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Sezzle (SEZL) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

Sezzle (SEZL) reported revenue of $150M for the second quarter 2026 (Q2 2026), +52% from a year earlier and +10% from the quarter before. Operating margin was 36.7%, net earnings $40.8M (27.2% of revenue).

Revenue$150M
Year over year+52%
Quarter over quarter+10%
Operating margin36.7%
Net earnings$40.8M

Sezzle, Q2 2026: revenue $150M (+52% year over year), operating margin 36.7%, net earnings $40.8M, operating cash flow $52.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$150M+10%+52%
Operating profit$55.0M-20%+52%
Net earnings$40.8M-21%+48%
Operating cash flow$52.2M-41%+127%
Free cash flow$51.8M-42%+129%

What changed

Revenue was $149.7M in Q2 2026, up 52% year over year and up 10% from the previous quarter.

Operating profit was $55.0M, a 36.7% margin (up 0.2 points year over year). Of the extra revenue versus Q2 2025, 37% reached operating profit, above the 37% margin then. Total costs grew 51% against revenue growth of 52%. The fastest-growing cost line was Sales & marketing (+121%). Net earnings were $40.8M, up 48% year over year. The effective tax rate was 21.2%.

Operating cash flow was $52.2M (up 127% year over year), 128% of net earnings. Non-cash charges added back $502K of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $8.9M. Capital expenditures of $414K left free cash flow of $51.8M.

Questions

What was Sezzle's revenue in the second quarter 2026?

Sezzle (SEZL) reported revenue of $150M for the second quarter 2026 (Q2 2026), +52% from a year earlier and +10% from the quarter before.

Was Sezzle profitable in the second quarter 2026?

Operating profit was $55.0M (36.7% of revenue) and net earnings $40.8M.

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Source: Sezzle 10-Q on SEC EDGAR.