Sezzle Inc. (SEZL) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SEZL SEC filings page.
Sezzle Inc. (SEZL) reported $531.9M in revenue over the twelve months to Jun 30, 2026, up 43.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Sezzle’s 2025 results show a rapidly scaling business converting growth into cash while strengthening liquidity and reducing balance-sheet leverage.
The most important shift is cash conversion: FY2025 net income was$133.1M while operating cash flow reached$209.9M , showing reported profit was accompanied by cash generation rather than existing mainly as accounting earnings. That reverses FY2023, when operating cash flow was-$25.7M alongside a net loss, indicating the business model’s financial behavior changed materially across the period.
Operating efficiency improved with scale: operating margin rose from
Liabilities reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Sezzle Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Sezzle Inc. has an operating margin of 39.3%, meaning the company retains $39 of operating profit per $100 of revenue. This strong profitability earns a score of 67/100, reflecting efficient cost management and pricing power. This is up from 30.3% the prior year.
Sezzle Inc.'s revenue surged 66.1% year-over-year to $450.3M, reflecting rapid business expansion. This strong growth earns a score of 97/100.
Sezzle Inc. has a moderate D/E ratio of 1.36. This balance of debt and equity financing earns a leverage score of 40/100.
With a current ratio of 3.92, Sezzle Inc. holds $3.92 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 87/100.
Sezzle Inc. converts 46.5% of revenue into free cash flow ($209.3M). This strong cash generation earns a score of 96/100.
Sezzle Inc. earns a strong 78.4% return on equity (ROE), meaning it generates $78 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 73/100. This is down from 89.4% the prior year.
Sezzle Inc. scores 13.35, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($3.8B) relative to total liabilities ($230.4M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Sezzle Inc. passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Sezzle Inc. generates $1.58 in operating cash flow ($209.9M OCF vs $133.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Sezzle Inc. earns $12.61 in operating income for every $1 of interest expense ($176.8M vs $14.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Sezzle Inc. generated $149.7M in revenue in Q2 2026. This represents an increase of 51.7% from the same quarter a year earlier. Against the prior quarter it is up 10.4%.
Sezzle Inc.'s EBITDA was $55.5M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 52.3% from the same quarter a year earlier. Against the prior quarter it is down 20.2%.
Sezzle Inc. reported $40.8M in net income in Q2 2026. This represents an increase of 47.7% from the same quarter a year earlier. Against the prior quarter it is down 20.5%.
Sezzle Inc. earned $1.17 per diluted share (EPS) in Q2 2026. This represents an increase of 50.0% from the same quarter a year earlier. Against the prior quarter it is down 20.4%.
Cash & Balance Sheet
Sezzle Inc. generated $51.8M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 128.8% from the same quarter a year earlier. Against the prior quarter it is down 41.5%.
Sezzle Inc. held $79.8M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Sezzle Inc.'s operating margin was 36.7% in Q2 2026, reflecting core business profitability. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 14.2 percentage points.
Sezzle Inc.'s net profit margin was 27.2% in Q2 2026, showing the share of revenue converted to profit. This is down 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 10.6 percentage points.
Sezzle Inc.'s ROE was 17.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 3.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.6 percentage points.
Not reported for Q2 2026.
Capital Allocation
Sezzle Inc. spent $7.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 75.0% from the same quarter a year earlier. Against the prior quarter it is down 72.6%.
Sezzle Inc. invested $414K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 2.5% from the same quarter a year earlier. Against the prior quarter it is up 17.9%.
Not reported for Q2 2026.
SEZL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $149.7M+51.7% | $135.5M+29.2% | $129.9M+32.2% | $116.8M+67.0% | $98.7M+76.4% | $104.9M+123.3% | $98.2M+100.9% | $70.0M+71.3% |
| SG&A Expenses | $4.3M+13.1% | $4.0M+27.1% | $5.0M+21.8% | $4.8M+99.5% | $3.8M+52.5% | $3.1M+31.6% | $4.1M+114.1% | $2.4M+10.7% |
| Operating Income | $55.0M+52.3% | $69.0M+38.4% | $55.2M+79.0% | $35.6M+70.6% | $36.1M+116.1% | $49.9M+260.6% | $30.9M+302.6% | $20.8M+289.6% |
| EBITDA | $55.5M+52.3% | $69.5M+38.5% | $55.6M+78.7% | $35.9M+70.5% | $36.4M+114.9% | $50.2M+256.8% | $31.1M+294.1% | $21.1M+278.5% |
| Interest Expense | $3.3M-7.2% | $3.0M+3.5% | $3.7M+7.0% | $3.9M+17.9% | $3.5M+20.3% | $2.9M-28.6% | $3.4M-23.8% | $3.3M-19.7% |
| Income Tax | $10.9M+116.0% | $14.7M+35.5% | $8.9M+276.4% | $5.0M+129.4% | $5.1M+131.4% | $10.8M+2658.8% | $2.4M+319.2% | $2.2M+13526.1% |
| Net Income | $40.8M+47.7% | $51.3M+41.9% | $42.7M+68.3% | $26.7M+72.7% | $27.6M-7.1% | $36.2M+351.7% | $25.4M+763.0% | $15.4M+1093.3% |
| EPS (Basic) | $1.21+47.6% | $1.52+42.1% | $1.26-72.1% | $0.78+69.6% | $0.82-5.7% | $1.07+345.8% | $4.52+769.2% | $0.46+100.0% |
| EPS (Diluted) | $1.17+50.0% | $1.47+47.0% | $1.17 | $0.75 | $0.78 | $1.00 | $4.19+721.6% | $0.44 |
| Diluted Shares (Avg) | 35M-2.2% | 35M-3.4% | N/A | 36M | 36M | 36M | N/A | 35M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
SEZL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $456.5M+30.2% | $454.3M+52.4% | $400.2M+34.1% | $367.0M+45.1% | $350.6M+65.3% | $298.1M+52.3% | $298.4M+40.3% | $252.9M+40.6% |
| Current Assets | $408.4M+31.1% | $411.2M+54.6% | $351.9M+36.6% | $329.5M+41.7% | $311.5M+63.6% | $265.9M+38.7% | $257.6M+23.2% | $232.4M+31.9% |
| Cash & Equivalents | $79.8M-10.3% | $120.4M+35.5% | $64.1M-12.5% | $104.1M+30.1% | $88.9M+53.3% | $88.9M+14.3% | $73.2M+8.2% | $80.1M+22.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $223.5M+1.5% | $257.6M+49.5% | $230.4M+9.4% | $211.7M+10.4% | $220.2M+36.1% | $172.3M+3.7% | $210.5M+10.5% | $191.7M+18.4% |
| Current Liabilities | $101.7M+14.4% | $112.6M+10.8% | $89.8M-15.1% | $93.7M-3.3% | $88.9M-3.3% | $101.6M+9.3% | $105.7M-43.6% | $96.9M+16.1% |
| Non-Current Liabilities | $121.8M-7.2% | $145.0M+105.0% | $140.7M+34.1% | $118.0M+24.4% | $131.3M+88.0% | $70.7M-3.3% | $104.9M+3094.7% | $94.9M+20.8% |
| Total Equity | $233.0M+78.7% | $196.7M+56.4% | $169.8M+93.3% | $155.3M+154.0% | $130.4M+159.3% | $125.8M+324.7% | $87.8M+297.6% | $61.1M+240.1% |
| Retained Earnings | $66.2M+244.5% | $28.3M+152.7% | -$324K+99.6% | -$19.2M+83.4% | -$45.8M+63.6% | -$53.6M+64.2% | -$89.8M+43.0% | -$115.1M+28.2% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
SEZL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $52.2M+126.6% | $89.0M+69.5% | $70.6M+23.1% | $63.7M+81.8% | $23.1M+3.9% | $52.5M+228.2% | $57.4M+482.3% | $35.1M+366.7% |
| Depreciation & Amortization | $502K+54.9% | $436K+59.1% | $389K+50.8% | $369K+58.4% | $324K+31.2% | $274K+20.7% | $258K+11.6% | $233K+7.0% |
| Stock-Based Compensation | N/A | $1.3M+3.8% | N/A | N/A | N/A | $1.3M+40.7% | N/A | N/A |
| Capital Expenditures | $414K+2.5% | $351K+1200.0% | $61K+79.4% | $163K+1530.0% | $404K+1583.3% | $27K+1250.0% | $34K+21.1% | $10K-56.2% |
| Free Cash Flow | $51.8M+128.8% | $88.6M+69.0% | $70.6M+23.0% | $63.6M+81.3% | $22.7M+2.2% | $52.5M+228.1% | $57.4M+481.3% | $35.1M+366.1% |
| Investing Cash Flow | -$57.8M+4.3% | -$22.5M-471.8% | -$95.8M-68.6% | -$31.4M-6.0% | -$60.4M-123.5% | $6.0M-72.8% | -$56.8M-17234.2% | -$29.6M-9842.3% |
| Financing Cash Flow | -$29.6M-183.8% | -$21.5M+40.5% | -$7.4M-168.5% | -$17.2M-191.2% | $35.3M+365.9% | -$36.1M-35.0% | $10.8M-42.9% | $18.8M+9.1% |
| Share Buybacks | $7.1M-75.0% | $25.7M+953.4% | $30.0M+1966.4% | $4.0M-49.3% | $28.2M+167.5% | $2.4M-35.6% | $1.5M+3796.2% | $7.8M+2197.0% |
Not reported in any period shown, so not listed: Dividends Paid.
SEZL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 36.7%+0.2pp | 50.9%+3.4pp | 42.5%+11.1pp | 30.4%+0.7pp | 36.6%+6.7pp | 47.6%+18.1pp | 31.4%+15.8pp | 29.8%+16.7pp |
| Net Margin | 27.2%-0.7pp | 37.9%+3.4pp | 32.9%+7.0pp | 22.8%+0.8pp | 28.0%-25.1pp | 34.5%+17.4pp | 25.8%+19.8pp | 22.1%+18.9pp |
| Return on Equity | 17.5%-3.7pp | 26.1%-2.7pp | 25.1%-3.7pp | 17.2%-8.1pp | 21.2%-37.9pp | 28.8%+1.7pp | 28.9%+15.6pp | 25.3%+18.1pp |
| Return on Assets | 8.9%+1.1pp | 11.3%-0.8pp | 10.7%+2.2pp | 7.3%+1.2pp | 7.9%-6.1pp | 12.1%+8.0pp | 8.5%+7.1pp | 6.1%+5.4pp |
| Current Ratio | 4.02+0.5x | 3.65+1.0x | 3.92+1.5x | 3.52+1.1x | 3.51+1.4x | 2.62+0.6x | 2.44+1.3x | 2.40+0.3x |
| Debt-to-Equity | 0.96-0.7x | 1.31-0.1x | 1.36-1.0x | 1.36-1.8x | 1.69-1.5x | 1.37-4.2x | 2.40-6.2x | 3.14-5.9x |
| Asset Turnover | 0.330.0x | 0.30-0.1x | 0.320.0x | 0.320.0x | 0.280.0x | 0.35+0.1x | 0.33+0.1x | 0.280.0x |
| FCF Margin | 34.6%+11.7pp | 65.4%+15.4pp | 54.3%-4.1pp | 54.4%+4.3pp | 22.9%-16.7pp | 50.0%+16.0pp | 58.4%+89.2pp | 50.1%+82.4pp |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Sezzle Inc. SEZL | FY2025 | $450.3M | $133.1M | 29.6% | $3.8B | 77/100 |
| Bread Financial Holdings, Inc. BFH | FY2025 | $3.8B | $518.0M | 13.5% | $3.8B | 10/100 |
| Enova International, Inc. ENVA | FY2025 | $3.2B | $308.4M | 9.8% | $4.6B | 47/100 |
| The Western Union Company WU | FY2025 | $4.1B | $499.6M | 12.3% | $1.9B | 35/100 |
| Qfin Holdings, Inc. QFIN | FY2025 | $2.7B | $854.5M | 31.1% | $774.5M | 75/100 |
Where Sezzle Inc. Ranks
Frequently Asked Questions
What is Sezzle Inc.'s annual revenue?
Sezzle Inc. (SEZL) reported $450.3M in total revenue for fiscal year 2025. This represents a 66.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Sezzle Inc.'s revenue growing?
Sezzle Inc. (SEZL) revenue grew by 66.1% year-over-year, from $271.1M to $450.3M in fiscal year 2025.
Is Sezzle Inc. profitable?
Yes, Sezzle Inc. (SEZL) reported a net income of $133.1M in fiscal year 2025, with a net profit margin of 29.6%.
What is Sezzle Inc.'s EBITDA?
Sezzle Inc. (SEZL) had EBITDA of $178.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Sezzle Inc.'s operating margin?
Sezzle Inc. (SEZL) had an operating margin of 39.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Sezzle Inc.'s net profit margin?
Sezzle Inc. (SEZL) had a net profit margin of 29.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Sezzle Inc.'s return on equity (ROE)?
Sezzle Inc. (SEZL) has a return on equity of 78.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Sezzle Inc.'s free cash flow?
Sezzle Inc. (SEZL) generated $209.3M in free cash flow during fiscal year 2025. This represents a 60.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Sezzle Inc.'s operating cash flow?
Sezzle Inc. (SEZL) generated $209.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Sezzle Inc.'s total assets?
Sezzle Inc. (SEZL) had $400.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Sezzle Inc.'s capital expenditures?
Sezzle Inc. (SEZL) invested $655K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Sezzle Inc.'s current ratio?
Sezzle Inc. (SEZL) had a current ratio of 3.92 as of fiscal year 2025, which is generally considered healthy.
What is Sezzle Inc.'s debt-to-equity ratio?
Sezzle Inc. (SEZL) had a debt-to-equity ratio of 1.36 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sezzle Inc.'s return on assets (ROA)?
Sezzle Inc. (SEZL) had a return on assets of 33.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Sezzle Inc.'s P/E ratio?
Sezzle Inc. (SEZL) trades at 23.7x earnings, its market capitalization divided by net income of $161.4M net income, trailing 12 months to June 30, 2026. The market capitalization is $3.8B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Sezzle Inc.'s price-to-sales ratio?
Sezzle Inc. (SEZL) trades at 7.2x sales, its market capitalization divided by revenue of $531.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $3.8B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Sezzle Inc.'s Altman Z-Score?
Sezzle Inc. (SEZL) has an Altman Z-Score of 13.35, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Sezzle Inc.'s Piotroski F-Score?
Sezzle Inc. (SEZL) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sezzle Inc.'s earnings high quality?
Sezzle Inc. (SEZL) has an earnings quality ratio of 1.58x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Sezzle Inc. cover its interest payments?
Sezzle Inc. (SEZL) has an interest coverage ratio of 12.61x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Sezzle Inc.?
Sezzle Inc. (SEZL) scores 77 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.