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
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