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Side-by-side financial comparison of RCI HOSPITALITY HOLDINGS, INC. (RICK) 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 $70.9M, roughly 1.9× RCI HOSPITALITY HOLDINGS, INC.). Sezzle Inc. runs the higher net margin — 37.9% vs -7.8%, a 45.6% gap on every dollar of revenue. On growth, Sezzle Inc. posted the faster year-over-year revenue change (29.2% vs -3.1%). Over the past eight quarters, Sezzle Inc.'s revenue compounded faster (111.9% CAGR vs -2.0%).

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

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.

RICK vs SEZL — Head-to-Head

Bigger by revenue
SEZL
SEZL
1.9× larger
SEZL
$135.5M
$70.9M
RICK
Growing faster (revenue YoY)
SEZL
SEZL
+32.3% gap
SEZL
29.2%
-3.1%
RICK
Higher net margin
SEZL
SEZL
45.6% more per $
SEZL
37.9%
-7.8%
RICK
Faster 2-yr revenue CAGR
SEZL
SEZL
Annualised
SEZL
111.9%
-2.0%
RICK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
RICK
RICK
SEZL
SEZL
Revenue
$70.9M
$135.5M
Net Profit
$-5.5M
$51.3M
Gross Margin
Operating Margin
-0.7%
50.9%
Net Margin
-7.8%
37.9%
Revenue YoY
-3.1%
29.2%
Net Profit YoY
-2354.9%
41.9%
EPS (diluted)
$-0.60

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.

Revenue
RICK
RICK
SEZL
SEZL
Q1 26
$135.5M
Q4 25
$78.2M
Q3 25
$70.9M
$57.5M
Q2 25
$71.1M
$52.0M
Q1 25
$65.9M
$48.2M
Q4 24
$71.5M
$48.4M
Q3 24
$73.2M
$35.6M
Q2 24
$76.2M
$30.2M
Net Profit
RICK
RICK
SEZL
SEZL
Q1 26
$51.3M
Q4 25
$42.7M
Q3 25
$-5.5M
$26.7M
Q2 25
$4.1M
$27.6M
Q1 25
$3.2M
$36.2M
Q4 24
$9.0M
$25.4M
Q3 24
$244.0K
$15.4M
Q2 24
$-5.2M
$29.7M
Operating Margin
RICK
RICK
SEZL
SEZL
Q1 26
50.9%
Q4 25
70.6%
Q3 25
-0.7%
61.9%
Q2 25
12.2%
69.4%
Q1 25
12.4%
Q4 24
19.5%
63.8%
Q3 24
4.8%
58.6%
Q2 24
-3.3%
55.3%
Net Margin
RICK
RICK
SEZL
SEZL
Q1 26
37.9%
Q4 25
54.6%
Q3 25
-7.8%
46.4%
Q2 25
5.7%
53.1%
Q1 25
4.9%
75.1%
Q4 24
12.6%
52.4%
Q3 24
0.3%
43.4%
Q2 24
-6.9%
98.4%
EPS (diluted)
RICK
RICK
SEZL
SEZL
Q1 26
Q4 25
$1.19
Q3 25
$-0.60
$0.75
Q2 25
$0.46
$0.78
Q1 25
$0.36
$1.00
Q4 24
$1.01
$0.71
Q3 24
$0.04
$0.44
Q2 24
$-0.56
$0.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RICK
RICK
SEZL
SEZL
Cash + ST InvestmentsLiquidity on hand
$33.7M
Total DebtLower is stronger
$238.2M
Stockholders' EquityBook value
$261.1M
$196.7M
Total Assets
$596.9M
$454.3M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RICK
RICK
SEZL
SEZL
Q1 26
Q4 25
$64.1M
Q3 25
$33.7M
$104.1M
Q2 25
$29.3M
$88.9M
Q1 25
$32.7M
$88.9M
Q4 24
$34.7M
$73.2M
Q3 24
$32.4M
$80.1M
Q2 24
$34.9M
$58.0M
Total Debt
RICK
RICK
SEZL
SEZL
Q1 26
Q4 25
Q3 25
$238.2M
Q2 25
$243.8M
Q1 25
$244.1M
Q4 24
Q3 24
$241.1M
Q2 24
Stockholders' Equity
RICK
RICK
SEZL
SEZL
Q1 26
$196.7M
Q4 25
$169.8M
Q3 25
$261.1M
$155.3M
Q2 25
$269.5M
$130.4M
Q1 25
$268.8M
$125.8M
Q4 24
$269.0M
$87.8M
Q3 24
$263.4M
$61.1M
Q2 24
$271.2M
$50.3M
Total Assets
RICK
RICK
SEZL
SEZL
Q1 26
$454.3M
Q4 25
$400.2M
Q3 25
$596.9M
$367.0M
Q2 25
$597.4M
$350.6M
Q1 25
$589.8M
$298.1M
Q4 24
$586.2M
$298.4M
Q3 24
$584.4M
$252.9M
Q2 24
$601.0M
$212.1M
Debt / Equity
RICK
RICK
SEZL
SEZL
Q1 26
Q4 25
Q3 25
0.91×
Q2 25
0.90×
Q1 25
0.91×
Q4 24
Q3 24
0.92×
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
RICK
RICK
SEZL
SEZL
Operating Cash FlowLast quarter
$13.7M
Free Cash FlowOCF − Capex
$11.5M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RICK
RICK
SEZL
SEZL
Q1 26
Q4 25
$70.6M
Q3 25
$13.7M
$63.7M
Q2 25
$13.8M
$23.1M
Q1 25
$8.5M
$52.5M
Q4 24
$13.3M
$57.4M
Q3 24
$15.7M
$35.1M
Q2 24
$15.8M
$22.2M
Free Cash Flow
RICK
RICK
SEZL
SEZL
Q1 26
Q4 25
$70.6M
Q3 25
$11.5M
$63.6M
Q2 25
$10.1M
$22.7M
Q1 25
$5.7M
$52.5M
Q4 24
$7.6M
$57.4M
Q3 24
$10.3M
$35.1M
Q2 24
$9.3M
$22.2M
FCF Margin
RICK
RICK
SEZL
SEZL
Q1 26
Q4 25
90.2%
Q3 25
16.2%
110.6%
Q2 25
14.2%
43.6%
Q1 25
8.6%
108.9%
Q4 24
10.6%
118.5%
Q3 24
14.0%
98.6%
Q2 24
12.3%
73.4%
Capex Intensity
RICK
RICK
SEZL
SEZL
Q1 26
Q4 25
0.1%
Q3 25
3.2%
0.3%
Q2 25
5.2%
0.8%
Q1 25
4.3%
0.1%
Q4 24
8.0%
0.1%
Q3 24
7.3%
0.0%
Q2 24
8.4%
0.1%
Cash Conversion
RICK
RICK
SEZL
SEZL
Q1 26
Q4 25
1.65×
Q3 25
2.39×
Q2 25
3.40×
0.84×
Q1 25
2.65×
1.45×
Q4 24
1.48×
2.26×
Q3 24
64.14×
2.27×
Q2 24
0.75×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

SEZL
SEZL

Segment breakdown not available.

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