Filing Flows › Katapult Holdings (KPLT) › Q1 2026 › vs Q4 2025
Katapult Holdings (KPLT) Q1 2026 vs Q4 2025 (quarter over quarter)
Katapult Holdings's revenue rose $5.1M (+7%) from $73.9M in Q4 2025 to $79.0M in Q1 2026. Gross margin 23.0% against 15.6% (+7.4 pts).
Katapult Holdings, Q1 2026: revenue $79.0M (+10% year over year), operating margin 5.5%, net earnings $5.7M, operating cash flow $12.2M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Gross margin | 23.0% | 15.6% | +7.4 pts |
| Operating margin | 5.5% | -1.4% | +6.9 pts |
| Net margin | 7.2% | 26.8% | -19.7 pts |
| Free cash flow margin | 15.4% | -17.2% | +32.7 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $79.0M | $73.9M | $5.1M | +7% |
| Gross profit | $18.2M | $11.5M | $6.7M | +58% |
| Cost of revenue | $60.8M | $62.4M | −$1.5M | -2% |
| Other income, net | $1.3M | $21.1M | −$19.8M | -94% |
| Operating profit | $4.3M | −$1.0M | $5.4M | — |
| Operating expenses | $13.9M | $12.6M | $1.3M | +10% |
| Pre-tax earnings | $5.6M | $20.1M | −$14.5M | -72% |
| Income tax benefit | $44K | −$279K | $323K | — |
| Net earnings | $5.7M | $19.8M | −$14.2M | -71% |
| Operating cash sources | $46.9M | $62.7M | −$15.8M | -25% |
| Depreciation & amortization | $40.7M | $41.9M | −$1.2M | -3% |
| Share-based compensation | $546K | $962K | −$416K | -43% |
| Working capital & other | $34.7M | $75.4M | −$40.7M | -54% |
| Operating cash flow | $12.2M | −$12.7M | $24.9M | — |
| Free cash flow (OCF − capex) | $12.2M | −$12.7M | $24.9M | — |
| Capital expenditures | $8K | $6K | $2K | +33% |
Questions
How much did Katapult Holdings's revenue grow quarter over quarter in Q1 2026?
Katapult Holdings's revenue rose $5.1M (+7%) from $73.9M in Q4 2025 to $79.0M in Q1 2026. Gross margin 23.0% against 15.6% (+7.4 pts).