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Side-by-side financial comparison of Sezzle Inc. (SEZL) and Star Equity Holdings, Inc. (STRR). Click either name above to swap in a different company.
Sezzle Inc. is the larger business by last-quarter revenue ($78.2M vs $56.8M, roughly 1.4× Star Equity Holdings, Inc.). Sezzle Inc. runs the higher net margin — 54.6% vs -3.0%, a 57.6% gap on every dollar of revenue. On growth, Star Equity Holdings, Inc. posted the faster year-over-year revenue change (69.0% vs 61.6%). Sezzle Inc. produced more free cash flow last quarter ($70.6M vs $-9.0M). Over the past eight quarters, Sezzle Inc.'s revenue compounded faster (76.0% CAGR vs 29.5%).
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.
Artists Equity is an American production company founded by actors and filmmakers Ben Affleck and Matt Damon in November 2022.
SEZL vs STRR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $56.8M |
| Net Profit | $42.7M | $-1.7M |
| Gross Margin | — | — |
| Operating Margin | 70.6% | -0.2% |
| Net Margin | 54.6% | -3.0% |
| Revenue YoY | 61.6% | 69.0% |
| Net Profit YoY | 68.3% | -192.1% |
| EPS (diluted) | $1.19 | $-0.49 |
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.
| Q4 25 | $78.2M | $56.8M | ||
| Q3 25 | $57.5M | $48.0M | ||
| Q2 25 | $52.0M | $35.5M | ||
| Q1 25 | $48.2M | $31.9M | ||
| Q4 24 | $48.4M | $33.6M | ||
| Q3 24 | $35.6M | $36.9M | ||
| Q2 24 | $30.2M | $35.7M | ||
| Q1 24 | $25.2M | $33.9M |
| Q4 25 | $42.7M | $-1.7M | ||
| Q3 25 | $26.7M | $-1.8M | ||
| Q2 25 | $27.6M | $-688.0K | ||
| Q1 25 | $36.2M | $-1.8M | ||
| Q4 24 | $25.4M | $-585.0K | ||
| Q3 24 | $15.4M | $-846.0K | ||
| Q2 24 | $29.7M | $-441.0K | ||
| Q1 24 | $8.0M | $-2.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 50.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 70.6% | -0.2% | ||
| Q3 25 | 61.9% | -3.4% | ||
| Q2 25 | 69.4% | -0.6% | ||
| Q1 25 | — | -5.4% | ||
| Q4 24 | 63.8% | -0.4% | ||
| Q3 24 | 58.6% | -1.2% | ||
| Q2 24 | 55.3% | -0.5% | ||
| Q1 24 | 54.8% | -9.0% |
| Q4 25 | 54.6% | -3.0% | ||
| Q3 25 | 46.4% | -3.7% | ||
| Q2 25 | 53.1% | -1.9% | ||
| Q1 25 | 75.1% | -5.5% | ||
| Q4 24 | 52.4% | -1.7% | ||
| Q3 24 | 43.4% | -2.3% | ||
| Q2 24 | 98.4% | -1.2% | ||
| Q1 24 | 31.7% | -8.6% |
| Q4 25 | $1.19 | $-0.49 | ||
| Q3 25 | $0.75 | $-0.54 | ||
| Q2 25 | $0.78 | $-0.23 | ||
| Q1 25 | $1.00 | $-0.59 | ||
| Q4 24 | $0.71 | $-0.21 | ||
| Q3 24 | $0.44 | $-0.28 | ||
| Q2 24 | $0.82 | $-0.15 | ||
| Q1 24 | $0.22 | $-0.95 |
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 | $10.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $169.8M | $65.7M |
| Total Assets | $400.2M | $113.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.1M | $10.3M | ||
| Q3 25 | $104.1M | $15.4M | ||
| Q2 25 | $88.9M | $16.8M | ||
| Q1 25 | $88.9M | $16.6M | ||
| Q4 24 | $73.2M | $17.0M | ||
| Q3 24 | $80.1M | $15.8M | ||
| Q2 24 | $58.0M | $14.7M | ||
| Q1 24 | $77.8M | $20.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | $6.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $169.8M | $65.7M | ||
| Q3 25 | $155.3M | $67.8M | ||
| Q2 25 | $130.4M | $40.1M | ||
| Q1 25 | $125.8M | $39.5M | ||
| Q4 24 | $87.8M | $40.4M | ||
| Q3 24 | $61.1M | $42.9M | ||
| Q2 24 | $50.3M | $42.6M | ||
| Q1 24 | $29.6M | $44.3M |
| Q4 25 | $400.2M | $113.2M | ||
| Q3 25 | $367.0M | $117.1M | ||
| Q2 25 | $350.6M | $55.6M | ||
| Q1 25 | $298.1M | $53.2M | ||
| Q4 24 | $298.4M | $52.6M | ||
| Q3 24 | $252.9M | $52.6M | ||
| Q2 24 | $212.1M | $52.6M | ||
| Q1 24 | $195.7M | $52.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $-7.3M |
| Free Cash FlowOCF − Capex | $70.6M | $-9.0M |
| FCF MarginFCF / Revenue | 90.2% | -15.8% |
| Capex IntensityCapex / Revenue | 0.1% | 3.0% |
| Cash ConversionOCF / Net Profit | 1.65× | — |
| TTM Free Cash FlowTrailing 4 quarters | $209.3M | $-13.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $70.6M | $-7.3M | ||
| Q3 25 | $63.7M | $-2.7M | ||
| Q2 25 | $23.1M | $139.0K | ||
| Q1 25 | $52.5M | $-802.0K | ||
| Q4 24 | $57.4M | $-2.8M | ||
| Q3 24 | $35.1M | $1.3M | ||
| Q2 24 | $22.2M | $-4.3M | ||
| Q1 24 | $16.0M | $-1.8M |
| Q4 25 | $70.6M | $-9.0M | ||
| Q3 25 | $63.6M | $-3.4M | ||
| Q2 25 | $22.7M | $102.0K | ||
| Q1 25 | $52.5M | $-808.0K | ||
| Q4 24 | $57.4M | $-2.8M | ||
| Q3 24 | $35.1M | $1.3M | ||
| Q2 24 | $22.2M | $-4.3M | ||
| Q1 24 | $16.0M | $-1.8M |
| Q4 25 | 90.2% | -15.8% | ||
| Q3 25 | 110.6% | -7.0% | ||
| Q2 25 | 43.6% | 0.3% | ||
| Q1 25 | 108.9% | -2.5% | ||
| Q4 24 | 118.5% | -8.3% | ||
| Q3 24 | 98.6% | 3.4% | ||
| Q2 24 | 73.4% | -12.0% | ||
| Q1 24 | 63.3% | -5.3% |
| Q4 25 | 0.1% | 3.0% | ||
| Q3 25 | 0.3% | 1.3% | ||
| Q2 25 | 0.8% | 0.1% | ||
| Q1 25 | 0.1% | 0.0% | ||
| Q4 24 | 0.1% | 0.1% | ||
| Q3 24 | 0.0% | 0.0% | ||
| Q2 24 | 0.1% | 0.0% | ||
| Q1 24 | 0.0% | 0.0% |
| Q4 25 | 1.65× | — | ||
| Q3 25 | 2.39× | — | ||
| Q2 25 | 0.84× | — | ||
| Q1 25 | 1.45× | — | ||
| Q4 24 | 2.26× | — | ||
| Q3 24 | 2.27× | — | ||
| Q2 24 | 0.75× | — | ||
| Q1 24 | 2.00× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
STRR
| Revenue From Other Contracts With Customers | $27.6M | 49% |
| Other | $24.3M | 43% |
| Energy Services Segment | $4.9M | 9% |
