Filing Flows › Katapult Holdings (KPLT) › Q2 2025
Katapult Holdings (KPLT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Katapult Holdings (KPLT) reported revenue of $71.9M for the second quarter 2025 (Q2 2025), +22% from a year earlier and -0.1% from the quarter before. Operating margin was -2.0%, net loss $7.8M (10.9% of revenue).
Katapult Holdings, Q2 2025: revenue $71.9M (+22% year over year), operating margin -2.0%, net loss $7.8M, operating cash flow −$6.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.9M | -0.1% | +22% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$7.8M | — | — |
| Operating cash flow | −$6.6M | -293% | — |
What changed
Revenue was $71.9M in Q2 2025, up 22% year over year and roughly flat from the previous quarter.
Gross margin was 15.5%, down 1.3 points from a year earlier. Operating costs exceeded revenue by $1.4M, an operating margin of -2.0%. Operating expenses grew 0% against revenue growth of 22%. The quarter ended with a net loss of $7.8M, wider than the previous quarter's $5.7M loss. Net interest and other expense of $6.4M was the main reason.
Operating cash flow was −$6.6M. Non-cash charges added back $41.8M of depreciation and amortization and $864K of share-based compensation. Working capital and other items used $41.5M.
Questions
What was Katapult Holdings' revenue in the second quarter 2025?
Katapult Holdings (KPLT) reported revenue of $71.9M for the second quarter 2025 (Q2 2025), +22% from a year earlier and -0.1% from the quarter before.
Was Katapult Holdings profitable in the second quarter 2025?
Operating loss was $1.4M (-2.0% of revenue) and net loss $7.8M.
Source: Katapult Holdings 10-Q on SEC EDGAR.