Core Insights - Fiverr International Ltd. reported strong financial results for Q3 2025, highlighting a commitment to AI transformation and operational efficiency, with the highest-ever Adjusted EBITDA and margin for a quarter [2][6]. Financial Performance - Q3 2025 revenue reached $107.9 million, an increase of 8.3% year-over-year from $99.6 million in Q3 2024 [7]. - Marketplace revenue was $73.6 million, down 2.0% from $75.1 million in Q3 2024 [7]. - Services revenue grew significantly to $34.3 million, a 39.6% increase from $24.6 million in Q3 2024 [7]. - Adjusted EBITDA for Q3 2025 was $24.2 million, compared to $19.7 million in Q3 2024, with an Adjusted EBITDA margin of 22.4%, up from 19.7% [7][21]. Key Metrics - Annual active buyers as of September 30, 2025, were 3.3 million, down 11.7% from 3.7 million a year earlier [7]. - Annual spend per buyer increased to $330, up 11.7% from $295 in the previous year [7]. - The marketplace take rate for the twelve months ended September 30, 2025, was 27.6%, a slight decrease from 27.8% [7]. Future Outlook - The company provided guidance for Q4 2025 revenue between $104.3 million and $112.3 million, reflecting year-over-year growth of 1% to 8% [5]. - Full-year 2025 revenue is expected to be between $428 million and $436 million, indicating a growth of 9% to 11% [5]. - Continued investments in AI and upmarket services are anticipated to drive future growth [6][7].