Katapult Holdings, Inc.

For the period ended Dec 31, 2025. Filed Mar 11, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 11, 2026

KPLT$11.52-1.9%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Income (Loss)

(amounts in thousands, except per share data)

	Year Ended December 31,
	2025	2024
Revenue
Rental revenue	$287,161	$243,978
Other revenue	4,600	3,216
Total revenue	291,761	247,194
Cost of revenue	240,158	201,423
Gross profit	51,603	45,771
Operating expenses:
Servicing costs	4,710	4,589
Underwriting fees	3,204	2,304
Professional and consulting fees	8,167	5,201
Technology and data analytics	6,113	7,170
Compensation costs	17,867	20,076
General and administrative	11,242	10,866
Litigation and settlement expenses	813	3,666
Total operating expenses	52,116	53,872
Loss from operations	(513)	(8,101)
Gain on extinguishment of term loan and settlement of derivative liability, net	5,120	—
Interest expense and other fees	(20,552)	(18,851)
Interest income	197	1,163
Change in fair value of derivative liability and warrants	17,432	17
Income (loss) before income taxes	1,684	(25,772)
Provision for income taxes	(319)	(143)
Net income (loss)	$1,365	$(25,915)
Accumulated undeclared dividends on Series A and B Preferred Stock	(1,922)	—
Net loss attributable to common stockholders	$(557)	$(25,915)
Weighted average common shares outstanding - basic and diluted	5,027	4,347
Net loss per common share attributable to common stockholders - basic and diluted	$(0.11)	$(5.96)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.