Fiverr Q3 revenue falls 15.8% to $90.9 million
Key points
- Fiverr (NYSE:FVRR) reported third-quarter 2026 revenue of $90.9 million, down 15.8% year over year, as marketplace revenue fell 24.7%.
- GAAP net income dropped to $1.3 million from $5.5 million, while adjusted EBITDA declined to $14.5 million from $24.2 million.
- Fiverr now expects 2026 revenue of $374 million–$380 million and adjusted EBITDA of $61 million–$65 million, while warning that marketplace traffic declines could intensify through 2027.
Fiverr (NYSE:FVRR) reported third-quarter 2026 revenue of $90.9 million, down 15.8% year over year, and raised its full-year financial guidance ranges.
Marketplace revenue fell 24.7%, while services revenue increased 3.4%, and annual active buyers declined 25.8% to 2.4 million.
GAAP net income dropped to $1.3 million from $5.5 million a year earlier, adjusted EBITDA declined to $14.5 million from $24.2 million, and free cash flow fell 67.8% to $9.4 million.
Fiverr now expects full-year 2026 revenue of $374 million–$380 million and adjusted EBITDA of $61 million–$65 million, while annual spend per buyer increased 12.9% to $373.
The company expects marketplace traffic declines to intensify through 2027 and pressure adjusted EBITDA margin, despite anticipated lower operating expenses, while quarter-end cash, deposits and marketable securities totaled $316.2 million.
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