Katapult Q1 FY26 net income swings to $5.7 million; revenue rises 9.8% to $79 million

• Katapult Holdings posted Q1 revenue of USD 79 million, up 9.8% year over year, as adjusted EBITDA rose to USD 6.4 million from USD 2.2 million.
• Net income swung to USD 5.7 million, while operating income improved to USD 4.3 million from an operating loss in the prior-year quarter.
• Gross originations were USD 64.2 million, up 0.1%, while total lease applications fell 5%.
• Katapult app marketplace originations grew 3.1%, with 60.8% of originations starting in the app marketplace and 60.9% coming from repeat customers.
• Katapult kept its pending merger with The Aaron’s Company and CCF Holdings on track for an expected close in Q3 2026, with CEO Orlando Zayas saying early Q2 showed “a bit of acceleration.”

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Katapult Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605070600PRIMZONEFULLFEED9714577) on May 07, 2026, and is solely responsible for the information contained therein.