vs
Side-by-side financial comparison of Katapult Holdings, Inc. (KPLT) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.
TACTILE SYSTEMS TECHNOLOGY INC is the larger business by last-quarter revenue ($103.6M vs $73.9M, roughly 1.4× Katapult Holdings, Inc.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs 10.3%, a 16.6% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs 17.3%). TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M vs $-12.0M). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% CAGR vs 6.6%).
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.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
KPLT vs TCMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $73.9M | $103.6M |
| Net Profit | $19.8M | $10.6M |
| Gross Margin | 15.6% | 78.2% |
| Operating Margin | -1.4% | 18.1% |
| Net Margin | 26.8% | 10.3% |
| Revenue YoY | 17.3% | 21.0% |
| Net Profit YoY | 307.3% | 9.4% |
| EPS (diluted) | $3.69 | $0.45 |
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 | $103.6M | ||
| Q3 25 | $74.0M | $85.8M | ||
| Q2 25 | $71.9M | $78.9M | ||
| Q1 25 | $71.9M | $61.3M | ||
| Q4 24 | $63.0M | $85.6M | ||
| Q3 24 | $60.3M | $73.1M | ||
| Q2 24 | $58.9M | $73.2M | ||
| Q1 24 | $65.1M | $61.1M |
| Q4 25 | $19.8M | $10.6M | ||
| Q3 25 | $-4.9M | $8.2M | ||
| Q2 25 | $-7.8M | $3.2M | ||
| Q1 25 | $-5.7M | $-3.0M | ||
| Q4 24 | $-9.6M | $9.7M | ||
| Q3 24 | $-8.9M | $5.2M | ||
| Q2 24 | $-6.9M | $4.3M | ||
| Q1 24 | $-570.0K | $-2.2M |
| Q4 25 | 15.6% | 78.2% | ||
| Q3 25 | 19.7% | 75.8% | ||
| Q2 25 | 15.5% | 74.5% | ||
| Q1 25 | 19.9% | 74.0% | ||
| Q4 24 | 11.8% | 75.2% | ||
| Q3 24 | 19.8% | 75.0% | ||
| Q2 24 | 16.9% | 73.9% | ||
| Q1 24 | 25.3% | 71.1% |
| Q4 25 | -1.4% | 18.1% | ||
| Q3 25 | 3.3% | 12.8% | ||
| Q2 25 | -2.0% | 5.2% | ||
| Q1 25 | -0.7% | -7.4% | ||
| Q4 24 | -7.7% | 14.6% | ||
| Q3 24 | -7.4% | 9.3% | ||
| Q2 24 | -4.5% | 8.0% | ||
| Q1 24 | 5.8% | -4.9% |
| Q4 25 | 26.8% | 10.3% | ||
| Q3 25 | -6.7% | 9.6% | ||
| Q2 25 | -10.9% | 4.1% | ||
| Q1 25 | -7.9% | -4.9% | ||
| Q4 24 | -15.2% | 11.4% | ||
| Q3 24 | -14.7% | 7.1% | ||
| Q2 24 | -11.7% | 5.9% | ||
| Q1 24 | -0.9% | -3.6% |
| Q4 25 | $3.69 | $0.45 | ||
| Q3 25 | $-0.94 | $0.36 | ||
| Q2 25 | $-1.63 | $0.14 | ||
| Q1 25 | $-1.23 | $-0.13 | ||
| Q4 24 | $-2.17 | $0.40 | ||
| Q3 24 | $-2.05 | $0.21 | ||
| Q2 24 | $-1.61 | $0.18 | ||
| Q1 24 | $-0.13 | $-0.09 |
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 | $83.4M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $-38.1M | $218.9M |
| Total Assets | $107.9M | $273.9M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $83.4M | ||
| Q3 25 | $3.4M | $66.0M | ||
| Q2 25 | $3.7M | $81.5M | ||
| Q1 25 | $6.0M | $83.6M | ||
| Q4 24 | $3.5M | $94.4M | ||
| Q3 24 | $25.9M | $82.1M | ||
| Q2 24 | $33.7M | $73.6M | ||
| Q1 24 | $31.2M | $60.7M |
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $27.0M | ||
| Q2 24 | — | $27.8M | ||
| Q1 24 | — | $28.5M |
| Q4 25 | $-38.1M | $218.9M | ||
| Q3 25 | $-58.4M | $204.9M | ||
| Q2 25 | $-54.1M | $194.9M | ||
| Q1 25 | $-51.7M | $205.6M | ||
| Q4 24 | $-46.8M | $216.6M | ||
| Q3 24 | $-40.3M | $207.9M | ||
| Q2 24 | $-32.9M | $200.7M | ||
| Q1 24 | $-27.5M | $193.5M |
| Q4 25 | $107.9M | $273.9M | ||
| Q3 25 | $85.9M | $259.2M | ||
| Q2 25 | $90.6M | $273.0M | ||
| Q1 25 | $88.5M | $280.2M | ||
| Q4 24 | $93.2M | $297.9M | ||
| Q3 24 | $92.0M | $287.7M | ||
| Q2 24 | $106.6M | $278.8M | ||
| Q1 24 | $106.6M | $272.0M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.15× |
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 | $17.3M |
| Free Cash FlowOCF − Capex | $-12.0M | $16.8M |
| FCF MarginFCF / Revenue | -16.2% | 16.2% |
| Capex IntensityCapex / Revenue | 0.0% | 0.5% |
| Cash ConversionOCF / Net Profit | -0.60× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | — | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.9M | $17.3M | ||
| Q3 25 | $4.0M | $10.3M | ||
| Q2 25 | $-6.6M | $14.8M | ||
| Q1 25 | $3.4M | $417.0K | ||
| Q4 24 | $-32.6M | $16.3M | ||
| Q3 24 | $-5.4M | $10.3M | ||
| Q2 24 | $-628.0K | $13.1M | ||
| Q1 24 | $2.0M | $924.0K |
| Q4 25 | $-12.0M | $16.8M | ||
| Q3 25 | $4.0M | $9.2M | ||
| Q2 25 | — | $14.4M | ||
| Q1 25 | $3.4M | $38.0K | ||
| Q4 24 | $-32.6M | $15.9M | ||
| Q3 24 | $-5.4M | $9.3M | ||
| Q2 24 | $-653.0K | $12.6M | ||
| Q1 24 | — | $442.0K |
| Q4 25 | -16.2% | 16.2% | ||
| Q3 25 | 5.4% | 10.8% | ||
| Q2 25 | — | 18.2% | ||
| Q1 25 | 4.7% | 0.1% | ||
| Q4 24 | -51.8% | 18.5% | ||
| Q3 24 | -9.0% | 12.7% | ||
| Q2 24 | -1.1% | 17.3% | ||
| Q1 24 | — | 0.7% |
| Q4 25 | 0.0% | 0.5% | ||
| Q3 25 | 0.0% | 1.3% | ||
| Q2 25 | 0.0% | 0.5% | ||
| Q1 25 | 0.0% | 0.6% | ||
| Q4 24 | 0.1% | 0.5% | ||
| Q3 24 | 0.0% | 1.3% | ||
| Q2 24 | 0.0% | 0.7% | ||
| Q1 24 | 0.0% | 0.8% |
| Q4 25 | -0.60× | 1.63× | ||
| Q3 25 | — | 1.26× | ||
| Q2 25 | — | 4.59× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 1.99× | ||
| Q2 24 | — | 3.06× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KPLT
Segment breakdown not available.
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
