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How Sezzle (SEZL) makes money

Sezzle (SEZL) made $167M of revenue in the third quarter 2026 (Q3 2026), +43% from a year earlier. Of every dollar of revenue, 39¢ was left as operating profit, 29¢ was left as net earnings.

Drawing the Sankey…

Sezzle revenue by quarterSezzle revenue by quarter$105MQ1 2025$98.7MQ2 2025$117MQ3 2025$130MQ4 2025$136MQ1 2026$150MQ2 2026$167MQ3 2026
Sezzle: where each dollar of revenue goesSezzle: where each dollar of revenue goesOperating profit39¢Income tax8¢Net earnings29¢Operating cash flow52¢Free cash flow52¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$167M100.0%
Operating profit$64.3M38.6%
Income tax$13.6M8.2%
Net earnings$47.8M28.7%
Operating cash flow$86.7M52.1%
Free cash flow$86.5M52.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$167M+43%
Q2 2026$150M+52%
Q1 2026$136M+29%
Q4 2025$130M+32%
Q3 2025$117M+67%
Q2 2025$98.7M+76%
Q1 2025$105M+123%

From Sezzle's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Sezzle make money?

Sezzle (SEZL) made $167M of revenue in the third quarter 2026 (Q3 2026), +43% from a year earlier. Of every dollar of revenue, 39¢ was left as operating profit, 29¢ was left as net earnings.

What is Sezzle's profit margin?

Net earnings were $47.8M, 28.7% of revenue, in the third quarter 2026; the operating margin was 38.6%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.