How Klarna Group makes money

Period

FY2025

How does Klarna Group make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Klarna Group plc · FY2025 · year ended 2025-12-31

Revenue$3.5BNet loss$262M · 7%Cost of revenue$0 · 0%Gross profit$3.5B · 100%Operating expenses$3.7B · 107%Other opex$3.7B · 107%Income tax$32M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.