Klarna Group Plc (KLAR)
NYSE:KLAR
Want to see KLAR full AI Analyst Report?
Earnings Data
Report Date
Nov 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
-0.25Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call painted a picture of strong top-line and operating momentum: double-digit growth in revenue, GMV and transaction margin dollars, milestone user and merchant expansion, clear operating leverage, and restored profitability metrics with guidance reiterated. Offsetting risks include higher transaction and processing costs from rapid product scaling, provisioning and cohort variability requiring model tuning, potential volatility from receivable sales and FX normalization, and seasonality/tougher comps in the back half. On balance, the positives (broad growth, margin expansion, profitable compounding network, strong card and deposit economics) materially outweigh the near-term execution and volatility risks.Company Guidance
Strong Revenue and Profitability Improvement
Revenue of $1.012 billion, up 44% year-over-year; adjusted operating profit of $68 million versus $3 million a year ago; operating income turned positive to $17 million from a $90 million loss a year ago; net income approximately $1 million, a ~$100 million year-over-year improvement; EPS improved from -$0.26 to -$0.01.
Robust Gross Merchandise Volume (GMV) Growth
GMV of $33.7 billion, up 33% year-over-year (22% like-for-like); U.S. GMV grew 39% to $7.1 billion and global ex-U.S. GMV grew 31% to $26.6 billion.
Transaction Margin Dollar Expansion
Transaction margin dollars (TMD) reached $389 million, up 44% year-over-year (34% like-for-like), representing a 38.4% margin on revenue; U.S. TMD $106 million (26.6% margin) up 58% year-over-year; ex-U.S. TMD $283 million at a 46.2% margin.
Rapid Scale of Fair Financing (Point-of-Sale Installments)
Fair Financing GMV at $4.1 billion, up 138% year-over-year; merchants offering Fair Financing increased to 225,000 from 103,000 a year ago; contributed meaningfully to interest income growth and TMD expansion.
Merchant and PSP Network Expansion
Merchant count grew to 1.07 million, up 49% year-over-year; global default PSP strategy expanded to cover 26 markets and signed partnerships with JPMorgan Payments and Worldpay launching later in the year, helping scale payment transactions and payment revenue.
Klarna Card Milestone and Strong Card Economics
Klarna card crossed 5 million active users globally; card users show ~3x frequency versus non-card users and ~4x average revenue per user after ~6 months; membership fees (card-related) rose over 600% year-over-year in Q1.
Funding and Balance Sheet Strength
Consumer deposits represent 91% of deposits with average duration ~270 days, described as a predictable funding profile; forward flow capabilities expanded as additive funding options, supporting competitive U.S. originations and capital efficiency.
Operating Leverage and Cost Discipline
Non-transaction-related operating expenses grew only 3% year-over-year to $373 million while TMD grew 44%, indicating strong operating leverage; transaction margin dollars growing ~14x faster than the non-transaction cost base.
Reiterated and Clear Full-Year Guidance
Full year 2026 guidance reiterated: GMV > $155 billion, revenue > 2.8% of GMV, TMD > 1.04% of GMV, adjusted operating income > 6.9% of revenue; Q2 guidance provided (GMV $35.5B–$36.5B, revenue $960M–$1B, TMD $375M–$395M, adj. op income $30M–$50M).
KLAR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KLAR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $13.69 | $16.47 | +20.31% |
Feb 26, 2026 | $14.95 | $14.14 | -5.42% |
Nov 18, 2025 | $34.88 | $31.63 | -9.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Klarna Group Plc (KLAR) report earnings?
Klarna Group Plc (KLAR) is schdueled to report earning on Nov 24, 2026, Before Open (Confirmed).
What is Klarna Group Plc (KLAR) earnings time?
Klarna Group Plc (KLAR) earnings time is at Nov 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KLAR EPS forecast?
Currently, no data Available