delivered Klaviyo our financial quarter reported non-GAAP Andrew. QX, continuing and a margin, performance. efficient top driving year-over-year and consistent Thanks, scale. bottom-line another Revenue XX% million, growth XX% grew of $XXX we performance to at in operating strong
diversity customers, We up internationally.
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of also up making of we're in We cohort had high sign great the this another number landing traction in quarter, a customers record the market.
our streamline reporting the we fashion tech native a to will flows, digitally customers partnered for to to QX, brand that with in Klaviyo communications. deliver unified, the its process addition to able they adopted With was infrastructure, of omnichannel In and personalized and processes SMS enhance segmentation, channels Andrew be you about, e-mail with women's and looking its consolidating speak Lulus tools capabilities.
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their We continue Rate, Net the to and be can products XXX% for drive our expansion with Retention dollar-based in our NRR, existing was customers, add as Revenue seen which quarter. they usage grow as new or
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Local to is on with focused grew is language internationally to customers, important are to our results, Andrew These as easy and will our we accelerated great availability for progress great quarter.
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due volumes QX, reminder, seasonality as the margins we expect sending down a elevated and result in the e-mail to to SMS business holiday of to of gross related season. be As our a QX
non-GAAP X about to We gross continue expect our year down last full be point margin from year. to
operating non-GAAP down G&A with in R&D Sales revenue, to XX% and expense came saw of relatively revenue international as percentage tax-related XXX release expenses. and of result quarters. last similar we what an primarily the to additional year-over-year, as was quarter. a expenses prior consistent points marketing Turning basis reserve of
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to guidance. Moving
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We million, we bonus guidance this year, expect year-over-year of non-GAAP cash employee which margin as expense X%. million implementing includes result quarter of a $X in operating sequential a fourth $X non-GAAP of of decline begin operating will representing new and that This are a a program to fiscal income QX.
performance. have We our pay of short-term This will reduce go-to-market low-teens allow with align also in our our for market the equity a and dollars, program 'XX we incentive It millions payments associated the ability represents will impact a had to in accrual team. to not to which will align previously for catch-up program outside grants those compensation.
We bonus employees go-forward allow QX fiscal cash total proportion a estimate us XXXX with enhance better in of the QX will compensation to us as structure will for peers FY performance. make of
Looking will program year. ahead, fiscal accrue each we for throughout this
expect be For quarter, shares XXX diluted we fully to the approximately fourth million. outstanding
raising year, For revenue are to to million $XXX to XX% year-over-year be $XXX our growth the guidance we full XX%. of for million
million operating XXXX. flat keep start $XXX with we our we of As of the full for program, year, expectations non-GAAP and margins the operating a XXXX This margin range non-GAAP guidance $XXX the a representing to operating set the the are non-GAAP we revising with roughly of million our at income consistent XX%. bonus is would to result year,
the full be fully year, we for expect XXX to million. diluted share Finally, count approximately
is on and very seasonally pleased 'XX. our a be revenue outlook scale level a from We perspective XXXX. delivering influence of for at our for quarter FY significant growth largest QX has are elevated this to
footprint. of we make of investment we the this providing our on year, that end guidance.
Due since go-to-market particular seeing, the year, XXXX market expansion focus guidance based and this expect our initiatives to international XXXX decelerate the and our time, not product discussing in the on choiceful strength been will are the at from XXXX with low our modestly to start we revenue trends customer growth on growing we're we've at pressure the rate plan While and success high that continue investments QX to of
operating addressable result, margin invest to our consistent to large a for projected As in remain is relatively market. growth continue as to XXXX we
with Klaviyo's formal call, are our internationally. the provide for indication success guidance platform our for well and additional on customers, will existing driving We around adding our expanding customers. investments.
In positioned is results along with to XXXX closing, success, growing in details our a QX strong these We're customers expanding fiscal continue clear that new mid-market,
about Klaviyo.
And excited up our through are a weekend Friday, we'll Monday Black for open Operator? the their call with season that, successful Cyber We busiest customers and with supporting driving Q&A.
