Why Klarna Stock Crashed 22% on Tuesday Morning

Why Klarna Stock Crashed 22% on Tuesday Morning

Klarna beat Wall Street's estimates on both the top and bottom lines. So why did the stock crash 22%?

Klarna (KLAR) Q2 Report 2026: Guidance Cut Sinks Stock

Klarna (NYSE: KLAR) reported second-quarter results before the open on Tuesday, August 18, and the numbers beat: revenue of $1.042 billion, up 27% year over year and above its own $960 million to $1 billion guide, with a swing to net income of $9 million and earnings of $0.01 per share, from a $53 million loss a year earlier. The stock fell about 19% anyway. FinanceFeeds previewed the setup on Monday; the print delivered a beat on the quarter an…