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Sezzle Inc. SEZL R2K

Financial Services · Credit Services · United States
https://www.sezzle.com

Sezzle Inc. operates as a technology-enabled payments company in the United States and Canada. The company offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; Pay-in-five which allows eligible consumers to pay a fifth of the purchase price up front, and then another four installments every two weeks; Pay-in-Two, which allow consumer to pay half of the value of their order up-front and the second half in two weeks; and other alternative installment options. It also provides Sezzle Virtual Card that allows consumers to access the Sezzle Platform in the form of merchants in-store and online with merchants that are not directly integrated with Sezzle; Sezzle Anywhere, a paid subscription service that allows consumers to use their Sezzle Virtual Card at any merchant online or in-store; Sezzle On-Demand, a service that allows consumers who are not subscribed to Sezzle Anywhere to use the Sezzle Platform at any merchant online or in-store; Sezzle Premium, a paid subscription service that allows its consumers to access large, non-integrated premium merchants; Sezzle Balance, a stored-value product that allows consumers to maintain funds in Sezzle account for use toward eligible purchases or make payments on the Sezzle Platform; and Sezzle Up, an opt-in feature of the Sezzle Platform. In addition, the company offers Long-Term Lending through collaboration with third-party lenders. Sezzle Inc. was incorporated in 2016 and is headquartered in Minneapolis, Minnesota.

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$118.15
+10.72% 1Y

Market & Price

Market Cap
$3.97B
Current Price
$118.15
High / Low (52W)
$182.16 / $50.97
Beta
6.92

Valuation

Stock P/E
23.54
Industry PE
12.01
Forward P/E
18.26
PEG Ratio
0.07
Book Value
$5.86
Price to Book
20.18
P/S
8.26
EV/EBITDA
13.95
Dividend Yield
-

Profitability & Returns

ROCE
52.43%
ROE
91.95%
ROA
47.54%
Profit Margin
30.83%
Op Margin
61.02%
EPS (Latest Qtr)
$1.47
EPS (TTM)
$5.02

Balance Sheet & Liquidity

Debt/Equity
0.74
Quick Ratio
3.57
Current Ratio
3.65
Debt
$145.16M
Total Assets
$400.23M
Current Assets
$351.86M
Working Capital
$262.10M

Ownership

Promoter Holding
53.11%
Chg in Prom Hold
-
FII / Inst Holding
40.86%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$4.00B
Total Revenue (TTM)
$480.91M
EBITDA
$286.59M
Free Cash Flow
$72.55M
Operating Cash Flow
$246.41M
Shares Outstanding
33.63M
Gross Margin
74.30%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
53.06%
Profit 5Y
149.83%
Revenue (YoY)
29.20%
Earnings (YoY)
47.00%

PROS

  • Strong return on equity of 92.0%.
  • Healthy ROCE of 52.4%.
  • Excellent profit margin of 30.8%.
  • Compounding revenue at 53.1% over 5 years.
  • Profit CAGR of 149.8% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 35.1% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SEZL Sezzle Inc. R2K 118.15 23.54 $3.97B - 52.43% 91.95% 53.06% 149.83%
2 JPM JPMorgan Chase & Co. SPX 299.31 14.33 $802.00B 2.00% - 16.47% 12.50% 14.83%
3 V Visa Inc. SPX 326.36 28.48 $620.65B 0.82% 38.38% 60.35% 10.92% 10.28%
4 MA Mastercard Incorporated SPX 493.98 28.57 $436.47B 0.70% 61.47% - 13.82% 14.66%
5 MS Morgan Stanley SPX 208.00 18.84 $328.08B 1.92% - 16.39% 9.52% 15.20%
6 GS The Goldman Sachs Group, Inc. SPX 1,025.56 18.73 $302.55B 1.76% - 14.55% 7.16% 15.11%
7 WFC Wells Fargo & Company SPX 77.54 11.98 $237.29B 2.32% - 12.03% 4.02% 15.98%
8 BLK BlackRock, Inc. SPX 1,046.88 26.32 $162.51B 2.19% 4.89% 11.90% 10.65% 2.36%
9 SCHW The Charles Schwab Corporation SPX 87.35 17.37 $151.91B 1.47% - 19.08% 4.83% 7.21%
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Quarterly Results

Figures in USD.

Metric Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --------10.44M11.46M16.18M25.25M30.19M--104.91M98.70M116.80M129.87M135.54M
Cost of Revenue ---------------30.36M25.92M35.68M36.42M36.20M
Gross Profit ---------------74.55M72.78M81.12M93.44M99.34M
Operating Expenses ---------------24.65M36.69M49.48M41.88M33.32M
Operating Income -2.78M-7.04M-8.83M-17.81M-17.69M-26.12M-13.55M6.50M5.42M3.76M5.35M13.84M16.70M--49.90M36.09M31.64M51.56M66.02M
EBITDA ---------------50.19M36.50M32.01M51.95M66.46M
Interest Expense -------------3.33M3.44M2.91M3.50M---
Pretax Income ---------------47.01M32.67M31.63M51.58M65.99M
Tax Provision ---------------10.84M5.07M4.96M8.89M14.69M
Net Income -3.84M-8.16M-11.35M-19.06M-18.83M-27.99M-15.08M4.34M1.72M1.14M1.29M8.01M29.70M--36.16M27.60M26.67M42.69M51.30M
Diluted EPS -0.02-0.04-0.06-0.10-0.09-5.20-2.770.730.310.200.230.220.820.44-1.000.780.75-1.47

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --125.57M159.36M271.13M450.28M
Cost of Revenue --91.99M85.58M116.89M134.81M
Gross Profit --24.98M73.78M154.24M315.47M
Operating Expenses --73.01M51.57M85.75M152.70M
Operating Income -27.93M--48.04M22.20M68.48M162.77M
EBITDA ---47.19M24.53M69.45M164.12M
Interest Expense -5.27M8.60M15.97M13.76M-
Pretax Income ---38.02M7.71M67.32M162.89M
Tax Provision --69.45K611.49K-11.21M29.76M
Net Income -32.39M--38.09M7.10M78.52M133.13M
Diluted EPS -0.17-2.41-1.140.212.19-

Compounded Sales Growth

5 Years:53.06%
1 Year:29.20%

Compounded Profit Growth

5 Years:149.83%
1 Year:47.00%

Stock Price Performance

1 Year:+10.72%
6 Months:+110.19%
3 Months:+61.96%
1 Month:+54.36%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -174.11M-172.58M212.65M298.37M400.23M
Current Assets ---170.13M209.04M257.62M351.86M
Cash & Equivalents -84.29M-68.28M67.62M73.19M64.05M
Inventory -------
Receivables ---2.53M1.57M1.69M3.56M
Total Liabilities -114.15M-163.73M190.55M210.54M230.42M
Current Liabilities -68.37M-99.19M187.27M105.68M89.77M
Long Term Debt ---64.03M250.00K103.99M139.99M
Total Debt ---64.11M95.67M104.91M140.81M
Total Equity 27.31M59.96M-8.84M22.09M87.83M169.81M
Shares Outstanding ---5.44M34.96M34.79M35.13M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -24.81M-8.51M-25.69M130.65M209.91M
Investing Cash Flow -732.91K--1.01M-1.37M-91.21M-181.57M
Financing Cash Flow 77.57M--15.69M28.22M-10.37M-25.41M
Capital Expenditure -410.90K--1.01M-1.37M-1.46M-2.69M
Free Cash Flow -25.22M-7.50M-27.06M129.18M207.21M
Net Change in Cash ---8.18M1.16M29.07M2.93M
Share Buybacks 611.22K2.65M381.43K1.68M23.62M64.66M

Ratios (Annual)

Figures in %.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --19.9%46.3%56.9%70.1%
Operating Margin % ---38.3%13.9%25.3%36.1%
Net Margin % ---30.3%4.5%29.0%29.6%
ROE % -54.0%--430.8%32.1%89.4%78.4%
ROCE % -26.4%--65.5%87.5%35.5%52.4%

Shareholding Pattern

Insiders
53.11%
Institutions
40.86%
Public Float
87.15%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.55% 2.54M $299.86M
2 Divisadero Street Capital Management, LP 3.90% 1.31M $154.97M
3 Accredited Investors Inc. 2.64% 886.64K $104.76M
4 Vanguard Capital Management LLC 2.27% 763.62K $90.22M
5 State Street Corporation 1.85% 622.26K $73.52M
6 Geode Capital Management, LLC 1.55% 521.04K $61.56M
7 Morgan Stanley 1.39% 467.43K $55.23M
8 Dimensional Fund Advisors LP 1.36% 458.22K $54.14M
9 T. Rowe Price Investment Management, Inc. 1.17% 393.61K $46.50M
10 Price (T.Rowe) Associates Inc 1.13% 380.93K $45.01M

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