Fiverr Grows 2025 Revenue 10.1% to $430.9M with 21.3% EBITDA Margin
Fiverr's 2025 revenue climbed 10.1% to $430.9M with Adjusted EBITDA margin at 21.3%, while spend per buyer rose 13.3% to $342 despite active buyers falling to 3.1M. The company projects 2026 revenue of $380M–$420M as it shifts toward high-value services under new CFO Esti Levy Dadon.
1. 2025 Financial Results
Fiverr reported $430.9 million in revenue for 2025, marking a 10.1% year-over-year increase. Adjusted EBITDA margin expanded to 21.3%, while total active buyers declined to 3.1 million. Despite the buyer drop, average spend per buyer increased 13.3% to $342 and transactions over $1,000 grew 22.8%, reflecting a pivot to higher-value engagements.
2. Strategic Shift and 2026 Guidance
The company is executing a multi-year transformation to scale AI-native capabilities and enhance project matching for premium services. For 2026, Fiverr forecasts revenue of $380 million to $420 million, prioritizing high-value work over transaction volume and acknowledging potential variability from platform re-architecture and market conditions.
3. Leadership Restructuring
Fiverr elevated Esti Levy Dadon to Chief Financial Officer to lead financial strategy, while Ofer Katz remains President focusing on mergers, acquisitions and long-term investments. A new Chief Business Officer role was created for Jinjin Qian to oversee revenue generation and operational execution.