Klarna Group Plc  (NYSE:KLAR) shares are trading lower on Friday.

On Thursday, the company reported first-quarter results that topped Wall Street estimates, driven by strong consumer and merchant growth across its global payments network.

Earnings Snapshot & Outlook

Revenue rose 44% year over year to $1 billion, ahead of the analyst consensus estimate of $945.1 million. Net income swung to a profit of $1 million from a loss of $99 million in the prior-year quarter.

Klarna reaffirmed its full-year 2026 outlook, projecting GMV above $155 billion while continuing to focus on transaction margin dollar growth and payment monetization expansion.

For the second quarter, the company forecast revenue between $960 million and $1 billion, below the analyst ...