FVRR (Fiverr International Ltd.) Stock Financials & Earnings | Market Cap Arena

FVRR (Fiverr International Ltd.) Stock Financials & Earnings | Market Cap Arena

FVRRFiverr International Ltd.

Mkt Cap$400M

Communication Services·Internet Content & Information·🇮🇱 Israel·NYSE

Revenue (TTM)$431M

Net Income (TTM)$21M

EPS (TTM)$0.57

Free Cash Flow (TTM)$110M

Gross Margin81.2%

Op. Margin-0.3%

Net Margin4.9%

FCF Margin25.4%

P/S Ratio (TTM)0.9x

P/E Ratio (TTM)19.1x

YoY Rev Growth+10.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$88M	$72M	-$7M
Q2 23	$89M	$74M	-$4M
Q3 23	$93M	$77M	-$2M
Q4 23	$92M	$76M	-$2M
Q1 24	$94M	$78M	-$4M
Q2 24	$95M	$79M	-$2M
Q3 24	$100M	$81M	-$3M
Q4 24	$104M	$83M	-$6M
Q1 25	$107M	$87M	-$5M
Q2 25	$109M	$88M	-$2M
Q3 25	$108M	$87M	$104K
Q4 25	$107M	$88M	$6M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.2x	—
Q2 23	1.2x	—
Q3 23	1.1x	—
Q4 23	1.1x	108.7x
Q1 24	1.1x	45.8x
Q2 24	1.1x	34.0x
Q3 24	1.1x	39.6x
Q4 24	1.0x	21.9x
Q1 25	1.0x	21.9x
Q2 25	1.0x	22.0x
Q3 25	0.9x	17.9x
Q4 25	0.9x	19.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$14M	$13M
Q2 23	$18M	$18M
Q3 23	$23M	$23M
Q4 23	$26M	$26M
Q1 24	$21M	$21M
Q2 24	$21M	$20M
Q3 24	$11M	$11M
Q4 24	$30M	$29M
Q1 25	$28M	$27M
Q2 25	$25M	$25M
Q3 25	$33M	$33M
Q4 25	$24M	$24M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$328K
Q2 23	$356K
Q3 23	$267K
Q4 23	$127K
Q1 24	$398K
Q2 24	$303K
Q3 24	$290K
Q4 24	$2M
Q1 25	$948K
Q2 25	$187K
Q3 25	$100K
Q4 25	$112K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+1.5%	-8.4%
Q2 23	+5.1%	-26.8%
Q3 23	+12.1%	-0.1%
Q4 23	+10.1%	+9.1%
Q1 24	+6.3%	+2.7%
Q2 24	+5.9%	+3.8%
Q3 24	+7.7%	+8.7%
Q4 24	+13.3%	+17.7%
Q1 25	+14.6%	+15.0%
Q2 25	+14.8%	+14.1%
Q3 25	+8.3%	+4.6%
Q4 25	+3.4%	-7.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$18M	19.0%
Q4 23	$0	0.0%
Q1 24	$19M	20.3%
Q2 24	$0	0.0%
Q3 24	$18M	18.5%
Q4 24	$18M	17.4%
Q1 25	$16M	14.7%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 23	$22M	$15M	$42M	—
Q2 23	$23M	$16M	$39M	—
Q3 23	$23M	$16M	$41M	—
Q4 23	$22M	$16M	$40M	—
Q1 24	$24M	$16M	$42M	—
Q2 24	$22M	$18M	$41M	—
Q3 24	$22M	$19M	$43M	—
Q4 24	$22M	$22M	$45M	—
Q1 25	$24M	$16M	$47M	—
Q2 25	$24M	$21M	$45M	—
Q3 25	$25M	—	—	$62M
Q4 25	$18M	—	—	$64M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$94M	$369M	$463M
Q2 23	$162M	$265M	$428M
Q3 23	$130M	$269M	$399M
Q4 23	$184M	$234M	$417M
Q1 24	$190M	$299M	$489M
Q2 24	$189M	$298M	$487M
Q3 24	$159M	$340M	$500M
Q4 24	$133M	$434M	$567M
Q1 25	$187M	$461M	$648M
Q2 25	$314M	$411M	$724M
Q3 25	$561M	$192M	$753M
Q4 25	$129M	$158M	$286M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	38M	+0.7%
Q2 23	38M	+0.6%
Q3 23	41M	+9.2%
Q4 23	39M	-5.1%
Q1 24	40M	+0.8%
Q2 24	39M	-2.1%
Q3 24	36M	-6.6%
Q4 24	39M	+7.6%
Q1 25	37M	-4.2%
Q2 25	37M	+0.6%
Q3 25	37M	-0.7%
Q4 25	37M	-1.5%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 17	—	—
FY 18	—	—
FY 19	$256K	419
FY 20	$348K	545
FY 21	$378K	787
FY 22	$429K	787
FY 23	$459K	787
FY 24	$514K	762
FY 25	$565K	762