secwatch.observer — SEC 8-K summary
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Issuer:     Katapult Holdings, Inc. (KPLT)
CIK:        0001785424
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-031645
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Katapult Q1 revenue up 10% to $79M; net income $5.7M; merger with Aaron's on track
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- Revenue $79.0M (+9.8% YoY); net income $5.7M vs loss of $5.7M YoY; Adjusted EBITDA $6.4M (+191% YoY).
- Gross originations $64.2M (flat YoY); ex-home furnishings +17.5%; write-offs at 9.2% of revenue.
- Pending merger with Aaron's and CCF Holdings expected to close Q3 2026; Katapult stockholders to own 6% of combined co.
- Fixed cash operating expenses down 10.8% YoY; cash from operations $12.2M vs $3.4M YoY.
- Adjusted net income $3.7M vs loss of $3.4M YoY; app marketplace gross originations up 3.1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785424/000162828026031645/0001628280-26-031645-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785424/000162828026031645/kplt-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-031645

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