Katapult Holdings AI Stock Analysis
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Katapult Holdings (KPLT) AI Stock Analysis
Katapult Holdings
(NASDAQ:KPLT)
The overall score of 62 reflects a company in transition with significant potential upside but also notable risks. The primary positive driver is the recent transformative merger, which dramatically scales the business and is expected to create value. This is supported by bullish technical momentum and an attractive P/E ratio. However, these strengths are counterbalanced by a weak financial foundation, specifically a negative equity balance, high debt, and negative cash flow, which present ongoing solvency risks. The recent credit facility extensions help manage near-term liquidity but do not resolve the underlying balance sheet issues.
Katapult Holdings (KPLT) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $948.61M
- Dividend Yield
- ―
- Average Volume (3M)
- 279.89K
- Price to Earnings (P/E)
- 7.5
- Beta (1Y)
- 0.60
- Revenue Growth
- 12.96%
- EPS Growth
- ―
- Country
- US
- Employees
- 5,289
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Infrastructure
Katapult Holdings Business Overview & Revenue Model
Company Description
Katapult Holdings, Inc. is a technology-enabled omnichannel platform serving nonprime consumers in North America. Through its Aaron’s, Community Choice Financial (CCFI) and Katapult brands, it provides lease-to-own solutions and alternative consumer...
Katapult Holdings Earnings Call Summary
Katapult Holdings demonstrated robust growth in applications, customers, revenue, and EBITDA, supported by a significant capital investment and expanded KPay originations. However, challenges in application quality, specific market categories, and macroeconomic uncertainties present headwinds, leading to a conservative Q4 outlook.
Q3-2025 Updates
Positive Updates
Negative Updates
Company Guidance
In the third quarter of 2025, Katapult Holdings provided detailed financial guidance and performance metrics during their earnings call. The company reported a $65 million capital investment from Hawthorn Horizon Credit Fund, which enabled them to pay off their term loan and invest in growth opportunities. Katapult saw a 76% increase in applications through the first three quarters of 2025, leading to a 35% growth in unique new customers year-over-year, with a 47% increase in the third quarter alone. Their total customer base grew by over 30%, and monthly active users rose by nearly 49% compared to the same period in 2024. The company's gross originations increased by 25.3%, with total app originations growing by 44% to $39.3 million. Katapult's revenue for Q3 grew by 22.8%, and they achieved $4.4 million in positive adjusted EBITDA, surpassing their forecasted range. Their Net Promoter Score (NPS) rose to 64, and 55.3% of gross originations came from repeat customers, whose lifetime value increased by about 5%. Looking forward, Katapult expects gross originations to grow between 15% and 20% in Q4 2025, with revenue growth projected at 21% to 23% and approximately $2 million in adjusted EBITDA. For the full year 2025, they anticipate gross originations to grow 20% to 23%, revenue to increase 18% to 20%, and adjusted EBITDA to be between $8 million and $9 million, representing significant year-over-year growth.
Katapult Holdings Financial Statement Overview
Summary
Financial performance is mixed. The income statement shows a strong recovery with 18% revenue growth and a return to profitability (TTM net income of $16.2M). However, the balance sheet is a major concern with negative stockholders' equity of -$36M and a high debt-to-asset ratio of 73%. Cash flow, while improving, remains negative at -$2.6M, indicating earnings are not yet converting to cash. The overall financial health is improving but carries significant solvency risk.
Income Statement
68PositiveBalance Sheet
25NegativeCash Flow
45Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 301.71M | 291.76M | 247.19M | 221.59M | 209.50M | 303.11M |
| Gross Profit | 55.79M | 51.60M | 45.77M | 41.71M | 37.41M | 88.99M |
| EBITDA | 252.53M | 186.55M | 161.48M | 137.12M | 95.94M | 182.22M |
| Net Income | 16.19M | 1.36M | -25.91M | -36.67M | -40.47M | 21.21M |
Balance Sheet | ||||||
| Total Assets | 101.99M | 107.87M | 93.17M | 100.86M | 130.05M | 166.16M |
| Cash, Cash Equivalents and Short-Term Investments | 18.05M | 22.43M | 3.46M | 21.41M | 65.43M | 92.49M |
| Total Debt | 74.48M | 81.63M | 115.70M | 90.34M | 106.52M | 104.60M |
| Total Liabilities | 110.12M | 145.95M | 139.97M | 128.85M | 132.12M | 125.36M |
| Stockholders Equity | -36.03M | -38.08M | -46.79M | -27.99M | -2.07M | 40.80M |
Cash Flow | ||||||
| Free Cash Flow | -3.52M | -11.97M | -32.62M | -18.39M | -22.35M | 730.00K |
| Operating Cash Flow | -2.60M | -11.93M | -32.57M | -17.41M | -20.85M | 2.17M |
| Investing Cash Flow | -1.20M | -1.10M | -1.30M | -974.00K | -1.50M | -1.44M |
| Financing Cash Flow | 18.90M | 19.97M | 21.61M | -22.64M | -4.24M | 26.10M |
Katapult Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KPLT, the sentiment is Positive. The current price of 11.18 is above the 20-day moving average (MA) of 9.29, above the 50-day MA of 7.68, and above the 200-day MA of 6.90, indicating a bullish trend. The MACD of 1.30 indicates Negative momentum. The RSI at 62.92 is Neutral, neither overbought nor oversold. The STOCH value of 70.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KPLT.
Katapult Holdings Risk Analysis
Katapult Holdings disclosed 114 risk factors in its most recent earnings report. Katapult Holdings reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksKatapult Holdings Peers Comparison
Overall Rating
JG63Neutral- KPLT62Neutral
XBP57Neutral
SOS41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JG | 63Neutral | $34.52M | 39.96 | 9.31% | ― | 14.88% | ― |
| KPLT | 62Neutral | $977.46M | 7.50 | -39.38% | ― | 12.96% | ― |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| XBP | 57Neutral | $39.50M | 0.03 | 1328.38% | ― | 441.85% | ― |
| SOS | 41Neutral | $6.87M | -0.03 | -28.73% | ― | -56.42% | -36185.93% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| KPLT | Katapult Holdings, Inc. | 11.18 | 4.98 | 80.32% | |
| SOS | Sos Limited | 0.18 | -1.35 | -88.17% | |
| JG | Aurora Mobile | 5.88 | -0.63 | -9.68% | |
| XBP | Xbp Europe Holdings Inc. | 2.92 | -3.18 | -52.13% |
Katapult Holdings Corporate Events
Katapult Holdings Extends Revolving Credit Facility Draw Period
PositiveOn September 30, 2026, CCF OpCo LLC, a wholly owned subsidiary of Katapult Holdings, entered into a Seventh Amendment to its Second Amended and Restated Revolving Credit Agreement with its lender group. The amendment extends the scheduled draw period...
Katapult Extends Revolving Credit Draw Period for Liquidity
PositiveOn August 28, 2026, Katapult Holdings’ wholly owned subsidiary CCF OpCo LLC amended its existing Second Amended and Restated Revolving Credit Agreement with a group of lenders and The Huntington National Bank as administrative agent. The Sixth Amendm...
Katapult Holdings Completes Transformative All-Stock Merger Transaction
PositiveOn August 11, 2026, Katapult Holdings completed an all-stock business combination with The Aaron’s Company and CCF Holdings, creating a scaled financial solutions platform for nonprime consumers that will retain the Aaron’s, CCFI and Katapult brands...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 31, 2026