---
title: "KATAPULT HLDGS INC C/WTS 09/06/2026 (TO PUR COM) | 8-K: FY2025 Q2 Revenue: USD 71.89 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252842767.md"
datetime: "2025-08-13T11:07:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252842767.md)
  - [en](https://longbridge.com/en/news/252842767.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252842767.md)
---

# KATAPULT HLDGS INC C/WTS 09/06/2026 (TO PUR COM) | 8-K: FY2025 Q2 Revenue: USD 71.89 M

Revenue: As of FY2025 Q2, the actual value is USD 71.89 M.

EPS: As of FY2025 Q2, the actual value is USD -1.63.

EBIT: As of FY2025 Q2, the actual value is USD -1.41 M.

### Segment Revenue

-   **Gross Originations**: $72.1 million, an increase of 30.4% year-over-year. Excluding the home furnishings and mattress category, gross originations grew 62% year-over-year.
-   **Total Revenue**: $71.9 million, an increase of 22.1% year-over-year.

### Operational Metrics

-   **Net Loss**: $7.8 million for the second quarter of 2025, compared with a net loss of $6.9 million for the second quarter of 2024. The higher net loss was mainly driven by $1.0 million of one-time expenses related to the extinguishment of debt in connection with debt refinancing.
-   **Adjusted Net Loss**: $5.7 million for the second quarter of 2025, compared with an adjusted net loss of $5.4 million for the second quarter of 2024.
-   **Adjusted EBITDA**: $0.3 million for the second quarter of 2025, an improvement compared with an adjusted EBITDA loss of $0.4 million in the second quarter of 2024.
-   **Operating Expenses**: Total operating expenses were flat year-over-year. Fixed cash operating expenses increased slightly by 0.6% year-over-year.
-   **Gross Profit**: $11.2 million, compared to $9.9 million in the second quarter of 2024.
-   **Write-offs as a Percentage of Revenue**: 9.8% in the second quarter of 2025, compared to 9.3% in the second quarter of 2024.

### Cash Flow

-   **Total Cash and Cash Equivalents**: $9.0 million, which includes $5.3 million of restricted cash.
-   **Outstanding Debt**: $80.6 million on its revolving credit facility.

### Unique Metrics

-   **KPay Gross Originations**: Grew approximately 81% year-over-year in the second quarter; 39% of total gross originations were transacted using KPay.
-   **Customer Base**: Grew unique new customer base by approximately 40% year-over-year while sustaining a high repeat customer rate and NPS score.

### Outlook / Guidance

-   **Third Quarter 2025**: Katapult expects a 25% to 30% year-over-year increase in gross originations, a 20% to 25% year-over-year increase in revenue, and between $3 million and $3.5 million of Adjusted EBITDA.
-   **Full Year 2025**: Katapult is raising its expectations for full year 2025 gross originations performance to grow between 20% and 25%, and continues to expect revenue growth of at least 20% and at least $10 million in positive Adjusted EBITDA.

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