Fiverr International Ltd.
- Open
- 9.45
- Day high
- 9.68
- Day low
- 9.16
- Prev close
- 9.43
- Volume
- 119K
- Mkt cap
- $332M
- P/E (TTM)
- 11.1
- EPS (TTM)
- $0.83
- P/B
- 0.8
- P/S
- 0.8
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$205K over the last 3 months (0 open-market buys, 10 sales)
- 🏛Institutions mixed (13F)
Fiverr International Ltd. (FVRR) is a Communication Services company listed on NYSE. The stock is down 60% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 10 sales (SEC Form 4). Drillr has 1 published research article covering FVRR.
Fiverr International Ltd. (FVRR) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 6 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
FVRR earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 29, 2026 | $0.53 | $0.50 | -4.9% | $98M | -2.5% |
| Apr 29, 2026 | $0.63 | $0.62 | -2.1% | $105M | +0.5% |
| Feb 18, 2026 | $0.76 | $0.86 | +13.2% | $107M | -4.7% |
| Nov 5, 2025 | $0.70 | $0.77 | +9.8% | $108M | -1.1% |
| Jul 30, 2025 | $0.72 | $0.69 | -4.0% | $109M | +0.4% |
| May 7, 2025 | $0.67 | $0.64 | -4.3% | $107M | +0.9% |
| Feb 19, 2025 | $0.67 | $0.64 | -4.8% | $104M | +1.4% |
| Oct 30, 2024 | $0.63 | $0.64 | +2.2% | $100M | -1.7% |
| Jul 31, 2024 | $0.59 | $0.58 | -1.7% | $95M | -2.1% |
| May 9, 2024 | $0.52 | $0.52 | +0.0% | $94M | +1.2% |
| Feb 22, 2024 | $0.52 | $0.56 | +7.7% | $92M | -1.1% |
| Nov 9, 2023 | $0.49 | $0.55 | +12.2% | $93M | +1.4% |
FVRR insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 19, 2026 | Zohar Nirdirector | Sell | 4,982 | $8.80 |
| Jul 29, 2026 | Garten Yaeldirector | Sell | 1,138 | $10.71 |
| Jul 28, 2026 | Qian Jinjinofficer: Chief Business Officer | Grant | 37,500 | — |
| Jul 28, 2026 | Qian Jinjinofficer: Chief Business Officer | Grant | 475 | — |
| Jul 17, 2026 | Zohar Nirdirector | Sell | 4,982 | $11.31 |
| Jul 14, 2026 | Levy Dadon Estherofficer: Chief Financial Officer | Sell | 2,000 | $11.04 |
| Jun 17, 2026 | Zohar Nirdirector | Sell | 4,988 | $10.06 |
| Jun 15, 2026 | Fisher Adam Ralphdirector | Sell | 0 | — |
| Jun 15, 2026 | Levy Dadon Estherofficer: Chief Financial Officer | Sell | 2,000 | $10.00 |
| Jun 12, 2026 | Fisher Adam Ralphdirector | Sell | 0 | — |
| Jun 10, 2026 | Fisher Adam Ralphdirector | Sell | 0 | — |
| Jun 8, 2026 | Fisher Adam Ralphdirector | Sell | 0 | — |
| Jun 4, 2026 | Fisher Adam Ralphdirector | Sell | 0 | — |
| Jun 2, 2026 | Qian Jinjinofficer: Chief Business Officer | Sell | 1,204 | $11.24 |
| Jun 2, 2026 | Katz Oferofficer: President | Grant | 10,000 | $9.34 |
Source: FVRR SEC Form 4 filings, latest Aug 19, 2026. For informational purposes only — not investment advice.
See the full FVRR insider & 13F page →FVRR research & analysis
Fiverr International Ltd. company profile
Overview
Fiverr International Ltd. (NYSE:FVRR) is an Israeli-founded online marketplace that connects businesses with freelancers across a wide range of digital services. Founded in 2010 and headquartered in Tel Aviv-Yafo, Israel, the company went public in June 2019. Fiverr has evolved from a simple gig marketplace into a comprehensive work platform that serves millions of active buyers and sellers globally, facilitating freelance work across hundreds of service categories.
Business
Fiverr operates as a two-sided digital marketplace that connects businesses seeking services with freelancers who provide them. The platform functions similarly to other marketplaces like Amazon or eBay, but specifically for digital services rather than physical products. When a business needs a logo designed, a website built, or marketing content created, they can browse Fiverr's marketplace to find and hire freelancers who offer these services. The company's core platform spans approximately 550 service categories organized into nine main verticals. These include graphic design and creative services, digital marketing, writing and translation, video and animation, music and audio production, programming and technology development, business consulting, data analysis, and lifestyle services. The marketplace enables what Fiverr calls "gigs" - specific service offerings that freelancers create and price, which buyers can then purchase. Beyond the core marketplace, Fiverr has expanded into complementary business segments: 1. Marketplace Revenue (approximately 73% of total revenue): The traditional platform where freelancers list services and buyers purchase them, with Fiverr taking a commission on each transaction. 2. Services Revenue (approximately 27% of total revenue): A rapidly growing segment that includes value-added services such as Fiverr Workspace (project management tools for freelancers), Fiverr Learn and CreativeLive (educational platforms), promotional advertising services for sellers, and subscription-based tools like AutoDS for e-commerce automation. The platform serves a diverse range of customers, from individual entrepreneurs and small businesses to large enterprises. Buyers typically include companies of all sizes looking to outsource specific projects or augment their internal teams, while sellers comprise freelancers and small service businesses seeking to monetize their skills and reach a global customer base.
Revenue model
Fiverr operates a commission-based marketplace model where it generates revenue by taking a percentage of each transaction between buyers and sellers. The company's primary revenue streams include transaction fees from completed projects, with a current take rate of approximately 34% of gross merchandise value. This means when a freelancer completes a $100 project, Fiverr retains about $34 while the freelancer receives $66. The company's dual revenue structure consists of marketplace commissions and value-added services. The marketplace segment generates revenue through transaction fees on completed gigs, while the services segment includes subscription fees for tools like Fiverr Workspace, advertising revenue from promoted gigs, educational course sales, and software-as-a-service offerings like AutoDS for e-commerce automation. Paying customers are primarily businesses of various sizes - from individual entrepreneurs to Fortune 500 companies - who need digital services completed. The platform has approximately 3.5 million active buyers who spend an average of $309 annually on the platform. These buyers range from small business owners needing a quick logo design to large enterprises requiring comprehensive digital marketing campaigns or software development projects. Several factors influence Fiverr's profit margins. Positive margin drivers include the company's ability to increase take rates through value-added services, growing adoption of higher-value complex services, improved AI-powered matching that reduces customer acquisition costs, and the platform's scalable technology infrastructure that doesn't require proportional cost increases as transaction volume grows. Negative margin pressures come from increased competition in the freelance marketplace space, potential economic downturns that reduce small business spending, the need for continuous technology investment to maintain platform competitiveness, and marketing costs required to acquire high-value buyers in an increasingly crowded digital marketplace.
Competitive moat
Fiverr's competitive moat is moderately strong but not insurmountable, built primarily on network effects and platform stickiness rather than proprietary technology or regulatory barriers. The company benefits from a classic two-sided marketplace dynamic where more buyers attract more sellers and vice versa, creating a self-reinforcing cycle that becomes difficult for competitors to replicate at scale. The platform's key defensive advantages include its established brand recognition in the freelance space, a large and diverse pool of over 4 million active service providers, comprehensive service category coverage across 550+ specialties, and increasingly sophisticated AI-powered matching capabilities that improve over time with more data. Fiverr has also built switching costs through integrated tools like Fiverr Workspace and long-term client relationships, particularly in its enterprise segment. However, the moat faces significant competitive pressures. The freelance marketplace space includes well-funded competitors like Upwork, which targets similar customers with a different pricing model, and newer entrants like Toptal that focus on premium talent. Additionally, professional networks like LinkedIn are expanding into freelance matching, while specialized platforms target specific verticals that Fiverr serves broadly. The rise of AI tools also presents a dual challenge - while Fiverr is integrating AI to enhance its platform, AI could potentially automate some of the simpler services that generate significant transaction volume on the platform. The company's moat is further challenged by relatively low barriers to entry for new marketplace platforms and the fact that successful freelancers often develop direct relationships with clients, potentially bypassing the platform for future work. While Fiverr's scale and brand provide meaningful advantages, the competitive landscape remains dynamic and the company must continuously innovate to maintain its market position.
Risks & safety
Fiverr demonstrates a moderate margin of safety with solid financial fundamentals but some areas of concern around valuation and profitability consistency. • Liquidity and Solvency: Strong cash position with $187 million in cash and short-term investments, positive free cash flow of $27 million in Q1 2025, current ratio of 1.20 indicating adequate short-term liquidity, though total liabilities exceed equity with debt-to-equity ratio of 1.28 • Profitability Trends: Inconsistent EBITDA performance with negative $911k in Q1 2025 despite positive revenue growth, historically volatile earnings with significant losses in 2022 followed by recovery in 2023-2024 • Valuation Concerns: Price-to-book ratio of 2.25 suggests moderate premium valuation, negative EV/EBITDA due to recent negative EBITDA complicates traditional valuation metrics, Graham number analysis suggests potential overvaluation relative to conservative value metrics • Operational Resilience: Consistent revenue growth trajectory with 15% year-over-year growth in Q1 2025, diversifying revenue streams with services segment growing 94% year-over-year, strong cash flow generation capabilities demonstrated over multiple quarters
Recent development
Over the past few years, Fiverr has undergone a significant strategic transformation from a simple gig marketplace to a comprehensive work platform. The company's most notable recent development is the launch of Fiverr Go, an AI-powered platform that provides personalized assistance to buyers and sellers. This initiative includes an AI assistant that helps customers create better project briefs and an AI creation model that generates samples, resulting in a 56% improvement in one-hour conversion rates for participating sellers. The company has aggressively expanded its services revenue segment, which grew from 15% of total revenue in 2023 to 27% in 2024, driven by acquisitions like AutoDS for e-commerce automation and organic growth in products like Fiverr Ads and Seller Plus subscriptions. Management expects this segment to reach 30% of total revenue by the end of 2025, representing a fundamental shift in the business model toward recurring and subscription-based revenue streams. Fiverr has also implemented an industry-first Freelancer Equity Program, giving top-performing freelancers actual equity shares in the company. This innovative approach aims to increase platform loyalty and retention among high-value service providers. Additionally, the company has focused heavily on moving upmarket, targeting enterprise customers and complex service categories, with these higher-value services now representing over one-third of marketplace gross merchandise value. The integration of artificial intelligence throughout the platform represents another major strategic pivot. Beyond Fiverr Go, the company launched Neo AI matching assistant, expanded its AI expert pool to over 10,000 freelancers, and saw 95% year-over-year growth in AI-related services. Rather than viewing AI as a threat, Fiverr has positioned itself as an enabler of AI-enhanced freelance work, creating new service categories and improving platform matching capabilities.
FVRR company profile · for informational purposes only — not investment advice.
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