NYSE$FVRR
Fiverr International · Q1 2025 earnings
Q1 2025 earnings · · Before market open · Investor relations
Briefing
Fiverr beats Q1 with 15% revenue growth, raises 2025 guidance
Fiverr reported Q1 2025 revenue of $107.2 million, up 14.6% year over year, with marketplace revenue stable at $77.7 million and services revenue surging 94% to $29.5 million. GAAP net income was $0.8 million ($0.02 per share) while non-GAAP net income reached $25.0 million ($0.64 diluted EPS). Adjusted EBITDA rose to $19.4 million with an 18.1% margin, and free cash flow grew 32% to $27.4 million. Management raised the low end of full-year 2025 revenue guidance to $425–438 million and Adjusted EBITDA to $84–90 million, citing strong execution on AI products and Fiverr Go.
- Revenue of $107.2M (+14.6% YoY) beat guidance midpoint; services revenue nearly doubled to $29.5M
- Non-GAAP diluted EPS of $0.64 vs $0.52 prior year; Adjusted EBITDA margin expanded to 18.1%
- Marketplace revenue dipped 0.8% to $77.7M but take rate improved to 27.7%; active buyers fell to 3.5M
- Free cash flow of $27.4M (+32% YoY) and $28.3M operating cash flow support capital return strategy
- FY2025 revenue guidance raised to $425–438M; Q2 revenue guided at $105–109M
Headline financials
Revenue & EPS history
Fiverr · Revenue · Quarterly
$107M
Revenue by segment
Fiverr · $107M total across 2 segments · Q1 2025
- Marketplace$77.7M—72.5%
- Services$29.5M—27.5%
Forward guidance
Management raised the low end of FY2025 revenue to $425–438M (9–12% growth) and Adjusted EBITDA to $84–90M. Q2 2025 revenue is guided at $105–109M with Adjusted EBITDA of $20–22M.
Tailwinds
- Raised full-year revenue and Adjusted EBITDA guidance after Q1 beat
- Strong incremental margins and expense discipline support margin outlook
Headwinds
- Macro volatility and declining active buyer count remain headwinds
- Marketplace revenue still flat year over year despite take-rate gains
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+3.0%
Avg return
Earnings day
+2.7%
Avg return
5 days after
+0.9%
Avg return
30 days after
60%
15 / 25 earnings
Positive
+26.5%
Q3 2022
Best reaction
-26.9%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.7% | +11.6% | +4.8% | |
| Q4 2025 | -6.0% | -18.7% | -21.8% | |
| Q3 2025 | -4.9% | +0.9% | -0.4% | |
| Q1 2025 | +8.8% | +18.6% | +26.1% | |
| Q3 2024 | +16.7% | +12.3% | +30.1% | |
| Q1 2024 | +15.7% | +27.8% | +20.7% | |
| Q4 2023 | -10.5% | -10.0% | -16.5% | |
| Q3 2023 | -9.3% | -3.4% | +10.7% | |
| Q2 2023 | +11.6% | +8.9% | -1.6% | |
| Q1 2023 | -2.6% | -2.0% | -3.6% | |
| Q4 2022 | +12.3% | +4.7% | -9.5% | |
| Q3 2022 | +26.5% | +29.2% | +8.9% | |
| Q2 2022 | +8.0% | +6.2% | -8.5% | |
| Q1 2022 | -15.7% | -9.3% | -7.3% | |
| Q4 2021 | -6.8% | -7.6% | -2.4% | |
| Q3 2021 | +13.1% | +14.2% | -21.1% | |
| Q2 2021 | -26.9% | -25.3% | -20.2% | |
| Q1 2021 | -1.9% | -4.0% | +7.6% | |
| Q4 2020 | +4.1% | -9.8% | -26.6% | |
| Q3 2020 | +3.2% | +1.9% | +38.4% | |
| Q2 2020 | +15.2% | +1.7% | +6.8% | |
| Q1 2019 | +8.4% | +21.2% | +41.9% | |
| Q4 2019 | +25.4% | +17.0% | -22.5% | |
| Q3 2019 | +4.5% | +0.7% | +7.0% | |
| Q2 2019 | -16.4% | -18.9% | -19.4% | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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