KLAR Stock Makes A Massive 16% Move – What’s Driving This Super Rally?

• Klarna reported first-quarter revenue of $1 billion, beating Wall Street expectations of $944.09 million.
• Its active consumers reached 119 million in the first quarter, a 21% year-over-year increase.
• The company reiterated its full-year 2026 guidance, but the second-quarter revenue guidance range slightly missed analysts’ estimates.

Shares of Klarna (KLAR) rose more than 16% in premarket on Thursday after the company posted strong first-quarter earnings and showed signs of increasing revenue from its early cohorts.

The company stated that the 2022 cohort brought in $12 in annual revenue per consumer in their first year, but now it stands at $52, indicating a massive 333% surge.  

Klarna also noted that its active consumers reached 119 million in the first quarter, a 21% year-over-year increase. In addition, the company said its Klarna Card has totaled five million active users across 16 countries.

Klarna reported first-quarter revenue of $1 billion, beating Wall Street expectations of $944.09 million. The company’s net income stood at $1 million compared to a loss of $90 million in the first quarter of 2025.

Klarna’s Gross Merchandise Value (GMV) for the quarter came in at $33.7 billion, a 33% increase from the year-ago quarter. The company also stated that its Fair Financing GMV grew 138% year-over-year as consumers choose predictable, transparent options for big-ticket purchases.

“In Q1, we executed well across all the business, driving every line of our P&L and compounding growth across our global network. Growing network. Same three products. Deeper consumer engagement,” said Sebastian Siemiatkowski, Chief Executive Officer & Co-Founder at Klarna. 

KLAR’s Merchant Network Growth

The company said that in the first quarter, it went live with more than one million merchants, marking a 49% year-over-year gain. 

Klarna’s payment service provider (PSP) partnerships with Stripe and Nexi have already been established, and now it expects JPMorgan Payments and Worldpay to go live soon.

KLAR Full Year Guidance 

Klarna reiterated its full-year 2026 guidance but issued second-quarter revenue guidance that slightly missed analyst expectations.

For the second quarter, the company expects GMV to be in the range of $35.5 billion to $36.5 billion. Revenue of $960 million to $1billion for the same period missed analysts’ estimates of $1.06 billion, according to TheFly.

What Retail Thinks About KLAR Stock

On Stocktwits, retail sentiment surrounding the stock has improved to ‘extremely bullish’ from ‘neutral’, while message volume improved to ‘extremely high’ from ‘high’ in the past 24 hours.

Shares of Klarna have declined by over 52% so far this year.

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