Katapult reports Q3 2025 gross originations up 25.3%, revenue up 22.8%, and announces $65M investment from Hawthorn

Katapult Holdings, Inc.

2025-Q3 EPS reported -$3.77 revenue$217,876,000

Gross originations reached $64.2 million in Q3 2025, a 25.3% increase year-over-year.
Net loss improved to $4.9 million from $8.9 million, while adjusted EBITDA rose to $4.4 million.
Hawthorn Horizon Credit Fund invested $65 million in convertible preferred stock at ~$11.89 per share.
Company expects Q4 2025 gross origination growth of 15%-20% and full year adjusted EBITDA of $8-$9 million.
Two new directors appointed to board; Brian Hirsch, Chris Masto, Jane Thompson stepped down.

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