Sezzle Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
SEZL$149.28-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income
| For the years ended December 31, | ||
|---|---|---|
| (in thousands, except per share amounts) | 2025 | 2024 |
| Total revenue | $450,279 | $271,128 |
| Operating Expenses | ||
| Personnel | 54,825 | 51,765 |
| Transaction expense | 65,961 | 51,364 |
| Third-party technology and data | 14,441 | 9,595 |
| Marketing, advertising, and tradeshows | 32,191 | 9,740 |
| General and administrative | 16,774 | 11,403 |
| Provision for credit losses | 89,298 | 55,015 |
| Total operating expenses | 273,490 | 188,882 |
| Operating Income | 176,789 | 82,246 |
| Other Income (Expense) | ||
| Net interest expense | (14,021) | (13,762) |
| Other income, net | 123 | 354 |
| Fair value adjustment on warrants | — | (1,261) |
| Loss on extinguishment of line of credit | — | (260) |
| Income before taxes | 162,891 | 67,317 |
| Income tax expense (benefit) | 29,761 | (11,205) |
| Net Income | 133,130 | 78,522 |
| Other Comprehensive Income (Loss) | ||
| Foreign currency translation adjustment | 905 | (941) |
| Total Comprehensive Income | $134,035 | $77,581 |
| Net income per share*: | ||
| Basic | $3.93 | $2.33 |
| Diluted | $3.72 | $2.19 |
| Weighted-average shares outstanding*: | ||
| Basic | 33,910 | 33,711 |
| Diluted | 35,744 | 35,890 |
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