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
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