Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Sweden's Klarna surpasses $1 billion in fourth-quarter revenue as US growth speeds up
Sweden’s Klarna surpasses $1 billion in fourth-quarter revenue as US growth speeds up
FILE PHOTO: Illustration shows Klarna app on a smartphone · Reuters
Reuters
Thu, February 19, 2026 at 9:32 PM GMT+9 2 min read
In this article:
KLAR
-1.40%
STOCKHOLM, Feb 19 (Reuters) - Swedish “buy now, pay later” services provider and online bank Klarna reported a 38% year-on-year jump in fourth-quarter sales on Thursday, just beating expectations, as it added more banking customers and grew in the United States.
Quarterly revenue at the fintech group, which went public in New York in September, crossed the billion-dollar mark for the first time, reaching $1.08 billion. Analysts polled by LSEG had on average forecast sales of $1.07 billion.
Klarna said users of its banking services doubled to 15.8 million.
“It’s showing that we can really do what we set out to do, which was (to) first create a global payments network, and then create a true banking relationship,” CEO Sebastian Siemiatkowski told Reuters.
Klarna has said early adoption of AI across operations has helped it shrink its workforce despite rapid expansion, and it has used part of the savings to raise wages. Siemiatkowski said on Thursday the average employee compensation had risen 60% since 2022.
“More and more of the jobs at Klarna that will exist even in an AI-powered world will be about human relationships, whether it’s a relationship with our merchants or relationship with our consumers,” Siemiatkowski said, adding that a growing share of Klarna’s staff will be supporting customers.
Klarna’s gross merchandise volume (GMV), a commonly used e-commerce metric for measuring sales, rose 32% to $38.7 billion in the quarter. In the U.S., its largest market, GMV grew 43% while revenue rose 58%.
Klarna is due to publish its full fourth-quarter earnings report on February 26. In the third quarter, it made a net loss of $95 million.
(Reporting by Supantha Mukherjee in Stockholm; Editing by Anna Ringstrom and Joe Bavier)
Terms and Privacy Policy
Privacy Dashboard
More Info