Sezzle Inc. income statement
In fiscal 2025, Sezzle Inc. reported revenue of $450m, up 66.1% on the year before, operating income of $177m (a 39.3% margin) and net income of $133m, or $3.72 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 59 | 115 | 126 | 159 | 271 | 450 | 532 |
| Selling, general and administrative | 7 | 16 | 16 | 9 | 11 | — | — |
| General and administrative | — | — | — | — | — | 17 | 18 |
| Operating income | −28 | −69 | −28 | 22 | 82 | 177 | 215 |
| Interest expense | 4 | 5 | 9 | 16 | 14 | 14 | 14 |
| Provision for credit losses | 20 | 53 | 29 | 23 | 55 | 89 | 100 |
| Income before tax | −32 | −75 | −38 | 8 | 67 | 163 | 201 |
| Income tax | 0 | 0 | 0 | 1 | −11 | 30 | 39 |
| Net income | −32 | −75 | −38 | 7 | 79 | 133 | 161 |
| Diluted EPS | −$1.08 | −$14.44 | −$7.00 | $1.25 | $2.19 | $3.72 | $4.58 |
| Diluted shares (average) | 30m | 32m | 33m | 34m | 36m | 36m | 35m |
| EBITDA | −28 | −68 | −28 | 23 | 83 | 178 | 217 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70 | 98 | 105 | 99 | 117 | 130 | 136 | 150 |
| Selling, general and administrative | 2 | 4 | — | — | — | — | — | — |
| General and administrative | — | — | 3 | 4 | 5 | 5 | 4 | 4 |
| Operating income | 21 | 31 | 50 | 36 | 36 | 55 | 69 | 55 |
| Interest expense | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 3 |
| Provision for credit losses | 15 | 24 | 13 | 21 | 32 | 24 | 14 | 31 |
| Income before tax | 18 | 28 | 47 | 33 | 32 | 52 | 66 | 52 |
| Income tax | 2 | 2 | 11 | 5 | 5 | 9 | 15 | 11 |
| Net income | 15 | 25 | 36 | 28 | 27 | 43 | 51 | 41 |
| Diluted EPS | $0.44 | $0.70 | $1.00 | $0.78 | $0.75 | $1.17 | $1.47 | $1.17 |
| EBITDA | 21 | 31 | 50 | 36 | 36 | 56 | 69 | 55 |
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