Quarterly ResultAug 4, 2026, 07:09 AM
Katapult Q2 Revenue +4% to $74.8M; Aaron's Merger Expected August
AI Summary
Katapult Holdings, Inc. reported its second quarter 2026 financial results, with total revenue increasing 4.0% to $74.8 million and gross originations up 4.7% to $75.5 million. The company achieved a significant improvement in Adjusted EBITDA, which rose nearly 280% to $1.2 million, and net loss improved by 44.0% to $(4.4) million. Katapult also confirmed that its pending merger transaction with The Aaron’s Company and CCF Holdings LLC is expected to close in August 2026, aiming to create a scaled financial solutions platform for nonprime consumers.
Key Highlights
- Pending merger with Aaron's and CCF Holdings expected to close in August 2026.
- Q2 2026 Gross Originations increased 4.7% to $75.5 million.
- Total Revenue grew 4.0% to $74.8 million.
- Adjusted EBITDA for Q2 2026 increased nearly 280% to $1.2 million.
- Net loss improved 44.0% to $(4.4) million.
- Cash and cash equivalents were $24.1 million at quarter-end.
- Write-offs as a percentage of revenue were 9.7%.
Price Impact
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