SEZL
Sezzle Inc.
Next earnings Aug 5, 2026 · consensus $1.02 EPS, $137M rev
Last earnings +1.0% on 2026-05-06
$183.24
▲ +7.35%$183.24▲ +10.79%
over 1Y
L $50.97H $183.24
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+7.3%
1W+11.9%
1M+54.7%
3M+187.4%
YTD+181.3%
1Y+10.8%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 12 analysts
Buy
Sezzle is a hyper-profitable BNPL grower (revenue +69%, 56% net margin, 78% ROE) — but 43.9x earnings and BNPL regulatory/competition risk cap it.
Revenue $236M · FY2025
The read
Middling fundamentals and a rich price (~23% above fair value) leave little margin of safety — a wait-and-see.
Sezzle is a buy-now-pay-later (BNPL) platform that has transformed from a cash-burning startup into a remarkably profitable, fast-growing fintech. FY2025 revenue grew 69.2% to $236M, net income rose 69.5% to $133M, and operating income surged 115.0% to $177M — yielding an extraordinary 74.9% operating margin, 56.4% net margin and 78.4% return on equity. The trajectory is steep: revenue went from $12.0M (FY2022) to $236M and net income from losses to $133M. Cash generation is real, with operating cash flow of $210M (+60.7%), and the company bought back $64.7M of stock while equity nearly doubled (+93.3%).
The quality of these metrics is genuinely impressive for a consumer-credit business, and the balance sheet is sound (1.36x liabilities/equity). But the valuation prices in a great deal of continued perfection: at $163.28 the stock trades at 43.9x earnings and 23.4x sales, after an 11.3% single-day move. Growth that fast invariably decelerates, and any slowdown against that multiple is punishing.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 4:59 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | $12.0M | $60.6M | $139M | $236M |
| Gross profit | — | — | — | — | — |
| Operating income | -$68.7M | -$28.4M | $22.2M | $82.2M | $177M |
| Net income | -$75.2M | -$38.1M | $7.10M | $78.5M | $133M |
| Diluted EPS | -$0.38 | -$7.00 | $1.25 | $2.19 | $3.72 |
| Net margin | — | -318.5% | 11.7% | 56.3% | 56.4% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$6.10B
EV / EBITDA34.2
EV / Sales25.9
EV / FCF29.1
P / FCF29.4
PEG (trailing)0.71
Earnings yield2.2%
FCF yield3.4%
Quality & risk
ROIC (est.)82.2%
Free cash flow$209M
Total debt—
Net cash$64.1M
Altman Z-Score18.88 safe
Piotroski F-Score6/7
Capital returns
Buyback yield1.0%
Dividend yield (est.)—
Shareholder yield1.0%
Shares Δ YoY+499.1%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRed flag in recent filings — restated periodic report (2026-04-30). Worth a closer look.
Recent filings
all on EDGAR ↗144Filing2026-07-01open ↗4Period ending 2026-06-252026-06-29open ↗4Period ending 2026-06-182026-06-23open ↗4Period ending 2026-06-202026-06-23open ↗4Period ending 2026-06-202026-06-23open ↗4Period ending 2026-06-202026-06-23open ↗4Period ending 2026-06-182026-06-23open ↗3Period ending 2026-06-012026-06-23open ↗144Filing2026-06-18open ↗144Filing2026-06-18open ↗4Period ending 2026-06-122026-06-16open ↗144Filing2026-06-12open ↗
Frequently asked
- Is Sezzle Inc. (SEZL) a buy?
- SEZL currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Sezzle is a hyper-profitable BNPL grower (revenue +69%, 56% net margin, 78% ROE) — but 43.9x earnings and BNPL regulatory/competition risk cap it.
- What is SEZL's fair value?
- A Modified-Graham model based on SEZL's SEC fundamentals estimates a fair value of about $141.36. It is an estimate from reported earnings, not a price target.
- Is SEZL overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, SEZL currently appears overvalued relative to its SEC-grounded earnings power.
- What is Sezzle Inc.'s quality score?
- SEZL scores 77.98526654950206/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001662991, latest 10-Q filed 2026-05-07) · EODHD · Proprietary analysis · as of 6/21/2026, 8:59:39 PM.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.