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Douglas Research Insights
Klarna IPO Preview

Klarna IPO Preview

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Douglas Kim
Mar 17, 2025
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Douglas Research Insights
Douglas Research Insights
Klarna IPO Preview
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  • Klarna is seeking to raise more than $1 billion in the IPO and targeting more than $15 billion in the listing.

  • Klarna's operating margin improved from -51.5% in 2022 to -14.2% in 2023, and -4.3% in 2024.

  • Klarna generated revenue of US$2.8 billion (up 23.5% YoY) and operating loss of US$121 million in 2024 (versus operating loss of US$323 million in 2023).

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