Fiverr Reports Revenue Surge and Net Income Growth

Fiverr International Ltd. sees Q1 revenue growth of 14.6%, with a slight net income increase. The company adjusts its future forecasts positively despite economic unease.

Date: 07-05-2025

AI Rating: 7

Growth in Key Financial Metrics
Fiverr International Ltd. has reported a solid performance for the first quarter, indicating a 14.6 percent increase in revenue, which reached $107.19 million. This growth is particularly driven by a remarkable 94% surge in Services revenue, indicating a favorable shift towards higher-margin offerings.

Notably, while the net income rose slightly from $0.788 million to $0.798 million, translating to earnings per share of $0.02, it remains minimal and suggests that the company is still tackling broader operational challenges. The adjusted EBITDA climbed to $19.4 million, up from $16.02 million in the previous year, which reflects improved profitability on an operational level.

However, the widening operating loss from $4.16 million to $5.2 million signals a potential concern regarding the company’s cost structure and competitive landscape. This could impact investor sentiment if it persists in the coming quarters.

Looking forward, Fiverr's guidance shows optimism. The company raised its revenue and adjusted EBITDA forecasts for 2025, estimating revenues between $425 million and $438 million (9% to 12% growth) and adjusted EBITDA of $84 million to $90 million. This signals a commitment to harnessing first-quarter momentum despite potential economic headwinds.

The forecast for the second quarter, with expected revenues between $105 million and $109 million (11% to 15% year-over-year growth), indicates that the company anticipates continued growth. Nonetheless, investor caution remains warranted given the noted operational losses.

Stocks: FVRR