February 2026/August 2026 ER'sKlarna Group PlcNYSE:KLARDizPlinFebruary is worth remembering here for KLAR Revenue grew 38% and GMV 32%, but Klarna missed earnings with a $26M loss and disappointed on guidance. The stock fell from around $20 into the $12s before ripping back into the $16s within days. This ER was different. Revenue grew 27%, TMD 42%, US GMV 27% and Klarna delivered a surprise $9M profit. Credit losses also improved. The problem was the FY revenue/GMV guidance cut, mainly due to Germany and FX. That clearly deserved a repricing, but it doesn't suddenly erase everything Klarna is doing well or mean the business has fallen apart. I'm not expecting a miracle recovery, but after this sell-off, a possible rebound into the $16-$17 area really isn't unrealistic.