NYSE : KLAR
Klarna Group plc — Financial statements
Technology · Software - Infrastructure · United Kingdom
Last price 13.3 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 5.04B
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Financial statements
Klarna Group plc (KLAR) reported revenue of 4.04B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 2.75B | 2.50B | 2.14B | 1.77B | 1.47B | 1.24B |
| Other Revenue | 1.28B | 1.01B | 675.00M | 508.00M | 436.00M | 375.02M |
| Revenue | 4.04B | 3.51B | 2.81B | 2.28B | 1.90B | 1.62B |
| Cost of Revenue | 2.55B | 2.27B | 1.59B | 1.19B | 1.22B | 595.99M |
| Gross Profit | 1.49B | 1.24B | 1.22B | 1.08B | 687.00M | 1.02B |
| Selling, General & Admin | 998.00M | 927.00M | 812.00M | 891.00M | 1.14B | 1.68B |
| Research & Development | 510.00M | 486.00M | 444.00M | 389.00M | 430.00M | |
| Other Operating Expenses | -77.42M | |||||
| Operating Expenses | 1.51B | 1.45B | 1.28B | 1.38B | 1.66B | 1.68B |
| Operating Income | -25.00M | -206.00M | -66.00M | -291.00M | -971.00M | -656.92M |
| Interest Expense | -73.66M | |||||
| Currency Exchange Gain (Loss) | 18.00M | -2.32M | ||||
| Other Non Operating Income (Expenses) | -13.00M | -12.00M | -35.00M | 6.00M | -58.00M | 3.54M |
| EBT Excluding Unusual Items | -38.00M | -218.00M | -83.00M | -285.00M | -1.03B | -729.36M |
| Gain (Loss) on Sale of Assets | 171.00M | |||||
| Asset Writedown | -23.00M | -23.00M | -55.00M | -32.00M | -9.00M | |
| Other Unusual Items | 13.00M | |||||
| Pretax Income | -61.00M | -241.00M | 33.00M | -304.00M | -1.04B | -729.36M |
| Income Tax Expense | 50.00M | 32.00M | 12.00M | -60.00M | -3.00M | 58.39M |
| Earnings From Continuing Operations | -111.00M | -273.00M | 21.00M | -244.00M | -1.03B | -787.76M |
| Minority Interest in Earnings | -31.00M | -21.00M | -12.00M | -1.00M | 11.72M | |
| Net Income | -142.00M | -294.00M | 9.00M | -244.00M | -1.04B | -776.03M |
| Preferred Dividends & Other Adjustments | 6.00M | 5.00M | 2.00M | |||
| Net Income to Common | -142.00M | -294.00M | 3.00M | -249.00M | -1.04B | -776.03M |
| Shares Outstanding (Basic) | 376.47M | 370.65M | 363.99M | 362.09M | ||
| Shares Outstanding (Diluted) | 376.47M | 370.65M | 364.41M | 362.09M | ||
| EPS (Basic) | -0.38 | -0.79 | 0.01 | -0.69 | ||
| EPS (Diluted) | -0.38 | -0.79 | 0.01 | -0.69 | ||
| Free Cash Flow | -3.78B | -1.03B | 586.00M | 807.00M | 325.00M | -392.72M |
| Free Cash Flow Per Share | -10.04 | -2.79 | 1.61 | 2.23 | ||
| Gross Margin | 36.84% | 35.31% | 43.29% | 47.67% | 36.08% | 63.20% |
| Operating Margin | -0.62% | -5.87% | -2.35% | -12.79% | -51.00% | -40.56% |
| Profit Margin | -3.52% | -8.38% | 0.11% | -10.94% | -54.52% | -47.91% |
| Free Cash Flow Margin | -93.61% | -29.50% | 20.85% | 35.46% | 17.07% | -24.25% |
| EBITDA | -20.00M | -188.00M | -19.00M | -92.00M | -859.00M | -602.51M |
| EBITDA Margin | -0.50% | -5.36% | -0.68% | -4.04% | -45.12% | -37.20% |
| D&A For EBITDA | 5.00M | 18.00M | 47.00M | 199.00M | 112.00M | 54.41M |
| EBIT | -25.00M | -206.00M | -66.00M | -291.00M | -971.00M | -656.92M |
| EBIT Margin | -0.62% | -5.87% | -2.35% | -12.78% | -51.00% | -40.56% |
| Effective Tax Rate | 36.36% | |||||
| Revenue as Reported | 4.04B | 3.51B | 2.81B | 2.28B | 1.90B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.67B | 3.80B | 3.24B | 2.39B | 1.54B | 1.75B |
| Short-Term Investments | 2.14B | 1.36B | 401.00M | 724.00M | 1.03B | 1.08B |
| Cash & Short-Term Investments | 4.81B | 5.17B | 3.64B | 3.12B | 2.57B | 2.83B |
| Accounts Receivable | 9.75B | 11.77B | 8.62B | 8.08B | ||
| Other Receivables | 239.00M | 182.00M | 165.00M | 293.94M | 310.55M | |
| Receivables | 10.28B | 12.00B | 8.80B | 8.25B | 7.76B | 7.74B |
| Prepaid Expenses | 49.00M | 28.00M | 26.00M | 13.72M | 9.29M | |
| Other Current Assets | 35.00M | 79.00M | 77.00M | 96.41M | 25.22M | |
| Total Current Assets | 15.09B | 17.26B | 12.55B | 11.47B | 10.44B | 10.60B |
| Property, Plant & Equipment | 34.00M | 60.00M | 85.00M | 122.00M | 196.09M | 211.90M |
| Long-Term Investments | 358.00M | 75.00M | 35.00M | 84.00M | 115.31M | 212.89M |
| Goodwill | 664.00M | 685.00M | 613.00M | 667.00M | 657.61M | 507.18M |
| Other Intangible Assets | 345.00M | 264.00M | 238.00M | 316.00M | 344.01M | 106.94M |
| Long-Term Deferred Tax Assets | 25.00M | 36.00M | 33.00M | 25.00M | 37.89M | 35.28M |
| Long-Term Deferred Charges | 119.00M | 138.00M | 217.00M | 223.71M | 148.31M | |
| Other Long-Term Assets | 1.25B | 302.00M | 107.00M | 851.00M | ||
| Total Assets | 17.77B | 18.80B | 13.80B | 13.75B | 12.01B | 11.82B |
| Accounts Payable | 546.00M | 655.00M | 572.00M | 596.00M | 17.65M | 20.57M |
| Accrued Expenses | 273.50M | 305.35M | ||||
| Current Portion of Long-Term Debt | 72.00M | 13.00M | 61.00M | 27.00M | 345.36M | 697.62M |
| Current Portion of Leases | 26.00M | 23.00M | 30.00M | 40.20M | 30.19M | |
| Current Income Taxes Payable | 34.00M | 28.00M | 32.00M | 26.00M | 8.35M | 8.74M |
| Other Current Liabilities | 6.05B | 4.60B | ||||
| Total Current Liabilities | 652.00M | 722.00M | 688.00M | 679.00M | 6.73B | 5.66B |
| Long-Term Debt | 1.61B | 1.35B | 452.00M | 297.00M | 124.04M | 423.46M |
| Long-Term Leases | 65.00M | 54.00M | 64.00M | 93.00M | 128.36M | 134.15M |
| Pension & Post-Retirement Benefits | 863.39K | 331.78K | ||||
| Long-Term Deferred Tax Liabilities | 3.00M | 2.00M | 1.00M | 1.00M | 87.49M | 27.21M |
| Other Long-Term Liabilities | 12.77B | 13.99B | 10.34B | 10.48B | 2.62B | 2.86B |
| Total Liabilities | 15.10B | 16.11B | 11.55B | 11.55B | 9.69B | 9.11B |
| Common Stock | 287.80K | 331.78K | ||||
| Additional Paid-In Capital | 458.00M | 427.00M | 4.65B | 4.62B | 3.99B | 3.57B |
| Retained Earnings | 2.20B | 2.17B | -2.08B | -2.16B | -1.80B | -958.40M |
| Comprehensive Income & Other | -213.00M | -90.00M | -479.00M | -274.00M | 123.56M | 91.79M |
| Total Common Equity | 2.44B | 2.51B | 2.09B | 2.19B | 2.32B | 2.70B |
| Minority Interest | 225.00M | 177.00M | 171.00M | 5.00M | 6.04M | 8.07M |
| Shareholders' Equity | 2.67B | 2.68B | 2.26B | 2.20B | 2.32B | 2.71B |
| Total Liabilities & Equity | 17.77B | 18.80B | 13.80B | 13.75B | 12.01B | 11.82B |
| Total Debt | 1.75B | 1.44B | 600.00M | 447.00M | 637.95M | 1.29B |
| Net Cash (Debt) | 3.06B | 3.73B | 3.04B | 2.67B | 1.93B | 1.54B |
| Net Cash Per Share | 8.13 | 10.06 | 8.35 | 7.37 | ||
| Filing Date Shares Outstanding | 379.16M | 377.51M | 365.30M | 362.09M | ||
| Total Common Shares Outstanding | 379.16M | 377.51M | 365.30M | 362.09M | ||
| Working Capital | 14.44B | 16.53B | 11.87B | 10.79B | 3.71B | 4.94B |
| Book Value Per Share | 6.44 | 6.64 | 5.71 | |||
| Tangible Book Value | 1.43B | 1.56B | 1.24B | 1.21B | 1.31B | 2.09B |
| Tangible Book Value Per Share | 3.78 | 4.13 | 3.38 | |||
| Machinery | 57.00M | 50.00M | 57.00M | |||
| Leasehold Improvements | 10.00M | 11.00M | 12.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -142.00M | -294.00M | 9.00M | -244.00M | -1.04B | -776.03M |
| Depreciation & Amortization | 20.00M | 33.00M | 63.00M | 227.00M | 153.00M | 54.41M |
| Other Amortization | 69.00M | 69.00M | 71.00M | 28.09M | ||
| Loss (Gain) From Sale of Assets | -172.00M | |||||
| Asset Writedown & Restructuring Costs | 3.00M | 23.00M | 55.00M | 9.00M | ||
| Loss (Gain) From Sale of Investments | 7.00M | |||||
| Stock-Based Compensation | 139.00M | 157.00M | 92.00M | 43.00M | 56.00M | 58.50M |
| Provision & Write-off of Bad Debts | 888.00M | 794.00M | 671.00M | 506.00M | 710.00M | 146.76M |
| Other Operating Activities | 1.05B | 672.00M | -44.00M | -91.00M | 356.00M | 86.48M |
| Change in Accounts Receivable | -2.73B | -3.58B | -1.38B | -1.55B | -1.68B | |
| Change in Other Net Operating Assets | -3.07B | 1.09B | 1.21B | 1.92B | 1.76B | 36.16M |
| Operating Cash Flow | -3.78B | -1.03B | 587.00M | 808.00M | 336.00M | -365.62M |
| Capital Expenditures | -2.00M | -3.00M | -1.00M | -1.00M | -11.00M | -27.10M |
| Sale of Property, Plant & Equipment | 1.00M | |||||
| Cash Acquisitions | -354.00M | -245.30M | ||||
| Divestitures | 188.00M | |||||
| Sale (Purchase) of Intangibles | -30.00M | -27.00M | -44.00M | -84.00M | -94.00M | -71.11M |
| Investment in Securities | 11.00M | -146.09M | ||||
| Other Investing Activities | 1.00M | |||||
| Investing Cash Flow | -32.00M | -30.00M | 154.00M | -83.00M | -459.00M | -489.60M |
| Long-Term Debt Issued | 903.00M | 364.00M | 179.00M | 354.00M | 543.23M | |
| Long-Term Debt Repaid | -106.00M | -194.00M | -257.00M | -1.14B | -61.27M | |
| Lease Payments | -16.00M | -20.00M | -25.00M | -42.00M | -35.00M | -27.98M |
| Net Debt Issued (Repaid) | 775.00M | 797.00M | 170.00M | -78.00M | -782.00M | 481.97M |
| Issuance of Common Stock | 243.00M | 191.00M | 142.00M | 40.00M | 828.00M | 1.68B |
| Repurchase of Common Stock | -24.00M | -25.00M | ||||
| Other Financing Activities | -3.00M | -22.34M | ||||
| Financing Cash Flow | 1.02B | 988.00M | 312.00M | -62.00M | 18.00M | 2.14B |
| Foreign Exchange Rate Adjustments | -40.00M | 634.00M | -201.00M | 34.00M | -272.00M | 24.99M |
| Net Cash Flow | -2.83B | 560.00M | 852.00M | 697.00M | -377.00M | 1.31B |
| Free Cash Flow | -3.78B | -1.03B | 586.00M | 807.00M | 325.00M | -392.72M |
| Free Cash Flow Margin | -93.61% | -29.50% | 20.85% | 35.46% | 17.07% | -24.25% |
| Free Cash Flow Per Share | -10.04 | -2.79 | 1.61 | 2.23 | ||
| Levered Free Cash Flow | 798.38M | -3.00B | -438.25M | -6.21B | 438.99M | -1.04B |
| Unlevered Free Cash Flow | 798.38M | -3.00B | -438.25M | -6.21B | 438.99M | -988.98M |
| Free Cash Flow After Leases | -3.80B | -1.05B | 561.00M | 765.00M | 290.00M | -420.70M |
| Cash Interest Paid | 443.00M | 425.00M | 312.00M | 214.00M | 81.00M | |
| Cash Income Tax Paid | 35.00M | 53.00M | 15.00M | 11.00M | 21.00M | 25.33M |
| Change in Working Capital | -5.80B | -2.49B | -165.00M | 367.00M | 88.00M | 36.16M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.23B | 10.91B | ||||
| Enterprise Value | 2.17B | 5.41B | ||||
| Last Close Price | 13.30 | 28.91 | ||||
| Forward PE | 58.77 | 126.02 | ||||
| PS Ratio | 1.25 | 3.11 | ||||
| PB Ratio | 2.07 | 4.06 | ||||
| P/TBV Ratio | 3.52 | 7.00 | ||||
| PEG Ratio | 0.75 | |||||
| EV/Sales Ratio | 0.49 | 1.54 | ||||
| Debt / Equity Ratio | 0.66 | 0.54 | 0.27 | 0.20 | 0.28 | 0.47 |
| Debt / FCF Ratio | 1.02 | 0.55 | 1.96 | |||
| Net Debt / Equity Ratio | -1.15 | -1.39 | -1.35 | -1.21 | -0.83 | -0.57 |
| Net Debt / EBITDA Ratio | 153.10 | 19.84 | 160.21 | 29.00 | 2.25 | 2.56 |
| Net Debt / FCF Ratio | 0.81 | 3.60 | -5.20 | -3.31 | -5.95 | 3.92 |
| Asset Turnover | 0.22 | 0.21 | 0.20 | 0.18 | 0.17 | 0.17 |
| Quick Ratio | 22.34 | 23.78 | 18.09 | 16.73 | 0.42 | 0.55 |
| Current Ratio | 23.15 | 23.90 | 18.25 | 16.89 | 1.55 | 1.87 |
| Return on Equity (ROE) | -4.29% | -11.05% | 0.94% | -10.80% | -44.29% | -36.66% |
| Return on Assets (ROA) | -0.08% | -0.79% | -0.30% | -1.41% | -5.45% | -4.40% |
| Return on Invested Capital (ROIC) | -124.54% | -49.78% | ||||
| Return on Capital Employed (ROCE) | -0.10% | -1.10% | -0.50% | -2.20% | -18.40% | -10.70% |
| Earnings Yield | -2.74% | -2.70% | ||||
| FCF Yield | -74.98% | -9.49% | ||||
| Buyback Yield / Dilution | -3.02% | -1.71% | -0.64% |