Fiverr platform

Search documents
Fiverr Announces Second Quarter 2025 Results
Globenewswireยท 2025-07-30 05:00
Core Viewpoint - Fiverr International Ltd. reported strong financial results for Q2 2025, highlighting the significant impact of AI on its business model and growth strategy [2][4]. Financial Performance - Revenue for Q2 2025 was $108.6 million, a 14.8% increase from $94.7 million in Q2 2024 [5]. - Marketplace revenue decreased by 2.0% year-over-year to $74.7 million, down from $76.2 million [5]. - Services revenue surged by 83.8% year-over-year to $34.0 million, compared to $18.5 million in Q2 2024 [5]. - Annual active buyers decreased by 10.9% to 3.4 million as of June 30, 2025, down from 3.8 million [5]. - Annual spend per buyer increased by 9.8% to $318, up from $290 [5]. - GAAP net income for Q2 2025 was $3.2 million, compared to $3.3 million in Q2 2024 [5]. - Non-GAAP net income rose to $27.4 million, up from $23.8 million in the same quarter last year [5]. Operational Highlights - The company emphasized the rapid expansion of AI-related services, particularly in areas like AI agents and workflow automation [4]. - Fiverr Pro's Managed Services showed meaningful growth, driven by high-value transactions and repeat clients [4]. - The company reiterated its full-year guidance for revenue and Adjusted EBITDA, reflecting confidence in its operational execution [4][7]. Financial Outlook - For Q3 2025, Fiverr expects revenue between $105 million and $110 million, representing a year-over-year growth of 5% to 10% [8]. - Full-year 2025 revenue guidance is set between $425 million and $438 million, with a growth expectation of 9% to 12% [8]. - Adjusted EBITDA for Q3 2025 is projected to be between $21.5 million and $23.5 million, with full-year guidance of $84 million to $90 million [8].