Klarna reported a net loss of $99 million in the first quarter of 2025, nearly doubling its loss from the previous year, primarily due to one-off costs. Despite a 13% increase in revenues to $701 million and a growing user base, the company has paused its U.S. IPO plans amidst market instability influenced by recent tariff policies. CEO Sebastian Siemiatkowski noted a significant reduction in headcount, attributed in part to AI investments.