secwatch.observer — SEC 8-K summary
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Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0001628280-26-016659
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Katapult Q4 2025 revenue $73.9M (+17%), net income $19.8M; pending Aaron's merger on track
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- Q4 gross originations $77.9M (+3.7% YoY); full year $278.5M (+17.3%). Excluding home furnishings, Q4 originations +14.2%.
- Q4 net income $19.8M vs loss $9.6M; adjusted EBITDA $5.4M vs loss $1.1M. Write-offs 9.6% of revenue.
- Full year net income $1.4M vs loss $25.9M; adjusted EBITDA $12.4M vs $4.8M. Revenue $291.8M (+18%).
- Pending merger with Aaron's/CCF expected to close Q2 2026; KPLT holders to own 6% of combined co.
- Company not providing outlook due to pending transaction; customers showed signs of stress in holiday season.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000162828026016659/0001628280-26-016659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000162828026016659/kplt-20260311.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-016659

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer