Klarna Group Past Earnings Performance
Past criteria checks 0/6
Klarna Group has been growing earnings at an average annual rate of 31.2%, while the Diversified Financial industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 20.5% per year.
Key information
31.23%
Earnings growth rate
-188.87%
EPS growth rate
| Diversified Financial Industry Growth | 6.15% |
| Revenue growth rate | 20.55% |
| Return on equity | -6.57% |
| Net Margin | -5.18% |
| Next Earnings Update | 18 Aug 2026 |
Recent past performance updates
Recent updates
Klarna: Priced As BNPL, Should Trade As A Neobank
Summary Klarna Group plc is transitioning from a BNPL platform to a full-scale neobank, trading at a deep discount to peers. Q1 2026 showed a profitability inflection: $1.01B revenue (+44% YoY), $389M TMD (38% margin), and a return to positive net income. Management targets 50% TMD and 25% AOI margins at maturity, with US neobank expansion and a pending Utah ILC charter as key catalysts. We rate KLAR a Buy with a $35 price target, citing margin expansion, neobank re-rating, and strong operating leverage. Read the full article on Seeking Alpha
KLAR: Google Ruling Is Expected To Reshape Future Earnings Power
The updated Klarna Group analyst price target moves to $24.10 per share as analysts incorporate a series of higher Street targets in the $18 to $27 range and factor in the potential financial impact of the $1.97b Google antitrust ruling, along with ongoing views on growth, profitability, and valuation multiples. Analyst Commentary Recent research on Klarna Group reflects a mix of optimism around execution and profitability, set against ongoing questions about competition, credit risk, and how much of the Google ruling is already reflected in the stock.
KLAR: Credit And Execution Risks Will Challenge Optimistic Medium Term Expectations
The analyst fair value estimate for Klarna Group has been raised from $14.00 to $17.00, reflecting broadly higher Street price targets as analysts cite Q1 transaction margin beats, improving unit economics in key markets, and a larger global BNPL opportunity. Analyst Commentary Street research on Klarna Group highlights a mix of optimism around recent Q1 results and transaction margin disclosures, alongside a more cautious tone from some bearish analysts who are focused on execution risks, credit quality, and how current valuation lines up with future growth expectations.Banking Mix And Credit Costs Will Ultimately Define A Fair Outlook
Catalysts About Klarna Group Klarna Group operates a global payments and retail banking platform across 26 markets, offering buy now, pay later, Fair Financing, cards and deposit products to consumers and merchants. What are the underlying business or industry changes driving this perspective?Revenue & Expenses Breakdown
How Klarna Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 3,820 | -198 | 932 | 500 |
| 31 Dec 25 | 3,509 | -294 | 927 | 486 |
| 30 Sep 25 | 3,209 | -224 | 933 | 493 |
| 30 Jun 25 | 3,010 | -118 | 880 | 477 |
| 31 Mar 25 | 2,869 | -67 | 861 | 460 |
| 31 Dec 24 | 2,811 | 3 | 812 | 444 |
| 30 Sep 24 | 2,724 | -52 | 184 | 698 |
| 30 Jun 24 | 2,677 | -95 | 503 | 591 |
| 31 Mar 24 | 2,456 | -163 | 863 | 419 |
| 31 Dec 23 | 2,276 | -249 | 891 | 389 |
| 30 Sep 23 | 1,889 | -384 | 1,605 | 0 |
| 30 Jun 23 | 1,759 | -557 | 1,637 | 0 |
| 31 Mar 23 | 1,731 | -808 | 1,632 | 71 |
| 31 Dec 22 | 1,904 | -1,038 | 1,138 | 430 |
| 30 Sep 22 | 1,453 | -1,004 | 1,772 | 0 |
| 30 Jun 22 | 1,507 | -1,171 | 1,908 | 0 |
| 31 Mar 22 | 1,599 | -1,010 | 1,843 | 0 |
| 31 Dec 21 | 1,619 | -776 | 1,675 | 0 |
| 30 Sep 21 | 1,570 | -521 | 1,485 | 0 |
| 30 Jun 21 | 1,500 | -245 | 1,267 | 0 |
| 31 Mar 21 | 1,363 | -193 | 1,118 | 0 |
| 31 Dec 20 | 1,333 | -154 | 1,055 | 0 |
| 30 Sep 20 | 1,130 | -144 | 891 | 0 |
| 30 Jun 20 | 995 | -141 | 782 | 0 |
| 31 Mar 20 | 871 | -110 | 676 | 0 |
| 31 Dec 19 | 850 | -92 | 650 | 0 |
| 30 Sep 19 | 756 | -46 | 565 | 0 |
| 30 Jun 19 | 747 | -4 | 542 | 0 |
| 31 Mar 19 | 696 | 3 | 505 | 0 |
| 31 Dec 18 | 678 | 12 | 491 | 0 |
| 30 Sep 18 | 630 | 16 | 445 | 0 |
| 30 Jun 18 | 583 | 21 | 395 | 0 |
| 31 Mar 18 | 583 | 32 | 387 | 0 |
| 31 Dec 17 | 548 | 42 | 358 | 0 |
| 31 Dec 16 | 390 | 12 | 284 | 0 |
Quality Earnings: KLAR is currently unprofitable.
Growing Profit Margin: KLAR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KLAR is unprofitable, but has reduced losses over the past 5 years at a rate of 31.2% per year.
Accelerating Growth: Unable to compare KLAR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KLAR is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (9.7%).
Return on Equity
High ROE: KLAR has a negative Return on Equity (-6.57%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/22 21:50 |
| End of Day Share Price | 2026/07/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Klarna Group plc is covered by 27 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshita Rawat | Bernstein |
| null null | BMO Capital Markets Equity Research |
| Andrew Bauch | BMO Capital Markets Equity Research |