Business UpdateJun 3, 2026, 08:36 AM
Sezzle Raises FY2026 Guidance; Q1 GMV Exceeds $1B
AI Summary
Sezzle Inc. announced strong Q1 2026 results, with quarterly GMV surpassing $1 billion for the second consecutive quarter and active subscribers growing 48.4% year-over-year. The company also raised its FY2026 guidance across all metrics, reflecting increased consumer engagement and a successful expansion beyond its core buy now, pay later (BNPL) offering. Sezzle highlighted the success of its 'Earn tab' and introduced new features like Pay-in-5, Sezzle Points, card-linked cashback, and integrated AI across its platform, including an AI support chatbot and an AI Shopping Assistant. Additionally, Sezzle launched Sezzle Mobile, Enhanced Long-Term Lending, and expanded payment processing with Adyen.
Key Highlights
- Raised FY2026 guidance across all metrics.
- Q1 2026 GMV surpassed $1 billion for the second consecutive quarter.
- Active consumer purchase frequency reached a new peak of 7.1 times.
- Active subscribers grew 48.4% year-over-year in Q1 2026.
- Earn tab users generate over 20% more revenue per active user.
- Pay-in-5 average order values ran 44% higher than Pay-in-4 in April.
- AI support chatbot resolves 70% of inbound inquiries.
- Launched Sezzle Mobile, Enhanced Long-Term Lending, and Adyen integration.
Price Impact
More from SEZL