Klarna Shares Soar Following Surprise First-Quarter Profit and Significant Revenue Surge
Stockholm, Friday 15 May 2026
Klarna stunned markets by posting a surprise first-quarter profit. Driven by a 44 percent revenue surge to over $1 billion, the financial technology firm’s shares soared 20 percent.
Shattering Wall Street Expectations
The Swedish digital payments provider thoroughly dismantled Wall Street’s consensus estimates for the first quarter of 2026 [3]. Prior to Thursday’s market opening, analysts had braced for a loss ranging from $0.13 to $0.20 per share on revenues of $944 million [2][3][7]. Instead, Klarna delivered a near break-even earnings per share (EPS) of -$0.01 and generated $1.012 billion in revenue, representing a 44.365 percent year-over-year increase from the $701 million recorded in the first quarter of 2025 [1][2][3]. The company also reported a net income of $1 million, marking a dramatic 100 million dollar improvement compared to the $99 million net loss sustained during the same period last year [1][2][5].