Klarna delivered record quarterly revenue of $1.082 billion and GMV of $38.7 billion in Q4 2025, driven by rapid adoption of Fair Financing and Klarna Card. U.S. growth accelerated, banking consumers doubled year-over-year, and credit loss provisions improved sequentially.

Klarna achieved its strongest quarter ever in Q3 2025, generating $903 million in revenue, with significant U.S. growth, a surge in Klarna Card signups, and operational efficiencies from AI. Although it posted a net loss, expectations are high for a billion-dollar revenue quarter in Q4.