Sezzle (SEZL) Operating Expenses (2020 - 2026)
Sezzle (SEZL) posted Operating Expenses of $94.7 million for Q2 2026, up 42.43% on a QoQ basis from $66.5 million in Q1 2026, and up 51.27% year-over-year from $62.6 million in Q2 2025.
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Analysis
Sezzle (SEZL) Operating Expenses (2020 - 2026) Analysis & Trends
Sezzle has reported Operating Expenses for 7 years, with the latest figure at $94.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 51.27% year-over-year to $94.7 million in Q2 2026; TTM through Jun 2026 was $317.1 million, a 35.45% increase from a year earlier, with the FY2025 full-year figure at $273.5 million, up 44.79% from the prior year.
- Operating Expenses was $94.7 million for Q2 2026 at Sezzle, up from $66.5 million in the prior quarter.
- The five-year high for Operating Expenses was $94.7 million in Q2 2026, with the low at $23.9 million in Q3 2022.
- Average Operating Expenses over 5 years is $50.8 million, with a median of $46.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses plunged 48.2% in 2022, then surged 65.99% in 2025.
- Over 5 years, Operating Expenses stood at $33.5 million in 2022, then rose by 22.96% to $41.2 million in 2023, then soared by 63.34% to $67.4 million in 2024, then climbed by 10.79% to $74.6 million in 2025, then gained by 26.94% to $94.7 million in 2026.
- The last three Operating Expenses figures came in at $94.7 million (Q2 2026), $66.5 million (Q1 2026), and $74.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 45.83 Bn | 39.37 Bn | 3.17 Bn | 2.72 Bn |
| 2 | PayPal Holdings | 45.18 Bn | 33.92 Bn | - | 7.26 Bn |
| 3 | Corpay | 26.12 Bn | 19.43 Bn | 1.19 Bn | 260.40 Mn |
| 4 | Fiserv | 25.09 Bn | 24.49 Bn | 3.59 Bn | 4.28 Bn |
| 5 | Global Payments | 22.62 Bn | 17.85 Bn | 2.03 Bn | 2.98 Bn |
| 6 | Wex | 6.64 Bn | 539.91 Mn | 463.80 Mn | 233.50 Mn |
| 7 | Shift4 Payments | 6.06 Bn | 5.82 Bn | 446.00 Mn | 257.00 Mn |
| 8 | Aci Worldwide | 5.09 Bn | 4.92 Bn | 181.57 Mn | 385.77 Mn |
| 9 | Paymentus Holdings | 4.41 Bn | 4.04 Bn | 94.31 Mn | 61.69 Mn |
| 10 | Sezzle | 3.92 Bn | 3.84 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();