Klarna reported revenue of USD 903 million for the third quarter of 2025, a 26% like-for-like increase year-on-year that surpassed consensus estimates, in the Swedish buy-now-pay-later company's first earnings report as a listed company. The results were published on 18 November 2025.

US GMV UP 43%

In the United States, Klarna's gross merchandise value grew 43% year-on-year.

Klarna Card and the company's fair financing products were identified as key drivers of US adoption.

ELLIOTT TO BUY UP TO USD 6.5 BILLION OF US LOANS

Under an agreement announced with the results, funds managed by Elliott Investment Management will buy up to USD 6.5 billion of US Fair Financing loans originated by Klarna.

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