Katapult Reports Second Quarter Results

About this update from Katapult Holdings, Inc.

Gross Originations Increase 5%, 15th Consecutive Quarter of GrowthRevenue Grows 4% ; Adjusted EBITDA Increases Nearly 280% Pending Merger Transaction with The Aaron's Company and CCF Holdings LLC Expected to Create a Scaled Financial Solutions Platform for Nonprime Consumers   PLANO, Texas, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. ("Katapult" or the "Company") (NASDAQ: KPLT), an e-commerce-focused financial technology company, today reported its financial results for the second quarter ended June 30, 2026. "This quarter we achieved our 15th consecutive quarter of gross originations growth, which reflects both the demand for our lease-to-own product and the dedication of our team," said Orlando Zayas, CEO of Katapult. "Our consistently high Net Promoter Scores and repeat customer rates demonstrate the trusted relationships we've built with consumers and merchant-partners alike, and I'm incredibly proud of what our team has accomplished. As we approach the completion of our transaction with Aaron's and CCF Holdings, we remain confident that this combination will deliver meaningful benefits for all of our stakeholders. Together, we are creating a scaled, omnichannel platform with a comprehensive suite of financial solutions that will enable us to serve even more nonprime consumers, and I couldn't be more excited about the road ahead." Second Quarter 2026 Financial Highlights (All comparisons are year-over-year unless stated otherwise.) [1] Please refer to the "Reconciliation of Non-GAAP Measure and Certain Other Data" section and the GAAP to non-GAAP reconciliation tables below for more information. Pending Mergers with The Aaron's Company and CCF Holdings LLC On December 11, 2025, we entered into an agreement (the "Merger Agreement") to merge with Aaron's Intermediate Holdco, Inc. ("Aaron's") and CCF Holdings LLC ("CCF Holdings"). We expect this transaction to close in August 2026, subject to requisite stockholder approval and the satisfaction of other customary closing conditions. Additional information regarding the Merger Agreement and the transaction is included in the notes to our condensed consolidated financial statements in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 that we filed with the Securities and Exchange Commission. In light of the pending mergers with Aaron's and CCF Holdings, Katap...

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