Q3 2025 Katapult Holdings Inc Earnings Call Transcript

Nov 12, 2025 / 01:00 PM GMT

Transcript 10-Q8-K

Key Points

Positve

Katapult Holdings Inc (KPLT) received a $65 million capital investment from Hawthorne Horizon Credit Fund, which allowed the company to pay off its term loan and invest in growth opportunities.
The company reported a 76% growth in applications in the first three quarters of 2025, contributing to a 35% increase in unique new customers.
Katapult Holdings Inc (KPLT) achieved a 25.3% growth in gross originations and a 22.8% increase in revenue during the third quarter, both within their outlook range.
The company delivered $4.4 million in positive adjusted EBITDA, exceeding their projected range of $3 to $3.5 million.
Katapult Holdings Inc (KPLT) has experienced 12 consecutive quarters of gross origination growth and 10 consecutive quarters of revenue growth, demonstrating strong and consistent performance.

Negative

The company noted a slight downward trend in application quality over the last few months, impacting their ability to control credit quality.
Katapult Holdings Inc (KPLT) is facing macroeconomic challenges, including inflation and financial difficulties among non-prime US consumers, which could impact future performance.
The company experienced a 60 basis point increase in write-offs as a percentage of revenue compared to the previous year.
Despite strong growth, the company is taking a conservative approach to Q4 expectations due to uncertainties in the macroeconomic environment.
Katapult Holdings Inc (KPLT) is tempering its 2025 outlook for gross originations, revenue, and adjusted EBITDA due to recent macro trends and events.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

KPLT.OQ - Katapult Holdings Inc
Q3 2025 Katapult Holdings Inc Earnings Call
Nov 12, 2025 / 01:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you for standing by. At this time, I'd like to welcome everyone to Catapult Holdings' 3rd quarter 2025 earnings call. All lines have been placed on mute to prevent any background noise. I would now like to turn the call over to Jennifer Cole, Vice President, head of investor relations. You may begin.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Welcome to Catapult's.

--------------------------------------------------------------------------------
Unidentified_3 [3]
--------------------------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.