Klarna Q4 revenue rises, sees continued U.S. growth driven by banking service adoption

Klarna

19/02/2026 12:39

Overview

Global digital bank's Q4 revenue grew 38% yr/yr

Company's banking consumers doubled, tripling revenue per user

Provisions for credit losses declined to 0.65% of GMV in Q4

Outlook

Company sees continued U.S. growth driven by banking service adoption

Klarna focuses on expanding banking services as consumers shift from revolving credit

Company leverages AI for operational efficiency and cost structure transformation

Result Drivers

BANKING CONSUMERS - Klarna's banking consumers doubled to 15.8 mln, tripling revenue per user to $107 compared to $30 for average consumers

FAIR FINANCING GROWTH - Fair Financing GMV increased 165% as consumers moved away from revolving credit cards

AI-LED EFFICIENCY - AI-led productivity improvements reduced operating expenses by 8% while revenue grew 104% since Q4 2022

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$1.08 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 5 "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 $45.00, about 137.5% above its February 18 closing price of $18.95

Press Release: ID:nBw9sZxBKa

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(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.)