MergerAug 4, 2026, 08:23 AM
Katapult Q2 Revenue $74.8M; Mergers with CCFI & Aaron's Expected Aug 2026
AI Summary
Katapult Holdings, Inc. reported its second-quarter 2026 financial results, showing an increase in total revenue to $74.8 million and a reduced net loss of $4.4 million compared to the prior year. For the first six months of 2026, the company achieved a net income of $1.3 million and positive operating cash flow. The company also reiterated that its pending mergers with CCFI and Aaron's are expected to close in August 2026, incurring $1.0 million in transaction-related costs during the quarter.
Key Highlights
- Mergers with CCFI and Aaron's are expected to close in August 2026, subject to customary closing conditions.
- Incurred $1.0 million in merger-related costs during Q2 2026 and $2.7 million for the six months ended June 30, 2026.
- Total revenue for Q2 2026 increased to $74.8 million from $71.9 million in Q2 2025.
- Reported a net loss of $4.4 million in Q2 2026, an improvement from a $7.8 million loss in Q2 2025.
- Achieved net income of $1.3 million for the six months ended June 30, 2026, compared to a $13.5 million net loss in the prior year period.
- Net cash provided by operating activities was $6.1 million for the six months ended June 30, 2026, a significant improvement from $(3.2) million used in the prior year.
Price Impact
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