Klarna Group plc (KLAR)

Klarna Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	2,811	2,276	1,904
Revenue Growth (YoY)	23.51%	19.54%	-
Cost of Revenue	1,594	1,191	1,217
Gross Profit	1,217	1,085	687
Selling, General & Admin	812	891	1,138
Research & Development	444	389	430
Other Operating Expenses	2,893	2,404	2,003
Operating Expenses	4,149	3,684	3,571
Operating Income	-2,932	-2,599	-2,884
Interest Expense / Income	-675	-508	-436
Other Expense / Income	-2,290	-1,787	-1,410
Pretax Income	15	-309	-1,041
Income Tax	12	-60	-3
Net Income	21	-244	-1,035
Net Income Common	3	-249	-1,038
Free Cash Flow	542	723	231
Gross Margin	43.29%	47.67%	36.08%
Operating Margin	-104.31%	-114.19%	-151.47%
Profit Margin	0.11%	-10.94%	-54.52%
Free Cash Flow Margin	19.28%	31.77%	12.13%
Effective Tax Rate	80.00%	-	-
EBITDA	-453	-585	-1,312
EBITDA Margin	-16.11%	-25.70%	-68.91%
Depreciation & Amortization	189	227	162
EBIT	-642	-812	-1,474
EBIT Margin	-22.84%	-35.68%	-77.42%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).