Financial Performance - Sezzle achieved a Gross Merchandise Volume (GMV) growth of 74.2% year-over-year (YoY) in 2Q25[10] - Total revenue grew by 76.4% YoY, reaching $98.7 million in 2Q25[10, 34] - The company reported a net income of $27.6 million with a net income margin of 28.0% in 2Q25[10] - Adjusted EBITDA for 2Q25 was $37.9 million, representing a margin of 38.4%[10] - Total revenue less transaction-related costs accounted for 61.1% of total revenue[10] User Engagement - Monthly On-Demand & Subscribers (MODS) reached 748,000, a 62.0% YoY increase[10] - Average quarterly purchase frequency increased from 4.8x in 2Q24 to 6.1x in 2Q25[10] - Revenue Generating Users increased by 52% YoY[21] - Monthly Sessions increased by 112% YoY[21] Future Outlook - The company projects an adjusted net income of $120.0 million for FY2025, an 85.8% YoY increase[11] - Adjusted EBITDA is projected to be between $170.0 million and $175.0 million, representing a 92-98% YoY increase[11]

Core Insights - Sezzle Inc. reported significant growth in key financial metrics for Q2 2025, with Gross Merchandise Volume (GMV) reaching $927.0 million, a 74.2% increase year-over-year [2] - The company emphasized a strategic approach to growth, focusing on intentional scaling and effective marketing initiatives that have led to increased consumer engagement [2] Financial Performance - GMV increased by 74.2% YoY to $927.0 million, with consumers averaging 6.1 purchases per quarter compared to 4.8 in the previous year [2] - Total Revenue rose 76.4% YoY to $98.7 million, with Total Revenue as a percentage of GMV at 10.6% [2] - Monthly On-Demand & Subscribers (MODS) reached 748,000, up from 658,000 in the previous quarter [2] - Total Operating Expenses increased by 59.5% YoY to $62.6 million, but as a percentage of Total Revenue, they decreased by 6.8 points to 63.4% [2] - Operating Income grew 116.1% YoY to $36.1 million, with Operating Margin expanding to 36.6% of Total Revenue [2] - Net Income for Q2 2025 was $27.6 million, representing 28.0% of Total Revenue, with Earnings per Diluted Share falling 4.9% to $0.78 [2] Cost Management - Transaction Related Costs as a percentage of GMV declined from 4.5% to 4.1% YoY, attributed to improved payment processing efficiency and increased consumer adoption of ACH payments [2] - Non-Transaction Related Operating Expenses increased 50.4% YoY to $27.7 million, but as a percentage of Total Revenue, they decreased by 4.8 points to 28.1% [2] Adjusted Metrics - Adjusted Net Income rose 91.8% YoY to $24.4 million, or 24.7% of Total Revenue, with Adjusted Net Income per Diluted Share increasing 97.1% YoY to $0.69 [2] - Adjusted EBITDA increased 106.0% YoY to $37.9 million, accounting for 38.4% of Total Revenue [2] Shareholder Returns - The company repurchased 678,529 shares for $23.5 million under its $50 million stock repurchase plan [2] Balance Sheet and Guidance - As of June 30, 2025, Sezzle had $120.0 million in cash and cash equivalents, with $31.0 million restricted [8] - The company provided FY2025 guidance, expecting Total Revenue Growth of 60-65% and Adjusted Net Income of $120.0 million [8]