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Katapult Holdings, Inc. (KPLTW) Stock Fundamental Analysis & AI Rating 2026

KPLTW Nasdaq Services-Equipment Rental & Leasing, NEC DE CIK: 0001785424
Recently Updated • Analysis: Apr 12, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
78% Confidence
AGREEMENT
STRONG SELL
90% Conf
SELL
65% Conf

📊 KPLTW Key Takeaways

Revenue: $291.8M
Net Margin: 0.5%
Free Cash Flow: $-12.0M
Current Ratio: 0.89x
Debt/Equity: N/A
EPS: $-0.11
AI Rating: STRONG SELL with 90% confidence
Katapult Holdings, Inc. (KPLTW) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $291.8M, net profit margin of 0.5%, Katapult Holdings, Inc. demonstrates mixed fundamentals in the Industrial sector. Below is our complete KPLTW stock analysis for 2026.

Is Katapult Holdings, Inc. (KPLTW) a Good Investment?

Claude

Katapult faces fundamental solvency crisis with negative stockholders' equity (-$38.1M) and negative operating cash flow (-$11.9M) despite 18% revenue growth, indicating the business model is not sustainably profitable. Critical liquidity stress (current ratio 0.89x) combined with inability to convert top-line growth into cash generation creates severe financial distress risk.

ChatGPT

Katapult shows solid top-line growth (+18% YoY) and is approaching operating breakeven with a modest return to positive net income. However, thin margins, negative operating cash flow and free cash flow, sub-1.0x liquidity, and negative stockholders' equity signal elevated solvency and funding risk. Sustained positive operating margins and conversion to positive FCF are needed before fundamentals look durable.

Why Buy Katapult Holdings, Inc. Stock? KPLTW Key Strengths

Claude
  • + Revenue growth of 18% YoY demonstrates market demand and top-line expansion
  • + Net income improved 345% YoY, showing operational improvement trajectory from prior year
  • + $22.4M cash balance provides near-term liquidity buffer
ChatGPT
  • + Double-digit revenue growth with improving profitability trajectory
  • + Near-breakeven operating income with minimal capex requirements
  • + Return to positive net income vs. prior year

KPLTW Stock Risks: Katapult Holdings, Inc. Investment Risks

Claude
  • ! Negative stockholders' equity (-$38.1M): balance sheet is technically insolvent with liabilities exceeding total assets
  • ! Negative operating cash flow (-$11.9M): core business cannot generate cash, indicating unsustainable unit economics
  • ! Current ratio 0.89x: liquidity crisis imminent with current liabilities exceeding current assets
  • ! Operating income negative (-$513K): company unprofitable on operating basis despite gross profit
  • ! Razor-thin net margin (0.5%): minimal profitability cushion leaves no room for operational disruption
ChatGPT
  • ! Negative stockholders' equity indicating solvency pressure
  • ! Weak liquidity (0.89x current ratio) and negative interest coverage
  • ! Negative operating cash flow and FCF

Key Metrics to Watch

Claude
  • * Operating cash flow trend - must achieve positive OCF to prove sustainability
  • * Stockholders' equity trajectory - path to positive equity critical for survival
  • * Debt covenant compliance and refinancing needs - solvency dependent on maintaining credit access
  • * Current ratio improvement - watch for further liquidity deterioration
ChatGPT
  • * Free Cash Flow (FCF)
  • * Operating Margin

Katapult Holdings, Inc. (KPLTW) Financial Metrics & Key Ratios

Revenue
$291.8M
Net Income
$1.4M
EPS (Diluted)
$-0.11
Free Cash Flow
$-12.0M
Total Assets
$107.9M
Cash Position
$22.4M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

KPLTW Profit Margin, ROE & Profitability Analysis

Gross Margin 17.7%
Operating Margin -0.2%
Net Margin 0.5%
ROE N/A
ROA 1.3%
FCF Margin -4.1%

KPLTW vs Industrial Sector: How Katapult Holdings, Inc. Compares

How Katapult Holdings, Inc. compares to Industrial sector averages

Net Margin
KPLTW 0.5%
vs
Sector Avg 10.0%
KPLTW Sector
ROE
KPLTW 0.0%
vs
Sector Avg 15.0%
KPLTW Sector
Current Ratio
KPLTW 0.9x
vs
Sector Avg 1.8x
KPLTW Sector
Debt/Equity
KPLTW 0.0x
vs
Sector Avg 0.7x
KPLTW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Katapult Holdings, Inc. Stock Overvalued? KPLTW Valuation Analysis 2026

Based on fundamental analysis, Katapult Holdings, Inc. has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
0.5%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Katapult Holdings, Inc. Balance Sheet: KPLTW Debt, Cash & Liquidity

Current Ratio
0.89x
Quick Ratio
0.89x
Debt/Equity
N/A
Debt/Assets
109.4%
Interest Coverage
-0.11x
Long-term Debt
N/A

KPLTW Revenue & Earnings Growth: 5-Year Financial Trend

KPLTW 5-year financial data: Year 2021: Revenue $303.1M, Net Income -$18.8M, EPS $-0.73. Year 2022: Revenue $303.1M, Net Income $21.2M, EPS $0.26. Year 2023: Revenue $221.6M, Net Income -$6.5M, EPS $-1.65. Year 2024: Revenue $247.2M, Net Income -$36.7M, EPS $-8.97. Year 2025: Revenue $291.8M, Net Income -$25.9M, EPS $-5.96.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Katapult Holdings, Inc.'s revenue has remained relatively flat over the 5-year period, with a 4% decline. The most recent EPS of $-5.96 indicates the company is currently unprofitable.

KPLTW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-4.1%
Free cash flow / Revenue

KPLTW Quarterly Earnings & Performance

Quarterly financial performance data for Katapult Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $60.3M -$4.9M $-0.94
Q2 2025 $58.9M -$6.9M $-1.61
Q1 2025 $65.1M -$570.0K $-0.13
Q3 2024 $54.8M -$4.1M $-0.98
Q2 2024 $54.1M -$6.9M $-1.61
Q1 2024 $55.1M -$570.0K $-0.13
Q3 2023 $50.3M -$2.9M $-0.71
Q2 2023 $53.0M -$6.4M $-1.57

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Katapult Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$11.9M
Cash generated from operations
Capital Expenditures
$34.0K
Investment in assets
Dividends
None
No dividend program

KPLTW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Katapult Holdings, Inc. (CIK: 0001785424)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 8-K dp245242_8k.htm View →
Mar 20, 2026 DEF 14A kplt-20260320.htm View →
Mar 11, 2026 10-K kplt-20251231.htm View →
Mar 11, 2026 8-K kplt-20260311.htm View →
Mar 6, 2026 4 xslF345X05/dp242975_4-medlin.xml View →

Frequently Asked Questions about KPLTW

What is the AI rating for KPLTW?

Katapult Holdings, Inc. (KPLTW) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are KPLTW's key strengths?

Claude: Revenue growth of 18% YoY demonstrates market demand and top-line expansion. Net income improved 345% YoY, showing operational improvement trajectory from prior year. ChatGPT: Double-digit revenue growth with improving profitability trajectory. Near-breakeven operating income with minimal capex requirements.

What are the risks of investing in KPLTW?

Claude: Negative stockholders' equity (-$38.1M): balance sheet is technically insolvent with liabilities exceeding total assets. Negative operating cash flow (-$11.9M): core business cannot generate cash, indicating unsustainable unit economics. ChatGPT: Negative stockholders' equity indicating solvency pressure. Weak liquidity (0.89x current ratio) and negative interest coverage.

What is KPLTW's revenue and growth?

Katapult Holdings, Inc. reported revenue of $291.8M.

Does KPLTW pay dividends?

Katapult Holdings, Inc. does not currently pay dividends.

Where can I find KPLTW SEC filings?

Official SEC filings for Katapult Holdings, Inc. (CIK: 0001785424) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is KPLTW's EPS?

Katapult Holdings, Inc. has a diluted EPS of $-0.11.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is KPLTW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Katapult Holdings, Inc. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is KPLTW stock overvalued or undervalued?

Valuation metrics for KPLTW: ROE of N/A (sector avg: 15%), net margin of 0.5% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy KPLTW stock in 2026?

Our dual AI analysis gives Katapult Holdings, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is KPLTW's free cash flow?

Katapult Holdings, Inc.'s operating cash flow is $-11.9M, with capital expenditures of $34.0K. FCF margin is -4.1%.

How does KPLTW compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 0.5% (avg: 10%), ROE N/A (avg: 15%), current ratio 0.89 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 12, 2026 | Data as of: 2025-12-31 | Powered by Claude AI