Katapult Holdings Inc./$KPLT
Katapult shares fall after Q3 results showed a $28 million net loss and a wider $44.5 million combined loss, while management warned that consumer weakness and lower lease-to-own ticket sizes would persist into Q4.
3 hours agoLightyear AI
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About Katapult Holdings Inc.
Katapult Holdings Inc. is a technology-driven lease-to-own platform that integrates with omni-channel retailers and e-commerce platforms to power the purchase of everyday durable goods for underserved U.S. non-prime consumers. It is an e-commerce-focused FinTech company offering a lease-purchase solution to consumers and enabling essential transactions at the merchant point of sale. Katapult is associated with hundreds of retailers across the United States.
- Ticker
- $KPLT
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 5,289
- Headquarters
- Atlanta, United States
- Website
- ir.katapultholdings.com
KPLT Metrics
BasicAdvanced
$949M
18.22
$0.61
1.68
-
Price and volume
Market cap
$949M
Beta
1.68
52-week high
$12.68
52-week low
$3.85
Average daily volume
335K
Financial strength
Current ratio
2.073
Quick ratio
2.064
Long term debt to equity
-15.985
Total debt to equity
-18.213
Dividend payout ratio (TTM)
84.89%
Interest coverage (TTM)
1.18%
Profitability
EBITDA (TTM)
256.845
Gross margin (TTM)
65.32%
Net profit margin (TTM)
3.39%
Operating margin (TTM)
11.32%
Effective tax rate (TTM)
-155.62%
Revenue per employee (TTM)
$330,000
Management effectiveness
Valuation
Price to earnings (TTM)
18.217
Price to revenue (TTM)
0.618
Price to book
-3.96
Price to tangible book (TTM)
-2.44
Price to free cash flow (TTM)
1.568
Free cash flow yield (TTM)
63.78%
Free cash flow per share (TTM)
7.131
Growth
10-year revenue growth (CAGR)
14.03%
10-year earnings per share growth (CAGR)
-13.41%
Bulls say / Bears say
On a combined basis, Q3 adjusted EBITDA rose 23% to $131.7 million and its margin widened by about 260 basis points to 13.1%. That suggests the enlarged group is already finding operating leverage. (GlobeNewswire)
Katapult has identified about $30 million in annualised cost synergies, with integration work already under way. Shared teams, systems and vendor contracts could improve earnings as those savings are delivered. (GlobeNewswire)
The merger brings lease-to-own, retail and consumer finance onto one platform, creating opportunities to cross-sell products and use customer data across channels. Management said cross-brand referrals had already generated 4,000 new lease agreements. (Investing.com, Katapult Holdings)
Katapult reported a $28 million Q3 net loss, with $64.9 million of net interest expense weighing on results. This shows how much the business’s financing costs can constrain earnings. (GlobeNewswire)
The combined company had $1.95 billion of debt and 3.5 times net leverage, spread across 18 credit facilities. It also needs to refinance a $110 million legacy Katapult revolver ahead of its December 2026 maturity. (Investing.com)
Consumer demand is showing strain: combined Q3 revenue fell 1% year on year, while lease-to-own and retail revenue fell 3%. Management cited lower average ticket sizes and more selective customer spending in its cautious Q4 outlook. (Investing.com, GlobeNewswire)
Data summarised monthly by Lightyear AI. Last updated on 12 Nov 2026.
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