Fiverr Jumps After Q1 Results Show Profit Gains Despite Marketplace Slump

Overview

• Shares rose about 10% in pre-market trading to $11.40 after the company posted its first-quarter results.
• Quarterly revenue slipped 1.6% to $105.5 million as GAAP net income increased to $8.6 million and adjusted EBITDA reached $22.6 million.
• The core marketplace weakened with revenue down 13.6% to $67.1 million and annual active buyers down 17.8% to 2.9 million.
• Higher-value services cushioned the decline as services revenue grew 30% to $38.4 million and spend per buyer rose 15.4% to $356 with a steady 27.7% take rate.
• Management guided Q2 revenue to $95 million–$103 million and adjusted EBITDA to $16 million–$20 million as it frames 2026 as a shift to AI-led, higher-value work.