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Katapult (KPLTW) Financials

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Annual Income Statements for Katapult

Annual Income Statements for Katapult

This table shows Katapult's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -19 23 21 -40 -37 -26 -0.56
Consolidated Net Income / (Loss)		 -19 23 21 -40 -37 -26 1.37
Net Income / (Loss) Continuing Operations		 -19 23 21 -40 -37 -26 1.37
Total Pre-Tax Income 		-19 23 22 -41 -37 -26 1.68
Total Revenue		 82 233 287 191 203 248 297
Net Interest Income / (Expense)		 -8.58 -14 -16 -19 -16 1.16 0.20
Total Interest Income		 0.00 0.00 0.00 0.74 1.70 1.16 0.20
Investment Securities Interest Income		 - - 0.00 0.74 1.70 1.16 0.20
Total Interest Expense		 8.58 14 16 19 18 0.00 0.00
Total Non-Interest Income		 91 247 303 209 219 247 297
Other Service Charges		 0.88 0.27 0.32 4.13 3.24 3.22 4.60
Net Realized & Unrealized Capital Gains on Investments		 -0.82 -0.40 - 0.00 -2.39 0.00 5.12
Other Non-Interest Income		 91 247 303 205 218 244 287
Total Non-Interest Expense		 92 194 265 231 240 274 295
Salaries and Employee Benefits		 5.51 6.87 27 25 23 20 18
Net Occupancy & Equipment Expense		 4.29 6.30 8.20 9.39 6.91 7.17 6.11
Insurance Policy Acquisition Costs		 2.56 2.34 1.88 1.83 1.92 2.30 3.20
Other Operating Expenses		 80 179 200 202 209 245 286
Other Special Charges		 0.00 -0.10 28 -6.44 -0.81 -0.02 -17
Income Tax Expense		 0.00 0.49 0.54 -0.05 0.17 0.14 0.32
Preferred Stock Dividends Declared		 - - - - - 0.00 1.92
Basic Earnings per Share		 ($0.73) $0.73 $0.31 ($10.30) ($8.97) ($5.96) ($0.11)
Weighted Average Basic Shares Outstanding		 25.66M 30.86M 68.50M 3.93M 4.09M 4.35M 5.03M
Diluted Earnings per Share		 ($0.73) $0.48 $0.26 ($10.30) ($8.97) ($5.96) ($0.11)
Weighted Average Diluted Shares Outstanding		 25.66M 46.95M 80.57M 3.93M 4.09M 4.35M 5.03M
Weighted Average Basic & Diluted Shares Outstanding		 - -4.72 97.85M 98.73M - 4.46M 4.77M

Quarterly Income Statements for Katapult

This table shows Katapult's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -4.05 -15 -0.57 -6.89 -8.89 -9.57 -5.69 -7.84 -4.95 18 0.36
Consolidated Net Income / (Loss)		 -4.05 -15 -0.57 -6.89 -8.89 -9.57 -5.69 -7.84 -4.95 20 5.69
Net Income / (Loss) Continuing Operations		 -4.05 -15 -0.57 -6.89 -8.89 -9.57 -5.69 -7.84 -4.95 20 1.64
Total Pre-Tax Income 		-4.04 -15 -0.57 -6.83 -8.84 -9.54 -5.66 -7.77 -5.00 20 9.98
Total Revenue		 51 54 61 55 56 77 67 66 68 97 79
Net Interest Income / (Expense)		 -3.98 -3.91 -4.20 -4.32 -4.47 14 -5.09 -5.34 -5.89 17 0.00
Total Interest Income		 0.29 0.36 0.32 0.36 0.33 0.15 0.06 0.03 0.01 0.10 0.00
Total Interest Expense		 4.26 4.27 4.53 4.67 4.80 -14 5.14 5.36 5.90 -16 0.00
Total Non-Interest Income		 55 58 65 59 60 63 72 71 74 80 1.60
Other Service Charges		 0.77 0.82 0.92 0.67 0.70 0.93 0.87 1.17 1.27 1.30 1.60
Total Non-Interest Expense		 55 68 61 61 65 87 73 73 73 76 0.00
Income Tax Expense		 0.02 0.11 0.01 0.06 0.05 0.03 0.03 0.06 -0.05 0.28 -0.04
Basic Earnings per Share		 ($0.98) ($3.58) ($0.13) ($1.61) ($2.05) ($2.20) ($1.23) ($1.63) ($0.94) $3.69 $0.07
Weighted Average Basic Shares Outstanding		 4.13M 4.09M 4.24M 4.29M 4.34M 4.35M 4.62M 4.81M 5.28M 5.03M 5.46M
Diluted Earnings per Share		 ($0.98) ($3.58) ($0.13) ($1.61) ($2.05) ($2.20) ($1.23) ($1.63) ($0.94) $3.69 $0.07
Weighted Average Diluted Shares Outstanding		 4.13M 4.09M 4.24M 4.29M 4.34M 4.35M 4.62M 4.81M 5.28M 5.03M 5.46M
Weighted Average Basic & Diluted Shares Outstanding		 4.07M 0.00 4.11M 4.17M 4.39M 4.46M 4.54M 4.57M 4.64M 4.77M 4.77M

Annual Cash Flow Statements for Katapult

This table details how cash moves in and out of Katapult's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 9.28 57 27 -27 -41 -12 6.93
Net Cash From Operating Activities		 -32 -2.14 2.17 -21 -17 -33 -12
Net Cash From Continuing Operating Activities		 -32 -2.14 2.17 -21 -17 -33 -12
Net Income / (Loss) Continuing Operations		 -19 23 21 -40 -37 -26 1.37
Consolidated Net Income / (Loss)		 -19 23 21 -40 -37 -26 1.37
Depreciation Expense		 47 111 144 117 149 166 193
Amortization Expense		 0.74 0.65 3.06 5.27 3.39 3.64 5.60
Non-Cash Adjustments to Reconcile Net Income		 -64 49 38 50 -148 -165 -214
Changes in Operating Assets and Liabilities, net		 -5.55 -202 -233 -153 15 -11 2.00
Net Cash From Investing Activities		 0.09 -0.40 -1.44 -1.51 -0.97 -1.30 -1.11
Net Cash From Continuing Investing Activities		 0.09 -0.40 -1.44 -1.51 -0.97 -1.30 -1.11
Purchase of Property, Leasehold Improvements and Equipment		 -0.08 -0.44 -1.44 -1.51 -0.97 -1.30 -1.18
Sale and/or Maturity of Investments		 0.17 - - 0.00 - 0.00 0.08
Net Cash From Financing Activities		 41 60 26 -4.24 -23 22 20
Net Cash From Continuing Financing Activities		 41 60 26 -4.24 -23 22 20
Issuance of Debt		 34 89 7.04 19 14 34 22
Issuance of Preferred Equity		 9.34 0.00 - - - 0.00 65
Repayment of Debt		 -2.85 -29 -20 -22 -37 -12 -66
Other Financing Activities, Net		 0.00 0.11 -110 -0.28 -0.39 -0.40 -0.59
Cash Interest Paid		 7.11 13 12 12 13 14 12
Cash Income Taxes Paid		 0.11 0.63 0.42 0.45 0.21 0.23 0.11

Quarterly Cash Flow Statements for Katapult

This table details how cash moves in and out of Katapult's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -2.70 -10 8.76 0.80 -8.08 -14 -2.24 -5.32 -0.03 15 4.64
Net Cash From Operating Activities		 0.83 -9.69 1.98 -0.63 -5.42 -28 3.44 -6.63 3.99 -13 12
Net Cash From Continuing Operating Activities		 0.83 -9.69 1.98 -0.63 -5.42 -28 3.44 -6.63 3.99 -13 12
Net Income / (Loss) Continuing Operations		 -4.05 -15 -0.57 -6.89 -8.89 -9.57 -5.69 -7.84 -4.95 20 5.69
Consolidated Net Income / (Loss)		 -4.05 -15 -0.57 -6.89 -8.89 -9.57 -5.69 -7.84 -4.95 20 5.69
Depreciation Expense		 31 56 40 41 61 24 46 49 48 50 58
Amortization Expense		 0.70 0.76 0.81 0.88 1.25 0.70 1.13 1.27 1.87 1.33 1.04
Non-Cash Adjustments to Reconcile Net Income		 -116 -63 -36 -38 79 -171 -44 67 -157 -80 -3.81
Changes in Operating Assets and Liabilities, net		 89 11 -2.19 2.64 -138 127 5.91 -116 116 -3.59 -49
Net Cash From Investing Activities		 -0.24 -0.21 -0.13 -0.21 -0.32 -0.65 -0.40 -0.26 -0.30 -0.14 -0.38
Net Cash From Continuing Investing Activities		 -0.24 -0.21 -0.13 -0.21 -0.32 -0.65 -0.40 -0.26 -0.30 -0.14 -0.38
Purchase of Property, Leasehold Improvements and Equipment		 -0.24 -0.21 -0.13 -0.21 -0.32 -0.65 -0.40 -0.26 -0.30 -0.22 -0.38
Net Cash From Financing Activities		 -3.29 -0.15 6.91 1.64 -2.34 15 -5.28 1.57 -3.73 27 -7.19
Net Cash From Continuing Financing Activities		 -3.29 -0.15 6.91 1.64 -2.34 15 -5.28 1.57 -3.73 27 -7.19
Issuance of Debt		 1.54 3.38 10 4.58 1.46 18 5.13 4.89 2.89 9.06 1.30
Repayment of Debt		 -4.74 -3.50 -2.84 -2.82 -3.88 -2.87 -10 -2.02 -7.66 -47 -8.41
Other Financing Activities, Net		 -0.08 -0.04 -0.31 -0.13 0.09 -0.05 -0.27 -1.29 1.04 -0.06 -0.08
Cash Interest Paid		 3.22 3.19 3.38 3.51 3.48 3.34 3.66 3.41 2.35 2.28 1.89
Cash Income Taxes Paid		 0.04 0.06 0.11 0.09 0.07 -0.04 0.00 0.05 0.02 0.03 0.00

Annual Balance Sheets for Katapult

This table presents Katapult's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 252 140 166 130 101 93 108
Cash and Due from Banks		 1.58 66 92 65 21 3.47 22
Restricted Cash		 - 3.98 - 4.41 7.40 13 1.05
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 - 67 - 49 0.33 0.25 74
Deferred Acquisition Cost		 - - - - - 0.00 3.80
Intangible Assets		 - 0.19 - 1.85 1.92 2.08 2.12
Other Assets		 0.13 2.98 6.26 8.96 70 74 4.61
Total Liabilities & Shareholders' Equity		 252 140 166 130 101 93 108
Total Liabilities		 22 141 21 132 129 140 118
Short-Term Debt		 0.10 1.69 2.03 26 0.90 114 81
Accrued Interest Payable		 - 13 12 19 24 17 18
Other Short-Term Payables		 0.12 2.65 - 4.57 17 7.20 19
Other Long-Term Liabilities		 22 13 7.34 1.35 0.71 1.27 0.44
Redeemable Noncontrolling Interest		 225 - - - - 0.00 28
Total Equity & Noncontrolling Interests		 5.00 -0.95 41 -2.07 -28 -47 -38
Total Preferred & Common Equity		 5.00 -0.95 41 -2.07 -28 -47 -38
Total Common Equity		 5.00 -0.95 41 -2.07 -28 -47 -38
Common Stock		 8.07 57 78 84 95 102 109
Retained Earnings		 -3.07 -58 -37 -86 -123 -148 -147

Quarterly Balance Sheets for Katapult

This table presents Katapult's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 99 107 107 92 89 91 86 104
Cash and Due from Banks		 0.00 31 34 26 5.97 3.66 3.40 22
Restricted Cash		 0.00 6.34 4.65 4.42 8.35 5.33 5.56 5.77
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 0.00 58 0.29 0.27 0.24 0.21 0.19 0.14
Deferred Acquisition Cost		 - - - - - 5.80 4.83 2.78
Intangible Assets		 0.00 1.81 1.77 1.71 2.16 2.13 2.20 2.20
Other Assets		 57 9.36 66 60 72 73 70 71
Total Liabilities & Shareholders' Equity		 99 107 107 92 89 91 86 104
Total Liabilities		 113 134 140 132 140 145 144 108
Short-Term Debt		 0.00 1.66 99 97 81 83 83 76
Accrued Interest Payable		 22 20 23 23 19 22 19 16
Other Short-Term Payables		 4.76 17 18 11 40 39 42 15
Other Long-Term Liabilities		 0.00 0.78 0.58 1.24 1.05 0.77 0.49 0.41
Redeemable Noncontrolling Interest		 - - - - - - - 28
Total Equity & Noncontrolling Interests		 -108 -27 -33 -40 -52 -54 -58 -32
Total Preferred & Common Equity		 -15 -27 -33 -40 -52 -54 -58 -32
Total Common Equity		 -108 -27 -33 -40 -52 -54 -58 -32
Common Stock		 0.00 96 97 99 102 108 109 109
Retained Earnings		 -108 -123 -130 -139 -154 -162 -167 -141

Annual Metrics And Ratios for Katapult

This table displays calculated financial ratios and metrics derived from Katapult's official financial filings.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 0.00 31,915,000.00 97,472,371.00 98,448,244.00 4,065,175.00 4,390,519.00 4,643,334.00
DEI Adjusted Shares Outstanding		 0.00 1,276,600.00 3,898,895.00 3,937,930.00 4,065,175.00 4,390,519.00 4,643,334.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 17.65 5.44 -10.28 -9.02 -5.90 0.29
Growth Metrics		 - - - - - - -
Revenue Growth		 0.00% 182.76% 22.91% -33.37% 6.33% 22.30% 19.62%
EBITDA Growth		 0.00% 365.41% 24.93% -51.67% 41.51% 24.28% 39.57%
EBIT Growth		 0.00% 222.49% -5.53% -286.35% 9.92% 29.39% 106.53%
NOPAT Growth		 0.00% 271.28% -5.88% -233.76% 9.92% 29.39% 107.57%
Net Income Growth		 0.00% 219.90% -5.88% -290.85% 9.40% 29.32% 105.27%
EPS Growth		 0.00% 165.75% -45.83% -290.85% 12.91% 33.56% 98.15%
Operating Cash Flow Growth		 0.00% 93.22% 201.12% -1,062.51% 16.47% -87.03% 63.36%
Free Cash Flow Firm Growth		 0.00% 0.00% -110.05% 195.87% 51.31% -229.26% 93.41%
Invested Capital Growth		 0.00% -51.56% 31.75% -28.58% -43.98% 14.58% 4.63%
Revenue Q/Q Growth		 0.00% 0.00% -11.76% -12.79% 6.50% 10.43% 14.80%
EBITDA Q/Q Growth		 0.00% 0.00% -14.97% -10.93% 32.59% -15.82% 15.50%
EBIT Q/Q Growth		 0.00% 0.00% -59.15% -9.36% 1.58% 16.19% 106.02%
NOPAT Q/Q Growth		 0.00% 0.00% 33.87% -122.58% 1.58% 16.19% 106.97%
Net Income Q/Q Growth		 0.00% 0.00% 33.87% -123.44% 0.68% 16.34% 104.87%
EPS Q/Q Growth		 0.00% 0.00% 62.50% -123.44% -0.34% 16.53% 97.93%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% -68.02% -888.06% 35.58% -136.62% 56.93%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% -2.54% -80.33% 71.31% -113.76%
Invested Capital Q/Q Growth		 0.00% 0.00% 2.99% -9.50% 500.20% 19.09% 190.84%
Profitability Metrics		 - - - - - - -
EBITDA Margin		 35.20% 57.94% 58.89% 42.72% 56.85% 57.77% 67.40%
EBIT Margin		 -22.78% 9.87% 7.59% -21.22% -17.97% -10.38% 0.57%
Profit (Net Income) Margin		 -22.78% 9.66% 7.40% -21.19% -18.06% -10.43% 0.46%
Tax Burden Percent		 100.00% 97.88% 97.52% 99.88% 100.45% 100.55% 81.06%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 2.12% 2.48% 0.00% 0.00% 0.00% 18.94%
Return on Invested Capital (ROIC)		 -5.72% 13.19% 16.42% -22.53% -31.23% -28.62% 1.98%
ROIC Less NNEP Spread (ROIC-NNEP)		 -5,508.50% 13.19% 16.42% -33.90% -42.70% -36.46% 1.98%
Return on Net Nonoperating Assets (RNNOA)		 -2.45% 6.48% 90.01% -186.45% 275.19% 97.92% -6.77%
Return on Equity (ROE)		 -8.17% 19.67% 106.43% -208.98% 243.97% 69.30% -4.79%
Cash Return on Invested Capital (CROIC)		 0.00% 82.66% -10.98% 10.81% 25.15% -42.20% -2.54%
Operating Return on Assets (OROA)		 -7.45% 11.74% 14.21% -27.36% -31.61% -26.56% 1.68%
Return on Assets (ROA)		 -7.45% 11.49% 13.86% -27.33% -31.76% -26.71% 1.36%
Return on Common Equity (ROCE)		 -0.18% 0.35% 106.43% -208.98% 243.97% 69.30% -7.14%
Return on Equity Simple (ROE_SIMPLE)		 -375.84% -2,374.18% 51.98% 1,958.95% 130.99% 55.38% -3.58%
Net Operating Profit after Tax (NOPAT)		 -13 23 21 -28 -26 -18 1.37
NOPAT Margin		 -15.95% 9.66% 7.40% -14.85% -12.58% -7.26% 0.46%
Net Nonoperating Expense Percent (NNEP)		 5,502.78% 0.00% 0.00% 11.37% 11.48% 7.84% 0.00%
SG&A Expenses to Revenue		 11.89% 5.65% 12.26% 18.05% 14.59% 10.97% 8.07%
Operating Expenses to Revenue		 111.67% 83.24% 92.41% 121.22% 117.97% 110.38% 99.43%
Earnings before Interest and Taxes (EBIT)		 -19 23 22 -41 -37 -26 1.68
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 29 135 169 82 115 143 200
Valuation Ratios		 - - - - - - -
Price to Book Value (P/BV)		 1,072.50 0.00 8.05 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 1,072.50 0.00 8.05 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 65.02 1.71 1.15 0.49 0.22 0.12 0.10
Price to Earnings (P/E)		 0.00 17.71 15.49 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 5.65% 6.46% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 24.28 3.96 1.62 1.25 1.74 1.89 1.63
Enterprise Value to Revenue (EV/Rev)		 67.73 1.89 0.83 0.69 0.50 0.51 0.39
Enterprise Value to EBITDA (EV/EBITDA)		 192.42 3.27 1.41 1.61 0.89 0.89 0.57
Enterprise Value to EBIT (EV/EBIT)		 0.00 19.19 10.95 0.00 0.00 0.00 68.32
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 19.61 11.22 0.00 0.00 0.00 84.28
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 109.89 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 3.13 0.00 9.65 4.97 0.00 0.00
Leverage & Solvency		 - - - - - - -
Debt to Equity		 0.00 -118.46 0.05 -51.77 -3.10 -2.44 -7.92
Long-Term Debt to Equity		 0.00 -116.68 0.00 -39.06 -3.07 0.00 0.00
Financial Leverage		 0.00 0.49 5.48 5.50 -6.44 -2.69 -3.42
Leverage Ratio		 1.10 1.71 7.68 7.65 -7.68 -2.59 -3.53
Compound Leverage Factor		 1.10 1.71 7.68 7.65 -7.68 -2.59 -3.53
Debt to Total Capital		 0.04% 100.85% 4.74% 101.97% 147.64% 169.50% 114.44%
Short-Term Debt to Total Capital		 0.04% 1.51% 4.74% 25.04% 1.54% 169.50% 114.44%
Long-Term Debt to Total Capital		 0.00% 99.34% 0.00% 76.93% 146.10% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 97.78% 0.00% 0.00% 0.00% 0.00% 0.00% 39.62%
Common Equity to Total Capital		 2.17% -0.85% 95.26% -1.97% -47.64% -69.50% -54.06%
Debt to EBITDA		 0.00 0.83 0.01 1.31 0.75 0.80 0.40
Net Debt to EBITDA		 -0.05 0.32 -0.54 0.46 0.50 0.68 0.29
Long-Term Debt to EBITDA		 0.00 0.82 0.00 0.99 0.74 0.00 0.00
Debt to NOPAT		 -0.01 4.99 0.10 -3.77 -3.40 -6.33 59.06
Net Debt to NOPAT		 0.11 1.90 -4.27 -1.31 -2.27 -5.41 41.86
Long-Term Debt to NOPAT		 0.00 4.91 0.00 -2.84 -3.36 0.00 0.00
Noncontrolling Interest Sharing Ratio		 97.83% 98.23% 0.00% 0.00% 0.00% 0.00% -48.99%
Liquidity Ratios		 - - - - - - -
Cash Flow Metrics		 - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 141 -14 14 21 -27 -1.75
Operating Cash Flow to CapEx		 -38,517.07% -491.28% 150.84% -1,385.25% -1,787.89% -2,499.54% -1,010.41%
Free Cash Flow to Firm to Interest Expense		 0.00 10.39 -0.86 0.71 1.15 0.00 0.00
Operating Cash Flow to Interest Expense		 -3.68 -0.16 0.13 -1.08 -0.98 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 -3.69 -0.19 0.04 -1.16 -1.03 0.00 0.00
Efficiency Ratios		 - - - - - - -
Asset Turnover		 0.33 1.19 1.87 1.29 1.76 2.56 2.96
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 8.17 856.40 8.02
Capital & Investment Metrics		 - - - - - - -
Invested Capital		 230 111 147 105 59 67 70
Invested Capital Turnover		 0.36 1.37 2.22 1.52 2.48 3.94 4.31
Increase / (Decrease) in Invested Capital		 0.00 -119 35 -42 -46 8.57 3.12
Enterprise Value (EV)		 5,586 442 238 131 102 127 115
Market Capitalization		 5,363 399 328 94 44 30 30
Book Value per Share		 $0.19 ($0.03) $0.42 ($0.02) ($6.89) ($10.66) ($8.20)
Tangible Book Value per Share		 $0.19 ($0.04) $0.42 ($0.04) ($7.36) ($11.13) ($8.66)
Total Capital		 230 111 43 105 59 67 70
Total Debt		 0.10 112 2.03 107 87 114 81
Total Long-Term Debt		 0.00 111 0.00 81 86 0.00 0.00
Net Debt		 -1.48 43 -90 37 58 98 57
Capital Expenditures (CapEx)		 0.08 0.44 1.44 1.51 0.97 1.30 1.18
Net Nonoperating Expense (NNE)		 5.64 0.00 0.00 12 11 7.87 0.00
Net Nonoperating Obligations (NNO)		 0.10 112 106 107 87 114 81
Total Depreciation and Amortization (D&A)		 48 112 147 122 152 169 199
Earnings Adjustments		 - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $7.75 ($9.75) ($8.97) ($5.96) ($0.11)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 2.74M 3.93M 4.09M 4.35M 5.03M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $6.50 ($9.75) ($8.97) ($5.96) ($0.11)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 3.22M 3.93M 4.09M 4.35M 5.03M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 3.91M 3.95M 0.00 4.46M 4.77M
Normalized Net Operating Profit after Tax (NOPAT)		 -13 22 49 -33 -26 -18 -13
Normalized NOPAT Margin		 -15.95% 9.62% 17.03% -17.21% -12.86% -7.27% -4.30%
Pre Tax Income Margin		 -22.78% 9.87% 7.59% -21.22% -17.97% -10.38% 0.57%
Debt Service Ratios		 - - - - - - -
EBIT to Interest Expense		 -2.19 1.69 1.32 -2.10 -2.05 0.00 0.00
NOPAT to Interest Expense		 -1.53 1.66 1.29 -1.47 -1.43 0.00 0.00
EBIT Less CapEx to Interest Expense		 -2.20 1.66 1.23 -2.18 -2.10 0.00 0.00
NOPAT Less CapEx to Interest Expense		 -1.54 1.63 1.20 -1.55 -1.49 0.00 0.00
Payout Ratios		 - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Katapult

This table displays calculated financial ratios and metrics derived from Katapult's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 4,021,614.00 4,065,175.00 4,065,175.00 4,105,645.00 4,168,919.00 4,390,519.00 4,461,243.00 4,537,568.00 4,569,546.00 4,643,334.00 4,765,058.00
DEI Adjusted Shares Outstanding		 4,021,614.00 4,065,175.00 4,065,175.00 4,105,645.00 4,168,919.00 4,390,519.00 4,461,243.00 4,537,568.00 4,569,546.00 4,643,334.00 4,765,058.00
DEI Earnings Per Adjusted Shares Outstanding		 -1.01 -3.60 -0.14 -1.68 -2.13 -2.18 -1.28 -1.73 -1.08 4.27 1.19
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 11.75% 30.04% 26.46% 8.09% 9.84% 43.73% 9.86% 20.10% 22.06% 25.21% 18.19%
EBITDA Growth		 48.92% 201.40% 95.40% 41.85% 89.90% -63.49% 3.97% 22.76% -16.19% 360.83% 233.80%
EBIT Growth		 55.83% 3.88% 94.63% 8.04% -119.11% 34.29% -901.59% -13.87% 43.46% 310.88% 1,496.38%
NOPAT Growth		 55.83% 3.88% 94.63% 8.04% -119.11% 34.29% -901.59% -13.87% 43.46% 397.08% 352.97%
Net Income Growth		 55.98% 1.69% 94.59% 7.39% -119.24% 34.59% -897.89% -13.75% 44.32% 307.30% 199.96%
EPS Growth		 58.12% 5.54% 95.09% 12.02% -109.18% 38.55% -846.15% -1.24% 54.15% 267.73% 105.69%
Operating Cash Flow Growth		 272.65% 49.80% 168.13% 88.88% -752.47% -193.99% 73.64% -956.37% 173.63% 55.34% 255.21%
Free Cash Flow Firm Growth		 529.15% 14.57% -159.98% -162.14% -160.59% -142.37% 146.91% 137.74% 137.23% 209.69% -192.93%
Invested Capital Growth		 -112.67% -43.98% 1,131.46% 649.57% 485.04% 14.58% -57.53% -55.65% -57.16% 4.63% 147.74%
Revenue Q/Q Growth		 0.73% 5.54% 13.44% -10.37% 2.36% 38.10% -13.30% -2.02% 4.04% 41.67% -18.16%
EBITDA Q/Q Growth		 14.93% 51.08% -6.01% -13.08% 53.86% -70.95% 167.64% 2.63% 5.04% 59.73% 93.86%
EBIT Q/Q Growth		 45.65% -259.78% 96.11% -1,108.32% -29.50% -7.90% 40.68% -37.37% 35.70% 502.40% 292.83%
NOPAT Q/Q Growth		 45.65% -259.78% 96.11% -1,108.32% -29.50% -7.90% 40.68% -37.37% 35.70% 666.88% -49.48%
Net Income Q/Q Growth		 45.50% -260.85% 96.10% -1,108.42% -29.04% -7.66% 40.56% -37.75% 36.83% 500.83% -71.34%
EPS Q/Q Growth		 46.45% -265.31% 96.37% -1,138.46% -27.33% -7.32% 44.09% -32.52% 42.33% 492.55% -98.10%
Operating Cash Flow Q/Q Growth		 114.72% -1,266.55% 120.43% -131.72% -763.38% -425.62% 112.06% -292.96% 160.17% -418.86% 195.94%
Free Cash Flow Firm Q/Q Growth		 -3.53% -71.84% -309.46% -9.22% 5.94% 80.31% 331.90% -12.14% -7.21% -41.98% -296.47%
Invested Capital Q/Q Growth		 -23.05% 500.20% 16.27% -4.02% -13.79% 19.09% -56.90% 0.23% -16.71% 190.84% 2.04%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 55.29% 79.14% 65.58% 63.59% 95.58% 20.10% 62.06% 65.00% 65.63% 73.99% 175.27%
EBIT Margin		 -7.94% -27.06% -0.93% -12.52% -15.83% -12.37% -8.46% -11.87% -7.33% 20.83% 100.00%
Profit (Net Income) Margin		 -7.98% -27.27% -0.94% -12.63% -15.92% -12.41% -8.51% -11.96% -7.26% 20.55% 7.20%
Tax Burden Percent		 100.47% 100.77% 100.89% 100.89% 100.53% 100.31% 100.51% 100.78% 99.00% 98.61% 56.99%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 12.63%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.39% -0.44%
Return on Invested Capital (ROIC)		 -20.93% -47.01% -4.55% -71.82% -119.11% -34.11% -30.96% -43.26% -32.91% 88.60% 77.73%
ROIC Less NNEP Spread (ROIC-NNEP)		 -22.23% -51.62% -4.73% -74.03% -121.95% -36.99% -32.92% -45.89% -34.52% 88.60% 72.20%
Return on Net Nonoperating Assets (RNNOA)		 47.81% 332.66% 7.09% 103.07% 156.40% 99.36% 73.40% 95.82% 62.79% -302.88% -202.97%
Return on Equity (ROE)		 26.88% 285.66% 2.55% 31.25% 37.29% 65.25% 42.43% 52.56% 29.88% -214.28% -125.24%
Cash Return on Invested Capital (CROIC)		 0.00% 25.15% -136.89% -145.89% -164.04% -42.20% 36.37% 30.06% 31.54% -2.54% -51.13%
Operating Return on Assets (OROA)		 -13.14% -47.59% -1.90% -26.29% -37.37% -31.67% -22.06% -29.66% -21.34% 61.57% 321.23%
Return on Assets (ROA)		 -13.20% -47.96% -1.91% -26.52% -37.57% -31.77% -22.18% -29.89% -21.12% 60.72% 23.11%
Return on Common Equity (ROCE)		 26.88% 285.66% 2.55% 31.25% 37.29% 65.25% 42.43% 52.56% 29.88% -319.26% -187.98%
Return on Equity Simple (ROE_SIMPLE)		 251.43% 0.00% 97.12% 79.35% 76.93% 0.00% 60.04% 59.15% 48.04% 0.00% -39.90%
Net Operating Profit after Tax (NOPAT)		 -2.82 -10 -0.40 -4.78 -6.19 -6.68 -3.96 -5.44 -3.50 20 10
NOPAT Margin		 -5.56% -18.94% -0.65% -8.76% -11.08% -8.66% -5.92% -8.31% -5.13% 20.55% 12.68%
Net Nonoperating Expense Percent (NNEP)		 1.30% 4.61% 0.19% 2.21% 2.84% 2.88% 1.96% 2.63% 1.62% 0.00% 5.54%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 107.94% 127.06% 100.93% 112.52% 115.83% 112.37% 108.46% 111.87% 107.33% 79.17% 0.00%
Earnings before Interest and Taxes (EBIT)		 -4.04 -15 -0.57 -6.83 -8.84 -9.54 -5.66 -7.77 -5.00 20 79
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 28 42 40 35 53 16 41 43 45 71 139
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.22 0.22 0.22 0.31 0.19 0.12 0.18 0.15 0.21 0.10 0.11
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.13
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.31%
Enterprise Value to Invested Capital (EV/IC)		 0.00 1.74 1.55 1.97 1.94 1.89 3.86 3.80 5.30 1.63 1.52
Enterprise Value to Revenue (EV/Rev)		 0.22 0.50 0.49 0.59 0.49 0.51 0.44 0.45 0.50 0.39 0.35
Enterprise Value to EBITDA (EV/EBITDA)		 0.47 0.89 0.78 0.89 0.64 0.89 0.77 0.61 0.74 0.57 0.37
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 68.32 1.27
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 84.28 6.40
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.39 4.97 0.00 0.00 0.00 0.00 6.33 7.77 10.07 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 -3.10 -3.49 -2.99 -2.40 -2.44 -1.56 -1.54 -1.41 -7.92 -18.89
Long-Term Debt to Equity		 0.00 -3.07 -3.43 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -2.15 -6.44 -1.50 -1.39 -1.28 -2.69 -2.23 -2.09 -1.82 -3.42 -2.81
Leverage Ratio		 -2.62 -7.68 -1.71 -1.53 -1.29 -2.59 -2.47 -2.27 -1.80 -3.53 -3.46
Compound Leverage Factor		 -2.62 -7.68 -1.71 -1.53 -1.29 -2.59 -2.47 -2.27 -1.80 -3.53 -0.44
Debt to Total Capital		 0.00% 147.64% 140.22% 150.24% 171.22% 169.50% 278.13% 285.90% 341.00% 114.44% 105.59%
Short-Term Debt to Total Capital		 0.00% 1.54% 2.43% 150.24% 171.22% 169.50% 278.13% 285.90% 341.00% 114.44% 105.59%
Long-Term Debt to Total Capital		 0.00% 146.10% 137.80% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 39.62% 38.83%
Common Equity to Total Capital		 100.00% -47.64% -40.22% -50.24% -71.22% -69.50% -178.13% -185.90% -241.00% -54.06% -44.41%
Debt to EBITDA		 0.00 0.75 0.71 0.68 0.57 0.80 0.56 0.46 0.48 0.40 0.26
Net Debt to EBITDA		 0.00 0.50 0.43 0.41 0.39 0.68 0.46 0.41 0.42 0.29 0.16
Long-Term Debt to EBITDA		 0.00 0.74 0.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 -3.40 -5.16 -5.43 -4.50 -6.33 -3.74 -3.73 -4.22 59.06 4.45
Net Debt to NOPAT		 0.00 -2.27 -3.13 -3.31 -3.09 -5.41 -3.07 -3.33 -3.76 41.86 2.80
Long-Term Debt to NOPAT		 0.00 -3.36 -5.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -48.99% -50.10%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 128 36 -75 -82 -77 -15 35 31 29 17 -33
Operating Cash Flow to CapEx		 340.57% -4,594.31% 1,571.43% -297.63% -1,699.69% -4,404.79% 857.36% -2,561.39% 1,326.25% -5,785.91% 3,180.21%
Free Cash Flow to Firm to Interest Expense		 29.96 8.42 -16.64 -17.61 -16.12 0.00 6.87 5.79 4.88 0.00 0.00
Operating Cash Flow to Interest Expense		 0.19 -2.27 0.44 -0.13 -1.13 0.00 0.67 -1.24 0.68 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.14 -2.32 0.41 -0.18 -1.20 0.00 0.59 -1.29 0.63 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.65 1.76 2.04 2.10 2.36 2.56 2.61 2.50 2.91 2.96 3.21
Fixed Asset Turnover		 0.00 8.17 3.95 0.00 0.00 856.40 8.75 993.83 1,150.16 8.02 1,594.02
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 -15 59 68 66 57 67 29 29 24 70 72
Invested Capital Turnover		 3.77 2.48 7.00 8.20 10.75 3.94 5.23 5.21 6.41 4.31 6.13
Increase / (Decrease) in Invested Capital		 -131 -46 75 78 71 8.57 -39 -36 -32 3.12 43
Enterprise Value (EV)		 41 102 106 129 110 127 112 110 128 115 109
Market Capitalization		 41 44 47 69 43 30 46 36 55 30 34
Book Value per Share		 ($26.83) ($6.89) ($6.76) ($8.02) ($9.66) ($10.66) ($11.59) ($11.91) ($12.77) ($8.20) ($6.70)
Tangible Book Value per Share		 ($26.83) ($7.36) ($7.21) ($8.45) ($10.07) ($11.13) ($12.07) ($12.38) ($13.26) ($8.66) ($7.16)
Total Capital		 -108 59 68 66 57 67 29 29 24 70 72
Total Debt		 0.00 87 96 99 97 114 81 83 83 81 76
Total Long-Term Debt		 0.00 86 94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 0.00 58 58 60 67 98 66 74 74 57 48
Capital Expenditures (CapEx)		 0.24 0.21 0.13 0.21 0.32 0.65 0.40 0.26 0.30 0.22 0.38
Net Nonoperating Expense (NNE)		 1.23 4.47 0.17 2.11 2.70 2.89 1.73 2.39 1.45 0.00 4.34
Net Nonoperating Obligations (NNO)		 93 87 96 99 97 114 81 83 83 81 76
Total Depreciation and Amortization (D&A)		 32 57 40 42 62 25 47 50 50 51 59
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.71) ($3.58) ($0.13) ($1.61) ($2.05) ($2.20) ($1.23) ($1.63) ($0.94) $3.69 $0.07
Adjusted Weighted Average Basic Shares Outstanding		 4.13M 4.09M 4.24M 4.29M 4.34M 4.35M 4.62M 4.81M 5.28M 5.03M 5.46M
Adjusted Diluted Earnings per Share		 ($0.71) ($3.58) ($0.13) ($1.61) ($2.05) ($2.20) ($1.23) ($1.63) ($0.94) $3.69 $0.07
Adjusted Weighted Average Diluted Shares Outstanding		 4.13M 4.09M 4.24M 4.29M 4.34M 4.35M 4.62M 4.81M 5.28M 5.03M 5.46M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($3.58) $0.00 $0.00 $0.00 ($2.20) $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 4.07M 0.00 4.11M 4.17M 4.39M 4.46M 4.54M 4.57M 4.64M 4.77M 4.77M
Normalized Net Operating Profit after Tax (NOPAT)		 5.24 -39 8.60 3.93 5.24 -36 6.48 3.36 6.06 -38 6.98
Normalized NOPAT Margin		 10.32% -72.59% 14.13% 7.20% 9.38% -46.45% 9.70% 5.12% 8.90% -39.29% 8.84%
Pre Tax Income Margin		 -7.94% -27.06% -0.93% -12.52% -15.83% -12.37% -8.46% -11.87% -7.33% 20.83% 12.63%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -0.95 -3.40 -0.12 -1.46 -1.84 0.00 -1.10 -1.45 -0.85 0.00 0.00
NOPAT to Interest Expense		 -0.66 -2.38 -0.09 -1.02 -1.29 0.00 -0.77 -1.02 -0.59 0.00 0.00
EBIT Less CapEx to Interest Expense		 -1.00 -3.45 -0.15 -1.51 -1.91 0.00 -1.18 -1.50 -0.90 0.00 0.00
NOPAT Less CapEx to Interest Expense		 -0.72 -2.43 -0.12 -1.07 -1.36 0.00 -0.85 -1.06 -0.64 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Katapult’s latest quarter shows a sharp turnaround in profitability and cash generation, but the balance sheet remains highly leveraged and still carries negative equity. In Q1 2026, the company posted $79.0 million in revenue and $5.7 million in net income, reversing the losses seen in most of 2024 and 2025. Operating cash flow was also positive at $12.2 million. That said, total liabilities of $108.0 million still exceed total assets of $104.0 million, leaving shareholders’ equity at negative $31.9 million.

  • Q1 2026 returned to profitability with $5.7 million in consolidated net income, a major improvement from the $19.8 million profit in Q4 2025 but still a welcome rebound from earlier losses.
  • Revenue remained strong at $79.0 million, up from $68.2 million in Q3 2025 and below the Q4 2025 peak, but still showing a solid operating base.
  • Operating cash flow turned positive at $12.2 million in Q1 2026, compared with negative operating cash flow in Q4 2025 and Q2 2025.
  • Cash and equivalents increased to $28.1 million combined cash and restricted cash, versus $8.9 million in Q3 2025 and $9.0 million in Q2 2025.
  • Debt repayment continued, with $8.4 million of debt paid down in the quarter, which may help reduce financial risk over time.
  • Revenue growth is still driven heavily by non-interest income, while net interest income was flat at $0 in Q1 2026, so the business remains dependent on fee-like and other non-interest sources.
  • EPS improved to $0.07 in Q1 2026 from negative EPS in most of the prior year, but this was supported by a relatively small share count and may not reflect a durable earnings base yet.
  • Balance sheet size contracted, with total assets falling to $104.0 million from $85.9 million in Q3 2025 and $90.6 million in Q2 2025, suggesting the company is still shrinking parts of the asset base.
  • Katapult still has negative equity of $31.9 million, meaning liabilities exceed assets despite the recent improvement in earnings and cash flow.
  • Short-term debt remains very large at $75.9 million, and total liabilities of $108.0 million are still close to the asset base.
  • Interest expense and financing dependence remain issues; cash interest paid was $1.9 million in Q1 2026, and the company has historically relied on debt issuance and refinancing to manage liquidity.
  • Net income has been highly volatile over the last four years, swinging from quarterly losses in 2024 and much of 2025 to a profit in Q1 2026, which raises questions about consistency.

Overall: Katapult’s latest quarter looks materially better on the income statement and cash flow statement, which is encouraging for retail investors looking for a turnaround story. However, the company is not out of the woods yet. The negative equity position, heavy debt load, and reliance on non-interest income mean the recovery still looks fragile and highly dependent on sustained cash generation in coming quarters.

07/22/26 06:54 AM ETAI Generated. May Contain Errors.

Katapult Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Katapult's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Katapult's net income appears to be on an upward trend, with a most recent value of $1.37 million in 2025, falling from -$18.79 million in 2019. The previous period was -$25.92 million in 2024.

Over the last 6 years, Katapult's total revenue changed from $82.48 million in 2019 to $297.08 million in 2025, a change of 260.2%.

Katapult's total liabilities were at $118.04 million at the end of 2025, a 15.7% decrease from 2024, and a 429.9% increase since 2019.

In the past 6 years, Katapult's cash and equivalents has ranged from $1.58 million in 2019 to $92.49 million in 2021, and is currently $22.43 million as of their latest financial filing in 2025.

Over the last 6 years, Katapult's book value per share changed from 0.19 in 2019 to -8.20 in 2025, a change of -4,310.3%.


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Financial statements for NASDAQ:KPLTW last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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Market veteran Jim Woods has flagged triple-digit gains multiple times in under two months - 151% on Netflix, ...
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Forget SpaceX… this is the REAL #1 IPO of 2026
While SpaceX and OpenAI dominate IPO headlines, one private company is reportedly seeing the fastest revenue g...
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Man who Predicted Trump 2016 Win: “Prepare for Mid-Term Meltdown”
In 2016, major election models gave Hillary Clinton a 99% chance of winning - but former CIA and Pentagon advi...
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