Katapult Holdings, Inc. (KPLT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KPLT SEC filings page.
Katapult Holdings, Inc. (KPLT) reported $301.7M in revenue over the twelve months to Jun 30, 2026, up 13.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The 2025 recovery reached net profit, but cash conversion remains negative and the balance sheet remains strained.
Net income moved from a loss of$25.9M in FY2024 to a profit of$1.4M in FY2025, yet operating cash flow was-$11.9M and free cash flow was-$12.0M . This earnings-to-cash gap means the latest accounting improvement has not yet become internally generated cash, even though operating losses nearly disappeared.
Revenue reached
Total equity remained negative at
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Katapult Holdings, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Katapult Holdings, Inc. has an operating margin of -0.2%, meaning the company loses less than $1 on every $100 of revenue. This results in a profitability score of 29/100. This is up from -3.3% the prior year.
Katapult Holdings, Inc.'s revenue surged 18.0% year-over-year to $291.8M, reflecting rapid business expansion. This strong growth earns a score of 75/100.
Katapult Holdings, Inc.'s current ratio of 0.89 is below the typical benchmark, resulting in a score of 14/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Katapult Holdings, Inc.'s operations used $11.9M of cash, and capex of $34K added to the outflow, for a free cash flow shortfall of $12.0M. This results in a cash flow score of 14/100.
Katapult Holdings, Inc. scores 2.66, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($490.4M) relative to total liabilities ($145.9M). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Katapult Holdings, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Katapult Holdings, Inc. used $8.74 of operating cash (-$11.9M OCF vs $1.4M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Katapult Holdings, Inc. reported an operating loss of $513K against $20.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Katapult Holdings, Inc. generated $74.8M in revenue in Q2 2026. This represents an increase of 4.0% from the same quarter a year earlier. Against the prior quarter it is down 5.4%.
Katapult Holdings, Inc.'s EBITDA was $40.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.7% from the same quarter a year earlier. Against the prior quarter it is down 10.9%.
Katapult Holdings, Inc. reported -$4.4M in net income in Q2 2026. This represents an increase of 44.0% from the same quarter a year earlier. Against the prior quarter it is down 177.2%.
Cash & Balance Sheet
Katapult Holdings, Inc. recorded an outflow of $6.1M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 8.1% from the same quarter a year earlier. Against the prior quarter it is down 149.9%.
Katapult Holdings, Inc. held $18.0M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Katapult Holdings, Inc.'s gross margin was 15.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.6 percentage points.
Katapult Holdings, Inc.'s operating margin was -2.6% in Q2 2026, reflecting core business profitability. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.1 percentage points.
Katapult Holdings, Inc.'s net profit margin was -5.9% in Q2 2026, showing the share of revenue converted to profit. This is up 5.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 13.1 percentage points.
Not reported for Q2 2026.
Capital Allocation
Katapult Holdings, Inc. invested $16K in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is up 100.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
KPLT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-K | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-K | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $74.8M+4.0% | $79.0M+9.8% | $73.9M+17.3% | $74.0M+22.8% | $71.9M+22.1% | $71.9M+10.6% | $63.0M+9.4% | $60.3M+10.0% |
| Cost of Revenue | $63.3M+4.2% | $60.8M+5.6% | $62.4M+12.2% | $59.5M+23.0% | $60.7M+24.1% | $57.6M+18.6% | $55.6M+14.2% | $48.4M+11.6% |
| Gross Profit | $11.5M+3.0% | $18.2M+26.8% | $11.5M+55.7% | $14.6M+21.8% | $11.2M+12.5% | $14.3M-13.0% | $7.4M-16.8% | $11.9M+4.2% |
| Operating Income | -$1.9M-36.8% | $4.3M+908.8% | -$1.0M+78.7% | $2.5M+155.4% | -$1.4M+46.2% | -$536K-114.1% | -$4.8M+54.6% | -$4.4M-910.7% |
| EBITDA | $40.1M-0.7% | $45.0M+15.8% | $40.8M+23.4% | $43.7M+48.0% | $40.4M+25.9% | $38.9M+2.7% | $33.1M+40.4% | $29.6M-4.7% |
| Interest Expense | $3.2M-40.8% | $3.1M-39.0% | $4.1M-14.5% | $5.9M+22.9% | $5.4M+14.7% | $5.1M+13.6% | $4.8M+13.5% | $4.8M+12.6% |
| Income Tax | $73K+19.7% | -$44K-251.7% | $279K+830.0% | -$50K-206.4% | $61K0.0% | $29K+480.0% | $30K-73.2% | $47K+147.4% |
| Net Income | -$4.4M+44.0% | $5.7M+200.0% | $19.8M+307.3% | -$4.9M+44.3% | -$7.8M-13.7% | -$5.7M-897.9% | -$9.6M+34.6% | -$8.9M-119.2% |
| EPS (Basic) | -$1.41+13.5% | $0.07+105.7% | $3.66+270.2% | -$0.94+54.1% | -$1.63-1.2% | -$1.23-846.2% | -$2.15+39.3% | -$2.05-109.2% |
| EPS (Diluted) | -$1.41 | $0.07 | $3.66+270.2% | -$0.94+54.1% | -$1.63-1.2% | -$1.23-846.2% | -$2.15+39.3% | -$2.05-109.2% |
| Diluted Shares (Avg) | 5M | 5M | N/A | 5M+21.6% | 5M+12.3% | 5M+8.9% | N/A | 4M+5.1% |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
KPLT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-K | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-K | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $102.0M+12.6% | $104.0M+17.5% | $107.9M+15.8% | $85.9M-6.6% | $90.6M-15.0% | $88.5M-17.0% | $93.2M-7.6% | $92.0M-6.7% |
| Current Assets | $98.8M+12.5% | $101.3M+18.3% | $105.2M+16.4% | $83.1M-7.2% | $87.8M-15.4% | $85.7M-17.3% | $90.4M-7.4% | $89.5M-6.2% |
| Cash & Equivalents | $18.0M+393.2% | $22.3M+274.7% | $22.4M+547.4% | $3.4M-86.9% | $3.7M-89.2% | $6.0M-80.9% | $3.5M-83.8% | $25.9M-19.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $138.0M-4.6% | $135.9M-3.1% | $145.9M+4.3% | $144.3M+9.1% | $144.6M+3.6% | $140.2M+4.6% | $140.0M+8.6% | $132.2M+16.7% |
| Current Liabilities | $109.8M-23.7% | $107.6M-22.7% | $117.6M-15.2% | $143.8M+9.8% | $143.9M+3.5% | $139.2M+255.3% | $138.7M+227.9% | $131.0M+368.1% |
| Non-Current Liabilities | $28.3M+3571.6% | $28.3M+2609.6% | $28.3M+2128.5% | $491K-60.4% | $770K+33.0% | $1.0M-98.9% | $1.3M-98.5% | $1.2M-98.5% |
| Total Equity | -$36.0M+33.3% | -$31.9M+38.2% | -$38.1M+18.6% | -$58.4M-45.0% | -$54.1M-64.1% | -$51.7M-88.1% | -$46.8M-67.2% | -$40.3M-174.2% |
| Retained Earnings | -$145.8M+10.0% | -$141.4M+8.3% | -$147.1M+0.9% | -$166.9M-20.2% | -$162.0M-24.6% | -$154.1M-25.2% | -$148.5M-21.1% | -$138.9M-28.7% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
KPLT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-K | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-K | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6.1M+8.4% | $12.2M+255.2% | -$12.7M+55.3% | $4.0M+173.6% | -$6.6M-956.4% | $3.4M+73.6% | -$28.5M-194.0% | -$5.4M-752.5% |
| Depreciation & Amortization | $42.0M+0.6% | $40.7M+3.2% | $41.9M+10.4% | $41.3M+21.4% | $41.8M+20.4% | $39.4M+15.8% | $37.9M+10.8% | $34.0M+8.1% |
| Stock-Based Compensation | $300K-66.7% | $546K-48.8% | N/A | $800K-46.7% | $900K-43.8% | $1.1M-23.4% | N/A | $1.5M+7.1% |
| Capital Expenditures | $16K | $8K-66.7% | $6K-66.7% | $4K-63.6% | $0-100.0% | $24K | $18K+80.0% | $11K+10.0% |
| Free Cash Flow | -$6.1M+8.1% | $12.2M+257.5% | -$12.7M+55.3% | $4.0M+173.4% | -$6.6M-915.9% | $3.4M+72.4% | -$28.5M-193.9% | -$5.4M-761.8% |
| Investing Cash Flow | -$370K-42.9% | -$384K+4.2% | -$144K+77.7% | -$301K+5.6% | -$259K-22.7% | -$401K-218.3% | -$647K-206.6% | -$319K-30.7% |
| Financing Cash Flow | $2.4M+53.8% | -$7.2M-36.2% | $27.4M+77.8% | -$3.7M-59.2% | $1.6M-4.3% | -$5.3M-176.4% | $15.4M+10234.9% | -$2.3M+28.9% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
KPLT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-K | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-K | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.4%-0.2pp | 23.0%+3.1pp | 15.6%+3.8pp | 19.7%-0.2pp | 15.5%-1.3pp | 19.9%-5.4pp | 11.8%-3.7pp | 19.8%-1.1pp |
| Operating Margin | -2.6%-0.6pp | 5.5%+6.2pp | -1.4%+6.3pp | 3.3%+10.7pp | -2.0%+2.5pp | -0.8%-6.6pp | -7.7%+10.8pp | -7.4%-6.6pp |
| Net Margin | -5.9%+5.0pp | 7.2%+15.1pp | 26.9%+42.0pp | -6.7%+8.1pp | -10.9%+0.8pp | -7.9%-7.0pp | -15.2%+10.2pp | -14.7%-7.3pp |
| Return on Assets | -4.3%+4.3pp | 5.5%+11.9pp | 18.4%+28.7pp | -5.8%+3.9pp | -8.6%-2.2pp | -6.4%-5.9pp | -10.3%+4.2pp | -9.7%-5.6pp |
| Current Ratio | 0.90+0.3x | 0.94+0.3x | 0.89+0.2x | 0.58-0.1x | 0.61-0.1x | 0.62-2.0x | 0.65-1.7x | 0.68-2.7x |
| Asset Turnover | 0.73-0.1x | 0.76-0.1x | 0.690.0x | 0.86+0.2x | 0.79+0.2x | 0.81+0.2x | 0.68+0.1x | 0.66+0.1x |
| FCF Margin | -8.2%+1.1pp | 15.4%+10.7pp | -17.2%+28.1pp | 5.4%+14.4pp | -9.2%-8.1pp | 4.8%+1.7pp | -45.3%-28.4pp | -9.0%-10.5pp |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Note: Shareholder equity is negative (-$38.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.89), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Katapult Holdings, Inc. KPLT | FY2025 | $291.8M | $1.4M | 0.5% | $490.4M | 28/100 |
| MicroAlgo, Inc. MLGO | FY2025 | $60.0M | $18.1M | 30.2% | $30.0M | 43/100 |
| AEye, Inc. LIDR | FY2025 | $233K | -$34.0M | N/A | $39.3M | — |
| Alarum Technologies Ltd. ALAR | FY2025 | $40.8M | $963K | 2.4% | $10.3M | 19/100 |
| XBP Global Holdings, Inc. XBP | FY2024 | $872.7M | -$215.2M | -24.6% | $43.2M | 13/100 |
| Synchronoss Technologies Inc SNCR | FY2024 | $173.6M | $6.2M | 3.5% | $103.6M | 51/100 |
Where Katapult Holdings, Inc. Ranks
Frequently Asked Questions
What is Katapult Holdings, Inc.'s annual revenue?
Katapult Holdings, Inc. (KPLT) reported $291.8M in total revenue for fiscal year 2025. This represents a 18.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Katapult Holdings, Inc.'s revenue growing?
Katapult Holdings, Inc. (KPLT) revenue grew by 18.0% year-over-year, from $247.2M to $291.8M in fiscal year 2025.
Is Katapult Holdings, Inc. profitable?
Yes, Katapult Holdings, Inc. (KPLT) reported a net income of $1.4M in fiscal year 2025, with a net profit margin of 0.5%.
What is Katapult Holdings, Inc.'s EBITDA?
Katapult Holdings, Inc. (KPLT) had EBITDA of $163.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Katapult Holdings, Inc.'s gross margin?
Katapult Holdings, Inc. (KPLT) had a gross margin of 17.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Katapult Holdings, Inc.'s operating margin?
Katapult Holdings, Inc. (KPLT) had an operating margin of -0.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Katapult Holdings, Inc.'s net profit margin?
Katapult Holdings, Inc. (KPLT) had a net profit margin of 0.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Katapult Holdings, Inc.'s free cash flow?
Katapult Holdings, Inc. (KPLT) recorded an outflow of $12.0M in free cash flow during fiscal year 2025. This represents a 63.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Katapult Holdings, Inc.'s operating cash flow?
Katapult Holdings, Inc. (KPLT) recorded an outflow of $11.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Katapult Holdings, Inc.'s total assets?
Katapult Holdings, Inc. (KPLT) had $107.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Katapult Holdings, Inc.'s capital expenditures?
Katapult Holdings, Inc. (KPLT) invested $34K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Katapult Holdings, Inc.'s current ratio?
Katapult Holdings, Inc. (KPLT) had a current ratio of 0.89 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Katapult Holdings, Inc.'s return on assets (ROA)?
Katapult Holdings, Inc. (KPLT) had a return on assets of 1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Katapult Holdings, Inc.'s P/E ratio?
Katapult Holdings, Inc. (KPLT) trades at 30.3x earnings, its market capitalization divided by net income of $16.2M net income, trailing 12 months to June 30, 2026. The market capitalization is $490.4M as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Katapult Holdings, Inc.'s price-to-sales ratio?
Katapult Holdings, Inc. (KPLT) trades at 1.6x sales, its market capitalization divided by revenue of $301.7M revenue, trailing 12 months to June 30, 2026. The market capitalization is $490.4M as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Katapult Holdings, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Katapult Holdings, Inc. (KPLT) held $22.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $11.9M over that year. Dividing the one by the other, the reported balance equals about 23 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Katapult Holdings, Inc.'s debt-to-equity ratio negative or not reported?
Katapult Holdings, Inc. (KPLT) has negative shareholder equity of -$38.1M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Katapult Holdings, Inc.'s Altman Z-Score?
Katapult Holdings, Inc. (KPLT) has an Altman Z-Score of 2.66, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Katapult Holdings, Inc.'s Piotroski F-Score?
Katapult Holdings, Inc. (KPLT) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Katapult Holdings, Inc.'s earnings high quality?
For every $1 of reported earnings, Katapult Holdings, Inc. (KPLT) used $8.74 of operating cash (-$11.9M OCF vs $1.4M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Katapult Holdings, Inc. cover its interest payments?
Katapult Holdings, Inc. (KPLT) reported an operating loss of $513K against $20.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Katapult Holdings, Inc.?
Katapult Holdings, Inc. (KPLT) scores 28 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.