Fiverr Beats Earnings Estimates and Raises 2025 Outlook

Published 21 hours agoFVRR

Fiverr Beats Earnings Estimates and Raises 2025 Outlook

Fiverr International Ltd. (NYSE: FVRR) has posted strong first quarter results for 2025, surpassing analyst expectations and leading to an upward revision of its fiscal year guidance. The company reported an earnings per share of $0.64, beating the estimate of $0.61, while revenue reached $103.7 million, again topping the forecast of $101.37 million, according to investing.com.

Despite a decline in active buyers by 10% to 3.6 million, Fiverr saw a positive increase in the average spend per buyer by 8.6%. Services revenue grew significantly by 102.1% year-over-year, hitting $30.2 million, driven by rising demand for freelance services. Moreover, adjusted EBITDA was $20.7 million, in line with the higher range of management’s guidance, and GAAP net income improved markedly to $12.8 million from last year’s $4.7 million.

Fiverr has adjusted its revenue expectations for the first quarter of 2025 to range from $103.5 million to $108.5 million, suggesting a year-over-year growth of 11% to 16%. For the full year, the company anticipates revenue between $422.0 million and $438.0 million, which would represent growth of 8% to 12%. This optimistic outlook follows the successful introduction of Fiverr Go, a new AI platform aimed at boosting freelancer productivity and handling complex projects, reports fool.com.

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