Fiverr International Ltd. reported first‑quarter 2026 results, posting revenue of $105.5 million and earnings per share of $0.62, both in line with or slightly above analyst expectations. Adjusted EBITDA reached $22.6 million, translating to a margin of 21.4%, up from 18.1% in Q1 2025.
Revenue slipped 1.6% year‑over‑year, driven by a decline in marketplace transactions, while services revenue grew 30% and spend per buyer increased 15.4%, offsetting the drop in low‑value activity.
The margin expansion reflects a higher mix of high‑margin services and disciplined cost management. Adjusted EBITDA margin rose 3.3 percentage points, driven by the shift toward more profitable work and operational leverage.
Management guided for full‑year 2026 revenue of $380 million to $420 million, a 3% to 12% decline from the prior year, and adjusted EBITDA of $64 million to $80 million. For Q2 2026, revenue guidance of $95 million to $103 million signals a 5% to 13% year‑over‑year decline, while the company expects continued margin improvement.
CEO Micha Kaufman said, “The year started with execution reflecting the early momentum of our AI‑led transformation. Our multi‑year plan is moving into focus as we shift from a transactional marketplace to a sophisticated work platform. We are seeing a healthy flywheel effect in the high‑value work on Fiverr, with growth momentum across clients and talent who are engaged in complex projects.” CFO Esti Levy Dadon added, “We delivered a strong first quarter with both top and bottom lines exceeding the midpoint of our guidance. Revenue was $105.5 million, down 1.6% year‑over‑year, reflecting continued growth in high‑value work, offset by headwinds in low‑value transactional activity on the marketplace alongside a continued growth of Services revenue. Adjusted EBITDA was $22.6 million, up 16.3% y/y and representing an Adjusted EBITDA margin of 21%.”
Investors responded favorably, citing the revenue beat and margin expansion as evidence of successful execution of the AI‑led transformation.
The results underscore Fiverr’s strategic pivot toward higher‑value work, supported by AI‑native services and a focus on complex engagements. Leadership changes in February 2026, with Esti Levy Dadon promoted to CFO and Ofer Katz moving to President, reinforce the company’s commitment to scaling the new platform and pursuing strategic investments and M&A.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.