---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-023374"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:24:31.430654+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Katapult Q1 revenue up 18% to $65.1M, net loss narrows sharply; reaffirms 10%+ FY growth

## Summary
- Q1 revenue $65.1M (+18.1% YoY); gross originations $55.6M (+1.6% YoY).
- Net loss improved to $0.6M from $10.5M YoY; adjusted EBITDA positive $5.6M vs -$1.0M.
- Katapult Pay originations grew >150% YoY; repeat purchase rate 56%, write-off rate improved to 8.4%.
- Reiterated FY 2024: at least 10% growth in gross originations and revenue; Q2 guided +3-5% originations, +8-10% revenue.
- Non-Wayfair originations up 9% YoY; launched Lowe's in Katapult marketplace (May 7).

## SEC filing metadata
- accession: 0001628280-24-023374
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2024-05-15T23:59:59+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/1785424/000162828024023374/0001628280-24-023374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000162828024023374/kplt-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-023374
- JSON: https://secwatch.observer/filing/0001628280-24-023374.json
- Plain text: https://secwatch.observer/filing/0001628280-24-023374.txt

## Key facts
- Earnings Releases
  Katapult Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $65.1 million, net income Net loss was $0.6 million. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $65.1 million
  - Net income: Net loss was $0.6 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Quarter 2024 Financial Highlights (All comparisons are year-over-year unless stated otherwise.) • Gross originations were $55.6 million, an increase of 1.6% • Total revenue was $65.1 million, an increase of 18.1% • Total operating expenses in the first quarter decreased 18.5%. Fixed cash operating expenses 2 decreased approximately 20.6% • Net loss was $0.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785424/000162828024023374/0001628280-24-023374-index.htm

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