Klarna Misses Q4 EPS, GMV Soars 32% While U.S. Revenue Jumps 58%
Klarna reported a Q4 loss of $0.12 per share versus a $0.03 loss forecast, while revenue reached $1.08 billion, topping estimates by $10 million. Gross merchandise volume rose 32% to $38.7 billion, U.S. revenue climbed 58%, and active consumers grew 28% to 118 million.
1. Q4 Financial Results
Klarna posted a Q4 net loss of $0.12 per share compared with a $0.03 per share loss estimate and generated $1.08 billion in revenue, exceeding the $1.07 billion consensus. Gross merchandise volume increased 32% year-over-year to $38.7 billion, outpacing the top end of prior guidance.
2. User and Merchant Growth
Active consumers reached 118 million, up 28% year-over-year, while merchant count grew 42% to 966,000, including a record 115,000 additions. Banking consumers doubled to 15.8 million, delivering $107 in revenue per user versus $30 from the average consumer.
3. U.S. Market Performance
The U.S. emerged as Klarna’s fastest-growing market, with revenue rising 58% year-over-year as the company expanded to serve 29 million consumers. Strong adoption of the Klarna Card contributed to a 1.9 million increase in active card users, totaling 4.2 million.
4. Technical Indicators
Klarna’s stock has fallen nearly 59% over the past year and sits well below its 20-day and 100-day moving averages, indicating a sustained bearish trend. Oversold momentum is reflected in an RSI reading of 28.3 and a negative MACD, suggesting potential volatility ahead.