Quarterly ResultMay 13, 2026, 04:08 PM
Sezzle Updates FY2026 Guidance, Reports Strong Q1, Secures $300M Credit Facility
AI Summary
Sezzle Inc. announced updated financial guidance for FY2026 and reported strong first-quarter 2026 results, alongside securing a new $300 million credit facility. The company raised its full-year total revenue growth and adjusted net income guidance, reflecting robust performance. Key operational metrics, including Monthly On-Demand & Subscribers (MODS) and Gross Merchandise Volume (GMV), also showed significant year-over-year growth, indicating strong consumer engagement and business expansion.
Key Highlights
- Secured a new $300 million credit facility in May 2026.
- Raised FY2026 Total Revenue Growth guidance to 30%-35% from 25%-30%.
- Increased FY2026 Adjusted Net Income guidance to $180.0M from $170.0M.
- Reported Q1 2026 Total Revenue of $135.5M, up 29.2% year-over-year.
- Achieved Q1 2026 Net Income of $51.3M, a 41.9% increase year-over-year.
- Q1 2026 Adjusted EBITDA reached $71.1M, with a 52.5% margin.
- Monthly On-Demand & Subscribers (MODS) grew to 887K, up 229K YoY.
- Gross Merchandise Volume (GMV) for Q1 2026 was $1,110.4M, up 37.3% YoY.
Price Impact
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