Overview
- Revenue rose 8.3% to $107.903 million and adjusted EPS came in at $0.77, both beating analyst expectations.
- Marketplace revenue declined 2% to $73.6 million while services revenue jumped 39.6% to $34.3 million, highlighting a changing mix.
- Annual active buyers fell 11.7% to 3.3 million, but annual spend per buyer increased 11.7% to $330.
- Adjusted gross margin reached 84.2% and adjusted EBITDA margin expanded to 22.4%, with record adjusted EBITDA, $29.2 million in operating cash flow, and $712.47 million in cash and equivalents.
- Fiverr guided Q4 revenue to $104.3 million–$112.3 million, kept full‑year revenue at $428 million–$436 million, raised adjusted EBITDA to $88 million–$93 million, and shares traded about 2% higher premarket.