Klarna Group (KLAR) financial statements
Klarna Group reported revenue of $3.5B in fiscal 2025, up 24.2% a year over 2 years.
Net income was -$273M and the operating margin -6.6%, against -14.2% in 2023.
Free cash flow was -$1.1B.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Klarna Group's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $2.3B | $2.8B | $3.5B |
| Selling, general and admin | $270M | $281M | $306M |
| Operating income | -$323M | -$121M | -$230M |
| Interest expense | $297M | $503M | $667M |
| Pre-tax income | -$304M | $33M | -$241M |
| Income tax | -$60M | $12M | $32M |
| Net income | -$244M | $21M | -$273M |
| EPS (diluted) | -$0.69 | $0.01 | -$0.79 |
| Diluted shares | 362M | 364M | 371M |
| Operating margin | -14.2% | -4.3% | -6.6% |
| Net margin | -10.7% | 0.7% | -7.8% |
Balance sheet
Fiscal years, from Klarna Group's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $2.4B | $3.2B | $3.8B |
| Property, plant and equipment | — | $85M | $60M |
| Goodwill | — | $613M | $685M |
| Total assets | — | $13.8B | $18.8B |
| Total liabilities | — | $11.5B | $16.1B |
| Shareholders' equity | $2.2B | $2.1B | $2.5B |
| Net debt | -$2.4B | -$3.2B | -$3.8B |
Cash flow
Fiscal years, from Klarna Group's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | $808M | $587M | -$1.0B |
| Capital spending | $85M | $45M | $30M |
| Free cash flow | $723M | $542M | -$1.1B |
| Stock-based compensation | $43M | $92M | $157M |
| Net borrowing | -$46M | $95M | $817M |
| Free cash flow margin | 31.8% | 19.3% | -30.3% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for KLAR.
Open KLAR in InvestinglyQuestions
What was Klarna Group's revenue in 2025?
$3.5B in fiscal 2025, from its 10-K filing.
How much free cash flow does Klarna Group generate?
-$1.1B in fiscal 2025 (operating cash flow minus capital spending).
From Klarna Group's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.