Sezzle (SEZL) Debt to Equity (2020 - 2026)

Sezzle (SEZL) reported Debt to Equity of $0.73 for Q1 2026, up 32.06% on a YoY basis from $0.56 in Q1 2025, and down 10.98% quarter-over-quarter from $0.82 in Q4 2025.

Sezzle (SEZL) Debt to Equity (2020 - 2026) Analysis & Trends

Sezzle has reported Debt to Equity for 7 years, with the latest figure at $0.73 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 32.06% year-over-year to $0.73; the trailing twelve-month figure through Mar 2026 stood at $0.73 (up 32.06% YoY), and the FY2025 full-year result was $0.82, down 30.37% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.73, down from $0.82 in the prior quarter.
  • The five-year high for Debt to Equity was $386.4 in Q2 2022, with the low at $0.01 in Q3 2023.
  • Historically, Debt to Equity has averaged $24.23 across 5 years, with a median of $1.0 in 2025.
  • Annual changes were most pronounced in 2022 — Debt to Equity jumped 88740.18% — and 2023, when it tumbled 99.09%.
  • Sezzle's Debt to Equity stood at $7.21 in 2022, then slumped by 40.77% to $4.27 in 2023, then tumbled by 72.28% to $1.18 in 2024, then plunged by 30.37% to $0.82 in 2025, then slipped by 10.98% to $0.73 in 2026.
  • The last three Debt to Equity figures came in at $0.73 (Q1 2026), $0.82 (Q4 2025), and $0.76 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 0.67
2 Mastercard 437.55 Bn 427.34 Bn - 2.82
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 0.05
4 Capital One Financial 112.47 Bn 35.97 Bn - 0.34
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 0.47
6 Synchrony Financial 24.26 Bn 3.70 Bn - 0.46
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 0.64
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn -
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 0.26
10 Sezzle 3.92 Bn 3.79 Bn - 0.73

Historic Data

Download Data
DateValue
Mar 31, 2026 0.73
Dec 31, 2025 0.82
Sep 30, 2025 0.76
Jun 30, 2025 1.00
Mar 31, 2025 0.56
Dec 31, 2024 1.18
Sep 30, 2024 1.54
Jun 30, 2024 1.37
Mar 31, 2024 2.41
Dec 31, 2023 4.27
Sep 30, 2023 0.01
Jun 30, 2023 3.52
Mar 31, 2023 0.02
Dec 31, 2022 7.21
Sep 30, 2022 0.04
Jun 30, 2022 386.40
Mar 31, 2022 0.02
Dec 31, 2021 2.06
Sep 30, 2021 0.00
Jun 30, 2021 0.43