Quarterly ResultMay 6, 2026, 04:03 PM
Sezzle Q1 GMV +37.3%, Revenue +29.2%; Raises FY2026 Guidance
AI Summary
Sezzle Inc. reported strong first-quarter 2026 financial results, with Gross Merchandise Volume (GMV) increasing 37.3% year-over-year to $1.1 billion and Total Revenue growing 29.2% to $135.5 million. Net Income surged 41.9% to a record $51.3 million, and Adjusted Net Income rose 41.5% to $50.0 million. Driven by this robust performance and increased consumer engagement, the company raised its full-year 2026 guidance across all metrics, including Total Revenue Growth to 30-35% and Adjusted Net Income to $180.0 million.
Key Highlights
- Gross Merchandise Volume (GMV) increased 37.3% YoY to $1.1 billion.
- Total Revenue grew 29.2% YoY to $135.5 million, a quarterly high.
- Net Income jumped 41.9% YoY to $51.3 million, a new company quarterly high.
- Adjusted Net Income increased 41.5% YoY to $50.0 million.
- Adjusted EBITDA grew 38.3% YoY to $71.1 million, with a 52.5% margin.
- FY2026 Total Revenue Growth guidance raised to 30-35% from 25-30%.
- FY2026 Adjusted Net Income guidance raised to $180.0 million from $170.0 million.
- Company repurchased $24.8 million of common stock in Q1 2026.