Fiverr FVRR
Fiverr is a digital services marketplace that connects gig workers with small business owners and enterprises. Examples of services offered on the platform include video creation, website development, and logo design.
- Ticker
- FVRR
- Headquarters
- Tel Aviv, Israel
- CEO
- Micha Kaufman
- IPO year
- 2019
- Sector
- Gig Services Platform
- Website
- fiverr.com
- Management
- Team & leadership ↗
Notes & Takes
"Despite being headquartered in Tel Aviv, Fiverr is listed on the NYSE. In an internal memo sent to employees in May 2025, CEO Micha Kaufman wrote, “AI is coming for your jobs—and mine too.”
In the fall of 2025 Fiverr layed off roughly 30% of their workforce. AI has certainly impacted gig jobs on the platform. Enterprise is where the growth should come from."
Company Financials
Quarterly Headlines
Full financial detail for each company lives in its Google Sheet, linked above. Best viewed on desktop.
Fiverr Q2 2026
Jun 30, 2026
- Revenue of $97 million down 10% YoY
- Marketplace revenue of $63 mill down 15%
- Annual active buyers of $2.7 mill down 22% YoY
- Active spend per buyer was $368
- Marketplace take rate was 28%
- GAAP gross margin was 81.7%
- GAAP net income was $4.5 million
- Free cash flow of $13.6 million down 45% YoY
- Guidance of revenue declined down 17% to 14% YoY, adjusted EBITDA of $52 to $62 million.
Fiverr Q1 2026
Mar 31, 2026
- Revenue of $105 million down 1.6%
- Marketplace revenue down 13.6%
- Annual active buyers of 2.9 million down from 3.5 million last year, an 18% decline
- Annual spend per buyer was $356
- Marketplace take rate the last 12 months was 27.7%
- Services revenue up 30% YoY to $38 million
- GAAP net income of $8.6 million or $0.23 per diluted share
- Net cash provided by operating activities was $21 million
- Adjusted EBITDA of $22.6 million with adjusted EBITDA margin of 21%
Fiverr Q4 2025
Dec 31, 2025
- Revenue of $107 million up 3.4%
- Marketplace revenue down 2.7%
- Annual active buyers of 3.1 million down 13.6% YoY
- Annual spend per buyer reached $342 up 13%
- Marketplace take rate was 27.7% flat YoY
- Services revenue of $35.6 million up 18%
- Net income of $11.5 million down from $12.8 million last year
- Net cash provided by operating activities was $21.9 million
- Total net income of $21 million for 2025 with cash from operating activities totaling $104 million, adjusted EBITDA of $92 million,
- Guiding for $60 to $80 million in adjusted EBITDA down substantially from 2025 as they focus on larger client spend and less transactional work completed by AI, revenue guidance of $380 million to $420 million, also down from 2025
Fiverr Q3 2025
Sep 30, 2025
- Marketplace revenue continued to benefit from strong growth in complex projects, resulting in higher ticket sized purchases and growth of customer wallet size
- What the market wants is clear high quality specialized talent says Micha Kaufman
- Revenue up 8.3%
- Marketplace revenue was down 2%
- Annual active buyers were 3.3 million down 11.7% YoY
- Annual spend per buyer reached $330 up 11.7% YoY
- Marketplace take rate was 27.6% for the 12 months ending Sept 30 2025
- Services revenue was up 39.6% YoY to $34.3 million
- GAAP net income of $5.5 million or $0.15 per diluted share
- Net cash provided by operating activities in the third quarter was $29.2 million
- Guidance for full year 2025 includes revenue up 10% and adjusted EBITDA of $90 million
Fiverr Q2 2025
Jun 30, 2025
- Revenue was up 14.8%
- Annual active buyers were 3.4 million down 10.9%
- Spend per buyer reached $318 up 9.8%
- Marketplace take rate was 27.6%
- GAAP gross margin was 81.2%
- GAAP net income was $3.2 million
- Net cash provided by operating activities in the second quarter was $25 million up 20%
Fiverr Q1 2025
Mar 31, 2025
- Revenue was up 14.6% YoY
- Annual active buyers were 3.5 million down 10.6% YoY
- Marketplace take rate was 27.7%
- Services revenue was up 94% while marketplace revenue was flat
- GAAP gross margin was 81%
- GAAP net income was $25 million
- Net cash provided by operating activities was $28 million