Sezzle (SEZL) Operating Expenses (2020 - 2026)
Sezzle (SEZL) posted Operating Expenses of $94.72 million for Q2 2026, up 51.3% from $62.62 million a year earlier and up 42.4% from the prior quarter.
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Analysis
Sezzle (SEZL) Operating Expenses (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Sezzle was $317.08 million, up 35.4% year-over-year; for FY2025, it came in at $273.49 million, up 44.8% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 25.8% (FY2020 to FY2025).
- In prior years, Sezzle's Operating Expenses was $188.88 million in FY2024 (+37.7%), $137.16 million in FY2023 (-10.9%), $154.01 million in FY2022 (-16.1%) and $183.5 million in FY2021 (+111.6%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q2 2020.
- On a year-over-year basis, Operating Expenses has increased in each of the last 12 quarters, with growth averaging 46.9% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2021, with growth of 101.1%; the weakest was Q3 2022, with a decline of 48.2%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $66.5 million (Q1 2026), $74.62 million (Q4 2025) and $81.24 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | 7.26 Bn |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | 2.72 Bn |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | 1.33 Bn |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | 260.40 Mn |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | 4.28 Bn |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | 2.98 Bn |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 207.36 Mn |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | 573.55 Mn |
| 10 | Sezzle | 4.30 Bn | 3.93 Bn | - | 94.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.72 Mn |
| Mar 31, 2026 | 66.50 Mn |
| Dec 31, 2025 | 74.62 Mn |
| Sep 30, 2025 | 81.24 Mn |
| Jun 30, 2025 | 62.62 Mn |
| Mar 31, 2025 | 55.02 Mn |
| Dec 31, 2024 | 67.35 Mn |
| Sep 30, 2024 | 49.12 Mn |
| Jun 30, 2024 | 39.27 Mn |
| Mar 31, 2024 | 33.14 Mn |
| Dec 31, 2023 | 41.23 Mn |
| Sep 30, 2023 | 35.49 Mn |
| Jun 30, 2023 | 31.17 Mn |
| Mar 31, 2023 | 29.25 Mn |
| Dec 31, 2022 | 33.53 Mn |
| Sep 30, 2022 | 23.91 Mn |
| Jun 30, 2022 | 42.80 Mn |
| Mar 31, 2022 | 53.76 Mn |
| Dec 31, 2021 | 57.28 Mn |
| Sep 30, 2021 | 46.16 Mn |
API Access
Sezzle Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SEZL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SEZL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SEZL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();