Klarna Group Plc · NYSE:KLAR
Klarna — Q1 2026 Earnings Presentation
9 slides from Klarna's earnings presentation, May 14, 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. Qr2s5 Qr26 YOY LFL TRANSACTION MARGIN DOLLARS GROWTH Total Revenue 701 1,612 444% +36% Txn & service revenue 519 671 +29% +21% Gain on sale ic} 57 nem. nem. Interest income 182 284 +56% +46% Transaction Costs (430) (623) 445% = +37% Processing & servicing (164) (266) +62% +54%
Slide 5: Gross Merchandise Volume
Klarna Gross Merchandise Volume. Q1'26 GMV BY MARKET Qi'26 % YOY LFL United States $7.1b 21% +39% +39% Global (Ex-US) $26.6b 79% 431% +18% Total $33.7b 100% +33% +22% Q126 GMV BY PRODUCT Qi26 % YOY LFL Charge Card Equivalent / Pay Later $26.1b 77% +29% Point of Sale Installments / Fair Financing $4.
Slide 6: Revenue & Transaction Margin Dollars
Klarna Revenue & Transaction Margin Dollars. Revenue Q126 REVENUE TYPE Qr26 Txn & service $671m Interest income $284m Gain on sale $57m Total $1,012m Q1'26 BY MARKET Qr'26 United States $399m Global (Ex-US) $613m Total $1,012m % 66% 28% 6% 100% % 39% 61% 100% Transaction Margin Q1'26 BY MARKET - TMD
Slide 7: Delinquency: Group
Delinquency: Group. CHARGE CARD EQUIVALENT / PAY LATER — 30+ DPD POINT OF SALE INSTALLMENTS / FAIR FINANCING — 30+ DPD 2.1% 3.3% me 1 1.6% 1.4% "25 2.5% 2.2%, < . 2 0.7% 11% 0.0% % Qi Q2 Q3 Q4 ade Q2 Q3 Q4 CHARGE CARD EQUIVALENT / PAY LATER — 60+ DPD POINT OF SALE INSTALLMENTS / FAIR FINANCING — 60+
Slide 8: Guidance: FY'26 Reiterated, Q2'26 Framework
Klarna e u ance. FY'26 REITERATED - Q2'26 FRAMEWORK FY’26 Guidance. Q2’26 Guidance. METRIC GuIe METRIC auie GMV > $155b GMV $35.5-36.5b Revenue > 2.80% of cv Revenue $960-1,000m TMD > 1.04% of cmv TMD $375-395m Adj. Operating Income > 6.9% of revenue Adj. Operating Income $30-50m
Slide 9: Forward-Looking Statements
Forward-Looking Statements. This presentation contains forward-looking statements. All 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 growt