FVRR

MKT CAP:$381M

Fiverr International Ltd.

Market Cap

$381M

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

Communication·Internet·🇮🇱·NYSE

Stock Price

$10.91-$8.77 (-44.56%)

Apr 17, 2026

Company Details

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes approximately 550 categories in nine verticals, including graphi...

CEO

Micha Kaufman

IPO Date

Jun 13, 2019

Website

www.fiverr.com

Key Metrics TTM

Revenue

$431M

+10.1% YoY

Net Income

$21M

EPS (Diluted)

$0.57

Free Cash Flow

$110M

Revenue / Share

$11.75

Gross Margin

81.2%

Operating Margin

-0.3%

Net Margin

4.9%

FCF Margin

25.4%

P/S

0.9x

P/E

18.1x

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

FY 2025

Mar 12, 2026

$431M+10.1%EPS $0.56

Q4 2025

Mar 12, 2026

$107M+3.4%EPS $0.31

Q3 2025

Nov 5, 2025

$108M+8.3%EPS $0.15

Q2 2025

Jul 30, 2025

$109M+14.8%EPS $0.09

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$87M	$70M	-$17M
Q2 22	$85M	$67M	-$43M
Q3 22	$83M	$67M	-$12M
Q4 22	$83M	$67M	-$2M
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	$104.0K
Q4 25	$107M	$88M	$6M

Valuation

Quarter	P/S	P/E
Q1 22	9.1x	—
Q2 22	4.5x	—
Q3 22	3.4x	—
Q4 22	3.3x	—
Q1 23	3.8x	—
Q2 23	3.0x	—
Q3 23	2.6x	—
Q4 23	3.0x	291.6x
Q1 24	2.2x	90.7x
Q2 24	2.1x	66.8x
Q3 24	2.4x	91.3x
Q4 24	2.9x	62.1x
Q1 25	2.1x	46.3x
Q2 25	2.5x	58.1x
Q3 25	2.2x	41.5x
Q4 25	1.7x	34.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$8M	$7M
Q2 22	$7M	$6M
Q3 22	$5M	$5M
Q4 22	$9M	$9M
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

Quarter	CapEx
Q1 22	$493.0K
Q2 22	$319.3K
Q3 22	$265.0K
Q4 22	$76.2K
Q1 23	$328.0K
Q2 23	$355.8K
Q3 23	$267.0K
Q4 23	$127.0K
Q1 24	$398.0K
Q2 24	$303.4K
Q3 24	$290.0K
Q4 24	$2M
Q1 25	$948.0K
Q2 25	$187.3K
Q3 25	$99.8K
Q4 25	$112.2K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+26.9%	+26.4%
Q2 22	+13.0%	+52.7%
Q3 22	+11.1%	+13.6%
Q4 22	+4.2%	-8.8%
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 22	$18M	20.8%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
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 22	$24M	$15M	$48M	—
Q2 22	$25M	$14M	$44M	—
Q3 22	$23M	$14M	$42M	—
Q4 22	$21M	$8M	$40M	—
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 22	$65M	$281M	$346M
Q2 22	$98M	$319M	$417M
Q3 22	$153M	$318M	$471M
Q4 22	$87M	$375M	$462M
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

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	37M	+0.5%	+2.2%
Q2 22	37M	+0.5%	+1.9%
Q3 22	37M	+0.5%	+1.9%
Q4 22	37M	+0.6%	+2.0%
Q1 23	38M	+0.7%	+2.3%
Q2 23	38M	+0.6%	+2.4%
Q3 23	41M	+9.2%	+11.2%
Q4 23	39M	-5.1%	+5.0%
Q1 24	40M	+0.8%	+5.1%
Q2 24	39M	-2.1%	+2.2%
Q3 24	36M	-6.6%	-12.5%
Q4 24	39M	+7.6%	-0.9%
Q1 25	37M	-4.2%	-5.8%
Q2 25	37M	+0.6%	-3.2%
Q3 25	37M	-0.7%	+2.8%
Q4 25	37M	-1.5%	-5.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$110.1K	787
Q2 22	$108.0K	787
Q3 22	$104.9K	787
Q4 22	$105.6K	787
Q1 23	$111.8K	787
Q2 23	$113.6K	787
Q3 23	$117.6K	787
Q4 23	$116.3K	787
Q1 24	$118.8K	787
Q2 24	$120.3K	787
Q3 24	$126.6K	787
Q4 24	$136.0K	762
Q1 25	$140.7K	762
Q2 25	$142.6K	762
Q3 25	$141.6K	762
Q4 25	$203.0K	528

Revenue / Employee