Klarna aims for first $1 billion quarter #
Klarna is projected to record its first-ever quarterly revenue that exceeds $1 billion in Q4 2025, driven by substantial growth in the U.S., strong uptake of its Klarna Card, and productivity gains from AI deployment
In Q3 2025 the “buy now, pay later” provider reported revenue of $903 million, up 26 % year-on-year. U.S. revenue surged 51 % and GMV (gross merchandise value) increased 43 % in the U.S., with the Klarna Card achieving four million sign-ups in four months and now accounting for 15 % of all transactions
CEO Sebastian Siemiatkowski said Q3 was “our strongest quarter ever” and expects transaction margin dollars to increase by over $100 million in Q4. Klarna also noted that revenue per employee has tripled over the past two years while operating expenses rose just 2 %.broader push to make Wallet a central hub for payments, passes, and personal credentials.