Sezzle Inc. balance sheet
At the end of fiscal 2025, Sezzle Inc. had total assets of $400m, total liabilities of $230m and shareholders' equity of $170m. It held $64.1m in cash against $140m of debt: net debt of $75.9m.
Balance sheet
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 84 | 77 | 68 | 68 | 73 | 64 | 80 |
| Total current assets | 173 | 221 | 170 | 209 | 258 | 352 | 408 |
| Total assets | 174 | 223 | 173 | 213 | 298 | 400 | 456 |
| Accounts payable | 61 | 97 | 83 | 74 | 69 | 56 | 58 |
| Deferred revenue (current) | — | 0 | 2 | 3 | 4 | 5 | 7 |
| Total current liabilities | 68 | 108 | 99 | 187 | 106 | 90 | 102 |
| Total debt | 40 | 78 | 64 | 95 | 104 | 140 | 122 |
| Total liabilities | 114 | 186 | 164 | 191 | 211 | 230 | 223 |
| Shareholders' equity | 60 | 38 | 9 | 22 | 88 | 170 | 233 |
| Net debt (negative = net cash) | −44 | 1 | −5 | 27 | 31 | 76 | 42 |
| Shares outstanding | — | — | 33m | 34m | 34m | 34m | 34m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 232 | 258 | 266 | 312 | 329 | 352 | 411 | 408 |
| Total assets | 253 | 298 | 298 | 351 | 367 | 400 | 454 | 456 |
| Accounts payable | 70 | 69 | 65 | 60 | 58 | 56 | 58 | 58 |
| Deferred revenue (current) | 4 | 4 | 4 | 4 | 5 | 5 | 6 | 7 |
| Total current liabilities | 97 | 106 | 102 | 89 | 94 | 90 | 113 | 102 |
| Total liabilities | 192 | 211 | 172 | 220 | 212 | 230 | 258 | 223 |
| Shareholders' equity | 61 | 88 | 126 | 130 | 155 | 170 | 197 | 233 |
| Shares outstanding | 6m | 34m | 34m | 34m | 34m | 34m | 34m | 34m |
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