---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-051329"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:24:38.737908+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-051329
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000162828025051329/0001628280-25-051329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000162828025051329/kplt-20251112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-051329
- JSON: https://secwatch.observer/filing/0001628280-25-051329.json
- Plain text: https://secwatch.observer/filing/0001628280-25-051329.txt

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