Klarna (KLAR): FY26 Q2 earnings call, Aug 18, 2026
On its Aug 18, 2026 earnings call (FY26 Q2), Klarna said 12 of the 22 words Kalshi and Polymarket listed; Parrot’s count agreed with all 22 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
22 words · 12 settled yes · our count agreed on 22 of 22- Kalshi: company speakers + operator
Kalshi - Polymarket: anyone
Polymarket
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| Dollar 30+ times | Yes | 113 | 113 | ✓ | 72%transcripts from the transcript model | – |
| Percent 40+ times | Yes | 94 | 94 | ✓ | 65%transcripts from the transcript model | – |
| Card 10+ times | Yes | 21 | 21 | ✓ | 63%transcripts from the transcript model | – |
| Payment 5+ times | Yes | 13 | 13 | ✓ | 60%transcripts from the transcript model | – |
| Delinquency | Yes | 4 | 4 | ✓ | 78%n=1+tx from settlement history blended with transcripts | – |
| JP Morgan Payment | Yes | 2 | 2 | ✓ | 39%transcripts from the transcript model | – |
| Sweden | Yes | 2 | 2 | ✓ | 26%n=1+tx from settlement history blended with transcripts | – |
| Bank | Yes | 1 | 1 | ✓ | 83%transcripts from the transcript model | – |
| Walmart | Yes | 1 | 2 | ✓ | 70%transcripts from the transcript model | – |
| Profitability | Yes | 1 | 1 | ✓ | 60%n=1+tx from settlement history blended with transcripts | – |
| Tailwind | Yes | 1 | 2 | ✓ | 60%n=1+tx from settlement history blended with transcripts | – |
| Headwind | Yes | 1 | 1 | ✓ | 26%n=1+tx from settlement history blended with transcripts | – |
| AI / Artificial Intelligence | No | 0 | 0 | ✓ | 75%n=1+tx from settlement history blended with transcripts | – |
| Credit Quality | No | 0 | 0 | ✓ | 65%n=1+tx from settlement history blended with transcripts | – |
| Apple Pay | No | 0 | 0 | ✓ | 62%transcripts from the transcript model | – |
| Gemini | No | 0 | 0 | ✓ | 47%n=1+tx from settlement history blended with transcripts | – |
| Headcount | No | 0 | 0 | ✓ | 42%n=1+tx from settlement history blended with transcripts | – |
| Inflation | No | 0 | 0 | ✓ | 26%n=1+tx from settlement history blended with transcripts | – |
| Crypto | No | 0 | 0 | ✓ | 18%transcripts from the transcript model | – |
| Banking License | No | 0 | 0 | ✓ | 18%transcripts from the transcript model | – |
| PriceRunner | No | 0 | 0 | ✓ | 18%transcripts from the transcript model | – |
| Southwest Airlines | No | 0 | 0 | ✓ | 18%transcripts from the transcript model | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 21, 2026 04:22 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
94 matches for “Percent”; 5 quoted, at least 25 words apart.
…is our most important metric, grew faster than both. Volume was up 18%, revenue up 27%, transaction margin dollars up 42%. Adjusted operating income reached…
…what to expect for the year. Transaction margin dollars compounding at roughly 30% ahead of revenue. That is the shape we described in May, and…
…reason why our book turn is 10x a year. Pay Later grew 13% this quarter. Big-Ticket Spend or Fair Financing, which is designed for purchases…
Worth highlighting, Fair Financing is now 13% of our total volume. In the early 2010s, it was roughly a fifth of Klarna's volume, and in…
…run that sequence enough time to know what it looks like. In total, transaction margin reached 43% of revenue, up 4.5 points in 12 months.
Where the listed words were said
…building toward. As I said, we measure our progress in transaction margin dollars. That number shapes how we build products, how we price, and how…
…million paying subscribers, 8x a year ago, and subscription revenue grew over 600%. Recurring revenue like this is high margin and worth noting, almost no…
…term with a known payoff date, against a $6,700 average American credit card balance, which again, reflects the fact that our customers borrow responsibly. We…
…under $75 with high frequency. In this business area, we monetize through payment fees, subscriptions, and deposit interest. Transactions here are no balance sheet risk.…
…ability to grow engagement, RPAC, and profitability. Consumer credit keeps performing better. Delinquencies improved again this quarter, and provisions have declined as share of volume…
…what consumers actually want: cashback and benefits. In May, we told you JPMorgan Payments would launch later this year. It went live on August 6th,…
…on the maturity of the market right now, what we're seeing. In Sweden, where there is deep penetration and usage of Klarna, you're seeing very…
Your next question comes from Matthew O'Neill from Bank of America. Please go ahead.
…that but have seen a fantastic adoption rate, and we previously announced Walmart, now we are announcing Apple, so we are seeing lots of great…
…of the Q2 2025 Fair Financing launch and less of an FX tailwind than the Q1. GMV growth was broad, and we delivered growth in…
…volume side, that's then really turning into strong TMD performance into H2 as well, with then a bit of headwinds on the FX from that.
Agents: this page as TSV at /api/v1/appearances/klarna:2026-08-18:earnings_call · words: /api/v1/brief?appearance=klarna:2026-08-18:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP