KLAR on NYSE
Klarna Group plc
British finance services company that raised $4.3 million in 2024 (SEC Form D).
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Last updated Oct 18, 2026.
Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
-6.6%Operating margin2
-7.8%Net margin2
24.8%Revenue growth, 20252
-10.2%Return on equity2
-$1.0BFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Transaction Revenue brought in 60% of the revenue Klarna Group plc broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Transaction Revenue | $1.5B | $1.8B | $2.1B |
| Revenue From Interest Income | $508.0M | $675.0M | $937.0M |
| Consumer Service Revenue | $237.0M | $344.0M | $397.0M |
| Gain On Sale Of Consumer Receivables | $0 | $0 | $73.0M |
Regions
United States brought in 35% of the revenue Klarna Group plc broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $609.0M | $850.0M | $1.2B |
| Other Countries | $779.0M | $858.0M | $976.0M |
| Germany | $620.0M | $755.0M | $848.0M |
| United Kingdom | $268.0M | $348.0M | $442.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs80¢$2.8B
- Interest19¢$667.0M
- Income tax1¢$32.0M
Out of $3.5B in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Transaction and service revenue | $2.5B | $2.1B | $1.8B |
| Gain on sale of consumer receivables | $73.0M | $0 | $0 |
| Interest income | $937.0M | $675.0M | $508.0M |
| Total revenue | $3.5B | $2.8B | $2.3B |
| Processing and servicing costs | -$809.0M | -$596.0M | -$541.0M |
| Provision for credit losses | -$794.0M | -$495.0M | -$353.0M |
| Funding costs | -$667.0M | -$503.0M | -$297.0M |
| Technology and product development | -$486.0M | -$444.0M | -$389.0M |
| Sales and marketing | -$414.0M | -$328.0M | -$381.0M |
| Customer service and operations | -$207.0M | -$203.0M | -$240.0M |
| General and administrative | -$306.0M | -$281.0M | -$270.0M |
| Depreciation, amortization and impairments | -$55.0M | -$82.0M | -$128.0M |
| Operating expenses | -$3.7B | -$2.9B | -$2.6B |
| Operating loss | -$230.0M | -$121.0M | -$323.0M |
| Other income (expense) | -$11.0M | $154.0M | $19.0M |
| Profit (loss) before taxes | -$241.0M | $33.0M | -$304.0M |
| Tax (expense) benefit | -$32.0M | -$12.0M | $60.0M |
| Shareholders of Klarna Group plc | -$294.0M | $3.0M | -$249.0M |
| Non-controlling interests | $21.0M | $12.0M | $0 |
| Other equity holders | $0.00 | $6,000,000.00 | $5,000,000.00 |
| Net profit (loss) | -$273.0M | $21.0M | -$244.0M |
| Basic earnings (loss) per share (in USD per share) | -$0.79 | $0.01 | -$0.69 |
| Diluted earnings (loss) per share (in USD per share) | -$0.79 | $0.01 | -$0.69 |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $3.8B | $3.2B | $2.4B | $1.7B |
| Debt securities | $1.5B | $454.0M | ||
| Consumer receivables | $10.5B | $8.1B | ||
| Consumer receivables at fair value through OCI | $386.0M | $0 | ||
| Consumer receivables at fair value through profit and loss | $400.0M | $2.0M | ||
| Settlement and trade receivables | $580.0M | $493.0M | ||
| Property and equipment | $60.0M | $85.0M | ||
| Goodwill | $685.0M | $613.0M | ||
| Intangible assets | $383.0M | $376.0M | ||
| Deferred tax assets | $36.0M | $33.0M | ||
| Other assets | $487.0M | $364.0M | ||
| Total Assets | $18.8B | $13.8B | ||
| Accounts payable and accrued expenses | $655.0M | $572.0M | ||
| Consumer deposits | $13.0B | $9.5B | ||
| Payables to merchants | $736.0M | $696.0M | ||
| Notes payable and other borrowings | $1.4B | $513.0M | ||
| Deferred tax liabilities | $2.0M | $1.0M | ||
| Other liabilities | $358.0M | $255.0M | ||
| Total Liabilities | $16.1B | $11.5B | ||
| Share capital | $0 | $0 | ||
| Additional paid in capital | $427.0M | $4.6B | ||
| Other equity instruments | $0 | $0 | ||
| Reserves | -$90.0M | -$479.0M | ||
| Retained Earnings (Accumulated deficit) | $2.2B | -$2.1B | ||
| Total equity excluding non-controlling interests | $2.5B | $2.1B | ||
| Non-controlling interests | $177.0M | $171.0M | ||
| Total equity | $2.7B | $2.3B | $2.2B | $2.3B |
| Total equity and liabilities | $18.8B | $13.8B |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $3.8B | $3.2B | $2.4B | $1.7B |
| Debt securities | $1.5B | $454.0M | ||
| Consumer receivables | $10.5B | $8.1B | ||
| Consumer receivables at fair value through OCI | $386.0M | $0 | ||
| Consumer receivables at fair value through profit and loss | $400.0M | $2.0M | ||
| Settlement and trade receivables | $580.0M | $493.0M | ||
| Property and equipment | $60.0M | $85.0M | ||
| Goodwill | $685.0M | $613.0M | ||
| Intangible assets | $383.0M | $376.0M | ||
| Deferred tax assets | $36.0M | $33.0M | ||
| Other assets | $487.0M | $364.0M | ||
| Total Assets | $18.8B | $13.8B | ||
| Accounts payable and accrued expenses | $655.0M | $572.0M | ||
| Consumer deposits | $13.0B | $9.5B | ||
| Payables to merchants | $736.0M | $696.0M | ||
| Notes payable and other borrowings | $1.4B | $513.0M | ||
| Deferred tax liabilities | $2.0M | $1.0M | ||
| Other liabilities | $358.0M | $255.0M | ||
| Total Liabilities | $16.1B | $11.5B | ||
| Share capital | $0 | $0 | ||
| Additional paid in capital | $427.0M | $4.6B | ||
| Other equity instruments | $0 | $0 | ||
| Reserves | -$90.0M | -$479.0M | ||
| Retained Earnings (Accumulated deficit) | $2.2B | -$2.1B | ||
| Total equity excluding non-controlling interests | $2.5B | $2.1B | ||
| Non-controlling interests | $177.0M | $171.0M | ||
| Total equity | $2.7B | $2.3B | $2.2B | $2.3B |
| Total equity and liabilities | $18.8B | $13.8B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Profit (loss) before taxes | -$241.0M | $33.0M | -$304.0M |
| Income taxes paid | -$53.0M | -$15.0M | -$11.0M |
| Interest expense paid | -$425.0M | -$312.0M | -$214.0M |
| Interest income received | $1.0B | $558.0M | $412.0M |
| Depreciation, amortization and impairment | $125.0M | $189.0M | $227.0M |
| Share-based payments | $157.0M | $92.0M | $43.0M |
| Provisions excluding credit losses | $0 | $1.0M | $1.0M |
| Provision for credit losses | $794.0M | $671.0M | $506.0M |
| Net gain from divestment | $0 | -$190.0M | $0 |
| Net losses from divestment of shares in equity investments | $0 | $7.0M | $0 |
| Financial items including fair value effects | $75.0M | -$282.0M | -$219.0M |
| Change in consumer receivables at fair value through OCI | -$378.0M | $0 | $0 |
| Change in consumer receivable at FV through P&L | -$413.0M | -$2.0M | $0 |
| Change in consumer receivables | -$2.8B | -$1.4B | -$1.6B |
| Change in settlement and trade receivables | -$32.0M | $197.0M | -$172.0M |
| Change in notes payable and other borrowings | -$32.0M | -$16.0M | -$115.0M |
| Change in consumer deposits | $2.1B | $820.0M | $1.5B |
| Change in bonds and treasury bills with maturity > 90 days | -$852.0M | $286.0M | $335.0M |
| Change in other assets and liabilities | -$140.0M | -$77.0M | $355.0M |
| Cash flow from operating activities | -$1.0B | $587.0M | $808.0M |
| Investments in intangible assets | -$27.0M | -$44.0M | -$84.0M |
| Investments in property and equipment | -$3.0M | -$1.0M | -$1.0M |
| Sale of fixed assets | $0 | $0 | $1.0M |
| Divestment, net of cash disposed | $0 | $188.0M | $0 |
| Net purchase of equity investments | $0 | $11.0M | $0 |
| Cash flow from investing activities | -$30.0M | $154.0M | -$83.0M |
| New share issuance | $191.0M | $0 | $39.0M |
| Share warrants | $0 | $0 | $1.0M |
| Other equity instruments issued | $0 | $142.0M | $0 |
| Other equity instruments redeemed | $0 | $0 | -$24.0M |
| Convertible promissory notes redeemed | $0 | $0 | -$32.0M |
| Subordinated debt issued | $0 | $100.0M | $75.0M |
| Subordinated debt redeemed | $0 | $0 | -$33.0M |
| Notes payable and other borrowings issued | $903.0M | $264.0M | $104.0M |
| Notes payable and other borrowings redeemed | -$86.0M | -$169.0M | -$150.0M |
| Principal payments of lease liabilities | -$20.0M | -$25.0M | -$42.0M |
| Cash flow from financing activities | $988.0M | $312.0M | -$62.0M |
| Cash flow for the year | -$74.0M | $1.1B | $663.0M |
| Exchange rate difference in cash and cash equivalents | $634.0M | -$201.0M | $34.0M |
| Adjustment for currency translation differences from other comprehensive income | $0 | $18.0M | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Klarna Group plc, and when. Pick a name to see everywhere that person has worked.
- Chief financial officerNiclas Neglen Mar 17, 2026 to now4
- Chief operating officerCamilla Giesecke Mar 17, 2026 to now5
Board members and other officers (10)
- Chief Product Design OfficerDavid Fock Mar 12, 2026 to now6
- Chief Marketing OfficerDavid Sandstrom Mar 17, 2026 to now7
- Chief Accounting OfficerAnthony Greenway Mar 18, 2026 to now8
- Chief Technology OfficerYaron Shaer Mar 18, 2026 to now9
- Board memberMichael J. Moritz Mar 12, 2026 to now10
- Board memberMateusz Staniszewski Mar 17, 2026 to now11
- Board memberNiclas Neglen Mar 17, 2026 to now4
- Board memberAndrew Phillips Reed Mar 18, 2026 to now12
- Board memberRoger W. Ferguson, Jr. Mar 18, 2026 to now13
- Board memberOmid Kordestani Mar 31, 2026 to now14
Filings
98 filings to the SEC since October 2021: 1 annual reports, 36 insider forms, 4 large holders, 3 private raises, 54 other. The latest 20:
- Sep 23, 20264 PRIMARY DOCUMENT EDGAR
- Aug 28, 20264 PRIMARY DOCUMENT EDGAR
- Aug 18, 20266-K EDGAR
- Jul 28, 20266-K EDGAR
- Jul 6, 20266-K EDGAR
- Jul 2, 20264 PRIMARY DOCUMENT EDGAR
- Jul 1, 20264 PRIMARY DOCUMENT EDGAR
- Jul 1, 20264 PRIMARY DOCUMENT EDGAR
- Jul 1, 20264 PRIMARY DOCUMENT EDGAR
- Jul 1, 20264 PRIMARY DOCUMENT EDGAR
- Jul 1, 20264 PRIMARY DOCUMENT EDGAR
- Jul 1, 20266-K EDGAR
- Jun 30, 20264 PRIMARY DOCUMENT EDGAR
- Jun 30, 20264 PRIMARY DOCUMENT EDGAR
- Jun 23, 20266-K EDGAR
- May 27, 20266-K EDGAR
- May 14, 20266-K EDGAR
- Apr 16, 20264 PRIMARY DOCUMENT EDGAR
- Apr 16, 20264 PRIMARY DOCUMENT EDGAR
- Apr 16, 20264 PRIMARY DOCUMENT EDGAR
The 98 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 4 such filings since October 2021:
- Nov 18, 2025SCHEDULE 13G
- Nov 14, 2025SCHEDULE 13G
- Nov 13, 2025SCHEDULE 13G
- Nov 12, 2025SCHEDULE 13G
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Money raised
Private offerings the company reported to the SEC on Form D.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 10SEC EDGARMichael J. Moritz, Board member
- 11SEC EDGARMateusz Staniszewski, Board member
- 12SEC EDGARAndrew Phillips Reed, Board member
- 13SEC EDGARRoger W. Ferguson, Jr., Board member
- 14SEC EDGAROmid Kordestani, Board member