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Side-by-side financial comparison of MEDALLION FINANCIAL CORP (MFIN) and Sezzle Inc. (SEZL). Click either name above to swap in a different company.
Sezzle Inc. is the larger business by last-quarter revenue ($135.5M vs $70.6M, roughly 1.9× MEDALLION FINANCIAL CORP). Sezzle Inc. runs the higher net margin — 37.9% vs 17.3%, a 20.6% gap on every dollar of revenue. On growth, Sezzle Inc. posted the faster year-over-year revenue change (29.2% vs 25.4%). Over the past eight quarters, Sezzle Inc.'s revenue compounded faster (111.9% CAGR vs 15.0%).
Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.
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.
MFIN vs SEZL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $70.6M | $135.5M |
| Net Profit | $12.2M | $51.3M |
| Gross Margin | — | — |
| Operating Margin | 29.3% | 50.9% |
| Net Margin | 17.3% | 37.9% |
| Revenue YoY | 25.4% | 29.2% |
| Net Profit YoY | 20.3% | 41.9% |
| EPS (diluted) | $0.50 | — |
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 | — | $135.5M | ||
| Q4 25 | $70.6M | $78.2M | ||
| Q3 25 | $58.7M | $57.5M | ||
| Q2 25 | $62.6M | $52.0M | ||
| Q1 25 | $63.0M | $48.2M | ||
| Q4 24 | $56.3M | $48.4M | ||
| Q3 24 | $53.3M | $35.6M | ||
| Q2 24 | $51.0M | $30.2M |
| Q1 26 | — | $51.3M | ||
| Q4 25 | $12.2M | $42.7M | ||
| Q3 25 | $7.8M | $26.7M | ||
| Q2 25 | $11.1M | $27.6M | ||
| Q1 25 | $12.0M | $36.2M | ||
| Q4 24 | $10.1M | $25.4M | ||
| Q3 24 | $8.6M | $15.4M | ||
| Q2 24 | $7.1M | $29.7M |
| Q1 26 | — | 50.9% | ||
| Q4 25 | 29.3% | 70.6% | ||
| Q3 25 | 33.2% | 61.9% | ||
| Q2 25 | 31.1% | 69.4% | ||
| Q1 25 | 32.1% | — | ||
| Q4 24 | 32.8% | 63.8% | ||
| Q3 24 | 26.6% | 58.6% | ||
| Q2 24 | 24.3% | 55.3% |
| Q1 26 | — | 37.9% | ||
| Q4 25 | 17.3% | 54.6% | ||
| Q3 25 | 13.2% | 46.4% | ||
| Q2 25 | 17.7% | 53.1% | ||
| Q1 25 | 19.1% | 75.1% | ||
| Q4 24 | 18.0% | 52.4% | ||
| Q3 24 | 16.1% | 43.4% | ||
| Q2 24 | 13.9% | 98.4% |
| Q1 26 | — | — | ||
| Q4 25 | $0.50 | $1.19 | ||
| Q3 25 | $0.32 | $0.75 | ||
| Q2 25 | $0.46 | $0.78 | ||
| Q1 25 | $0.50 | $1.00 | ||
| Q4 24 | $0.43 | $0.71 | ||
| Q3 24 | $0.37 | $0.44 | ||
| Q2 24 | $0.30 | $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 | $136.3M | — |
| Total DebtLower is stronger | $216.0M | — |
| Stockholders' EquityBook value | $408.6M | $196.7M |
| Total Assets | $3.0B | $454.3M |
| Debt / EquityLower = less leverage | 0.53× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $136.3M | $64.1M | ||
| Q3 25 | $72.5M | $104.1M | ||
| Q2 25 | $110.4M | $88.9M | ||
| Q1 25 | $131.5M | $88.9M | ||
| Q4 24 | $98.2M | $73.2M | ||
| Q3 24 | $120.6M | $80.1M | ||
| Q2 24 | $87.7M | $58.0M |
| Q1 26 | — | — | ||
| Q4 25 | $216.0M | — | ||
| Q3 25 | $215.7M | — | ||
| Q2 25 | $199.9M | — | ||
| Q1 25 | $199.7M | — | ||
| Q4 24 | $232.2M | — | ||
| Q3 24 | $232.0M | — | ||
| Q2 24 | $230.8M | — |
| Q1 26 | — | $196.7M | ||
| Q4 25 | $408.6M | $169.8M | ||
| Q3 25 | $397.4M | $155.3M | ||
| Q2 25 | $389.9M | $130.4M | ||
| Q1 25 | $380.2M | $125.8M | ||
| Q4 24 | $370.2M | $87.8M | ||
| Q3 24 | $362.4M | $61.1M | ||
| Q2 24 | $354.0M | $50.3M |
| Q1 26 | — | $454.3M | ||
| Q4 25 | $3.0B | $400.2M | ||
| Q3 25 | $2.9B | $367.0M | ||
| Q2 25 | $2.9B | $350.6M | ||
| Q1 25 | $2.8B | $298.1M | ||
| Q4 24 | $2.9B | $298.4M | ||
| Q3 24 | $2.9B | $252.9M | ||
| Q2 24 | $2.8B | $212.1M |
| Q1 26 | — | — | ||
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.51× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.63× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.65× | — |
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 | $126.3M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 10.35× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $126.3M | $70.6M | ||
| Q3 25 | $67.0M | $63.7M | ||
| Q2 25 | $-10.7M | $23.1M | ||
| Q1 25 | $36.3M | $52.5M | ||
| Q4 24 | $108.7M | $57.4M | ||
| Q3 24 | $24.6M | $35.1M | ||
| Q2 24 | $27.6M | $22.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $70.6M | ||
| Q3 25 | — | $63.6M | ||
| Q2 25 | — | $22.7M | ||
| Q1 25 | — | $52.5M | ||
| Q4 24 | — | $57.4M | ||
| Q3 24 | — | $35.1M | ||
| Q2 24 | — | $22.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 90.2% | ||
| Q3 25 | — | 110.6% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 108.9% | ||
| Q4 24 | — | 118.5% | ||
| Q3 24 | — | 98.6% | ||
| Q2 24 | — | 73.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 10.35× | 1.65× | ||
| Q3 25 | 8.63× | 2.39× | ||
| Q2 25 | -0.97× | 0.84× | ||
| Q1 25 | 3.02× | 1.45× | ||
| Q4 24 | 10.72× | 2.26× | ||
| Q3 24 | 2.86× | 2.27× | ||
| Q2 24 | 3.89× | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
