KLAR
KLARFinancial ServicesNASDAQCredit Services
Klarna Group plc operates as a digital bank and flexible payments provider in the United Kingdom, the United States, Germany, Sweden, and internationally. The $6.75B market capitalization puts KLAR squarely in mid-cap range for its industry. The company provides payment solutions, such as pay in full solution that settles purchases at time of the transaction; pay later solution that enables customers to purchase goods and services at the time of the transaction and pay the full amount at a later date; and fair financing that allows consumers to pay for their purchase over a long duration ranges from three to 48 months.
Market Cap
$6.75B
Beta
—
P/E (TTM)
—
P/E (Fwd)
19.43
EPS (TTM)
$-0.52
EPS (Fwd)
$0.92
ROE
-7.0%
ROA
-0.4%
Cash
$4.70B
Total Debt
$1.42B
Free CF
-$1.60B
52W Change
-58.2%
Annual Financials
Cash vs Debt
With $4.70B in cash and $1.42B in debt, KLAR maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow is running at -$1.60B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -7.0% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $1.90B (2022) to $3.51B (2025), reflecting a 84% increase over the period.
With cash comfortably exceeding debt, KLAR has financial flexibility that may help navigate uncertain periods. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing KLAR.