---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-017395"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:30:29.089304+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Katapult Q1 gross originations +17.3% YoY to $54.7M; first positive adjusted EBITDA since Q3 2021

## Summary
- Total revenue $55.7M (-7% YoY); net loss $9.1M, adjusted net loss $7.2M.
- Adjusted EBITDA positive $0.6M vs -$4.2M in prior year period.
- Repaid $25M of term loan; ended quarter with $44.9M cash.
- Q2 guidance: gross originations +15-17% YoY; revenue roughly flat; improved Adj. EBITDA.
- Repeat customers accounted for 47% of gross originations; writeoffs 8.4% of revenue.

## SEC filing metadata
- accession: 0001628280-23-017395
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000162828023017395/0001628280-23-017395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000162828023017395/kplt-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-017395
- JSON: https://secwatch.observer/filing/0001628280-23-017395.json
- Plain text: https://secwatch.observer/filing/0001628280-23-017395.txt

## Key facts
- Earnings Releases
  Katapult Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $55.7 million, net income $9.1 million. Guidance initiated.
  - Period: first quarter ended March 31, 2023
  - Revenue: $55.7 million
  - Net income: $9.1 million
  - Guidance: initiated
  - Result: reported results
  source text: million, increased 17.3% from the first quarter of 2022 ◦ Approximately 47% of gross originations for the first quarter of 2023 came from repeat customers 1 • Total revenue of $55.7 million, decreased 7.0% year-over-year, but reflects sequential improvement due to strong collection efforts and underwriting performance • Net loss was $9.1 million for the first
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785424/000162828023017395/0001628280-23-017395-index.htm

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