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Side-by-side financial comparison of Katapult Holdings, Inc. (KPLT) and NAPCO SECURITY TECHNOLOGIES, INC (NSSC). Click either name above to swap in a different company.

Katapult Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $48.2M, roughly 1.5× NAPCO SECURITY TECHNOLOGIES, INC). NAPCO SECURITY TECHNOLOGIES, INC runs the higher net margin — 28.0% vs 26.8%, a 1.2% gap on every dollar of revenue. On growth, Katapult Holdings, Inc. posted the faster year-over-year revenue change (17.3% vs 12.2%). NAPCO SECURITY TECHNOLOGIES, INC produced more free cash flow last quarter ($14.5M vs $-12.0M). Over the past eight quarters, Katapult Holdings, Inc.'s revenue compounded faster (6.6% CAGR vs -1.1%).

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.

Napco Security Technologies, Inc. was set up in 1969 and now is based in Amityville, New York. The company focuses on security products, such as electronic locking devices, alarm systems, and building access control systems. The company was formerly known as Napco Security Systems, Inc.

KPLT vs NSSC — Head-to-Head

Bigger by revenue
KPLT
KPLT
1.5× larger
KPLT
$73.9M
$48.2M
NSSC
Growing faster (revenue YoY)
KPLT
KPLT
+5.1% gap
KPLT
17.3%
12.2%
NSSC
Higher net margin
NSSC
NSSC
1.2% more per $
NSSC
28.0%
26.8%
KPLT
More free cash flow
NSSC
NSSC
$26.5M more FCF
NSSC
$14.5M
$-12.0M
KPLT
Faster 2-yr revenue CAGR
KPLT
KPLT
Annualised
KPLT
6.6%
-1.1%
NSSC

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
KPLT
KPLT
NSSC
NSSC
Revenue
$73.9M
$48.2M
Net Profit
$19.8M
$13.5M
Gross Margin
15.6%
58.6%
Operating Margin
-1.4%
30.6%
Net Margin
26.8%
28.0%
Revenue YoY
17.3%
12.2%
Net Profit YoY
307.3%
29.0%
EPS (diluted)
$3.69
$0.38

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
KPLT
KPLT
NSSC
NSSC
Q4 25
$73.9M
$48.2M
Q3 25
$74.0M
$49.2M
Q2 25
$71.9M
$50.7M
Q1 25
$71.9M
$44.0M
Q4 24
$63.0M
$42.9M
Q3 24
$60.3M
$44.0M
Q2 24
$58.9M
$50.3M
Q1 24
$65.1M
$49.3M
Net Profit
KPLT
KPLT
NSSC
NSSC
Q4 25
$19.8M
$13.5M
Q3 25
$-4.9M
$12.2M
Q2 25
$-7.8M
$11.6M
Q1 25
$-5.7M
$10.1M
Q4 24
$-9.6M
$10.5M
Q3 24
$-8.9M
$11.2M
Q2 24
$-6.9M
$13.5M
Q1 24
$-570.0K
$13.2M
Gross Margin
KPLT
KPLT
NSSC
NSSC
Q4 25
15.6%
58.6%
Q3 25
19.7%
56.6%
Q2 25
15.5%
52.8%
Q1 25
19.9%
57.2%
Q4 24
11.8%
57.0%
Q3 24
19.8%
55.9%
Q2 24
16.9%
55.3%
Q1 24
25.3%
53.8%
Operating Margin
KPLT
KPLT
NSSC
NSSC
Q4 25
-1.4%
30.6%
Q3 25
3.3%
27.7%
Q2 25
-2.0%
23.8%
Q1 25
-0.7%
25.4%
Q4 24
-7.7%
26.0%
Q3 24
-7.4%
26.9%
Q2 24
-4.5%
27.7%
Q1 24
5.8%
29.4%
Net Margin
KPLT
KPLT
NSSC
NSSC
Q4 25
26.8%
28.0%
Q3 25
-6.7%
24.7%
Q2 25
-10.9%
22.9%
Q1 25
-7.9%
23.0%
Q4 24
-15.2%
24.4%
Q3 24
-14.7%
25.4%
Q2 24
-11.7%
26.9%
Q1 24
-0.9%
26.8%
EPS (diluted)
KPLT
KPLT
NSSC
NSSC
Q4 25
$3.69
$0.38
Q3 25
$-0.94
$0.34
Q2 25
$-1.63
$0.33
Q1 25
$-1.23
$0.28
Q4 24
$-2.17
$0.28
Q3 24
$-2.05
$0.30
Q2 24
$-1.61
$0.36
Q1 24
$-0.13
$0.36

Balance Sheet & Financial Strength

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

Metric
KPLT
KPLT
NSSC
NSSC
Cash + ST InvestmentsLiquidity on hand
$22.4M
$115.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$-38.1M
$184.8M
Total Assets
$107.9M
$212.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KPLT
KPLT
NSSC
NSSC
Q4 25
$22.4M
$115.4M
Q3 25
$3.4M
$105.8M
Q2 25
$3.7M
$99.2M
Q1 25
$6.0M
$89.3M
Q4 24
$3.5M
$99.2M
Q3 24
$25.9M
$91.3M
Q2 24
$33.7M
$70.7M
Q1 24
$31.2M
$60.9M
Stockholders' Equity
KPLT
KPLT
NSSC
NSSC
Q4 25
$-38.1M
$184.8M
Q3 25
$-58.4M
$176.1M
Q2 25
$-54.1M
$168.6M
Q1 25
$-51.7M
$161.5M
Q4 24
$-46.8M
$174.2M
Q3 24
$-40.3M
$178.6M
Q2 24
$-32.9M
$178.9M
Q1 24
$-27.5M
$168.2M
Total Assets
KPLT
KPLT
NSSC
NSSC
Q4 25
$107.9M
$212.8M
Q3 25
$85.9M
$206.0M
Q2 25
$90.6M
$198.1M
Q1 25
$88.5M
$190.9M
Q4 24
$93.2M
$202.7M
Q3 24
$92.0M
$209.9M
Q2 24
$106.6M
$207.8M
Q1 24
$106.6M
$194.8M

Cash Flow & Capital Efficiency

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

Metric
KPLT
KPLT
NSSC
NSSC
Operating Cash FlowLast quarter
$-11.9M
$15.1M
Free Cash FlowOCF − Capex
$-12.0M
$14.5M
FCF MarginFCF / Revenue
-16.2%
30.1%
Capex IntensityCapex / Revenue
0.0%
1.2%
Cash ConversionOCF / Net Profit
-0.60×
1.12×
TTM Free Cash FlowTrailing 4 quarters
$53.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KPLT
KPLT
NSSC
NSSC
Q4 25
$-11.9M
$15.1M
Q3 25
$4.0M
$11.6M
Q2 25
$-6.6M
$14.6M
Q1 25
$3.4M
$13.4M
Q4 24
$-32.6M
$13.5M
Q3 24
$-5.4M
$12.0M
Q2 24
$-628.0K
$14.3M
Q1 24
$2.0M
$12.3M
Free Cash Flow
KPLT
KPLT
NSSC
NSSC
Q4 25
$-12.0M
$14.5M
Q3 25
$4.0M
$11.4M
Q2 25
$14.4M
Q1 25
$3.4M
$13.3M
Q4 24
$-32.6M
$12.4M
Q3 24
$-5.4M
$11.3M
Q2 24
$-653.0K
$13.8M
Q1 24
$12.0M
FCF Margin
KPLT
KPLT
NSSC
NSSC
Q4 25
-16.2%
30.1%
Q3 25
5.4%
23.3%
Q2 25
28.4%
Q1 25
4.7%
30.3%
Q4 24
-51.8%
28.8%
Q3 24
-9.0%
25.8%
Q2 24
-1.1%
27.4%
Q1 24
24.3%
Capex Intensity
KPLT
KPLT
NSSC
NSSC
Q4 25
0.0%
1.2%
Q3 25
0.0%
0.4%
Q2 25
0.0%
0.5%
Q1 25
0.0%
0.1%
Q4 24
0.1%
2.6%
Q3 24
0.0%
1.5%
Q2 24
0.0%
1.1%
Q1 24
0.0%
0.7%
Cash Conversion
KPLT
KPLT
NSSC
NSSC
Q4 25
-0.60×
1.12×
Q3 25
0.96×
Q2 25
1.26×
Q1 25
1.32×
Q4 24
1.29×
Q3 24
1.08×
Q2 24
1.06×
Q1 24
0.94×

Financial Flow Comparison

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

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