A group of mercenaries is tasked with stealing weapons from a secretive military compound. Their mission quickly spirals out of control when they're promptly attacked by both a rival group and something much, much worse.

An apathetic child's unusual Christmas wish brings a strange storyteller to his door, with a stranger story to tell. When Santa's workshop takes the blame for the climate change wrecking the North Pole, Santa tries to make amends. Before he can set things straight, however, his old partner, Krampus, returns to take the holiday back for himself.