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Sezzle SEZL Payments to Develop Software

Payments to Develop Software at other companies

Virtu Financial logo
Virtu FinancialVIRT
$26.04M+8.8%
ServiceTitan, Inc. logo
ServiceTitan, Inc.TTAN
$6.66M+3.0%
SentinelOne logo
SentinelOneS
$7.35M+10.0%
AppFolio logo
AppFolioAPPF
$1.3M+105%
Sezzle logo
SezzleSEZL
$738K+163%
Navan, Inc.
 logo
Navan, Inc. NAVN
$4.65M+18.3%

Other financials

Income statement

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Revenue$135.5M+29.2%
Operating income$69.0M+38.4%
Net income$51.3M+41.9%
EPS (diluted)$1.47+47.0%

Balance sheet

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Cash & equivalents$120.4M+35.5%
Total debt$792.0K-12.2%
Total equity$196.7M+56.4%
Total assets$454.3M+52.4%

Cash flow

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Operating cash flow$89.0M+69.5%
CapEx$351.0K+1,200%
Free cash flow$88.6M+69.0%

Valuation

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Market cap$5.49B+81.1%
Enterprise value$5.37B+84.8%
P/E37×+8.6×
P/S11.4×+2.2×

Profitability

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Operating margin40.7%+4.8pp
Net margin30.8%-1.6pp
FCF margin51%+0.3pp

Returns & leverage

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Return on equity92%-45.4pp
Debt / equity0.0×
Current ratio3.7×+1.0×

Where this comes from

Reported directly by Sezzle in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.

The official record: Sezzle’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sezzle's payments to develop software?
Sezzle (SEZL) reported payments to develop software of $738K in Q1 2026.
How has Sezzle's payments to develop software changed year-over-year?
Sezzle's payments to develop software increased by 162.6% year-over-year, from $281K to $738K.
What is the long-term trend for Sezzle's payments to develop software?
Over 4 years (2021 to 2025), Sezzle's payments to develop software has grown at a 29.1% compound annual growth rate (CAGR), from $734K to $2.04M.
What does payments to develop software mean?
This represents the cash outflows dedicated to the internal development or enhancement of proprietary software platforms. It reflects the company's commitment to technological innovation and long-term infrastructure investment. High levels of spending in this area typically signal a focus on product differentiation and competitive positioning.