Klarna’s Q4 Loss Sparks Stock Drop Despite Sales Surge
Klarna (KLAR) fell about 25% after posting a Q4 2025 net loss of $26 million on revenue of $1.082 billion (vs. estimates for a loss of $0.02 per share). The quarter, though loss-making, marked Klarna’s first billion-dollar quarter with GMV of $38.7 billion and 15.8 million banking customers, led by strong growth in the US.