Sezzle (SEZL) Financial Statements & Analysis

Sezzle (SEZL) Income Statement

Sezzle reported revenue of $450.28M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 66.1% from $271.13M a year earlier. Net income was $133.13M, up 69.5% year over year, a net margin of 29.6%. Gross margin was 85.4% and operating margin 39.3%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $149.68M, up 51.7% from the same quarter a year earlier.

Sezzle Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Sezzle Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	450.28	271.13	159.36	125.57	114.82	58.79	0.00	1.63	0.03
Cost of Revenue	65.96	103.13	85.58	91.99	100.31	53.18	5.66	0.92	0.04
Gross Profit	384.32	271.13	159.36	125.57	114.82	5.61	-5.66	0.72	-0.01
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	1.46	0.00	0.00	0.39	0.13
Selling, General & Administrative	48.97	30.69	28.35	43.53	30.56	13.95	13.22	4.36	0.81
Operating Expenses	207.53	188.88	137.16	176.01	183.50	33.53	10.93	4.75	0.81
Operating Income	176.79	82.25	22.20	-50.43	-68.68	-27.92	-16.58	-4.03	-0.81
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.10	0.00
Interest Expense	14.02	-13.76	-15.97	-8.60	-5.27	-4.30	3.98	0.00	0.00
Other Income/Expense	-13.90	-14.93	-14.49	-9.59	-6.43	0.00	0.00	-0.07	-0.96
Income
Income Before Tax	162.89	67.32	7.71	-38.02	-75.11	-32.36	-16.58	-4.19	-1.77
Income Tax Expense	29.76	-11.21	0.61	0.07	0.06	0.03	0.01	0.00	0.00
Net Income	133.13	78.52	7.10	-38.09	-75.17	-32.39	-16.60	-4.19	-1.77
Net Income - Continuous Operations	133.13	78.52	7.10	-38.09	-75.17	-32.39	-16.60	-4.19	-1.77
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	266.41	137.37	45.62	-9.61	-15.31	-27.75	-10.68	-4.00	-0.81
EBIT	162.77	137.31	45.43	-9.96	-16.06	-27.92	-	-	-
Depreciation & Amortization	0.26	0.11	0.19	0.34	0.75	0.17	0.25	0.10	0.01
Earnings Per Share
Basic EPS	4.00	2.00	-	-1.00	-2.00	-1.00	-1.00	-	-
Diluted EPS	4.00	2.00	-	-1.00	-2.00	-1.00	-1.00	-	-
Basic Shares Outstanding	33.91	33.71	33.64	32.66	31.63	29.50	17.62	9.38	8.61
Diluted Shares Outstanding	35.74	35.89	34.07	32.66	31.63	29.50	17.62	9.38	8.61

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Sezzle Financial Statements

What was Sezzle's revenue in fiscal 2025?

Sezzle reported revenue of $450.28M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 66.1% from $271.13M a year earlier.

Is Sezzle profitable?

Yes. Sezzle earned net income of $133.13M in fiscal 2025, a net margin of 29.6%. In fiscal 2024 it earned $78.52M.

What is Sezzle's operating margin?

Sezzle's operating income was $176.79M on revenue of $450.28M in fiscal 2025, an operating margin of 39.3%, compared with 30.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition