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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 280.00 Mn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | - |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 1.76 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 489.00 Mn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 849.00 Mn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 92.40 Mn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 248.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 392.40 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | - |
| 10 | Sezzle | 4.18 Bn | 4.09 Bn | - | 4.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.91 Mn |
| 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 |