Fiverr International Ltd
NYSE:FVRR
Fiverr International Ltd
In the bustling digital marketplace, Fiverr International Ltd. emerged as a remarkable innovator, transforming the way people access freelance services. Founded in 2010, Fiverr reimagined the gig economy by creating a platform where freelancers could offer a wide range of services, or "gigs," starting at just five dollars. This concept shattered traditional pricing models, democratizing access to services that varied from graphic design to digital marketing, programming, and more specialized fields. Fiverr's journey is one of connecting diverse talent with global demand. Through an intuitive and frictionless interface, the company facilitates interactions between freelancers and businesses, enabling projects to be launched with the click of a button, transcending geographical constraints.
As the virtual marketplace thrives, Fiverr's revenue model stands as a testament to its innovative approach. The company primarily generates income by taking a commission from each transaction that occurs on its platform. This fee, typically a percentage of the gig's price, ensures that Fiverr earns revenue with every successful connection made between freelancer and client. Moreover, the platform has leveraged its reach by offering additional services such as promotional tools for freelancers and subscription-based programs, enhancing its revenue streams. In doing so, Fiverr not only capitalizes on the ever-growing demand for freelance work but also sets the stage for the future of work, where flexibility and access define the professional landscape.
In the bustling digital marketplace, Fiverr International Ltd. emerged as a remarkable innovator, transforming the way people access freelance services. Founded in 2010, Fiverr reimagined the gig economy by creating a platform where freelancers could offer a wide range of services, or "gigs," starting at just five dollars. This concept shattered traditional pricing models, democratizing access to services that varied from graphic design to digital marketing, programming, and more specialized fields. Fiverr's journey is one of connecting diverse talent with global demand. Through an intuitive and frictionless interface, the company facilitates interactions between freelancers and businesses, enabling projects to be launched with the click of a button, transcending geographical constraints.
As the virtual marketplace thrives, Fiverr's revenue model stands as a testament to its innovative approach. The company primarily generates income by taking a commission from each transaction that occurs on its platform. This fee, typically a percentage of the gig's price, ensures that Fiverr earns revenue with every successful connection made between freelancer and client. Moreover, the platform has leveraged its reach by offering additional services such as promotional tools for freelancers and subscription-based programs, enhancing its revenue streams. In doing so, Fiverr not only capitalizes on the ever-growing demand for freelance work but also sets the stage for the future of work, where flexibility and access define the professional landscape.
Revenue Growth: Fiverr's 2025 revenue grew 10%, accelerating from 8% in 2024, and Q4 revenue was $107.2 million, up 3% year-over-year.
Profitability: Adjusted EBITDA reached $92 million for 2025 (up 23% YoY) and was $26.5 million in Q4 with a record 25% margin.
Strategic Shift: The company is deprioritizing low-value transactions and focusing investment in high-value, complex projects and AI-native work.
2026 Outlook: Revenue is expected to decline in 2026, with full-year guidance of $380–$420 million, representing negative 12% to negative 3% growth.
Margin Guidance: 2026 adjusted EBITDA is guided to $60–$80 million with an 18% margin at the midpoint, pressured by investments in transformation.
AI Strategy: Management sees AI as expanding the work market, not reducing it, and is investing in data infrastructure, matching technology, and product to lead in AI-enabled talent matching.
Leadership Change: Esti becomes CFO and Jinjin steps into the new Chief Business Officer role, signaling continuity and focus on execution.
