Fiverr International (NYSE:FVRR) reported fiscal first-quarter 2025 results on Wednesday.
The company’s quarterly sales growth of 14.6% year-on-year to $107.2 million beat the analyst consensus estimate of $106.1 million. Fiverr also reported adjusted earnings per share of 64 cents, beating the analyst consensus estimate of 59 cents.
As of March 31, there were 3.5 million active buyers versus 4 million last year. The spend per buyer rose 8.8% year over year to $309.
Also Read: Fiverr Beats Estimates In Q4, Projects AI-Powered Expansion And Rising Buyer Spend
The marketplace take rate expanded by 20 bps to 27.7%.
The adjusted gross margin declined 50 basis points to 84.4%, while the adjusted EBITDA margin expanded 100 basis points to 18.1%.
The operating loss for the quarter was $(5.2) million, compared to a loss of $(4.2) million last year.
As of March 31, 2024, Fiverr generated $28.3 million in operating cash flow and held $502.1 million in cash and equivalents.
CEO Micha Kaufman attributed the quarterly results to stable Marketplace performance, robust Services revenue growth, and rapid AI product expansion. Following its Fiverr Go launch, the company noted positive signs on buyer conversion, with buyers converting more and faster, as well as making more quality purchase decisions.
Outlook: Fiverr expects second-quarter fiscal 2025 revenue of $105 million-$109 million, against the analyst consensus estimate of $94.7 million. Adjusted EBITDA of $20 million-$22 million.
Price Action: Fiverr stock is up 2.91% at $27.57 premarket at the last check on Wednesday.
Read Next:
Image: Shutterstock
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
