Here are the 10-K annual reports from Katapult Holdings, Inc. (KPLT) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow KPLT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KPLT filings page.
Katapult Holdings, Inc. files its 2025 annual report outlining a technology-driven lease-to-own platform serving U.S. nonprime consumers through e-commerce and app-based channels. The company estimates a $50–$60 billion addressable virtual LTO market and currently captures less than 1% share based on 2025 gross originations.
Katapult has signed a definitive agreement to merge with CCF Holdings LLC and Aaron’s Intermediate Holdco, Inc., which, if completed, would make both businesses wholly owned subsidiaries and materially expand scale and omnichannel reach. The Mergers are subject to customary stockholder and regulatory approvals and are expected to close in the second quarter of 2026, though completion is not assured.
The report details significant financing arrangements, including a $78.7 million revolving credit facility outstanding as of December 31, 2025, with strict covenants and prior covenant waivers, and high-cost Series A and Series B Convertible Preferred Stock accruing dividends at least 18% annually until specified approvals. Katapult highlights concentration risk with Wayfair as its largest merchant partner, regulatory exposure across 46 states, and extensive risk factors tied to the pending Mergers, preferred stock, leverage, technology, regulation and data privacy.