Sezzle beats third quarter 2026 expectations with 42.6% revenue growth and raised guidance

Sezzle delivered record third quarter 2026 results, beating analyst estimates for both revenue and earnings while raising full-year guidance for the fourth time. Growth was driven by a significant expansion in the high-margin subscriber base and record-high transaction frequency as the company continues to scale its Sezzle Anywhere and SezzleCash programs.

Key Highlights

• Total Revenue reached a record $166.5 million, up 42.6% YoY, significantly exceeding the $155.0 million estimate.
• Net Income rose 79.3% YoY to $47.8 million, or $1.38 per diluted share, surpassing expectations of $1.28.
• Active Subscribers grew 68.1% YoY to 955,000, nearing the 1 million milestone, while transaction frequency reached a record 7.8x.
• Management raised FY2026 Adjusted Net Income guidance to $190 million and introduced a preliminary FY2027 EPS target of $7.20.
• The company filed for a national bank charter in October 2026 and soft-launched its Anywhere offering in Canada.