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Side-by-side financial comparison of Katapult Holdings, Inc. (KPLT) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $73.9M, roughly 1.7× Katapult Holdings, Inc.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs 1.5%, a 25.3% gap on every dollar of revenue. On growth, Katapult Holdings, Inc. posted the faster year-over-year revenue change (17.3% vs -3.9%). SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $-12.0M). Over the past eight quarters, Katapult Holdings, Inc.'s revenue compounded faster (6.6% CAGR vs -4.8%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
KPLT vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $73.9M | $124.7M |
| Net Profit | $19.8M | $1.9M |
| Gross Margin | 15.6% | 24.3% |
| Operating Margin | -1.4% | 3.3% |
| Net Margin | 26.8% | 1.5% |
| Revenue YoY | 17.3% | -3.9% |
| Net Profit YoY | 307.3% | -53.6% |
| EPS (diluted) | $3.69 | $0.04 |
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 | $124.7M | ||
| Q3 25 | $74.0M | $85.1M | ||
| Q2 25 | $71.9M | $140.8M | ||
| Q1 25 | $71.9M | $115.9M | ||
| Q4 24 | $63.0M | $129.7M | ||
| Q3 24 | $60.3M | $88.3M | ||
| Q2 24 | $58.9M | $159.1M | ||
| Q1 24 | $65.1M | $137.5M |
| Q4 25 | $19.8M | $1.9M | ||
| Q3 25 | $-4.9M | $-3.4M | ||
| Q2 25 | $-7.8M | $8.6M | ||
| Q1 25 | $-5.7M | $2.1M | ||
| Q4 24 | $-9.6M | $4.5M | ||
| Q3 24 | $-8.9M | $-1.9M | ||
| Q2 24 | $-6.9M | $27.9M | ||
| Q1 24 | $-570.0K | $7.9M |
| Q4 25 | 15.6% | 24.3% | ||
| Q3 25 | 19.7% | 25.9% | ||
| Q2 25 | 15.5% | 28.8% | ||
| Q1 25 | 19.9% | 24.1% | ||
| Q4 24 | 11.8% | 26.6% | ||
| Q3 24 | 19.8% | 27.4% | ||
| Q2 24 | 16.9% | 35.5% | ||
| Q1 24 | 25.3% | 28.7% |
| Q4 25 | -1.4% | 3.3% | ||
| Q3 25 | 3.3% | -3.5% | ||
| Q2 25 | -2.0% | 9.3% | ||
| Q1 25 | -0.7% | 4.1% | ||
| Q4 24 | -7.7% | 5.8% | ||
| Q3 24 | -7.4% | -1.7% | ||
| Q2 24 | -4.5% | 17.4% | ||
| Q1 24 | 5.8% | 8.2% |
| Q4 25 | 26.8% | 1.5% | ||
| Q3 25 | -6.7% | -4.0% | ||
| Q2 25 | -10.9% | 6.1% | ||
| Q1 25 | -7.9% | 1.8% | ||
| Q4 24 | -15.2% | 3.5% | ||
| Q3 24 | -14.7% | -2.1% | ||
| Q2 24 | -11.7% | 17.5% | ||
| Q1 24 | -0.9% | 5.7% |
| Q4 25 | $3.69 | $0.04 | ||
| Q3 25 | $-0.94 | $-0.08 | ||
| Q2 25 | $-1.63 | $0.19 | ||
| Q1 25 | $-1.23 | $0.05 | ||
| Q4 24 | $-2.17 | $0.10 | ||
| Q3 24 | $-2.05 | $-0.04 | ||
| Q2 24 | $-1.61 | $0.60 | ||
| Q1 24 | $-0.13 | $0.17 |
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 | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-38.1M | $363.2M |
| Total Assets | $107.9M | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $22.4M | ||
| Q3 25 | $3.4M | $18.0M | ||
| Q2 25 | $3.7M | $25.2M | ||
| Q1 25 | $6.0M | $26.7M | ||
| Q4 24 | $3.5M | $39.1M | ||
| Q3 24 | $25.9M | $35.5M | ||
| Q2 24 | $33.7M | $60.8M | ||
| Q1 24 | $31.2M | $47.4M |
| Q4 25 | $-38.1M | $363.2M | ||
| Q3 25 | $-58.4M | $364.4M | ||
| Q2 25 | $-54.1M | $372.5M | ||
| Q1 25 | $-51.7M | $366.9M | ||
| Q4 24 | $-46.8M | $371.5M | ||
| Q3 24 | $-40.3M | $380.0M | ||
| Q2 24 | $-32.9M | $399.9M | ||
| Q1 24 | $-27.5M | $376.4M |
| Q4 25 | $107.9M | $548.6M | ||
| Q3 25 | $85.9M | $554.6M | ||
| Q2 25 | $90.6M | $559.6M | ||
| Q1 25 | $88.5M | $578.9M | ||
| Q4 24 | $93.2M | $587.4M | ||
| Q3 24 | $92.0M | $571.3M | ||
| Q2 24 | $106.6M | $577.4M | ||
| Q1 24 | $106.6M | $570.6M |
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 | $27.3M |
| Free Cash FlowOCF − Capex | $-12.0M | $16.3M |
| FCF MarginFCF / Revenue | -16.2% | 13.1% |
| Capex IntensityCapex / Revenue | 0.0% | 8.8% |
| Cash ConversionOCF / Net Profit | -0.60× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.9M | $27.3M | ||
| Q3 25 | $4.0M | $-8.1M | ||
| Q2 25 | $-6.6M | $40.8M | ||
| Q1 25 | $3.4M | $-9.8M | ||
| Q4 24 | $-32.6M | $-7.4M | ||
| Q3 24 | $-5.4M | $-30.8M | ||
| Q2 24 | $-628.0K | $43.7M | ||
| Q1 24 | $2.0M | $25.2M |
| Q4 25 | $-12.0M | $16.3M | ||
| Q3 25 | $4.0M | $-12.4M | ||
| Q2 25 | — | $33.5M | ||
| Q1 25 | $3.4M | $-16.1M | ||
| Q4 24 | $-32.6M | $-10.7M | ||
| Q3 24 | $-5.4M | $-35.5M | ||
| Q2 24 | $-653.0K | $38.2M | ||
| Q1 24 | — | $7.0M |
| Q4 25 | -16.2% | 13.1% | ||
| Q3 25 | 5.4% | -14.6% | ||
| Q2 25 | — | 23.8% | ||
| Q1 25 | 4.7% | -13.9% | ||
| Q4 24 | -51.8% | -8.3% | ||
| Q3 24 | -9.0% | -40.2% | ||
| Q2 24 | -1.1% | 24.0% | ||
| Q1 24 | — | 5.1% |
| Q4 25 | 0.0% | 8.8% | ||
| Q3 25 | 0.0% | 5.0% | ||
| Q2 25 | 0.0% | 5.2% | ||
| Q1 25 | 0.0% | 5.4% | ||
| Q4 24 | 0.1% | 2.5% | ||
| Q3 24 | 0.0% | 5.3% | ||
| Q2 24 | 0.0% | 3.5% | ||
| Q1 24 | 0.0% | 13.2% |
| Q4 25 | -0.60× | 14.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.73× | ||
| Q1 25 | — | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.57× | ||
| Q1 24 | — | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
