SEZLNasdaqServices-Business Services, NECFiscal year ends December 31
Sezzle Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$128.05+0.40 (+0.31%)
Close on Oct 19, 2026
- Market cap
- $4.45B
- P/E (TTM)
- 28.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Operating margin
39.3%+86.8 pts over 5 years
Net margin
29.6%+84.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +66.1% | +53.1% | +50.3% | – | |
| Operating income | +115.0% | – | – | – | |
| Net income | +69.5% | – | – | – | |
| EPS, diluted | +69.9% | – | – | – | |
| Free cash flow | +60.3% | +191.4% | – | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -74.2% | 103.3% | |
| Return on assets | – | – | 38.1% | |
| Current ratio | – | 2.53 | 3.92 | |
| Interest coverage | – | -6.5× | 12.6× | |
| Capex to revenue | – | 0.7% | 0.1% | |
| Diluted shares | – | 30M | 36M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Sezzle generated $446.89M from operations and spent $94.54M on capital expenditure, dividends and share buybacks. 2% of that went back into the business.
Generated
$446.89M
Used
$94.54M
Capital expenditure$1.54M2%Dividends$00%Share buybacks$92.99M98%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin29.6%
×Asset turnover1.29×
×Equity multiplier2.71×
=Return on equity, FY2025103.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 29.6% | 1.29× | 2.71× | 103.3% |
| FY2024 | 29.0% | 1.06× | 4.65× | 142.9% |
| FY2023 | 4.5% | 0.83× | 12.45× | 45.9% |
| FY2022 | -30.3% | 0.63× | 8.49× | -163.4% |
| FY2021 | -65.5% | 0.58× | 4.07× | -153.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$133.13M
- Cash generatingOperating cash flow above zero$209.91M
- Return on assets improvedROA up on the prior year36.9% → 44.6%
- Earnings backed by cashOperating cash flow above net income$209.91M vs $133.13M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.44 → 3.92
- No dilutionShare count did not rise36M → 36M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose1.28 → 1.51