SEZL Q2 2025 Earnings
Reported Aug 7, 2025 at 4:31 PM ET · SEC Source
Q2 25 EPS
$0.69
BEAT +18.97%
Est. $0.58
Q2 25 Revenue
$98.7M
BEAT +3.97%
Est. $94.9M
vs S&P Since Q2 25
+18.4%
BEATING MARKET
SEZL +33.6% vs S&P +15.1%
Market Reaction
Did SEZL Beat Earnings? Q2 2025 Results
Sezzle posted a standout second quarter, beating Wall Street on both top and bottom lines as the buy-now-pay-later company continued its rapid expansion. Adjusted earnings came in at $0.69 per diluted share, ahead of the $0.58 consensus by 18.97%, wh… Read more Sezzle posted a standout second quarter, beating Wall Street on both top and bottom lines as the buy-now-pay-later company continued its rapid expansion. Adjusted earnings came in at $0.69 per diluted share, ahead of the $0.58 consensus by 18.97%, while revenue of $98.70 million topped estimates by 3.97% and surged 76.3% year-over-year, fueled by record gross merchandise volume of $927.00 million, itself up 74.2% from the prior-year period. The primary engine behind the growth was deepening consumer engagement, with users averaging 6.1 purchases per quarter compared to 4.8 a year ago, alongside a sharp ramp in marketing investment that lifted Monthly On-Demand and Subscribers to 748,000. Operating income climbed 116.1% to $36.09 million as total operating expenses grew well below the revenue rate, expanding operating margin by 6.8 percentage points to 36.6%. Some analysts have flagged macro and regulatory risks tied to the company's borrower mix, but management signaled confidence in the trajectory, reiterating full-year 2025 guidance of 60-65% revenue growth and adjusted net income of $120.00 million, or $3.25 per diluted share.
Key Takeaways
- • GMV reached record $927.0 million, up 74.2% YoY
- • Monthly On-Demand & Subscribers (MODS) hit all-time high of 748,000
- • Higher consumer engagement with 6.1 purchases per quarter vs 4.8 in prior year
- • Strong On-Demand growth and ongoing WebBank synergies
- • Improved payment processing efficiency and increased ACH adoption lowered transaction-related costs as % of GMV from 4.5% to 4.1%
- • Significant marketing spend increase to $8.8 million from $1.0 million driving subscriber acquisition
- • Operating margin expanded 6.8 percentage points YoY to 36.6% of Total Revenue
SEZL YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
“We're scaling with intention. It's not just about growing fast, but investing the right way. The product features and marketing initiatives we've rolled out are driving stronger engagement and broader adoption. With GMV up 74% year-over-year and Monthly On-Demand and Subscribers (MODS) at an all-time high, we're seeing early proof that our focused investments are paying off.”
— Charlie Youakim, Q2 2025 Earnings Press Release
SEZL Earnings Trends
SEZL vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SEZL EPS Trend
Earnings per share: estimate vs actual
SEZL Revenue Trend
Quarterly revenue: estimate vs actual
SEZL Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.24 | $1.43 | +15.70% | $135.5M | +4.94% |
| Q4 25 BEAT FY | $0.96 | $1.21 | +26.04% | $129.9M | +1.79% |
| FY Full Year | — | $3.59 | — | $450.3M | — |
| Q3 25 BEAT | $0.65 | $0.71 | +9.23% | $116.8M | +11.55% |
| Q2 25 BEAT | $0.58 | $0.69 | +18.97% | $98.7M | +3.97% |