PROFITABILITY FOR SECOND QUARTER RUNNING WITH CONTINUED ACCELERATING INCOME GROWTH
Highlights – Second quarter 2026
Qliro delivered profitability for the second quarter running in Q2 2026, with income growth continuing to accelerate. Revenue grew 24% to SEK 119.7 million while operating profit improved to SEK 0.7 million (–29.5).
The improvement was driven by BNPL growth of 47%, improved credit quality with credit losses down to 0.45% of total payment volume (0.67), and a scalable cost base where operating expenses decreased by 3% despite 28% volume growth.
Total payment volume increased 28% to SEK 5,302 million, with the number of connected merchants up 120% to 812.
At the end of June, Qliro signed an agreement with PPRO to become its exclusive BNPL provider in Sweden, Norway, Finland and Denmark, opening a new distribution channel to global merchants selling to Nordic consumers.
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0% 28%
TPV growth, y/y
Total payment volume (TPV) for all payment methods offered. This volume plays a key role in Qliro’s earnings and the dynamics of the earnings structure, as well as the structure of the loan portfolio.
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0% 120%
Number of merchants, growth y/y
The number of merchants is a key metric in analysing the growth forecast for Pay Later volumes.
"Qliro delivers profitability for the second quarter running, with income growth continuing to increase at the same time. Operating income grew by 24% to SEK 119.7 (96.5) million and operating profit/loss improved to SEK 0.7 (–29.5) million. Income growth has risen from 14% in Q4 2025 to 19% in Q1 2026 and now 24%."