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American Express vs Klarna: revenue, profit, margins and growth compared

American Express brought in $72.2B of revenue in fiscal 2025, Klarna $3.5B in fiscal 2025. Revenue changed by +9.5% at American Express and +24.8% at Klarna on the year before, so Klarna grew faster. American Express kept 15.0% of its revenue as net profit, Klarna -7.8%. Free cash flow was $16B at American Express and -$1B at Klarna.

Side by side, latest fiscal year

AXPKLAR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$72.2B$3.5B
Revenue growth+9.5%+24.8%
Net income$10.8B-$273M
Net margin15.0%-7.8%
Free cash flow$16B-$1B
Free cash flow margin22.2%-29.5%
Earnings per share (diluted)$15.38-$0.79
Cash$47.8B$3.8B
Debt$56.4Bn/a
Price to earnings20.1n/a
Market value$208.6B$9B
Dividend yield1.06%n/a
Rank by revenue in sector#8 of 444 · Finance#113 of 444 · Finance

Over the years

Revenue
AXP FY2018: $40.3BAXP FY2019: $43.6BAXP FY2020: $36.1BAXP FY2021: $42.4BAXP FY2022: $52.9BAXP FY2023: $60.5BAXP FY2024: $65.9BAXP FY2025: $72.2BKLAR FY2023: $2.3BKLAR FY2025: $2.8BKLAR FY2025: $3.5BFY18FY19FY20FY21FY22FY23FY24FY25
AXP $72.2BKLAR $3.5B
Net income
AXP FY2018: $6.9BAXP FY2019: $6.8BAXP FY2020: $3.1BAXP FY2021: $8.1BAXP FY2022: $7.5BAXP FY2023: $8.4BAXP FY2024: $10.1BAXP FY2025: $10.8BKLAR FY2023: -$244MKLAR FY2025: $21MKLAR FY2025: -$273MFY18FY19FY20FY21FY22FY23FY24FY25
AXP $10.8BKLAR -$273M
Net margin
AXP FY2018: 17.2%AXP FY2019: 15.5%AXP FY2020: 8.7%AXP FY2021: 19.0%AXP FY2022: 14.2%AXP FY2023: 13.8%AXP FY2024: 15.4%AXP FY2025: 15.0%KLAR FY2023: -10.7%KLAR FY2025: 0.7%KLAR FY2025: -7.8%FY18FY19FY20FY21FY22FY23FY24FY25
AXP 15.0%KLAR -7.8%
Revenue growth
AXP FY2019: +8.0%AXP FY2020: -17.1%AXP FY2021: +17.4%AXP FY2022: +24.7%AXP FY2023: +14.5%AXP FY2024: +9.0%AXP FY2025: +9.5%KLAR FY2025: +23.5%KLAR FY2025: +24.8%FY19FY20FY21FY22FY23FY24FY25
AXP +9.5%KLAR +24.8%
Free cash flow
AXP FY2018: $7.6BAXP FY2019: $12BAXP FY2020: $4.1BAXP FY2021: $13.1BAXP FY2022: $19.2BAXP FY2023: $17BAXP FY2024: $12.1BAXP FY2025: $16BKLAR FY2023: $807MKLAR FY2025: $586MKLAR FY2025: -$1BFY18FY19FY20FY21FY22FY23FY24FY25
AXP $16BKLAR -$1B

Fiscal years as each company reports them; the two may end in different months.

Questions about American Express and Klarna

Which is bigger by revenue, American Express or Klarna?

American Express is bigger by revenue: $72.2B in fiscal 2025, against $3.5B for Klarna in fiscal 2025.

Which keeps more of its revenue as profit, American Express or Klarna?

American Express had a net margin of 15.0% in fiscal 2025; Klarna had -7.8% in fiscal 2025.

Which grew revenue faster, American Express or Klarna?

In their latest fiscal years revenue changed by +9.5% at American Express and +24.8% at Klarna.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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