Fiverr’s Programming and Tech category reported a 42% year-over-year increase in buyer spend during the first quarter, driven by a surge in AI-related projects such as custom machine-learning models and automated data pipelines. Gross merchandise volume (GMV) for the segment surpassed $150 million, accounting for nearly one-third of the platform’s total GMV. Management highlighted an expanding pipeline of enterprise clients seeking AI integration services, with over 1,200 new corporate accounts added in Q1, up 65% from the prior year.

Shares of FVRR experienced a 5% single-day jump on above-average trading volume, marking the fourth highest volume day in the past 12 months. While this spike reflects renewed investor interest in the company’s AI positioning, consensus earnings-per-share estimates for the current fiscal year have been revised down by $0.07, suggesting analysts anticipate margin pressure from increased investments in talent acquisition and platform enhancements. Open interest in near-term call options rose by 18%, signaling bullish sentiment but also elevated volatility expectations.

The company’s legacy marketplace recorded a 6% drop in active buyers compared with the same quarter last year, driven by the departure of low-spend users in core creative categories. However, average spend per remaining buyer climbed 14%, supported by rising demand for subscription-based offerings such as Fiverr Business and Pro services. Premium services revenue jumped 28% year-over-year, reaching $48 million, and now represents 15% of total revenue, up from 10% twelve months earlier.