Klarna Shares Drop After Revising Full-Year Revenue Outlook Below Expectations
Klarna Group (NYSE:KLAR) shares fell nearly 14% in pre-market trading after the company issued a full-year revenue forecast below Wall Street expectations, despite reporting better-than-expected second-quarter results. The fintech firm reported Q2 revenue of $1.04 billion and adjusted earnings per share of $0.01, both exceeding analyst estimates. Klarna revised its 2026 annual revenue guidance to between $4.08 billion and $4.16 billion — significantly below the consensus forecast of $4.42 billion — citing currency translation headwinds and a more cautious outlook for transaction volumes in Germany, its largest market by volume. Despite the weaker revenue outlook, Klarna raised expectations for full-year transaction margin dollars to between $1.62 billion and $1.65 billion due to increased consumer engagement and higher spending per user.
Tickers: $KLAR
Topics: currency_headwinds fintech stock_movement transaction_volume