Klarna Group plc
Financial Performance
Klarna Revenue & Financials
Revenue
$3.5B (FY2025)
Market Cap
$5.2B
Employees
2,831
What is Klarna's revenue?
Klarna had $3.5B in revenue for fiscal year 2025, up 24.8% from 2024. It reported a net loss of $273M.
- Latest revenue
- $3.5B (FY2025)
- Year-over-year
- +24.8%
- Growth rate (CAGR)
- 24.2% over 2 years
- Peak revenue
- $3.5B (FY2025)
- Years of data
- 3
- Employees
- 2,831
- How much profit does Klarna make?
- Klarna reported a net loss of $273M for fiscal year 2025. sec.gov
- How many employees does Klarna have?
- Klarna has about 2,831 employees.
Financial Analysis
Klarna's revenue grew from $2.28 billion in 2023 to $2.81 billion in 2024 and $3.51 billion in 2025, according to its 2025 Form 20-F. Net income swung from a $244 million loss in 2023 to a $21 million profit in 2024, then back to a $273 million loss in 2025, even as adjusted operating profit reached $65 million. Q4 2025 was its first billion-dollar quarter at $1.082 billion of revenue on $38.7 billion of GMV. In Q2 2026, revenue rose 27% to $1.042 billion, transaction margin dollars rose 42% to $446 million and net income was $9 million, against a $53 million loss a year earlier. The market cap was about $5.2 billion in late September 2026, well below the roughly $15 billion valuation at its September 2025 IPO.
Revenue Trend Analysis
YoY Change
+24.8%
2-Year CAGR
+24.2%
Peak Year
2025
Trend
Not enough comparable years
Klarna Group plc has 3 full fiscal year figures on this page, compounding at +24.2% annually over 2 years. The most recent year saw a 24.8% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $3.5B. Of 2 comparable year-over-year steps, 2 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | $3.5B | -$273M | +24.8% | Klarna Group plc annual report (Form 20-F, SEC EDGAR, filed 2026-02-26) Fiscal year ended 2025-12-31. |
| FY2024 | $2.8B | $21M | +23.5% | Klarna Group plc annual report (Form 20-F, SEC EDGAR, filed 2026-02-26) Fiscal year ended 2024-12-31. |
| FY2023 | $2.3B | -$244M | — | Klarna Group plc annual report (Form 20-F, SEC EDGAR, filed 2026-02-26) Fiscal year ended 2023-12-31. |
Click any row to see year details.
Klarna Group plc balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 20-F, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
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Klarna Revenue and Financial FAQ
What was Klarna's revenue in 2025?
$3.51 billion, up about 25% from $2.81 billion in 2024, on $127.9 billion of GMV.
Is Klarna profitable?
Klarna had a $21 million net profit in 2024, a $273 million net loss in 2025 and a $9 million net profit in Q2 2026.
What were Klarna's Q2 2026 results?
Revenue of $1.042 billion (+27%), GMV of $36.6 billion (+18%), transaction margin dollars of $446 million (+42%), adjusted operating income of $91 million and net income of $9 million.
What is Klarna's 2026 guidance?
In August 2026 Klarna guided to $149-151 billion of GMV and $4.08-4.16 billion of revenue, down from earlier targets above $155 billion and $4.34 billion.
How large are Klarna's credit losses?
Provisions for credit losses were $794 million in 2025, up from $353 million in 2023, and 0.52% of GMV in Q2 2026.
How is Klarna funded?
About 90% of funding came from consumer deposits at Klarna Bank AB in Q2 2026, supplemented by forward-flow loan sale agreements.
How has Klarna's valuation changed?
$45.6 billion privately in 2021, $6.7 billion in 2022, about $15 billion at the September 2025 IPO price of $40, and about $5.2 billion in late September 2026.
Is Klarna financially profitable?
Klarna historically burned massive billions to acquire customers. In 2021 (fueled by SoftBank cash), they were valued at a staggering $45.6 billion. However, when interest rates spiked in 2022, their borrowing costs exploded, triggering a catastrophic funding round where their valuation collapsed 85% to just $6.7 billion. They executed massive, brutal layoffs to finally achieve monthly profitability in 2023.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Klarna Revenue & Financials." CorpDigest, https://corpdigest.com/company/klarna/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Klarna reported $3.5B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/klarna/financials" target="_blank" rel="noopener">CorpDigest — Klarna financials</a></div>Related Financial Audits
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