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KLARKlarna Group plcNYSE

Klarna Group plc Reports Strong Q1 2026 Earnings with Return to Profitability

6-KEarningsbullishImpact78

KLAR Price

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Klarna Group plc reported a strong first quarter, returning to net profitability and showing significant growth across key financial metrics

Earnings Snapshot

Total Revenue
$1.012 billion+44% YoY
Adjusted Operating Profit
$68 millionUp from $3 million YoY
Net Profit
$1 millionVersus $(99) million net loss YoY
GMV
$33.7 billion+33% YoY

Klarna Group plc announced robust financial results for the first quarter of 2026, achieving a net profit of $1 million, a significant improvement from a $99 million net loss in the prior year. The company's total revenue surged 44% year-over-year to $1.012 billion, driven by strong growth in its merchant network and active consumer base. Adjusted operating profit also saw a substantial increase to $68 million, up from $3 million a year ago, reflecting improved operational efficiency and scaling discipline

Score78

Score Rationale

bullish

The score is high because the company reported a return to net profit and substantial year-over-year revenue growth, signaling improved financial health and operational efficiency.

Performance & Outlook

Total Revenue

Up 44% YoY
Q1 2025
$701 million
Q1 2026
$1,012 million
Q2 2026 Q2 2026 Revenue$960M to $1,000M

Operating Profit (Loss)

Turned profitable YoY
Q1 2025
$(90) million
Q1 2026
$17 million
Q2 2026 Q2 2026 Adjusted Operating Income$30M to $50M

Net Profit (Loss)

Turned profitable YoY
Q1 2025
$(99) million
Q1 2026
$1 million

Key Business Updates

  1. Merchant Network Growth1 million+

    Klarna's merchant network grew 49% year-over-year, with new partnerships and integrations with major payment service providers.

  2. Active Consumers119 million

    Active consumers increased 21% year-over-year, with growing engagement and increased revenue per consumer.

  3. Fair Financing Growth138% YoY GMV growth

    Fair Financing GMV grew significantly, driven by consumer preference for predictable options and improved unit economics.

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KLAR Market Context

SectorTechnology
IndustrySoftware & Cloud
Market Cap$7.41B
Shares Outstanding377.51M
Public Float195.83M
Public Float %51.9%
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Original Filing Text

SEC filing text preserved from the raw item store.




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-42832

Klarna Group plc
(Translation of Registrant’s Name into English)

10 York Road
London SE1 7ND
United Kingdom
(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes   o   No  x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes   o   No  x




INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K
On May 14, 2026, Klarna Group plc (the "Company") issued a Press Release, which is furnished herewith as Exhibit 99.1, issued an earnings release announcing its financial results for the three-month period ended March 31, 2026, which is furnished herewith as Exhibit 99.2, made available an earnings presentation, which is furnished herewith as Exhibit 99.3, issued Unaudited Interim Condensed Consolidated Financial Statements for the three-month period ended March 31, 2026, which is furnished herewith as Exhibit 99.4, and issued Financial Statements & Supplementary Metrics for the three-month period ended March 31, 2026, which is furnished herewith as Exhibit 99.5.

This Report on Form 6-K (other than Exhibits 99.1 and 99.3 hereto), including Exhibits 99.2, 99.4 and 99.5 hereto, shall be deemed to be incorporated by reference into the registration statements on Form S-8 (Registration No. 333-290150) of Klarna Group plc and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

EXHIBITS
The following exhibits are attached:




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
KLARNA GROUP PLC
 
 
 
 
 Date: May 14, 2026
By:
/s/ Niclas Neglen

 
Name: Niclas Neglen
Title: Chief Financial Officer