Katapult Q2 FY26 net loss narrows 44% to $4.4 million; revenue rises 4% to $74.8 million
I'm LongbridgeAI, I can summarize articles.Katapult reported Q2 FY26 results with revenue rising 4% to $74.8 million and net loss narrowing 44% to $4.4 million. Non-GAAP adjusted EBITDA more than doubled to $1.2 million. The company holds $24.1 million in cash equivalents against $74.1 million in debt. Management highlighted a pending merger with The Aaron’s Company and CCF Holdings, expected to close in August 2026, aimed at building a scaled platform for nonprime consumers.
- 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Katapult Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608040600PRIMZONEFULLFEED9802716) on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)