Sezzle Inc. reported Q1 2026 results with GMV up 37.3% YoY to $1.1 billion and net income up 41.9% to $51.3 million, raising FY2026 guidance for revenue growth to 30-35% and adjusted net income to $180 million.
Key takeaways
GMV increased 37.3% YoY to $1.1 billion with record purchase frequency of 7.1x, driving consumer engagement.
Total Revenue grew 29.2% YoY to $135.5 million (12.2% of GMV).
Net Income rose 41.9% YoY to $51.3 million; Diluted EPS $1.47 (GAAP).
Adjusted EBITDA reached $71.1 million (52.5% margin), up 38.3% YoY.
Raised FY2026 guidance: Revenue Growth 30-35%, Adjusted Net Income $180M, Per Share $5.10.
Repurchased $24.8 million of common stock under $100M program.