Sezzle (SEZL) Research & Development (2020 - 2026)
Sezzle (SEZL) reported Research & Development of $4.4 million for Q1 2026, up 30.85% on a YoY basis 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 has reported Research & Development for 7 years, with the latest figure at $4.4 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 30.85% year-over-year to $4.4 million; the trailing twelve-month figure through Mar 2026 stood at $15.5 million (up 43.19% YoY), and the FY2025 full-year result 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.
- Historically, Research & Development has averaged $2.6 million across 5 years, with a median of $2.2 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development surged 81.41% — and 2023, when it dropped 15.76%.
- 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.
- The last three Research & Development figures came in at $4.4 million (Q1 2026), $3.9 million (Q4 2025), and $3.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 260.00 Mn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 1.59 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 496.00 Mn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 793.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 262.00 Mn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | - |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 187.68 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | - |
| 10 | Sezzle | 3.92 Bn | 3.79 Bn | - | 4.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |