Revenue for the April–June period rose 20% year-on-year on a like-for-like basis to $823 million, the company said in its earnings release. Adjusted operating profit came in at $29 million, up slightly from $28 million a year earlier. Active customers grew 31% from last year to reach 111 million.
The buy-now-pay-later pioneer had been preparing for a Nasdaq listing earlier this year but paused those plans in April amid concerns about recession risks and global tariff uncertainty, according to sources familiar with the matter. Klarna had publicly filed its paperwork in March for what would have been its long-awaited market debut, after restarting the listing process in November 2024.
Klarna did not provide fresh guidance on when it might revive its IPO efforts. Bloomberg reported last month that the company could move ahead as early as September, citing unnamed sources.
With steady growth in both revenue and customers, Klarna continues to solidify its position in the global fintech market. But investors will be watching closely for clarity on when the firm will take the next step toward going public.