $293M, non-GAAP operating margin came in at 14%, and free cash flow at $59M. Customer count rose 17% YoY to 176K, and international revenue jumped 42% YoY. The company is pushing well beyond email and SMS toward its vision of a full AI-first, multi-product B2C CRM: marketing, service, and analytics on the same data platform… READ MORE

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