Quarterly ResultMay 6, 2026, 04:10 PM
Sezzle Q1 Revenue $135.5M, Net Income $51.3M; Raises FY26 Guidance
AI Summary
Sezzle Inc. reported strong first quarter 2026 financial results, with Gross Merchandise Volume (GMV) increasing 37.3% to $1.1 billion and Total Revenue growing 29.2% to $135.5 million. Net Income surged 41.9% to $51.3 million, driven by higher consumer engagement and improved transaction-related costs. Following this performance, the company raised its full-year 2026 guidance across all key metrics, including Total Revenue Growth, Adjusted Net Income, and Adjusted Net Income Per Diluted Share.
Key Highlights
- Gross Merchandise Volume (GMV) increased 37.3% year-over-year to $1.1 billion.
- Total Revenue grew 29.2% year-over-year to $135.5 million.
- Net Income rose 41.9% year-over-year to $51.3 million, with diluted EPS of $1.47.
- Adjusted EBITDA increased 38.3% year-over-year to $71.1 million.
- FY2026 Total Revenue Growth guidance raised to 30-35% from 25-30%.
- FY2026 Adjusted Net Income guidance increased to $180.0 million from $170.0 million.
- FY2026 Adjusted Net Income Per Diluted Share guidance raised to $5.10 from $4.70.
- The company repurchased $24.8 million of common stock during Q1 2026.
Price Impact
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