Quarterly ResultApr 29, 2026, 01:01 AM
FVRR Q1 Revenue $105.5M; Adj. EBITDA $22.6M; FY26 Adj. EBITDA Guidance Raised
AI Summary
Fiverr International Ltd. reported Q1 2026 financial results, with revenue decreasing 1.6% year-over-year to $105.5 million, though exceeding guidance midpoint. The company achieved significant growth in GAAP net income to $8.6 million and Adjusted EBITDA to $22.6 million, surpassing guidance. Despite a decline in active buyers, annual spend per buyer increased by 15.4%. Fiverr also raised its full-year 2026 Adjusted EBITDA guidance while reiterating its revenue outlook, reflecting disciplined execution and ongoing transformation efforts towards a sophisticated work platform.
Key Highlights
- Q1 2026 Revenue: $105.5 million, a 1.6% decrease year-over-year.
- Q1 2026 GAAP Net Income: $8.6 million, up from $0.8 million year-over-year.
- Q1 2026 Adjusted EBITDA: $22.6 million, up from $19.4 million year-over-year.
- Q1 2026 Diluted EPS: $0.23, up from $0.02 year-over-year.
- Annual active buyers: 2.9 million, a 17.8% decrease year-over-year.
- Annual spend per buyer: $356, a 15.4% increase year-over-year.
- Full-year 2026 Adjusted EBITDA guidance raised to $64-$80 million.
- Full-year 2026 Revenue guidance reiterated at $380-$420 million.