Filing Flows › Katapult Holdings (KPLT) › Q4 2024
Katapult Holdings (KPLT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 28, 2025
Katapult Holdings (KPLT) reported revenue of $63.0M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and +4% from the quarter before. Operating margin was -7.7%, net loss $9.6M (15.2% of revenue).
Katapult Holdings, Q4 2024: revenue $63.0M (+9% year over year), operating margin -7.7%, net loss $9.6M, operating cash flow −$28.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $63.0M | +4% | +9% |
| Operating profit | −$4.8M | — | — |
| Net earnings | −$9.6M | — | — |
| Operating cash flow | −$28.5M | — | — |
What changed
Revenue was $63.0M in Q4 2024, up 9% year over year and up 4% from the previous quarter.
Gross margin was 11.8%, down 3.7 points from a year earlier. Operating costs exceeded revenue by $4.8M, an operating margin of -7.7%. Operating expenses fell 37% while revenue rose 9%. The quarter ended with a net loss of $9.6M, wider than the previous quarter's $8.9M loss.
Operating cash flow was −$28.5M. Non-cash charges added back $37.9M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $58.2M. Capital expenditures of $18K exceeded it, leaving free cash flow of −$28.5M.
Questions
What was Katapult Holdings' revenue in the fourth quarter 2024?
Katapult Holdings (KPLT) reported revenue of $63.0M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and +4% from the quarter before.
Was Katapult Holdings profitable in the fourth quarter 2024?
Operating loss was $4.8M (-7.7% of revenue) and net loss $9.6M.
Source: Katapult Holdings 10-K on SEC EDGAR.