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Side-by-side financial comparison of Katapult Holdings, Inc. (KPLT) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.
Katapult Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $49.0M, roughly 1.5× Quipt Home Medical Corp.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs -2.1%, a 29.0% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 17.3%). Quipt Home Medical Corp. produced more free cash flow last quarter ($6.9M vs $-12.0M).
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.
Quipt Home Medical Corp is a U.S.-based home medical equipment provider specializing in respiratory care, sleep therapy supplies, and chronic disease management products. It serves patients with long-term health conditions, partners with healthcare providers and insurance payers across operating regions to deliver accessible in-home medical solutions.
KPLT vs QIPT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $73.9M | $49.0M |
| Net Profit | $19.8M | $-1.1M |
| Gross Margin | 15.6% | 53.5% |
| Operating Margin | -1.4% | 2.1% |
| Net Margin | 26.8% | -2.1% |
| Revenue YoY | 17.3% | 32.3% |
| Net Profit YoY | 307.3% | 2.9% |
| EPS (diluted) | $3.69 | $-0.02 |
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 | $73.9M | $49.0M | ||
| Q3 25 | $74.0M | $39.8M | ||
| Q2 25 | $71.9M | $35.1M | ||
| Q1 25 | $71.9M | $33.3M | ||
| Q4 24 | $63.0M | $37.1M | ||
| Q3 24 | $60.3M | — | ||
| Q2 24 | $58.9M | — | ||
| Q1 24 | $65.1M | — |
| Q4 25 | $19.8M | $-1.1M | ||
| Q3 25 | $-4.9M | $-3.5M | ||
| Q2 25 | $-7.8M | $-3.0M | ||
| Q1 25 | $-5.7M | $-3.0M | ||
| Q4 24 | $-9.6M | $-1.1M | ||
| Q3 24 | $-8.9M | — | ||
| Q2 24 | $-6.9M | — | ||
| Q1 24 | $-570.0K | — |
| Q4 25 | 15.6% | 53.5% | ||
| Q3 25 | 19.7% | 48.7% | ||
| Q2 25 | 15.5% | 57.6% | ||
| Q1 25 | 19.9% | 54.6% | ||
| Q4 24 | 11.8% | 52.1% | ||
| Q3 24 | 19.8% | — | ||
| Q2 24 | 16.9% | — | ||
| Q1 24 | 25.3% | — |
| Q4 25 | -1.4% | 2.1% | ||
| Q3 25 | 3.3% | -3.6% | ||
| Q2 25 | -2.0% | -5.2% | ||
| Q1 25 | -0.7% | -3.0% | ||
| Q4 24 | -7.7% | 1.2% | ||
| Q3 24 | -7.4% | — | ||
| Q2 24 | -4.5% | — | ||
| Q1 24 | 5.8% | — |
| Q4 25 | 26.8% | -2.1% | ||
| Q3 25 | -6.7% | -8.9% | ||
| Q2 25 | -10.9% | -8.6% | ||
| Q1 25 | -7.9% | -9.1% | ||
| Q4 24 | -15.2% | -2.9% | ||
| Q3 24 | -14.7% | — | ||
| Q2 24 | -11.7% | — | ||
| Q1 24 | -0.9% | — |
| Q4 25 | $3.69 | $-0.02 | ||
| Q3 25 | $-0.94 | $-0.07 | ||
| Q2 25 | $-1.63 | $-0.07 | ||
| Q1 25 | $-1.23 | $-0.07 | ||
| Q4 24 | $-2.17 | $-0.03 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $22.4M | $10.5M |
| Total DebtLower is stronger | — | $84.0M |
| Stockholders' EquityBook value | $-38.1M | $113.0M |
| Total Assets | $107.9M | $280.7M |
| Debt / EquityLower = less leverage | — | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $10.5M | ||
| Q3 25 | $3.4M | $12.9M | ||
| Q2 25 | $3.7M | $11.3M | ||
| Q1 25 | $6.0M | $17.1M | ||
| Q4 24 | $3.5M | $15.5M | ||
| Q3 24 | $25.9M | — | ||
| Q2 24 | $33.7M | — | ||
| Q1 24 | $31.2M | — |
| Q4 25 | — | $84.0M | ||
| Q3 25 | — | $87.6M | ||
| Q2 25 | — | $66.0M | ||
| Q1 25 | — | $71.5M | ||
| Q4 24 | — | $70.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-38.1M | $113.0M | ||
| Q3 25 | $-58.4M | $112.1M | ||
| Q2 25 | $-54.1M | $102.5M | ||
| Q1 25 | $-51.7M | $103.6M | ||
| Q4 24 | $-46.8M | $106.3M | ||
| Q3 24 | $-40.3M | — | ||
| Q2 24 | $-32.9M | — | ||
| Q1 24 | $-27.5M | — |
| Q4 25 | $107.9M | $280.7M | ||
| Q3 25 | $85.9M | $283.3M | ||
| Q2 25 | $90.6M | $236.1M | ||
| Q1 25 | $88.5M | $244.6M | ||
| Q4 24 | $93.2M | $242.8M | ||
| Q3 24 | $92.0M | — | ||
| Q2 24 | $106.6M | — | ||
| Q1 24 | $106.6M | — |
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.66× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-11.9M | $8.9M |
| Free Cash FlowOCF − Capex | $-12.0M | $6.9M |
| FCF MarginFCF / Revenue | -16.2% | 14.0% |
| Capex IntensityCapex / Revenue | 0.0% | 4.2% |
| Cash ConversionOCF / Net Profit | -0.60× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $26.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.9M | $8.9M | ||
| Q3 25 | $4.0M | $9.8M | ||
| Q2 25 | $-6.6M | $9.7M | ||
| Q1 25 | $3.4M | $8.9M | ||
| Q4 24 | $-32.6M | $9.3M | ||
| Q3 24 | $-5.4M | — | ||
| Q2 24 | $-628.0K | — | ||
| Q1 24 | $2.0M | — |
| Q4 25 | $-12.0M | $6.9M | ||
| Q3 25 | $4.0M | $8.0M | ||
| Q2 25 | — | $4.4M | ||
| Q1 25 | $3.4M | $7.3M | ||
| Q4 24 | $-32.6M | $5.6M | ||
| Q3 24 | $-5.4M | — | ||
| Q2 24 | $-653.0K | — | ||
| Q1 24 | — | — |
| Q4 25 | -16.2% | 14.0% | ||
| Q3 25 | 5.4% | 20.0% | ||
| Q2 25 | — | 12.6% | ||
| Q1 25 | 4.7% | 22.0% | ||
| Q4 24 | -51.8% | 15.2% | ||
| Q3 24 | -9.0% | — | ||
| Q2 24 | -1.1% | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.0% | 4.2% | ||
| Q3 25 | 0.0% | 4.6% | ||
| Q2 25 | 0.0% | 14.9% | ||
| Q1 25 | 0.0% | 4.8% | ||
| Q4 24 | 0.1% | 9.9% | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.0% | — |
| 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.
