Klarna Swings to Q2 Profit, Beats Revenue, but Cuts Full-Year GMV Outlook
KLAR sits 57% above its 52-week low of $12.06 on elevated volume (2.1× avg).
Summary
Klarna posted a surprise Q2 net profit of $9 million, beating expectations of a $17.4 million loss, driven by 27% revenue growth to $1.04 billion and strong U.S. performance. Adjusted operating income tripled to $91 million. However, the company trimmed its full-year GMV guidance to $149-151 billion from over $155 billion, citing softer German volumes. Klarna also sees 2026 revenue of $4.08 billion to $4.16 billion. The profit beat is a clear positive, but the guidance cut tempers the outlook and will likely weigh on sentiment. Watch for management commentary on the German market and any update on the U.S. banking license application.
At the time of this announcement, KLAR was trading at $18.88 on NYSE in the Finance sector, with a market capitalization of approximately $7.4B. The 52-week trading range was $12.06 to $57.20. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.