Structured entities (Tables)

12 Months Ended

Dec. 31, 2025

Structured Entities [Abstract]

Disclosure of interests in unconsolidated structured entities

The following table shows the carrying amount of Klarna’s recorded interest in its consolidated

balance sheet as at December 31, 2025 and 2024, and represented the maximum exposure to risk

associated with its interest in the unconsolidated structured entities. The maximum exposure reflects the

total potential loss the Group could incur from its involvement, regardless of the likelihood of that loss

being incurred.

	December 31, 2025	December 31, 2024
Consumer receivables at fair value through OCI .....................................................................	$386	$—
Consumer receivables at fair value through profit and loss .................................................	400	2
Pledged assets under forward flow arrangements1 .................................................................	—	2
Total assets .......................................................................................................................................	$786	$4
Payable to SPV2 ...............................................................................................................................	44	15
Total liabilities ...................................................................................................................................	$44	$15

____________

1  The pledged assets are included within bonds and other interest-bearing securities, see Note 19.

2  The Company’s payable to SPV are included within other liabilities, see Note 15.