---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-029063"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:45:56.627692+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Katapult Q3 revenue drops 30% to $50.3M; net loss $8.2M, partners with Sears

## Summary
- Revenue $50.3M, down from $71.7M YoY; $5.4M decline due to ASC 842 adoption.
- Gross originations $44.1M, down 28% YoY; net loss $8.2M vs $4.5M loss prior year.
- Adjusted EBITDA -$2.3M vs +$0.1M; adjusted net loss $6.7M vs $4.5M loss.
- Exclusive partnership with Sears (Transform SR) covering 140+ stores and online.
- Launched Katapult Pay and mobile app; $2M originations, 2,000 leases since Sept.

## SEC filing metadata
- accession: 0001628280-22-029063
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000162828022029063/0001628280-22-029063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000162828022029063/kplt-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-029063
- JSON: https://secwatch.observer/filing/0001628280-22-029063.json
- Plain text: https://secwatch.observer/filing/0001628280-22-029063.txt

## Key facts
- Earnings Releases
  Katapult Holdings, Inc. reported the third quarter ended September 30, 2022 results: revenue $50.3 million, net income $8.2 million.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $50.3 million
  - Net income: $8.2 million
  - Result: reported results
  source text: today reported its financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial and Operational Highlights: • Recorded total revenue of $50.3 million in third quarter 2022 compared to $71.7 million in the prior year, a decrease of $21.4 million. $5.4 million of this decline was attributable to the Company’s adoption of ASC 842
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785424/000162828022029063/0001628280-22-029063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.