Record Black Friday Lifts Klarna to 45% November Growth

NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, today announces record Black Friday sales growth in the US, with volume (GMV) up 45% year-over-year for November 1 through Black Friday 28 November.

Growth has been seen across all categories, with footwear, technology, beauty and home goods performing particularly strongly as Americans made the most of Black Friday discounts.

Consumer Trends*

Footwear: Birkenstock made a dramatic leap from last year's bottom rankings to claim the #1 spot for adult shoe brands, while Timberland captured second place.

Technology: Apple AirPods 4 dominated as 2025's top tech product. In gaming, Sony's new PS5 Slim and Pro models led the category, followed by Nintendo Switch 2. iPads made a comeback, returning to the top 10 after previous absence.

Beauty: The luxury fragrance Baccarat Rouge 540 climbed to the #1 position, while Sabrina Carpenter's Sweet Tooth perfume became the only celebrity fragrance to break into the Top 10.

Home goods: The brand Ninja dominated home goods, while mattresses bounced from 6th place in 2024 to second in 2025

*Trends based on Klarna US online and app clicks between 28-30 Nov 2025 and 29 Nov - 1 Dec 2024 (“Black Friday Weekend”)

About Klarna

Klarna is a global digital bank and flexible payments provider. With over 114 million global active Klarna users and 3.4 million transactions per day, Klarna’s AI-powered payments and commerce network is empowering people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store and through Apple Pay & Google Pay. More than 850,000 retailers trust Klarna’s innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy’s, Ikea, Expedia Group, Nike and Airbnb. Klarna is listed on the New York Stock Exchange (NYSE: KLAR). For more information, visit Klarna.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding our future financial performance, business strategy, growth objectives, market opportunities and operational plans a, including our expectations with respect to consumer spending and growth trends. Words such as "believe," "expect," "anticipate," "intend," "plan," "will," "may," "could," "estimate," and similar expressions identify forward-looking statements.

These forward-looking statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied, including risks related to:

• Our ability to retain and grow consumer and merchant relationships;
• Competition and technological developments;
• Regulatory compliance and licensing requirements;
• Our ability to achieve expected benefits from our funding arrangements;
• Credit risk management and funding availability;
• General economic conditions and market volatility; and
• Our ability to expand into new markets and products.

Forward-looking statements reflect our views as of the date of this release and are based on information currently available to us. We undertake no obligation to update any forward-looking statements, except as required by law. Actual results may differ materially from those anticipated. Investors should not place undue reliance on these forward-looking statements and should review the risk factors in our filings with the SEC for a more complete discussion of risks.

Category: Perspectives