Israel's Fiverr Q1 revenue falls less than estimated; hikes FY EBITDA outlook

Fiverr International

29/04/2026 06:21

Overview

Israel-based freelance platform's Q1 revenue fell 1.6% yr/yr but beat analyst expectations

Q1 pretax profit missed analyst estimates

Company raised full-year Adjusted EBITDA guidance, reiterating revenue guidance

Outlook

Fiverr sees Q2 revenue between $95 mln and $103 mln

Company expects Q2 Adjusted EBITDA of $16 mln to $20 mln

Fiverr raises full-year 2026 Adjusted EBITDA guidance to $64 mln-$80 mln

Result Drivers

HIGHER-VALUE PROJECTS - Growth in projects over $1,000, with an 18% increase in clients completing these larger projects and more talent serving them, helped offset declines in other areas

SERVICES REVENUE GROWTH - Services revenue rose 30% yr/yr, partially offsetting the decline in marketplace revenue

FEWER ACTIVE BUYERS - Annual active buyers declined 17.8% yr/yr, contributing to lower marketplace revenue

Company press release: ID:nGNX1VdfjF

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$105.49 mln
$104.39 mln (11 Analysts)
Q1 EPS
$0.23
Q1 Net Income
$8.56 mln
Q1 Pretax Profit
Miss
$10.46 mln
$19.98 mln (4 Analysts)
Q1 Gross Profit
$86.66 mln
Q1 Operating Income
$8.50 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 8 "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 $15.50, about 49.6% above its April 28 closing price of $10.36

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)