Fiverr Q2 2026 revenue fell 10% y/y to $97.8 million, while GAAP net income rose to $4.5 million, or $0.12 per share.
Adjusted EBITDA slipped to $17.5 million from $21.4 million, pushing adjusted EBITDA margin down 1.8 percentage points to 17.9%.
Marketplace revenue dropped 15.5% y/y to $63.1 million; annual active buyers fell 21.9% to 2.7 million, while annual spend per buyer rose 15.6% to $368.
Free cash flow declined 45.5% y/y to $13.6 million; cash, cash equivalents, deposits and marketable securities totaled $308.5 million.
Management cited rapid AI adoption and said it is shifting upmarket; FY 2026 revenue is forecast at $356-$372 million, adjusted EBITDA at $52-$62 million.
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