Fiverr International Ltd. · NYSE:FVRR
Fiverr International — Q2 2026 Earnings Presentation
26 slides from Fiverr International's earnings presentation, 2026
Slide 1: ©2026 Fiverr Int. Ltd. All Rights Reserved. Proprietary & Confidential.
©2026 Fiverr Int. Ltd. All Rights Reserved. Proprietary & Confidential.
Slide 2: Disclaimer
Disclaimer You must read the following before continuing. The following applies to this presentation, the oral presentation of this information in this document by Fiverr International Ltd. (“Fiverr” or the “Company”) or any person on behalf of the Company, and any question-and-answer session that f
Slide 3: Q2'26 Snapshot
Q2ʼ26 Snapshot $97.8M Revenue $17.5M Adjusted EBITDA1 17.9% Adjusted EBITDA Margin1 1 This is a non-GAAP financial measure or Key Performance Metric. See “Key Performance Metrics and Non-GAAP Financial Measuresˮ and reconciliation tables at the end of this presentation for additional information.
Slide 4: Business highlights
Business highlights. ©2026 Fiverr Int. Ltd. All Rights Reserved. Proprietary & Confidential.
Slide 5: Transformation mission
Our north star Becoming the most trusted platform for completing high-value projects, enabling businesses and talent with increasingly AI-driven workflows to collaborate effectively on complex outcomes. Over the past few quarters, weʼve been evolving our strategy in response to a fundamental shift i
Slide 6: Transformation: Core Pillars
Transformation: Core Pillars Product Matching Structured work platform Deeper intelligence layer Intent and project execution Knowledge graph Outcome tracking Outcome-optimized ranking GTM Operational Excellence Repeatable growth engines Execution velocity Industry-specific workflows Talent density
Slide 7: Transforming from a marketplace to an AI-powered work platform
As weʼve scaled, we are working to transform from a marketplace to an AI-powered work platform. One-of-a-Kind Breadth of AI-powered Marketplace Service Offerings Work Platform Connecting global freelancers with We offer a range of services From Dynamic Matching to Fiverr businesses through an expans
Slide 8: Financial highlights
Financial highlights. ©2026 Fiverr Int. Ltd. All Rights Reserved. Proprietary & Confidential.
Slide 9: Q2'26 Results
Q2ʼ26 Results Guidance Actuals Revenue $95.0 $103.0 $97.8 (in millions) 13% - 5% y/y 10.0%) y/y Adjusted EBITDA1 (in millions) $16.0 $20.0 $17.5 Adjusted EBITDA Margin1 17.9% 1 This is a non-GAAP financial measure or Key Performance Metric. See “Key Performance Metrics and Non-GAAP Financ
Slide 10: Q3 and FY'26 Guidance
Q3 and FYʼ26 Guidance Guidance Context ● Our outlook for Q3ʼ26 and full-year 2026 reflects the demand and traffic headwinds observed in recent weeks that have continued into Q3ʼ26 $80 $88M Q3, which are expected to persist through the remainder of the year, as well as persistent weakness across m
Slide 11: Disciplined and consistent capital allocation strategy
Disciplined and consistent capital allocation strategy Invest in Growth Optimize Capital Share M&A & Transformation Structure Repurchase Growth and our business Continue to manage the View equity buyback as an Take a disciplined transformation are our top business with discipline ongoing tool to ret
Slide 12: Appendix
Appendix ©2026 Fiverr Int. Ltd. All Rights Reserved. Proprietary & Confidential.
Slide 13: Key Performance Metrics and Non-GAAP Financial Measures
Key Performance Metrics and Non-GAAP Financial Measures This presentation, and the accompanying oral presentation, may include certain financial measures and key performance measures, not presented in accordance with the generally accepted accounting principles in the United States (“GAAP”), includin
Slide 14: Consolidated Balance Sheets 1/2
CONSOLIDATED BALANCE SHEETS In $ thousands June 30, December 31, 1/2 2026 2025 Unaudited) Audited) Assets Current assets: Cash and cash equivalents $151,194 $125,215 Marketable securities 29,099 117,705 User funds 156,422 159,849 Bank deposits 70,000 40,000 Restricted deposit 3,423 3,409 Other rec
Slide 15: Consolidated Balance Sheets 2/2
CONSOLIDATED BALANCE SHEETS In $ thousands June 30, December 31, 2/2 2026 2025 Unaudited) Audited) Liabilities and Shareholders' Equity Current liabilities: Trade payables $12,128 $9,081 User accounts 146,589 149,454 Deferred revenue 18,019 18,567 Other account payables and accrued expenses 67,538
Slide 16: P&L GAAP
P&L GAAP In $ thousands, except loss per share data Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 Unaudited) Unaudited) Revenue $97,783 $108,648 $203,274 $215,832 Cost of revenue 17,852 20,384 36,685 40,780 Gross profit 79,931 88,264 166,589 175,052 Operating expenses:
Slide 17: Cash flow GAAP 1/2
Cash flow GAAP In $ thousands 1/2 Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 Unaudited) Unaudited) Cash flows from operating activities: Net income $4,469 $3,188 $13,033 $3,986 Adjustments to reconcile net income to net cash provided by operating activities: Deprecia
Slide 18: Cash flow GAAP 2/2
Cash flow GAAP In $ thousands 2/2 Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 Unaudited) Unaudited) Investing Activities Investment in marketable securities 39,230 - 63,654 55,652 Proceeds from maturities of marketable securities 40,637 97,102 93,969 180,271 Inv
Slide 19: Revenue breakdown
Revenue breakdown (in thousands1) Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 Unaudited) Unaudited) $63,141 $74,689 $130,275 $152,363 Marketplace Revenue 2,676 3,425 2,676 3,425 Annual Active Buyers $368 $318 $368 $318 Annual Spend per Buyer 28.0% 27.6% 28.0% 27.6% Ma
Slide 20: Reconciliation of GAAP to non-GAAP gross profit
Reconciliation of GAAP to non-GAAP gross profit In thousands, except gross margin data) Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 FY 2024 FY 2025 Unaudited) Unaudited) Unaudited) GAAP gross profit $88,264 $88,137 $88,304 $86,658 $79,931 $320,915 $351,493 Add: Share-based compensation 403 365 39 256 247 2,13
Slide 21: Reconciliation of GAAP net income to non-GAAP net income and net income per share
Reconciliation of GAAP net income to non-GAAP net income and net income per share In thousands) Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 FY 2024 FY 2025 Unaudited) Unaudited) Unaudited) GAAP net income attributable to $3,188 $5,537 $11,460 $8,564 $4,469 $18,246 $20,983 ordinary shareholders Add: Depreciati
Slide 22: Reconciliation of GAAP net income to adjusted EBITDA
Reconciliation of GAAP net income to adjusted EBITDA In thousands, except adjusted EBITDA margin data) Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 FY 2024 FY 2025 Unaudited) Unaudited) Unaudited) GAAP net income $3,188 $5,537 $11,460 $8,564 $4,469 $18,246 $20,983 Add: Financial income and other 6,554 6,815
Slide 23: Reconciliation of GAAP to Non-GAAP Operating Expenses 1/2
Reconciliation of GAAP to Non-GAAP Operating Expenses In thousands 1/2 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 FY 2024 FY 2025 Unaudited) Unaudited) Unaudited) GAAP research and $ 23,994 $ 25,150 $ 17,893 $ 18,061 $ 18,627 $ 90,241 $ 90,664 development Less: Share-based compensation 4,129 3,229 2,333 2,1
Slide 24: Reconciliation of GAAP to Non-GAAP Operating Expenses 2/2
Reconciliation of GAAP to Non-GAAP Operating Expenses In thousands 2/2 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 FY 2024 FY 2025 Unaudited) Unaudited) Unaudited) GAAP general and $21,415 $22,214 $20,736 $14,523 $15,409 $74,814 $85,331 administrative Less: Share-based compensation 8,154 6,993 6,204 5,546 5,
Slide 25: Reconciliation of net cash provided by operating activities to free cash flow
Reconciliation of net cash provided by operating activities to free cash flow In thousands) Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 FY 2024 FY 2025 Unaudited) Unaudited) Unaudited) Net cash provided by $25,204 $29,206 $21,870 $21,176 $13,843 $83,068 $104,589 operating activities Purchase of property and
Slide 26: ©2026 Fiverr Int. Ltd. All Rights Reserved. Proprietary & Confidential.
©2026 Fiverr Int. Ltd. All Rights Reserved. Proprietary & Confidential.