Fiverr tops Q3 revenue expectations despite 16% drop, raises FY guidance

Fiverr International

29/10/2026 05:13

Overview
Israel-based freelance marketplace's Q3 revenue fell 15.8% yr/yr but beat analyst expectations
Q3 pretax profit missed analyst expectations
Company raises FY 2026 guidance on tailwinds from high-profile AutoDS campaign and cost management

Outlook
Fiverr raises full-year 2026 revenue guidance to $374 mln-$380 mln
Company expects Q4 2026 revenue of $80 mln-$86 mln
Company anticipates ongoing demand and search traffic headwinds to continue through 2027

Result Drivers
SERVICES SEGMENT - Co said stronger than expected performance in services segment, driven by AutoDS and e-commerce expansion, helped results
SEARCH TRAFFIC HEADWINDS - Co said ongoing demand and search traffic headwinds across the marketplace, stemming from AI-related disruption to traditional SEO and SEM, weighed on results
STRICT EXPENSE MANAGEMENT - Co said continued strict expense management supported results

Company press release: ID:nGNX48TCdY

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$90.90 mln
$83.83 mln (9 Analysts)
Q3 EPS
 
$0.03
 
Q3 Net Income
 
$1.27 mln
 
Q3 Pretax Profit
Miss
$2.32 mln
$7.93 mln (4 Analysts)
Q3 Gross Profit
 
$73.86 mln
 
Q3 Operating Income
 
-$662,000
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy."
Wall Street's median 12-month price target for Fiverr International Ltd is $10.00, about 23.8% above its October 28 closing price of $8.08
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago

Reuters Recommended Reads
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Oct 28 - Israel's Radware Q3 revenue rises to record high on cloud demand
Oct 26 - MotorK nine-month revenue falls 13% on non-core exit; withdraws FY26 CARR guidance

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)