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Side-by-side financial comparison of FULL HOUSE RESORTS INC (FLL) and Katapult Holdings, Inc. (KPLT). Click either name above to swap in a different company.

FULL HOUSE RESORTS INC is the larger business by last-quarter revenue ($75.4M vs $73.9M, roughly 1.0× Katapult Holdings, Inc.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs -16.4%, a 43.3% gap on every dollar of revenue. On growth, Katapult Holdings, Inc. posted the faster year-over-year revenue change (17.3% vs 3.4%). FULL HOUSE RESORTS INC produced more free cash flow last quarter ($10.7M vs $-12.0M). Over the past eight quarters, Katapult Holdings, Inc.'s revenue compounded faster (6.6% CAGR vs 3.9%).

Full House Resorts, Inc. is an American casino developer and operator based in Summerlin South, Nevada. The company currently operates five casinos. It is known for the involvement of Gulfstream Aerospace founder Allen Paulson, who was CEO from 1994 to 2000, and former Chrysler chairman Lee Iacocca, who was a major investor in the company from 1995 to 2013. Dan Lee has been CEO since late 2014.

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.

FLL vs KPLT — Head-to-Head

Bigger by revenue
FLL
FLL
1.0× larger
FLL
$75.4M
$73.9M
KPLT
Growing faster (revenue YoY)
KPLT
KPLT
+14.0% gap
KPLT
17.3%
3.4%
FLL
Higher net margin
KPLT
KPLT
43.3% more per $
KPLT
26.8%
-16.4%
FLL
More free cash flow
FLL
FLL
$22.6M more FCF
FLL
$10.7M
$-12.0M
KPLT
Faster 2-yr revenue CAGR
KPLT
KPLT
Annualised
KPLT
6.6%
3.9%
FLL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FLL
FLL
KPLT
KPLT
Revenue
$75.4M
$73.9M
Net Profit
$-12.4M
$19.8M
Gross Margin
93.1%
15.6%
Operating Margin
-1.3%
-1.4%
Net Margin
-16.4%
26.8%
Revenue YoY
3.4%
17.3%
Net Profit YoY
-0.6%
307.3%
EPS (diluted)
$-0.35
$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.

Revenue
FLL
FLL
KPLT
KPLT
Q4 25
$75.4M
$73.9M
Q3 25
$78.0M
$74.0M
Q2 25
$73.9M
$71.9M
Q1 25
$75.1M
$71.9M
Q4 24
$73.0M
$63.0M
Q3 24
$75.7M
$60.3M
Q2 24
$73.5M
$58.9M
Q1 24
$69.9M
$65.1M
Net Profit
FLL
FLL
KPLT
KPLT
Q4 25
$-12.4M
$19.8M
Q3 25
$-7.7M
$-4.9M
Q2 25
$-10.4M
$-7.8M
Q1 25
$-9.8M
$-5.7M
Q4 24
$-12.3M
$-9.6M
Q3 24
$-8.5M
$-8.9M
Q2 24
$-8.6M
$-6.9M
Q1 24
$-11.3M
$-570.0K
Gross Margin
FLL
FLL
KPLT
KPLT
Q4 25
93.1%
15.6%
Q3 25
93.2%
19.7%
Q2 25
93.5%
15.5%
Q1 25
93.4%
19.9%
Q4 24
92.1%
11.8%
Q3 24
92.2%
19.8%
Q2 24
92.4%
16.9%
Q1 24
92.3%
25.3%
Operating Margin
FLL
FLL
KPLT
KPLT
Q4 25
-1.3%
-1.4%
Q3 25
4.4%
3.3%
Q2 25
-0.1%
-2.0%
Q1 25
1.0%
-0.7%
Q4 24
-1.9%
-7.7%
Q3 24
3.2%
-7.4%
Q2 24
3.2%
-4.5%
Q1 24
-0.9%
5.8%
Net Margin
FLL
FLL
KPLT
KPLT
Q4 25
-16.4%
26.8%
Q3 25
-9.8%
-6.7%
Q2 25
-14.0%
-10.9%
Q1 25
-13.0%
-7.9%
Q4 24
-16.9%
-15.2%
Q3 24
-11.2%
-14.7%
Q2 24
-11.7%
-11.7%
Q1 24
-16.1%
-0.9%
EPS (diluted)
FLL
FLL
KPLT
KPLT
Q4 25
$-0.35
$3.69
Q3 25
$-0.21
$-0.94
Q2 25
$-0.29
$-1.63
Q1 25
$-0.27
$-1.23
Q4 24
$-0.34
$-2.17
Q3 24
$-0.24
$-2.05
Q2 24
$-0.25
$-1.61
Q1 24
$-0.33
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLL
FLL
KPLT
KPLT
Cash + ST InvestmentsLiquidity on hand
$40.7M
$22.4M
Total DebtLower is stronger
$473.6M
Stockholders' EquityBook value
$2.5M
$-38.1M
Total Assets
$649.8M
$107.9M
Debt / EquityLower = less leverage
186.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLL
FLL
KPLT
KPLT
Q4 25
$40.7M
$22.4M
Q3 25
$30.9M
$3.4M
Q2 25
$32.1M
$3.7M
Q1 25
$30.7M
$6.0M
Q4 24
$40.2M
$3.5M
Q3 24
$25.9M
$25.9M
Q2 24
$31.1M
$33.7M
Q1 24
$25.7M
$31.2M
Total Debt
FLL
FLL
KPLT
KPLT
Q4 25
$473.6M
Q3 25
$473.1M
Q2 25
$467.5M
Q1 25
$471.7M
Q4 24
$468.1M
Q3 24
$467.4M
Q2 24
$466.6M
Q1 24
$465.9M
Stockholders' Equity
FLL
FLL
KPLT
KPLT
Q4 25
$2.5M
$-38.1M
Q3 25
$14.2M
$-58.4M
Q2 25
$21.2M
$-54.1M
Q1 25
$31.0M
$-51.7M
Q4 24
$40.5M
$-46.8M
Q3 24
$51.8M
$-40.3M
Q2 24
$59.5M
$-32.9M
Q1 24
$67.3M
$-27.5M
Total Assets
FLL
FLL
KPLT
KPLT
Q4 25
$649.8M
$107.9M
Q3 25
$644.4M
$85.9M
Q2 25
$651.5M
$90.6M
Q1 25
$657.2M
$88.5M
Q4 24
$673.3M
$93.2M
Q3 24
$668.7M
$92.0M
Q2 24
$673.9M
$106.6M
Q1 24
$670.4M
$106.6M
Debt / Equity
FLL
FLL
KPLT
KPLT
Q4 25
186.62×
Q3 25
33.30×
Q2 25
22.04×
Q1 25
15.22×
Q4 24
11.56×
Q3 24
9.02×
Q2 24
7.85×
Q1 24
6.92×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLL
FLL
KPLT
KPLT
Operating Cash FlowLast quarter
$12.0M
$-11.9M
Free Cash FlowOCF − Capex
$10.7M
$-12.0M
FCF MarginFCF / Revenue
14.1%
-16.2%
Capex IntensityCapex / Revenue
1.8%
0.0%
Cash ConversionOCF / Net Profit
-0.60×
TTM Free Cash FlowTrailing 4 quarters
$-2.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLL
FLL
KPLT
KPLT
Q4 25
$12.0M
$-11.9M
Q3 25
$-472.0K
$4.0M
Q2 25
$7.9M
$-6.6M
Q1 25
$-9.5M
$3.4M
Q4 24
$14.8M
$-32.6M
Q3 24
$-6.7M
$-5.4M
Q2 24
$10.1M
$-628.0K
Q1 24
$-4.4M
$2.0M
Free Cash Flow
FLL
FLL
KPLT
KPLT
Q4 25
$10.7M
$-12.0M
Q3 25
$-5.5M
$4.0M
Q2 25
$4.5M
Q1 25
$-12.3M
$3.4M
Q4 24
$6.9M
$-32.6M
Q3 24
$-17.4M
$-5.4M
Q2 24
$-1.2M
$-653.0K
Q1 24
$-27.0M
FCF Margin
FLL
FLL
KPLT
KPLT
Q4 25
14.1%
-16.2%
Q3 25
-7.1%
5.4%
Q2 25
6.1%
Q1 25
-16.4%
4.7%
Q4 24
9.4%
-51.8%
Q3 24
-23.0%
-9.0%
Q2 24
-1.6%
-1.1%
Q1 24
-38.7%
Capex Intensity
FLL
FLL
KPLT
KPLT
Q4 25
1.8%
0.0%
Q3 25
6.5%
0.0%
Q2 25
4.5%
0.0%
Q1 25
3.8%
0.0%
Q4 24
10.9%
0.1%
Q3 24
14.1%
0.0%
Q2 24
15.4%
0.0%
Q1 24
32.4%
0.0%
Cash Conversion
FLL
FLL
KPLT
KPLT
Q4 25
-0.60×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FLL
FLL

Midwest And South$58.2M77%
Food And Beverage$9.7M13%
Other Operations$3.6M5%
Other$2.3M3%
Contracted Sports Wagering$1.7M2%

KPLT
KPLT

Segment breakdown not available.

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