NYSE : FVRR

Fiverr International Ltd. — Financial statements

Communication Services · Internet Content & Information · Israel

Last price 8.39 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 301.63M

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Financial statements

Fiverr International Ltd. (FVRR) reported revenue of 401.35M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue401.35M430.91M391.48M361.38M337.37M297.66M
Cost of Revenue72.59M79.42M70.57M61.85M65.95M51.72M
Gross Profit328.76M351.49M320.92M299.53M271.42M245.94M
Selling, General & Admin215.29M247.05M246.02M223.92M225.76M211.47M
Research & Development68.72M87.24M90.24M90.72M92.56M79.30M
Operating Expenses284.00M334.29M336.26M314.64M318.32M290.77M
Operating Income44.75M17.20M-15.34M-15.11M-46.91M-44.83M
Interest Expense-2.14M-2.14M-2.56M-2.54M-2.53M-20.03M
Interest & Investment Income12.19M26.29M26.50M22.42M12.87M9.83M
Currency Exchange Gain (Loss)-1.16M-1.16M-859.00K131.00K1.14M-1.27M
Other Non Operating Income (Expenses)-282.00K-282.00K-138.00K-580.00K-1.47M-8.04M
EBT Excluding Unusual Items53.36M39.91M7.61M4.32M-36.90M-64.34M
Merger & Restructuring Charges-3.68M-3.68M-476.00K-510.00K
Gain (Loss) on Sale of Investments1.13M1.13M4.75M730.00K-6.38M
Gain (Loss) on Sale of Assets750.00K750.00K
Asset Writedown-2.40M-2.40M-27.63M
Other Unusual Items-20.56M-12.30M
Pretax Income28.61M23.42M11.89M5.05M-70.91M-64.85M
Income Tax Expense2.84M2.43M-6.36M1.37M577.00K159.00K
Net Income25.76M20.98M18.25M3.68M-71.49M-65.01M
Net Income to Common25.76M20.98M18.25M3.68M-71.49M-65.01M
Shares Outstanding (Basic)36.30M36.28M36.98M38.07M36.86M35.96M
Shares Outstanding (Diluted)36.77M37.17M37.84M39.15M36.86M35.96M
EPS (Basic)0.710.580.490.10-1.94-1.81
EPS (Diluted)0.690.560.480.09-1.94-1.81
Free Cash Flow65.80M103.94M81.77M82.13M28.91M36.35M
Free Cash Flow Per Share1.792.802.162.100.791.01
Gross Margin81.91%81.57%81.97%82.89%80.45%82.62%
Operating Margin11.15%3.99%-3.92%-4.18%-13.90%-15.06%
Profit Margin6.42%4.87%4.66%1.02%-21.19%-21.84%
Free Cash Flow Margin16.39%24.12%20.89%22.73%8.57%12.21%
EBITDA58.29M31.90M-4.87M-9.12M-36.72M-37.95M
EBITDA Margin14.52%7.40%-1.24%-2.52%-10.88%-12.75%
D&A For EBITDA13.54M14.69M10.48M5.99M10.19M6.88M
EBIT44.75M17.20M-15.34M-15.11M-46.91M-44.83M
EBIT Margin11.15%3.99%-3.92%-4.18%-13.90%-15.06%
Effective Tax Rate9.94%10.39%27.17%
Advertising Expenses132.02M122.02M112.80M119.52M108.64M

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents125.47M125.22M133.47M183.67M86.75M71.15M
Short-Term Investments116.00M157.71M433.79M233.70M375.29M252.15M
Cash & Short-Term Investments241.47M282.92M567.26M417.37M462.05M323.30M
Accounts Receivable16.28M16.28M13.23M
Other Receivables36.42M1.43M6.70M4.79M18.96M13.46M
Receivables36.42M17.70M22.97M18.02M18.96M13.46M
Prepaid Expenses3.31M3.69M3.66M
Restricted Cash1.14M2.92M
Other Current Assets149.78M176.71M162.16M155.42M143.08M128.53M
Total Current Assets427.66M480.64M756.08M594.48M625.22M468.22M
Property, Plant & Equipment3.86M6.87M9.39M11.46M14.74M18.28M
Long-Term Investments74.75M122.01M328.33M189.84M317.52M
Goodwill126.31M126.31M110.22M77.27M77.27M77.27M
Other Intangible Assets27.37M36.55M41.88M10.72M14.77M49.22M
Long-Term Deferred Tax Assets30.36M26.42M22.52M
Other Long-Term Assets4.93M7.79M7.87M1.35M1.97M1.05M
Total Assets695.25M684.60M1.07B1.02B923.80M931.57M
Accounts Payable11.24M9.08M5.53M5.49M8.63M8.70M
Accrued Expenses54.13M52.92M43.62M39.56M40.31M
Current Portion of Long-Term Debt457.86M2.27M
Current Portion of Leases1.31M3.37M2.61M2.57M2.75M3.06M
Current Unearned Revenue16.04M18.57M20.09M11.05M11.35M12.14M
Other Current Liabilities209.69M163.75M145.93M142.70M134.80M122.57M
Total Current Liabilities238.27M248.89M684.95M205.43M197.10M189.04M
Long-Term Debt455.31M452.76M372.08M
Long-Term Leases441.00K798.00K2.75M4.48M6.65M10.48M
Long-Term Deferred Tax Liabilities3.56M3.82M1.80M474.00K
Other Long-Term Liabilities13.60M19.36M15.81M813.00K1.08M13.10M
Total Liabilities252.32M272.62M707.32M667.83M658.07M584.70M
Common Stock815.26M
Additional Paid-In Capital786.20M727.18M640.85M565.83M585.55M
Retained Earnings-371.45M-377.74M-366.19M-284.36M-288.04M-237.59M
Comprehensive Income & Other-875.00K3.53M1.67M-714.00K-12.06M-1.09M
Shareholders' Equity442.93M411.98M362.65M355.77M265.73M346.87M
Total Liabilities & Equity695.25M684.60M1.07B1.02B923.80M931.57M
Total Debt1.75M4.16M463.21M462.36M462.17M387.88M
Net Cash (Debt)314.47M278.76M226.06M283.35M189.72M252.94M
Net Cash Per Share8.557.505.977.245.157.03
Filing Date Shares Outstanding36.82M35.95M35.91M38.70M37.76M36.80M
Total Common Shares Outstanding36.82M36.09M35.84M38.65M37.54M36.76M
Working Capital189.39M231.75M71.14M389.05M428.12M279.17M
Book Value Per Share12.0311.4110.129.207.089.44
Tangible Book Value289.25M249.12M210.55M267.78M173.69M220.38M
Tangible Book Value Per Share7.866.905.876.934.635.99
Machinery8.05M8.44M7.58M6.99M6.08M
Leasehold Improvements6.45M6.43M6.36M6.27M6.18M

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income25.76M20.98M18.25M3.68M-71.49M-65.01M
Depreciation & Amortization13.54M14.69M10.48M5.99M10.19M6.88M
Other Amortization214.00K2.14M2.56M2.54M2.53M20.03M
Loss (Gain) From Sale of Assets-750.00K-750.00K
Asset Writedown & Restructuring Costs2.40M211.00K27.63M
Loss (Gain) From Sale of Investments-839.00K-1.13M-4.75M-730.00K6.38M7.90M
Stock-Based Compensation33.57M51.39M73.94M68.70M71.75M55.41M
Other Operating Activities9.47M15.17M3.43M-499.00K-12.24M229.00K
Change in Accounts Receivable791.00K5.77M4.20M-2.88M-4.85M-6.24M
Change in Accounts Payable5.40M2.59M-409.00K-3.19M-113.00K4.67M
Change in Unearned Revenue-3.59M-1.52M2.27M-306.00K-792.00K4.12M
Change in Other Net Operating Assets-14.28M-3.35M-4.38M9.68M1.11M10.05M
Operating Cash Flow66.36M104.59M83.07M83.19M30.11M38.04M
Capital Expenditures-560.00K-647.00K-1.30M-1.05M-1.20M-1.68M
Cash Acquisitions-20.15M-20.15M-39.74M-97.08M
Divestitures750.00K750.00K
Sale (Purchase) of Intangibles-661.00K-1.21M-60.00K-1.18M-894.00K
Investment in Securities-1.53M399.31M13.73M10.89M-11.00M-129.81M
Other Investing Activities131.00K-300.00K-1.25M
Investing Cash Flow-21.35M378.61M-28.82M9.78M-14.62M-229.47M
Long-Term Debt Repaid-460.00M-3.99M-2.27M-599.00K
Net Debt Issued (Repaid)-460.00M-460.00M-3.99M-2.27M-599.00K
Issuance of Common Stock1.51M3.37M4.21M2.85M3.77M8.29M
Repurchase of Common Stock-17.91M-32.68M-100.08M-2.03M-8.99M
Other Financing Activities-2.79M-2.49M-4.36M-1.10M-1.10M
Financing Cash Flow-479.19M-491.80M-104.22M2.85M-1.64M-2.40M
Foreign Exchange Rate Adjustments-1.00K344.00K-230.00K-29.00K-32.00K-130.00K
Net Cash Flow-434.19M-8.26M-50.20M95.78M13.82M-193.96M
Free Cash Flow65.80M103.94M81.77M82.13M28.91M36.35M
Free Cash Flow Margin16.39%24.12%20.89%22.73%8.57%12.21%
Free Cash Flow Per Share1.792.802.162.100.791.01
Levered Free Cash Flow74.39M88.47M83.18M59.67M43.56M39.75M
Unlevered Free Cash Flow75.51M87.67M82.23M58.71M42.62M32.24M
Cash Interest Paid214.00K214.00K118.00K145.00K246.00K107.00K
Cash Income Tax Paid7.89M7.89M5.73M589.00K235.00K78.00K
Change in Working Capital-14.61M-298.00K-20.83M3.30M-4.64M12.61M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization316.91M729.79M1.12B1.04B1.08B4.16B
Enterprise Value2.43M441.89M918.87M796.23M904.18M3.82B
Last Close Price8.3919.7631.7327.2229.14113.70
PE Ratio12.7334.7861.36283.80
Forward PE12.156.7011.9612.6035.20269.37
PS Ratio0.781.692.862.893.2113.96
PB Ratio0.701.773.092.944.0711.98
P/TBV Ratio1.092.935.323.906.2318.86
P/FCF Ratio4.777.0213.6912.7237.41114.31
P/OCF Ratio4.736.9813.4812.5635.92109.24
EV/Sales Ratio1.022.352.202.6812.82
EV/EBITDA Ratio13.85
EV/EBIT Ratio25.68
EV/FCF Ratio4.2511.249.6931.27105.02
Debt / Equity Ratio0.000.011.281.301.741.12
Debt / EBITDA Ratio0.030.12
Debt / FCF Ratio0.030.045.675.6315.9810.67
Net Debt / Equity Ratio-0.71-0.68-0.62-0.80-0.71-0.73
Net Debt / EBITDA Ratio-5.39-8.7446.4631.065.176.66
Net Debt / FCF Ratio-4.78-2.68-2.77-3.45-6.56-6.96
Asset Turnover0.440.490.370.370.360.33
Quick Ratio1.171.210.862.122.441.78
Current Ratio1.791.931.102.893.172.48
Return on Equity (ROE)6.12%5.42%5.08%1.19%-23.34%-18.78%
Return on Assets (ROA)3.06%1.23%-0.92%-0.97%-3.16%-3.13%
Return on Invested Capital (ROIC)20.52%7.87%-4.65%-3.30%-13.85%-13.98%
Return on Capital Employed (ROCE)9.80%3.90%-4.00%-1.80%-6.50%-6.00%
Earnings Yield7.86%2.88%1.63%0.35%-6.61%-1.57%
FCF Yield20.96%14.24%7.30%7.86%2.67%0.88%
Buyback Yield / Dilution1.18%1.76%3.35%-6.23%-2.51%-11.23%