- Klarna posts its first billion-dollar quarter with Q4 revenue up 38% to $1.082B—driven by accelerating U.S. growth—GMV of $38.7B beating guidance, banking users doubling to 15.8M and credit loss provisions down, but reports a wider-than-expected $47M ($0.12/share) loss and guides softer Q1 revenue of $900M–$980M.
Klarna Group plc reports Q4 results, revs in-line, GMV increased 32%; guides Q1 revs in-line
- Reports Q4 (Dec) results; revenues rose 38.5% year/year to $1.08 bln vs the $1.07 bln FactSet Consensus.
- GMV grew 32% yr/yr (23% like-for-like) in Q4, with like-for-like growth consistent with the prior quarter. U.S. GMV grew 43% year-over-year in Q4.
- Transaction margin dollars grew 17% yr/yr in Q4, representing a 28 percentage point quarter-over-quarter acceleration, but came in at $372 mln, below the guidance range.
- Provision for credit losses declined to 0.65% of GMV in Q4, down 7 basis points quarter-over-quarter.
- Co issues in-line guidance for Q1, sees Q1 revs of $900-$980 mln vs. $965.77 mln FactSet Consensus. Sees GMV of $32-$33 bln, representing growth of 26-30%.
- 2026 Guidance: Sees GMV of more than $155 bln and revenue of more than 2.8% of GMV.
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