Sezzle (SEZL) Balance Sheet: Assets & Liabilities

Sezzle (SEZL) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Sezzle reported total assets of $400.23M and total liabilities of $230.42M. Shareholders' equity was $169.81M, up 93.3% from $87.83M a year earlier. Total debt stood at $140.81M against $64.05M in cash and short-term investments, a net debt position of $76.76M. That puts debt-to-equity at 0.83, compared with 1.19 a year earlier.

Sezzle Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Sezzle Inc. (SEZL) - 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
Current Assets
Cash and Cash Equivalents	64.05	73.19	67.62	68.28	76.98	84.29	34.97	6.52	0.83
Cash & Short-Term Investments	64.05	73.19	67.62	68.28	76.98	84.29	34.97	6.52	0.83
Accounts Receivable	261.08	164.56	130.63	95.89	133.99	82.21	25.50	4.96	0.21
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	26.73	16.24	9.22	5.96	5.24	1.71	2.52	0.71	0.03
Total Current Assets	351.86	257.62	209.04	170.13	221.29	173.00	62.99	12.16	1.08
Non-Current Assets
Property, Plant & Equipment (Net)	0.67	0.80	0.99	0.09	0.95	0.52	1.00	0.08	0.01
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.00
Intangible Assets	3.33	2.44	1.90	1.32	0.91	0.54	0.48	0.26	0.07
Other Non-Current Assets	30.75	37.51	0.71	1.04	0.25	0.05	0.07	0.04	0.02
Total Non-Current Assets	48.37	40.75	3.60	2.45	2.11	1.11	1.55	0.38	0.11
Total Assets	400.23	298.37	212.65	172.58	223.40	174.11	64.54	12.54	1.18
Current Liabilities
Accounts Payable	56.37	68.97	74.14	83.02	96.52	60.93	13.28	2.28	0.11
Short-Term Debt	0.16	0.10	94.38	0.08	0.17	0.14	0.39	0.00	0.00
Current Portion of Long-Term Debt	-	-	94.38	-	-	-	-	-	-
Accrued Liabilities	11.35	7.46	5.26	4.13	2.87	6.68	-	-	-
Deferred Revenue	14.97	4.23	2.64	1.52	0.00	0.00	0.00	-0.08	0.00
Other Current Liabilities	18.26	25.02	10.85	14.58	8.00	0.62	1.94	0.63	0.05
Total Current Liabilities	89.77	105.68	187.27	99.19	107.56	68.37	15.61	2.86	0.16
Non-Current Liabilities
Long-Term Debt	140.65	103.99	0.25	64.03	77.96	41.30	0.75	4.38	0.00
Other Non-Current Liabilities	0.00	0.05	2.05	0.51	0.00	4.48	20.86	0.00	0.00
Total Non-Current Liabilities	140.65	104.86	3.28	64.54	78.05	45.78	21.61	4.38	0.00
Total Liabilities	230.42	210.54	190.55	163.73	185.61	114.15	37.22	7.24	0.16
Stockholders' Equity
Common Stock	194.89	188.59	0.00	0.00	0.00	0.00	51.14	0.00	0.00
Retained Earnings	-0.32	-89.77	-157.52	-165.50	-127.40	-52.23	-23.82	-6.02	-2.26
Accumulated Other Comprehensive Income	-0.68	-1.59	-0.65	-0.64	0.56	0.43	0.00	0.00	-0.06
Treasury Stock	24.07	9.39	5.76	4.07	-	-	-	-	-
Additional Paid-in Capital	-24.07	188.59	186.02	174.98	0.00	0.00	0.00	0.14	0.07
Shares Outstanding	33.80	33.74	34.19	5.44	5.37	-	-	-	-
Total Stockholders' Equity	169.81	87.84	22.09	8.84	37.79	59.96	27.32	5.29	-2.25
Total Liabilities & Equity	400.23	298.37	212.65	172.58	223.40	174.11	64.54	12.54	1.18

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

Frequently Asked Questions About Sezzle Balance Sheet

How much debt does Sezzle have?

Sezzle had total debt of $140.81M as of Dec 31, 2025, against $64.05M in cash and short-term investments. Its debt-to-equity ratio was 0.83. Total debt was $104.09M a year earlier.

What are Sezzle's total assets?

Sezzle reported total assets of $400.23M as of Dec 31, 2025, up 34.1% from $298.37M a year earlier. Total liabilities were $230.42M.

What is Sezzle's shareholders' equity?

Sezzle's shareholders' equity was $169.81M as of Dec 31, 2025, or about $5.02 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition