SZZL

MKT CAP:$243M

Sizzle Acquisition Corp. II

Market Cap

$243M

Financial Services·Shell Companies·🇺🇸 United States·NASDAQ

Financials·Shell Companies·🇺🇸·NASDAQ

Stock Price

$10.29+$0.14 (+1.43%)

Apr 21, 2026

Company Details

Sizzle Acquisition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2024 and...

CEO

Steve Salis

IPO Date

May 23, 2025

Website

www.sizzlespacII.com

Key Metrics TTM

Revenue

$0

— YoY

Net Income

$4M

EPS (Diluted)

$0.16

Free Cash Flow

-$1M

Revenue / Share

$0.00

Gross Margin

—

Operating Margin

—

Net Margin

—

FCF Margin

—

P/S

—

P/E

60.6x

Earnings Reports

FY 2025

Mar 12, 2026

$0EPS $0.37

Q4 2025

Mar 12, 2026

$0EPS $0.07

Q2 2025

Aug 13, 2025

$0EPS $0.11

Q1 2025

Mar 30, 2025

$0EPS -$0.00

FY 2024

Dec 31, 2024

$0EPS -$0.02

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 20	$0	$0	-$2.6K
Q1 21	$0	$0	-$1.1K
Q2 21	$0	$0	-$6.5K
Q3 21	$0	$0	-$1.4K
Q4 21	$0	$0	-$888.3K
Q2 22	$0	$0	-$395.3K
Q3 22	$0	$0	-$649.7K
Q4 22	$0	$0	-$943.5K
Q1 23	$0	$0	-$645.7K
Q2 23	$0	$0	-$539.0K
Q3 23	$0	$0	-$619.4K
Q1 25	$0	$0	-$42.1K
Q2 25	$0	$0	-$206.9K
Q4 25	$0	$0	-$143.4K

Valuation

Quarter	P/S	P/E
Q4 20	—	—
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q4 21	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	4059.8x
Q2 23	—	—
Q3 23	—	—
Q1 25	—	—
Q2 25	—	190.5x
Q4 25	—	59.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 20	$0	$0
Q1 21	-$1.1K	-$1.1K
Q2 21	-$1.5K	-$1.5K
Q3 21	-$1.2K	-$1.2K
Q4 21	-$566.6K	-$566.6K
Q2 22	-$118.3K	-$118.3K
Q3 22	-$124.8K	-$124.8K
Q4 22	-$477.6K	-$477.6K
Q1 23	-$295.9K	-$295.9K
Q2 23	-$155.5K	-$155.5K
Q3 23	-$232.9K	-$232.9K
Q2 25	-$322.2K	-$322.2K

Capital Expenditures

Quarter	CapEx
Q4 20	$0
Q1 21	$0
Q2 21	$0
Q3 21	$0
Q4 21	$0
Q2 22	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q2 25	$4

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	—	+33521.0%
Q2 22	—	+36197.2%
Q3 22	—	+9902.4%
Q4 22	—	+65149.3%
Q1 23	—	-27.3%
Q2 23	—	+36.4%
Q3 23	—	-4.7%
Q1 25	—	-95.5%
Q2 25	—	-67.9%
Q4 25	—	-73.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 20	$0	—
Q1 21	$0	—
Q2 21	$0	—
Q3 21	$0	—
Q4 21	$0	—
Q2 22	$0	—
Q3 22	$0	—
Q4 22	$0	—
Q1 23	$0	—
Q2 23	$0	—
Q3 23	$0	—
Q2 25	$0	—

OpEx Breakdown

Quarter	G&A	SG&A
Q4 20	$2.6K	—
Q1 21	$1.1K	—
Q2 21	$6.5K	—
Q3 21	$1.4K	—
Q4 21	$888.3K	—
Q2 22	$222.1K	—
Q3 22	$594.5K	—
Q4 22	$1M	—
Q1 23	—	$623.3K
Q2 23	—	$516.0K
Q3 23	—	$609.3K
Q1 25	$42.1K	—
Q4 25	—	$143.4K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 21	$22.4K	$0	$22.4K
Q3 21	$21.2K	$0	$21.2K
Q4 21	$1M	$0	$1M
Q1 22	$781.7K	$0	$781.7K
Q2 22	$663.4K	$0	$663.4K
Q3 22	$538.6K	$0	$538.6K
Q4 22	$823.9K	$0	$823.9K
Q1 23	$378.9K	$0	$378.9K
Q2 23	$23.4K	$0	$23.4K
Q3 23	$1.1K	$0	$1.1K
Q1 25	$0	$0	$0
Q2 25	$1M	$0	$1M
Q3 25	$935.7K	$0	$935.7K
Q4 25	$805.1K	$237M	$238M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 20	2M	—	—
Q1 21	2M	0.0%	—
Q2 21	2M	0.0%	—
Q3 21	2M	0.0%	—
Q4 21	2M	0.0%	0.0%
Q2 22	22M	+849.4%	+849.4%
Q3 22	22M	0.0%	+849.4%
Q4 22	16M	-28.8%	+575.9%
Q1 23	16M	+4.5%	+606.7%
Q2 23	8M	-50.0%	-62.8%
Q3 23	8M	0.0%	-62.8%
Q1 25	31M	+285.7%	+101.7%
Q2 25	19M	-40.2%	+15.4%
Q4 25	31M	+67.3%	+285.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 20	—	—
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q4 21	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q1 25	—	—
Q2 25	—	—
Q4 25	$0	3

Revenue / Employee