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Side-by-side financial comparison of Clarus Corp (CLAR) and Katapult Holdings, Inc. (KPLT). Click either name above to swap in a different company.
Katapult Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $65.4M, roughly 1.1× Clarus Corp). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs -47.8%, a 74.6% gap on every dollar of revenue. On growth, Katapult Holdings, Inc. posted the faster year-over-year revenue change (17.3% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $-12.0M). Over the past eight quarters, Katapult Holdings, Inc.'s revenue compounded faster (6.6% CAGR vs -2.9%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
Katapult Holdings, Inc. is a U.S.-based fintech company that provides accessible point-of-sale lease-to-purchase solutions for consumers with limited or no traditional credit history. It partners with a wide network of e-commerce platforms and brick-and-mortar retail merchants across segments including electronics, furniture and home goods to offer flexible payment plans for customers to obtain needed products.
CLAR vs KPLT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $65.4M | $73.9M |
| Net Profit | $-31.3M | $19.8M |
| Gross Margin | 27.7% | 15.6% |
| Operating Margin | -59.6% | -1.4% |
| Net Margin | -47.8% | 26.8% |
| Revenue YoY | -8.4% | 17.3% |
| Net Profit YoY | 52.3% | 307.3% |
| EPS (diluted) | $-0.81 | $3.69 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $65.4M | $73.9M | ||
| Q3 25 | $69.3M | $74.0M | ||
| Q2 25 | $55.2M | $71.9M | ||
| Q1 25 | $60.4M | $71.9M | ||
| Q4 24 | $71.4M | $63.0M | ||
| Q3 24 | $67.1M | $60.3M | ||
| Q2 24 | $56.5M | $58.9M | ||
| Q1 24 | $69.3M | $65.1M |
| Q4 25 | $-31.3M | $19.8M | ||
| Q3 25 | $-1.6M | $-4.9M | ||
| Q2 25 | $-8.4M | $-7.8M | ||
| Q1 25 | $-5.2M | $-5.7M | ||
| Q4 24 | $-65.5M | $-9.6M | ||
| Q3 24 | $-3.2M | $-8.9M | ||
| Q2 24 | $-5.5M | $-6.9M | ||
| Q1 24 | $21.9M | $-570.0K |
| Q4 25 | 27.7% | 15.6% | ||
| Q3 25 | 35.1% | 19.7% | ||
| Q2 25 | 35.6% | 15.5% | ||
| Q1 25 | 34.4% | 19.9% | ||
| Q4 24 | 33.4% | 11.8% | ||
| Q3 24 | 35.0% | 19.8% | ||
| Q2 24 | 36.1% | 16.9% | ||
| Q1 24 | 35.9% | 25.3% |
| Q4 25 | -59.6% | -1.4% | ||
| Q3 25 | -4.4% | 3.3% | ||
| Q2 25 | -19.7% | -2.0% | ||
| Q1 25 | -11.2% | -0.7% | ||
| Q4 24 | -70.2% | -7.7% | ||
| Q3 24 | -8.0% | -7.4% | ||
| Q2 24 | -14.4% | -4.5% | ||
| Q1 24 | -9.8% | 5.8% |
| Q4 25 | -47.8% | 26.8% | ||
| Q3 25 | -2.3% | -6.7% | ||
| Q2 25 | -15.3% | -10.9% | ||
| Q1 25 | -8.7% | -7.9% | ||
| Q4 24 | -91.8% | -15.2% | ||
| Q3 24 | -4.7% | -14.7% | ||
| Q2 24 | -9.7% | -11.7% | ||
| Q1 24 | 31.6% | -0.9% |
| Q4 25 | $-0.81 | $3.69 | ||
| Q3 25 | $-0.04 | $-0.94 | ||
| Q2 25 | $-0.22 | $-1.63 | ||
| Q1 25 | $-0.14 | $-1.23 | ||
| Q4 24 | $-1.72 | $-2.17 | ||
| Q3 24 | $-0.08 | $-2.05 | ||
| Q2 24 | $-0.14 | $-1.61 | ||
| Q1 24 | $0.57 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.7M | $22.4M |
| Total DebtLower is stronger | $0 | — |
| Stockholders' EquityBook value | $196.4M | $-38.1M |
| Total Assets | $249.0M | $107.9M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | $22.4M | ||
| Q3 25 | $29.5M | $3.4M | ||
| Q2 25 | $28.5M | $3.7M | ||
| Q1 25 | $41.3M | $6.0M | ||
| Q4 24 | $45.4M | $3.5M | ||
| Q3 24 | $36.4M | $25.9M | ||
| Q2 24 | $46.2M | $33.7M | ||
| Q1 24 | $47.5M | $31.2M |
| Q4 25 | $0 | — | ||
| Q3 25 | $2.0M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $1.9M | — | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $37.0K | — |
| Q4 25 | $196.4M | $-38.1M | ||
| Q3 25 | $225.8M | $-58.4M | ||
| Q2 25 | $225.1M | $-54.1M | ||
| Q1 25 | $229.3M | $-51.7M | ||
| Q4 24 | $233.1M | $-46.8M | ||
| Q3 24 | $308.5M | $-40.3M | ||
| Q2 24 | $307.3M | $-32.9M | ||
| Q1 24 | $310.4M | $-27.5M |
| Q4 25 | $249.0M | $107.9M | ||
| Q3 25 | $283.1M | $85.9M | ||
| Q2 25 | $286.5M | $90.6M | ||
| Q1 25 | $292.8M | $88.5M | ||
| Q4 24 | $294.1M | $93.2M | ||
| Q3 24 | $375.3M | $92.0M | ||
| Q2 24 | $369.4M | $106.6M | ||
| Q1 24 | $377.0M | $106.6M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.00× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.5M | $-11.9M |
| Free Cash FlowOCF − Capex | $11.6M | $-12.0M |
| FCF MarginFCF / Revenue | 17.7% | -16.2% |
| Capex IntensityCapex / Revenue | 1.4% | 0.0% |
| Cash ConversionOCF / Net Profit | — | -0.60× |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $-11.9M | ||
| Q3 25 | $-5.7M | $4.0M | ||
| Q2 25 | $-9.4M | $-6.6M | ||
| Q1 25 | $-2.1M | $3.4M | ||
| Q4 24 | $16.6M | $-32.6M | ||
| Q3 24 | $-8.3M | $-5.4M | ||
| Q2 24 | $834.0K | $-628.0K | ||
| Q1 24 | $-16.4M | $2.0M |
| Q4 25 | $11.6M | $-12.0M | ||
| Q3 25 | $-7.0M | $4.0M | ||
| Q2 25 | $-11.3M | — | ||
| Q1 25 | $-3.3M | $3.4M | ||
| Q4 24 | $14.4M | $-32.6M | ||
| Q3 24 | $-9.4M | $-5.4M | ||
| Q2 24 | $-744.0K | $-653.0K | ||
| Q1 24 | $-18.3M | — |
| Q4 25 | 17.7% | -16.2% | ||
| Q3 25 | -10.0% | 5.4% | ||
| Q2 25 | -20.4% | — | ||
| Q1 25 | -5.4% | 4.7% | ||
| Q4 24 | 20.1% | -51.8% | ||
| Q3 24 | -14.0% | -9.0% | ||
| Q2 24 | -1.3% | -1.1% | ||
| Q1 24 | -26.3% | — |
| Q4 25 | 1.4% | 0.0% | ||
| Q3 25 | 1.8% | 0.0% | ||
| Q2 25 | 3.4% | 0.0% | ||
| Q1 25 | 2.0% | 0.0% | ||
| Q4 24 | 3.1% | 0.1% | ||
| Q3 24 | 1.6% | 0.0% | ||
| Q2 24 | 2.8% | 0.0% | ||
| Q1 24 | 2.7% | 0.0% |
| Q4 25 | — | -0.60× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.75× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
KPLT
Segment breakdown not available.
