Here are the 10-Q quarterly reports from Katapult Holdings, Inc. Warrant (KPLTW) 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-Q covers the quarterly report filed between annual reports, so if you follow KPLTW 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 KPLTW filings page.
Katapult Holdings, Inc. reported stronger results for the quarter ended March 31, 2026, moving to net income of $5.7 million from a net loss a year earlier. Revenue rose to $79.0 million, up 9.8%, as rental revenue and other revenue both increased.
Gross profit improved to $18.2 million, or 23.0% of revenue, helped by portfolio growth and higher buyout activity. Adjusted EBITDA reached $6.4 million. Results also benefited from a $4.3 million gain on the fair value of derivative and warrant liabilities and lower interest expense after a prior term loan repayment.
The company highlighted substantial doubt about its ability to continue as a going concern because its $110 million New Revolving Facility, with $71.6 million outstanding, matures in December 2026 and will require refinancing. Katapult also obtained covenant waivers in April and May 2026. It is pursuing strategic mergers with CCFI and Aaron’s, expected to close in the third quarter of 2026, which would significantly change ownership and capital structure.
Katapult Holdings, Inc. reported revenue growth driven by higher gross originations and expansion of its Katapult Pay channel while remaining loss-making and facing liquidity pressure. Total revenue for the three months ended June 30, 2025 was $71.9 million (up 22.1% year-over-year) and $143.8 million for the six months (up 16.1%). Gross originations rose to $72.1 million for the quarter (up 30.4%). Despite top-line growth, the company recorded a quarterly net loss of $7.8 million and a six-month net loss of $13.5 million, widening year-over-year, and reported a stockholders' deficit of $54.1 million.
The company completed a refinancing that established an initial $110 million revolving facility and a $33 million term loan with 18% PIK interest, recorded a $3.6 million derivative liability and issued lender warrants valued at $3.9 million. Cash and restricted cash totaled $9.0 million, while current liabilities exceeded current assets, and the filing discloses substantial doubt about going concern for one year due to covenant risks.