KPLT News & Events

Reports Q1 revenue $79.0M vs. $71.95M last year. "We remain focused on providing the innovative, transparent and reliable LTO platform that our customers want and deserve," said Orlando Zayas, CEO. "We believe our healthy Net Promoter Scores and repeat customer rates combined with increasing customer lifetime value, demonstrate the affinity consumers across the US have for Katapult. While our first quarter gross originations performance was impacted by macroeconomic headwinds, we posted our 14th consecutive quarter of growth and early in the second quarter, we are already seeing a bit of acceleration. Our revenue growth remained strong and this coupled with our continued focus on fiscal responsibility allowed us to deliver more than $6.4M in Adjusted EBITDA. As we continue to hit new operating milestones, we are looking forward to consummating our pending merger with Aaron's and CCF Holdings. We believe this combination will enhance our ability to meet the evolving needs of nonprime consumers by creating the scale and scope we need to unlock the value of our business model. We are very excited about the future."

Reports Q4 adjusted EBITDA $5.4M vs. ($1.1M) last year. "We made a lot of operating and financial progress during 2025 driven both by the strength of our product offering as well as our team's dedication to growth and success," said Orlando Zayas, CEO of Katapult. "During 2025 we achieved 17% gross originations growth, which was supported by a 45% increase in applications and a 25% increase in lease originations, illustrating the affinity our customers have for our lease-to-own, or LTO, offering and the value we bring to our merchant-partners. While gross originations growth was quite robust, we fell slightly short of our 20-23% growth objective. Our fourth quarter marked our thirteenth consecutive quarter of gross originations growth, but our customers began to show signs of stress and the holiday season was not as strong as we anticipated. We saw a notable slowdown of year-over-year growth in November compared with October and only a slight pick-up in December."

Katapult Holdings trading halted, volatility trading pause