Katapult Q2 FY26 net loss narrows 44% to $4.4 million; revenue rises 4% to $74.8 million
KPLT•Katapult reports higher revenue and narrower net loss
- Katapult Q2 revenue rose 4% to USD 74.8 million; gross originations increased 4.7% to USD 75.5 million.
- Net loss narrowed 44% to USD 4.4 million; operating loss widened to USD 1.9 million.
- Non-GAAP adjusted EBITDA more than doubled to USD 1.2 million; non-GAAP adjusted net loss improved to USD 3 million.
- Cash and cash equivalents totaled USD 24.1 million, including USD 6 million restricted cash; revolving credit facility debt was USD 74.1 million.
- Management flagged a pending merger with The Aaron’s Company and CCF Holdings, expected to close in August 2026, to build a scaled platform for nonprime consumers.
