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Klarna swings to $3 mln adjusted profit in Q1
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Klarna swings to $3 mln adjusted profit in Q1
May 26, 2025 10:08 AM

COPENHAGEN, May 19 (Reuters) - Swedish fintech Klarna,

which last month paused plans for an initial public offering,

reported a first-quarter adjusted profit of $3 million on

Monday, lifted by growing volumes in the United States and

efficiency gains from artificial intelligence.

Klarna's comparable result for the January-March period of

2024 stood at a loss of $2 million when adjusting for the sale

of its Klarna Checkout (KCO) business.

The company said its overall revenue grew to $701 million

from a year-ago $621 million.

In the United States alone, revenue grew 33% year-on-year,

Klarna said.

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