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Side-by-side financial comparison of BingEx Ltd (FLX) and Katapult Holdings, Inc. (KPLT). Click either name above to swap in a different company.
BingEx Ltd is the larger business by last-quarter revenue ($143.2M vs $73.9M, roughly 1.9× Katapult Holdings, Inc.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs 2.2%, a 24.6% gap on every dollar of revenue.
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.
FLX vs KPLT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.2M | $73.9M |
| Net Profit | $3.2M | $19.8M |
| Gross Margin | 10.8% | 15.6% |
| Operating Margin | — | -1.4% |
| Net Margin | 2.2% | 26.8% |
| Revenue YoY | — | 17.3% |
| Net Profit YoY | — | 307.3% |
| EPS (diluted) | — | $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.
| Q1 26 | $143.2M | — | ||
| Q4 25 | — | $73.9M | ||
| Q3 25 | $141.2M | $74.0M | ||
| Q2 25 | $143.0M | $71.9M | ||
| Q1 25 | $141.0M | $71.9M | ||
| Q4 24 | — | $63.0M | ||
| Q3 24 | $164.6M | $60.3M | ||
| Q2 24 | — | $58.9M |
| Q1 26 | $3.2M | — | ||
| Q4 25 | — | $19.8M | ||
| Q3 25 | $6.1M | $-4.9M | ||
| Q2 25 | $7.5M | $-7.8M | ||
| Q1 25 | $27.6M | $-5.7M | ||
| Q4 24 | — | $-9.6M | ||
| Q3 24 | $3.4M | $-8.9M | ||
| Q2 24 | — | $-6.9M |
| Q1 26 | 10.8% | — | ||
| Q4 25 | — | 15.6% | ||
| Q3 25 | 11.1% | 19.7% | ||
| Q2 25 | 12.0% | 15.5% | ||
| Q1 25 | 10.0% | 19.9% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | 11.3% | 19.8% | ||
| Q2 24 | — | 16.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.4% | ||
| Q3 25 | 1.4% | 3.3% | ||
| Q2 25 | 1.9% | -2.0% | ||
| Q1 25 | — | -0.7% | ||
| Q4 24 | — | -7.7% | ||
| Q3 24 | 4.0% | -7.4% | ||
| Q2 24 | — | -4.5% |
| Q1 26 | 2.2% | — | ||
| Q4 25 | — | 26.8% | ||
| Q3 25 | 4.4% | -6.7% | ||
| Q2 25 | 5.2% | -10.9% | ||
| Q1 25 | 19.6% | -7.9% | ||
| Q4 24 | — | -15.2% | ||
| Q3 24 | 2.1% | -14.7% | ||
| Q2 24 | — | -11.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | $3.69 | ||
| Q3 25 | — | $-0.94 | ||
| Q2 25 | — | $-1.63 | ||
| Q1 25 | — | $-1.23 | ||
| Q4 24 | — | $-2.17 | ||
| Q3 24 | — | $-2.05 | ||
| Q2 24 | — | $-1.61 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $561.1M | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $-38.1M |
| Total Assets | $1.3B | $107.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $561.1M | — | ||
| Q4 25 | — | $22.4M | ||
| Q3 25 | $628.6M | $3.4M | ||
| Q2 25 | $499.4M | $3.7M | ||
| Q1 25 | $592.4M | $6.0M | ||
| Q4 24 | — | $3.5M | ||
| Q3 24 | $517.4M | $25.9M | ||
| Q2 24 | — | $33.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-38.1M | ||
| Q3 25 | — | $-58.4M | ||
| Q2 25 | — | $-54.1M | ||
| Q1 25 | — | $-51.7M | ||
| Q4 24 | — | $-46.8M | ||
| Q3 24 | — | $-40.3M | ||
| Q2 24 | — | $-32.9M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $107.9M | ||
| Q3 25 | $1.3B | $85.9M | ||
| Q2 25 | $1.2B | $90.6M | ||
| Q1 25 | $1.2B | $88.5M | ||
| Q4 24 | — | $93.2M | ||
| Q3 24 | $926.8M | $92.0M | ||
| Q2 24 | — | $106.6M |
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 | — | $-11.9M |
| Free Cash FlowOCF − Capex | — | $-12.0M |
| FCF MarginFCF / Revenue | — | -16.2% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | -0.60× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $-11.9M | ||
| Q3 25 | — | $4.0M | ||
| Q2 25 | — | $-6.6M | ||
| Q1 25 | — | $3.4M | ||
| Q4 24 | — | $-32.6M | ||
| Q3 24 | — | $-5.4M | ||
| Q2 24 | — | $-628.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | $-12.0M | ||
| Q3 25 | — | $4.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $3.4M | ||
| Q4 24 | — | $-32.6M | ||
| Q3 24 | — | $-5.4M | ||
| Q2 24 | — | $-653.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | -16.2% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | -51.8% | ||
| Q3 24 | — | -9.0% | ||
| Q2 24 | — | -1.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | -0.60× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
