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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and Sezzle Inc. (SEZL). Click either name above to swap in a different company.
Sezzle Inc. is the larger business by last-quarter revenue ($78.2M vs $64.3M, roughly 1.2× CAMDEN NATIONAL CORP). Sezzle Inc. runs the higher net margin — 54.6% vs 34.0%, a 20.6% gap on every dollar of revenue. Over the past eight quarters, Sezzle Inc.'s revenue compounded faster (76.0% CAGR vs 22.6%).
Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.
Sezzle is a publicly traded financial technology company headquartered in Minneapolis, U.S, with operations in the United States and Canada. The company provides an alternative payment platform offering interest-free installment plans at selected online stores. As of June 2021, the Sezzle platform had over 10 million user sign-ups and over 48,000 participating merchants.
CAC vs SEZL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.3M | $78.2M |
| Net Profit | $21.9M | $42.7M |
| Gross Margin | — | — |
| Operating Margin | — | 70.6% |
| Net Margin | 34.0% | 54.6% |
| Revenue YoY | — | 61.6% |
| Net Profit YoY | — | 68.3% |
| EPS (diluted) | $1.29 | $1.19 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $64.3M | — | ||
| Q4 25 | $68.1M | $78.2M | ||
| Q3 25 | $65.4M | $57.5M | ||
| Q2 25 | $62.3M | $52.0M | ||
| Q1 25 | $60.1M | $48.2M | ||
| Q4 24 | $47.6M | $48.4M | ||
| Q3 24 | $45.0M | $35.6M | ||
| Q2 24 | $42.8M | $30.2M |
| Q1 26 | $21.9M | — | ||
| Q4 25 | $22.6M | $42.7M | ||
| Q3 25 | $21.2M | $26.7M | ||
| Q2 25 | $14.1M | $27.6M | ||
| Q1 25 | $7.3M | $36.2M | ||
| Q4 24 | $14.7M | $25.4M | ||
| Q3 24 | $13.1M | $15.4M | ||
| Q2 24 | $12.0M | $29.7M |
| Q1 26 | — | — | ||
| Q4 25 | 41.5% | 70.6% | ||
| Q3 25 | 40.5% | 61.9% | ||
| Q2 25 | 28.5% | 69.4% | ||
| Q1 25 | 10.3% | — | ||
| Q4 24 | 38.7% | 63.8% | ||
| Q3 24 | 35.2% | 58.6% | ||
| Q2 24 | 34.7% | 55.3% |
| Q1 26 | 34.0% | — | ||
| Q4 25 | 33.1% | 54.6% | ||
| Q3 25 | 32.4% | 46.4% | ||
| Q2 25 | 22.6% | 53.1% | ||
| Q1 25 | 12.2% | 75.1% | ||
| Q4 24 | 30.8% | 52.4% | ||
| Q3 24 | 29.1% | 43.4% | ||
| Q2 24 | 28.0% | 98.4% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $1.33 | $1.19 | ||
| Q3 25 | $1.25 | $0.75 | ||
| Q2 25 | $0.83 | $0.78 | ||
| Q1 25 | $0.43 | $1.00 | ||
| Q4 24 | $1.00 | $0.71 | ||
| Q3 24 | $0.90 | $0.44 | ||
| Q2 24 | $0.81 | $0.82 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $64.1M |
| Total DebtLower is stronger | $514.4M | — |
| Stockholders' EquityBook value | $710.0M | $169.8M |
| Total Assets | $7.0B | $400.2M |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $64.1M | ||
| Q3 25 | — | $104.1M | ||
| Q2 25 | — | $88.9M | ||
| Q1 25 | — | $88.9M | ||
| Q4 24 | — | $73.2M | ||
| Q3 24 | — | $80.1M | ||
| Q2 24 | — | $58.0M |
| Q1 26 | $514.4M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $710.0M | — | ||
| Q4 25 | $696.6M | $169.8M | ||
| Q3 25 | $676.4M | $155.3M | ||
| Q2 25 | $652.1M | $130.4M | ||
| Q1 25 | $640.1M | $125.8M | ||
| Q4 24 | $531.2M | $87.8M | ||
| Q3 24 | $529.9M | $61.1M | ||
| Q2 24 | $508.3M | $50.3M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $7.0B | $400.2M | ||
| Q3 25 | $7.0B | $367.0M | ||
| Q2 25 | $6.9B | $350.6M | ||
| Q1 25 | $7.0B | $298.1M | ||
| Q4 24 | $5.8B | $298.4M | ||
| Q3 24 | $5.7B | $252.9M | ||
| Q2 24 | $5.7B | $212.1M |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $70.6M |
| Free Cash FlowOCF − Capex | — | $70.6M |
| FCF MarginFCF / Revenue | — | 90.2% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $209.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.9M | $70.6M | ||
| Q3 25 | $36.1M | $63.7M | ||
| Q2 25 | $6.0M | $23.1M | ||
| Q1 25 | $1.0M | $52.5M | ||
| Q4 24 | $60.9M | $57.4M | ||
| Q3 24 | $-14.5M | $35.1M | ||
| Q2 24 | $14.5M | $22.2M |
| Q1 26 | — | — | ||
| Q4 25 | $58.2M | $70.6M | ||
| Q3 25 | $35.4M | $63.6M | ||
| Q2 25 | $4.5M | $22.7M | ||
| Q1 25 | $-727.0K | $52.5M | ||
| Q4 24 | $55.4M | $57.4M | ||
| Q3 24 | $-16.2M | $35.1M | ||
| Q2 24 | $13.2M | $22.2M |
| Q1 26 | — | — | ||
| Q4 25 | 85.5% | 90.2% | ||
| Q3 25 | 54.1% | 110.6% | ||
| Q2 25 | 7.3% | 43.6% | ||
| Q1 25 | -1.2% | 108.9% | ||
| Q4 24 | 116.4% | 118.5% | ||
| Q3 24 | -36.0% | 98.6% | ||
| Q2 24 | 30.8% | 73.4% |
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 0.1% | ||
| Q3 25 | 1.1% | 0.3% | ||
| Q2 25 | 2.4% | 0.8% | ||
| Q1 25 | 2.9% | 0.1% | ||
| Q4 24 | 11.7% | 0.1% | ||
| Q3 24 | 3.8% | 0.0% | ||
| Q2 24 | 3.0% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.83× | 1.65× | ||
| Q3 25 | 1.70× | 2.39× | ||
| Q2 25 | 0.43× | 0.84× | ||
| Q1 25 | 0.14× | 1.45× | ||
| Q4 24 | 4.15× | 2.26× | ||
| Q3 24 | -1.11× | 2.27× | ||
| Q2 24 | 1.21× | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAC
| Net Interest Income | $52.4M | 81% |
| Noninterest Income | $12.0M | 19% |
SEZL
| Merchant And Partner Income | $28.9M | 37% |
| Transaction Income | $25.9M | 33% |
| Income From Other Services Late Payment Fees | $20.5M | 26% |
| Other | $2.9M | 4% |
