Katapult Holdings reported a significant expansion in its quarterly net loss to $(27,994) thousand for the period ended September 30, 2026, compared to $(329) thousand in the prior year. While revenues climbed to $753,894 thousand following the August 11, 2026, mergers with CCFI and Aaron's, the company faced increased pressure from net interest expenses of $64,902 thousand and elevated debt levels reaching $1,950,864 thousand.
The company filed an 8-K reporting Q3 2026 results showing revenue jumped to $753,894 thousand from $443,296 thousand a year earlier after the mergers with CCFI and Aaron's closed on August 11, 2026, but the quarterly net loss widened to $(27,994) thousand from $(329) thousand, with diluted EPS of $(0.38) versus $(0.01). Debt, net rose to $1,950,864 thousand from $1,024,687 thousand at year-end 2025, and net interest expense climbed to $64,902 thousand from $44,450 thousand, pressuring profitability despite higher Adjusted EBITDA of $110,415 thousand. The larger scale is positive, but the wide
- ▼ Q3 2026 net loss of $(27,994) thousand versus $(329) thousand in Q3 2025
- ▼ Debt, net of $1,950,864 thousand at September 30, 2026 versus $1,024,687 thousand at December 31, 2025
- ▲ Adjusted EBITDA of $110,415 thousand with a 14.6% margin roughly tracks the prior-year 16.9% margin, limiting the downside case
- ▲ Net income of $51,304 thousand for the nine months ended September 30, 2026, up from $45,930 thousand a year earlier