Fiverr Reports Q3 Revenue Outperformance Amidst Long-term Traffic Decline Forecasts
Fiverr International Ltd. (FVRR) reported third-quarter revenue of $90.9 million, exceeding previous management guidance. The company achieved an adjusted EBITDA of $14.5 million, representing a 16% margin. CEO Micha Kaufman attributed this quarterly outperformance primarily to the strength of the services business, specifically highlighting growth within AutoDS and various e-commerce offerings. Despite the immediate beat, the company provided a cautious long-term outlook, forecasting revenue between $374 million and $380 million for 2026. Management also signaled potential headwinds by projecting steeper declines in marketplace traffic through 2027, suggesting a challenging growth environment ahead for the freelance services platform.
Tickers: $FVRR
Topics: earnings report EBITDA margin revenue growth services business
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