The earnings call highlighted strong growth in gross originations, revenue, and consumer engagement, with positive adjusted EBITDA and successful debt refinancing. However, the impact of lease depreciation on profit margins, challenges in specific categories, and an increased charge-off rate provided some areas of concern.

Company Guidance

During the second quarter of 2025, Katapult Holdings exceeded its financial expectations with gross originations growing by 30.4% year-over-year, surpassing the anticipated 25% to 30% growth range. Revenue increased by 22.1%, outpacing the projected 17% to 20% growth, and the company reported slightly over $300,000 in positive adjusted EBITDA, despite an initial expectation of breakeven. Total app originations rose by 56% to $43.1 million, with KPay originations, a subset of total app originations, experiencing an 81% year-over-year increase to $28.3 million. The Net Promoter Score (NPS) improved to 63, with 58.4% of gross originations coming from repeat customers. Additionally, Katapult saw a 40% growth in unique new customers, contributing to a 32% expansion of the overall customer base. For the third quarter, the company anticipates gross originations growth of 25% to 30% and revenue growth of 20% to 25%, with adjusted EBITDA estimated between $3 million and $3.5 million. Katapult also raised its full-year gross originations growth outlook to 20% to 25%, maintaining its revenue growth target of at least 20% and adjusted EBITDA of at least $10 million.

Strong Year-Over-Year Growth

Q2 gross originations grew 30.4% year-over-year, exceeding the outlook. Revenue increased by 22.1%, also surpassing expectations.

Positive Adjusted EBITDA

The company reported more than $300,000 in positive adjusted EBITDA, surpassing the breakeven expectation.

Increased Consumer Engagement

Total Katapult applications increased more than 91% year-over-year, marking the fourth consecutive quarter of accelerating growth.

Successful Debt Refinancing

The company completed a successful debt refinancing with Blue Owl Capital, increasing liquidity and reducing interest rates.

KPay Originations Growth

KPay originations grew by 81% year-over-year, representing 39% of total gross originations, up from 28%.

Expansion of Merchant Partnerships

Added approximately 48 new direct or waterfall merchants or merchant pathways to the ecosystem in Q2.

Katapult Holdings (KPLT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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KPLT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	-0.22 / -	-2.05	―	―	―
Aug 13, 2025	2025 (Q2)	-1.13 / -1.18	-1.61	26.96% (+0.43)
May 15, 2025	2025 (Q1)	-0.72 / -0.73	0.232	-413.36% (-0.96)
Mar 28, 2025	2024 (Q4)	-1.09 / -1.77	-1.466	-20.80% (-0.30)
Nov 06, 2024	2024 (Q3)	- / -2.05	-0.71	-188.73% (-1.34)
Aug 14, 2024	2024 (Q2)	- / -1.61	-1.57	-2.55% (-0.04)
May 15, 2024	2024 (Q1)	-1.32 / 0.23	-2.25	110.31% (+2.48)
Mar 14, 2024	2023 (Q4)	-1.79 / -1.47	-3.75	60.91% (+2.28)
Nov 08, 2023	2023 (Q3)	-1.79 / -0.71	-2	64.50% (+1.29)
Aug 09, 2023	2023 (Q2)	-2.25 / -1.57	-2.5	37.20% (+0.93)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

KPLT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$12.61	$12.79	+1.43%
May 15, 2025	$6.71	$7.65	+14.01%
Mar 28, 2025	$12.98	$11.90	-8.32%
Nov 06, 2024	$8.82	$7.46	-15.42%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Katapult Holdings (KPLT) report earnings?

Katapult Holdings (KPLT) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is Katapult Holdings (KPLT) earnings time?

Katapult Holdings (KPLT) earnings time is at Nov 05, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is KPLT EPS forecast?

KPLT EPS forecast for the fiscal quarter 2025 (Q3) is -0.22.

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