Sezzle Inc's stock surged 10.96% in post-market trading on Wednesday, following the release of its first-quarter 2026 financial results.
The buy-now-pay-later platform reported adjusted earnings per share of $1.47, significantly beating the analyst consensus estimate of $1.24. Revenue for the quarter reached $135.54 million, surpassing expectations of $129.15 million and representing a 29.2% year-over-year increase. Net income jumped 41.9% to $51.3 million, driven by a 37.3% rise in gross merchandise volume to $1.1 billion and improved operating efficiency.
Concurrently, the company raised its full-year 2026 outlook, increasing its revenue growth projection to a range of 30% to 35% from the previous 25% to 30%. It also lifted its adjusted net income guidance to $180 million. The strong quarterly performance was attributed to a record average quarterly purchase frequency of 7.1x and a 48.4% year-over-year growth in active subscribers.