capital · May 18, 2026
Klaviyo Announces $500 Million Share Repurchase Program with $100 Million Accelerated Buyback
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Klaviyo announced a $500 million share repurchase authorization alongside completion of a $100 million accelerated share repurchase. Klaviyo reported Q1 2026 revenue of $358 million, up 28% year over year, and raised full-year 2026 revenue guidance to $1.514 billion to $1.522 billion. Customer count grew to roughly 196,000 with net revenue retention rising 2 points to 110%. International growth reached 39% in the quarter. Co-CEO Andrew Bialecki described the strategy as building the system of record for B2C similar to Salesforce for B2B.
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