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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and Katapult Holdings, Inc. (KPLT). Click either name above to swap in a different company.

GCL Global Holdings Ltd is the larger business by last-quarter revenue ($98.7M vs $73.9M, roughly 1.3× Katapult Holdings, Inc.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs -5.2%, a 32.0% gap on every dollar of revenue. GCL Global Holdings Ltd produced more free cash flow last quarter ($-5.2M vs $-12.0M).

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

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.

GCL vs KPLT — Head-to-Head

Bigger by revenue
GCL
GCL
1.3× larger
GCL
$98.7M
$73.9M
KPLT
Higher net margin
KPLT
KPLT
32.0% more per $
KPLT
26.8%
-5.2%
GCL
More free cash flow
GCL
GCL
$6.7M more FCF
GCL
$-5.2M
$-12.0M
KPLT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GCL
GCL
KPLT
KPLT
Revenue
$98.7M
$73.9M
Net Profit
$-5.1M
$19.8M
Gross Margin
11.0%
15.6%
Operating Margin
-6.7%
-1.4%
Net Margin
-5.2%
26.8%
Revenue YoY
17.3%
Net Profit YoY
307.3%
EPS (diluted)
$-0.04
$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
GCL
GCL
KPLT
KPLT
Q4 25
$73.9M
Q3 25
$98.7M
$74.0M
Q2 25
$142.1M
$71.9M
Q1 25
$71.9M
Q4 24
$63.0M
Q3 24
$36.1M
$60.3M
Q2 24
$58.9M
Q1 24
$65.1M
Net Profit
GCL
GCL
KPLT
KPLT
Q4 25
$19.8M
Q3 25
$-5.1M
$-4.9M
Q2 25
$5.6M
$-7.8M
Q1 25
$-5.7M
Q4 24
$-9.6M
Q3 24
$-1.9M
$-8.9M
Q2 24
$-6.9M
Q1 24
$-570.0K
Gross Margin
GCL
GCL
KPLT
KPLT
Q4 25
15.6%
Q3 25
11.0%
19.7%
Q2 25
15.0%
15.5%
Q1 25
19.9%
Q4 24
11.8%
Q3 24
16.2%
19.8%
Q2 24
16.9%
Q1 24
25.3%
Operating Margin
GCL
GCL
KPLT
KPLT
Q4 25
-1.4%
Q3 25
-6.7%
3.3%
Q2 25
2.3%
-2.0%
Q1 25
-0.7%
Q4 24
-7.7%
Q3 24
-5.6%
-7.4%
Q2 24
-4.5%
Q1 24
5.8%
Net Margin
GCL
GCL
KPLT
KPLT
Q4 25
26.8%
Q3 25
-5.2%
-6.7%
Q2 25
3.9%
-10.9%
Q1 25
-7.9%
Q4 24
-15.2%
Q3 24
-5.2%
-14.7%
Q2 24
-11.7%
Q1 24
-0.9%
EPS (diluted)
GCL
GCL
KPLT
KPLT
Q4 25
$3.69
Q3 25
$-0.04
$-0.94
Q2 25
$0.05
$-1.63
Q1 25
$-1.23
Q4 24
$-2.17
Q3 24
$-2.05
Q2 24
$-1.61
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
GCL
GCL
KPLT
KPLT
Cash + ST InvestmentsLiquidity on hand
$16.6M
$22.4M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
$-38.1M
Total Assets
$159.9M
$107.9M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
KPLT
KPLT
Q4 25
$22.4M
Q3 25
$16.6M
$3.4M
Q2 25
$18.2M
$3.7M
Q1 25
$6.0M
Q4 24
$3.5M
Q3 24
$2.7M
$25.9M
Q2 24
$33.7M
Q1 24
$31.2M
Total Debt
GCL
GCL
KPLT
KPLT
Q4 25
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GCL
GCL
KPLT
KPLT
Q4 25
$-38.1M
Q3 25
$33.1M
$-58.4M
Q2 25
$35.9M
$-54.1M
Q1 25
$-51.7M
Q4 24
$-46.8M
Q3 24
$15.9M
$-40.3M
Q2 24
$-32.9M
Q1 24
$-27.5M
Total Assets
GCL
GCL
KPLT
KPLT
Q4 25
$107.9M
Q3 25
$159.9M
$85.9M
Q2 25
$101.6M
$90.6M
Q1 25
$88.5M
Q4 24
$93.2M
Q3 24
$49.6M
$92.0M
Q2 24
$106.6M
Q1 24
$106.6M
Debt / Equity
GCL
GCL
KPLT
KPLT
Q4 25
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
GCL
GCL
KPLT
KPLT
Operating Cash FlowLast quarter
$-4.8M
$-11.9M
Free Cash FlowOCF − Capex
$-5.2M
$-12.0M
FCF MarginFCF / Revenue
-5.3%
-16.2%
Capex IntensityCapex / Revenue
0.4%
0.0%
Cash ConversionOCF / Net Profit
-0.60×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCL
GCL
KPLT
KPLT
Q4 25
$-11.9M
Q3 25
$-4.8M
$4.0M
Q2 25
$-10.3M
$-6.6M
Q1 25
$3.4M
Q4 24
$-32.6M
Q3 24
$6.1M
$-5.4M
Q2 24
$-628.0K
Q1 24
$2.0M
Free Cash Flow
GCL
GCL
KPLT
KPLT
Q4 25
$-12.0M
Q3 25
$-5.2M
$4.0M
Q2 25
$-10.5M
Q1 25
$3.4M
Q4 24
$-32.6M
Q3 24
$-5.4M
Q2 24
$-653.0K
Q1 24
FCF Margin
GCL
GCL
KPLT
KPLT
Q4 25
-16.2%
Q3 25
-5.3%
5.4%
Q2 25
-7.4%
Q1 25
4.7%
Q4 24
-51.8%
Q3 24
-9.0%
Q2 24
-1.1%
Q1 24
Capex Intensity
GCL
GCL
KPLT
KPLT
Q4 25
0.0%
Q3 25
0.4%
0.0%
Q2 25
0.1%
0.0%
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
GCL
GCL
KPLT
KPLT
Q4 25
-0.60×
Q3 25
Q2 25
-1.84×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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