Klarna Group Plc · NYSE:KLAR
Klarna — Q1 2026 Earnings Presentation
11 slides from Klarna's earnings presentation, Aug 20, 2026
Slide 1: Q1 2026 Investor Update
Klarna Q1 2026 INVESTOR UPDATE
Slide 2: Q1 performance highlights
Klarna Ol performance highlights. Active consumers Merchants GMV Revenue TMD AO! Net Income EPS (basic) Q1'26 119m 1.07m $33.7b $1, 012m $389m $68m $1m ($0.01) YOY +21% +49% +33% +44% +44% +$65m +$100m +$0.25
Slide 3: CFO Section: Financial Deep-Dive
Klarna CFO SECTION Financial Deep-Dive.
Slide 4: Q1 P&L Summary
Klarna Ol P&L Summary. Qr25 Qr26 YoY LFL TRANSACTION MARGIN DOLLARS GROWTH Total Revenue 701 1,012 +44% = +36% Txn & service revenue 519 671 +29% +21% yd Gain on sale to} 57 nom. nem. Interest income 182 284 +56% +46% Transaction Costs (430) (623) +45% +37% Processing & servicing (164) (266) +62% +5
Slide 5: Gross Merchandise Volume
Klarna Gross Merchandise Volume. Q1'26 GMV BY MARKET Q1'26 % YOY LFL United States $7.1b 21% +39% +39% Global (Ex-US) $26.6b 79% +31% +18% Total $33.7b 100% +33% +22% Q1'26 GMV BY PRODUCT Q1'26 % YOY LFL Charge Card Equivalent / Pay Later $26.1b 77% +29% Point of Sale Installments / Fair Financing $
Slide 6: Revenue & Transaction Margin Dollars
Klarna Revenue & Transaction Margin Dollars. Revenue Q1'26 REVENUE TYPE Txn & service Interest income Gain on sale Total Q1'26 BY MARKET United States Global (Ex-US) Total Qi'26 $671m $284m $57m $1, 012m Q1'26 $399m $613m $1,012m % 66% 28% 6% 100% % 39% 61% 100% Transaction Margin Q1'26 BY MARKET -
Slide 7: Delinquency: Group
Klarna Delinquency: Group. CHARGE CARD EQUIVALENT / PAY LATER — 30+ DPD POINT OF SALE INSTALLMENTS / FAIR FINANCING — 30+ DPD 21% 3.3% "25 1.6% 125 2.5% 2.2%, a aE 0.7% 11% 0.0% 0.0% Ql Q2 Q3 Q4 Qi a2 a3 aa CHARGE CARD EQUIVALENT / PAY LATER — 60+ DPD POINT OF SALE INSTALLMENTS / FAIR FINANCING — 60
Slide 8: Guidance
Klarna Guidance. FY'26 REITERATED - Q2'26 FRAMEWORK FY’26 Guidance. Q2°26 Guidance. GUIDE METRIC GMV GUIDE > $155b GMV $35.5-36.5b Revenue > 2.80% of cMv Revenue $960-1, 000m TMD > 1.04% of cuv TMD Adj. Operating Income $375-395m > 6.9% of revenue Adj. Operating Income $30-50m are inheret neiliatio
Slide 9: Reconciliations
Reconciliations. Depreciation Adjusted Operating Restructuring Share-based and operating Q1'25 expenses and other payments amortization expenses Technology and product development (115) 0 (16) (16) (83) Sales and marketing costs (91) (0) (11) - (80) Customer service and operations (51) 4 (4) - (50)
Slide 10: Reconciliations
Reconciliations. Amounts in USD millions Q1'26 Q1'25 Operating profit (loss) 17 (90) Technology and product development 129 115 Sales and marketing costs 105 91 Customer service and operations 55 51 General and administrative 81 94 Depreciation, amortization (excl. software) and impairments 2 10 Tran
Slide 11: Forward-Looking Statements
Forward-Looking Statements. This presentation contains forward-looking statements. Ail statements contained in this presentation other than statements of historical fact, including statements regarding our future operating results and financial posi- tion, our business strategy and plans, market gro