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% on a QoQ basis from $3.9 million in Q4 2025.
Sezzle (SEZL) Research & Development (2020 - 2026) Analysis & Trends
Sezzle (SEZL) has reported Research & Development for 7 consecutive years, with $4.4 million the latest figure, recorded in 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 came in at $4.4 million for Q1 2026 at Sezzle, 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.
- Average Research & Development over 5 years is $2.6 million, with a median of $2.2 million recorded in 2022.
- Across the five-year window, Research & Development surged 81.41% in 2022 and retreated 15.76% in 2023, its largest moves.
- Year by year, Research & Development stood at $1.9 million in 2022, then grew by 13.28% to $2.2 million in 2023, then jumped by 32.88% to $2.9 million in 2024, then surged by 37.03% to $3.9 million in 2025, then gained by 12.23% to $4.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $4.4 million, $3.9 million, and $3.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 260.00 Mn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 1.59 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 793.00 Mn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | - |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 187.68 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | - |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | - |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -20.39 Mn |
| 10 | Sezzle | 5.91 Bn | 5.79 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 |