Sezzle (SEZL) Research & Development (2020 - 2026)

Sezzle (SEZL) posted quarterly Research & Development of $4.4 million for Q1 2026, up 30.85% year-over-year from $3.4 million in Q1 2025, and up 12.23% quarter-over-quarter from $3.9 million in Q4 2025.

Sezzle (SEZL) Research & Development (2020 - 2026) Analysis & Trends

Sezzle's Research & Development history runs 7 years deep, the most recent figure standing at $4.4 million for Q1 2026.

  • In Q1 2026, Research & Development rose 30.85% year-over-year to $4.4 million; the TTM figure through Mar 2026 stood at $15.5 million (up 43.19% YoY), while the FY2025 annual figure was $14.4 million, up 50.51% from the prior year.
  • Research & Development for Q1 2026 stood at $4.4 million, up from $3.9 million in the prior quarter.
  • The five-year high for Research & Development was $4.4 million in Q1 2026, with the low at $1.7 million in Q1 2023.
  • The 5-year median for Research & Development is $2.2 million (2022), against an average of $2.6 million.
  • The sharpest annual moves came in 2022 and 2023: Research & Development jumped 81.41% in 2022, then slipped 15.76% in 2023.
  • Sezzle's Research & Development stood at $1.9 million in 2022, then rose by 13.28% to $2.2 million in 2023, then soared by 32.88% to $2.9 million in 2024, then jumped by 37.03% to $3.9 million in 2025, then climbed by 12.23% to $4.4 million in 2026.
  • Business Quant data shows SEZL's Research & Development at $4.4 million in Q1 2026, $3.9 million in Q4 2025, and $3.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 280.00 Mn
2 Mastercard 506.53 Bn 493.04 Bn - -
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 1.76 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 489.00 Mn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 849.00 Mn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 248.00 Mn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 72.85 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 335.54 Mn
10 Sezzle 5.89 Bn 5.77 Bn - 4.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.42 Mn
Dec 31, 2025 3.93 Mn
Sep 30, 2025 3.71 Mn
Jun 30, 2025 3.43 Mn
Mar 31, 2025 3.37 Mn
Dec 31, 2024 2.87 Mn
Sep 30, 2024 2.39 Mn
Jun 30, 2024 2.18 Mn
Mar 31, 2024 2.16 Mn
Dec 31, 2023 2.16 Mn
Sep 30, 2023 2.00 Mn
Jun 30, 2023 1.90 Mn
Mar 31, 2023 1.75 Mn
Dec 31, 2022 1.91 Mn
Sep 30, 2022 2.18 Mn
Jun 30, 2022 2.03 Mn
Mar 31, 2022 2.08 Mn
Dec 31, 2021 1.87 Mn
Sep 30, 2021 1.41 Mn
Jun 30, 2021 1.12 Mn