Klarna Q1 revenue beats analyst estimates

Klarna

14/05/2026 12:38

Overview

Global digital bank's Q1 2026 revenue grew 44% yr/yr, beating analyst expectations

Adjusted operating profit for Q1 rose sharply to $68 mln from $3 mln last year

Company reiterated full-year guidance and issued Q2 forecasts

Outlook

Klarna expects Q2 2026 GMV of $35.5 bln to $36.5 bln

Company sees Q2 2026 revenue of $960 mln to $1.0 bln

Klarna reiterates its full-year 2026 guidance

Result Drivers

NETWORK EXPANSION - Klarna said a 49% increase in merchants and new partnerships across sectors drove higher transaction volumes

CONSUMER ENGAGEMENT - Active consumers rose 21% yr/yr, with deeper use of Klarna products and higher revenue per user

OPERATIONAL DISCIPLINE - Revenue growth outpaced operating expenses, boosting profitability, per company

Company press release: ID:nBwN66KXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1 bln
$945.11 mln (15 Analysts)
Q1 GMV
$33.70 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Klarna Group PLC is $20.00, about 46.1% above its May 13 closing price of $13.69

The stock recently traded at 63 times the next 12-month earnings vs. a P/E of 42 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)