---
schema_version: "secwatch.filing_event.v1"
accession: "0001662991-24-000141"
form_type: "8-K"
ticker: "SEZL"
cik: "0001662991"
company_name: "Sezzle Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:46:18.376651+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sezzle Q1 GAAP Net Income $8.0M, exceeds FY23 total; FY24 guidance raised to $30M

## Summary
- Underlying Merchant Sales up 33.2% YoY to $492.7M; Total Income $47.0M (+35.5% YoY).
- GAAP diluted EPS $1.34 vs $0.31 in Q1 2023; record Operating Income $13.8M (+155.3% YoY).
- GAAP Net Income $8.0M for Q1 exceeds full-year 2023 net income of $7.1M.
- FY2024 GAAP Net Income guidance raised to $30.0M from $20.0M.
- Non-transaction related operating expenses fell 16.1% YoY to $16.2M; expense ratio improved.

## SEC filing metadata
- accession: 0001662991-24-000141
- form_type: 8-K
- ticker: SEZL
- cik: 0001662991
- company_name: Sezzle Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662991/000166299124000141/0001662991-24-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662991/000166299124000141/szl-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001662991-24-000141
- JSON: https://secwatch.observer/filing/0001662991-24-000141.json
- Plain text: https://secwatch.observer/filing/0001662991-24-000141.txt

## Key facts
- Earnings Releases
  Sezzle Inc. reported first quarter financial results for the period ending March 31, 2024 results: net income GAAP Net Income reached a new quarterly high of $8.0 million in 1Q24, EPS $1.34 for 1Q24. Guidance raised.
  - Period: first quarter financial results for the period ending March 31, 2024
  - Net income: GAAP Net Income reached a new quarterly high of $8.0 million in 1Q24
  - EPS: $1.34 for 1Q24
  - Guidance: raised
  - Result: reported results
  source text: On May 8, 2024, Sezzle Inc. (the “Company”) issued a press release announcing its first quarter financial results for the period ending March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662991/000166299124000141/0001662991-24-000141-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.