Fiverr Posts $105.49 Million Q1 Revenue, Lifts 2026 EBITDA Outlook to $64 Million-$80 Million
Updated
Updated · 24/7 Wall St. · Jun 2
Fiverr Posts $105.49 Million Q1 Revenue, Lifts 2026 EBITDA Outlook to $64 Million-$80 Million
1 articles · Updated · 24/7 Wall St. · Jun 2
$105.49 million in Q1 revenue topped expectations as Fiverr’s GAAP net income jumped 973% year over year to $8.56 million and adjusted EBITDA margin widened 330 basis points to 21.4%.
The stronger profitability let Fiverr raise full-year adjusted EBITDA guidance to $64 million-$80 million, even while keeping cautious revenue guidance that still implies a 3% to 12% annual decline.
Services revenue rose 30%, spend per buyer increased 15.4% to $356, projects worth $1,000 or more grew 18%, and AI development categories surged 118%, supporting management’s push toward higher-value work.
That progress is offset by pressure in the core marketplace: annual active buyers fell 17.8% to 2.9 million, and securities investigations tied to the Q4 2025 guidance reset remain an overhang.
At a June 1 close of $11.45, Fiverr carried a market value near $395 million, held $135.84 million in cash, and had $59.5 million left on its buyback authorization.
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