Klarna reported significant growth in its customer base, reaching 114 million active users and achieving $112 billion in annual gross merchandise volume. The company experienced a notable increase in its merchant base, which grew from 616,000 to 850,000, marking a 38% increase. Klarna's revenue for Q3 2025 rose to a record $903 million, reflecting a 26% year-over-year increase, driven largely by a 51% surge in the U.S. market. Additionally, Klarna's revenue for the year ended June 30, 2025, was reported at $3.01 billion, a 17% increase year over year. The company also launched its Klarna Card, which gained over 4 million signups and accounted for 15% of its global transactions by October 2025. Despite these growth metrics, Klarna faced challenges, including a net loss of $95 million in its first earnings report as a public company, attributed to increased provisions for loan losses and higher operational costs.