Fiverr International Balance Sheet Health
Financial Health criteria checks 6/6
Fiverr International has a total shareholder equity of $420.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $695.2M and $274.5M respectively. Fiverr International's EBIT is $28.0M making its interest coverage ratio -1.5. It has cash and short-term investments of $272.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -1.5x |
| Cash | US$272.78m |
| Equity | US$420.70m |
| Total liabilities | US$274.52m |
| Total assets | US$695.22m |
Recent financial health updates
Analysis Article • Jul 15
Is Fiverr International (NYSE:FVRR) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Jan 13
Is Fiverr International (NYSE:FVRR) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Aug 05
Is Fiverr International (NYSE:FVRR) Using Debt In A Risky Way?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Recent updates
Narrative Update • May 02
FVRR: High Value Work And AI Pivot Will Reshape 2026
Narrative Update: Analyst Price Target Shift for Fiverr International The analyst price target for Fiverr International has nudged higher from $16.00 to $16.25. This reflects updated assumptions on growth, discount rate, and future P/E, even as several firms highlight weaker near term fundamentals, mixed Q4 results, and execution risks around the company's pivot toward higher value, complex work and AI focused offerings.Seeking Alpha • Apr 30
Fiverr: Transition To Complex Projects Won't Rescue This Company
Summary Fiverr (FVRR) faces persistent revenue decline and shrinking active buyers, despite a recent 15% post-earnings rally. FVRR's pivot to larger, complex projects has yet to deliver meaningful traction or reverse top-line deterioration. Valuation is cheap at 1.9x EV/FY26 adjusted EBITDA, supported by a large cash position, but fundamental catalysts are lacking. I reiterate a sell rating, as guidance signals further deceleration and AI-driven secular headwinds threaten Fiverr's relevance. Read the full article on Seeking AlphaNarrative Update • Apr 17
FVRR: High Value Work Pivot And AI Transition Will Shape 2026
Fiverr International's analyst price target has converged around $16 as analysts factor in softer 2026 guidance, less room for multiple expansion, and the shift toward higher value, complex projects under an AI first marketplace transition. Analyst Commentary Recent research around Fiverr clusters around a cautious stance on the 2026 outlook and the AI first transition, with price targets resetting toward the mid-teens and ratings gravitating around Neutral or equivalent.Narrative Update • Apr 03
FVRR: High Value Work Shift Will Define 2026 AI Transition
Narrative Update Analysts cut Fiverr International's consensus price target toward $16, with several firms citing softer 2026 guidance, AI-related pressure on lower-end work, and the shift toward higher-value, complex projects as reasons for more cautious expectations. Analyst Commentary Recent research on Fiverr highlights a clear split between analysts who see long-term potential in the new focus on higher value work and those who are more concerned about the near-term hit to growth, profitability and visibility.
Narrative Update • Mar 20
FVRR: High Value Complex Work Pivot Will Reset Risk Profile
Analysts have significantly reset expectations for Fiverr International, cutting the average price target from about $41 to roughly $22 as they factor in softer revenue growth assumptions, a lower future P/E near 10x, and a shift toward higher margin, complex projects that is expected to take time to play out. Analyst Commentary Street research on Fiverr has turned more cautious overall, but a number of bullish analysts still see potential if the company can execute on its pivot toward higher value, complex work while managing near term pressure on growth and margins.Narrative Update • Mar 06
FVRR: High Value Work And AI Shift Will Reshape 2026 Transition
Analysts have trimmed their implied fair value for Fiverr International to $16.00, reflecting a broad reset in Street price targets as firms respond to weaker revenue trends, softer 2026 guidance, and uncertainty around the shift toward higher value, complex work and AI driven offerings. Analyst Commentary Street research has turned more cautious on Fiverr, with several firms cutting ratings and targets while reassessing the trade off between near term pressure and the push into higher value, AI supported work.Narrative Update • Feb 20
FVRR: High Value Complex Work Pivot Will Shape Post AI Reset Outlook
Fiverr International's updated analyst price target has fallen to about $16 from roughly $33, as analysts factor in softer 2026 guidance, a shift toward higher value and more complex work, and the need to see clearer benefits from these categories before valuation multiples can stabilize. Analyst Commentary Research opinions around Fiverr's reset cluster around a few key themes, mainly how the pivot to higher value, complex work might play out against AI pressure on simpler tasks, and what that could mean for valuation, execution risk, and growth visibility.
New Narrative • Feb 17
Fiverr's Revenue Will Grow 6.2% with a Future PE of 23.68x
Desempenho Financeiro Geral A Fiverr demonstrou um desempenho financeiro sólido no terceiro trimestre de 2025, com crescimento notável na receita e um aumento substancial no lucro líquido. A empresa continua a fortalecer sua posição de caixa, indicando uma gestão financeira eficiente e uma base sólida para investimentos futuros.Narrative Update • Feb 04
FVRR: Stronger Margins And Reduced Risk Profile Will Support Bullish Repricing
Analysts raised their price target on Fiverr International to reflect slightly stronger modeled revenue growth and profit margins, along with a modestly lower discount rate and future P/E assumption that together support a small upward revision in estimated fair value. Analyst Commentary Bullish analysts point to the revised price target on Fiverr International as a signal of growing confidence in the company’s ability to support higher modeled revenue and margins over time.Narrative Update • Jan 21
FVRR: Higher Margin Potential And Updated Guidance Will Support Bullish Repricing
Narrative Update on Fiverr International Analysts have nudged their price target on Fiverr International higher to reflect updated assumptions for slightly stronger revenue growth and margin potential, offset by a modestly higher discount rate and a slightly lower future P/E multiple. Analyst Commentary Bullish analysts point to the higher price target on Fiverr International as a sign of growing confidence in the company’s ability to execute on its current strategy, even with a more conservative discount rate and a slightly lower assumed future P/E multiple.Narrative Update • Jan 06
FVRR: Higher Margins And Earnings Profile Will Support Bullish Repricing
Analysts have nudged their price target on Fiverr International higher to US$41.34 from US$41.34, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. Analyst Commentary Bullish analysts are pointing to Fiverr International's updated price target of US$41.34 as a sign of confidence in the company’s ability to execute against current expectations for revenue, margins and future P/E.Narrative Update • Dec 14
FVRR AI Restructuring And Cost Cuts Will Drive Margin Expansion
Analysts modestly trimmed their price target on Fiverr International to $30 from $35, reflecting slightly softer growth assumptions and a higher discount rate, even as updated models factor in improved long term margins from the company’s AI focused restructuring. Analyst Commentary Bullish analysts acknowledge the reduced price target but continue to frame Fiverr as a structurally stronger business emerging from its AI driven realignment.Analysis Article • Nov 12
We Think Fiverr International's (NYSE:FVRR) Profit Is Only A Baseline For What They Can Achieve
Even though Fiverr International Ltd.'s ( NYSE:FVRR ) recent earnings release was robust, the market didn't seem to...
Narrative Update • Nov 11
Fiverr's AI-powered tools will drive significant revenue growth
Bejgal has decreased revenue growth from 9.2% to 5.2%, increased profit margin from 21.9% to 25.9%, decreased future PE multiple from 20.0x to 15.0x and decreased shares outstanding growth rate from 0.1% to 0.0%.Analysis Article • Aug 01
The Price Is Right For Fiverr International Ltd. (NYSE:FVRR) Even After Diving 26%
Fiverr International Ltd. ( NYSE:FVRR ) shares have had a horrible month, losing 26% after a relatively good period...Analysis Article • Jul 15
Is Fiverr International (NYSE:FVRR) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Jun 15
Is Now The Time To Look At Buying Fiverr International Ltd. (NYSE:FVRR)?
Fiverr International Ltd. ( NYSE:FVRR ), might not be a large cap stock, but it led the NYSE gainers with a relatively...Analysis Article • May 31
Fiverr International Ltd.'s (NYSE:FVRR) P/E Is Still On The Mark Following 27% Share Price Bounce
Fiverr International Ltd. ( NYSE:FVRR ) shareholders would be excited to see that the share price has had a great...Seeking Alpha • Apr 18
Fiverr: The Bottom Is Near, But Longer-Term Risks Remain Cloudy (Rating Upgrade)
Summary Fiverr, despite a 20% YTD decline, shows potential due to cheaper stock prices, accelerated revenue growth, and promising FY25 projections. I'm upgrading the stock to a neutral rating. AI's impact on Fiverr is a double-edged sword, but the Fiverr Go product offers short-term competitive advantages by automating freelancer workflows. Longer term, however, it's tough to believe that a freelance marketplace that focuses on highly automatable tasks can co-exist alongside AI. Fiverr's current valuation at ~9x EV/FY25 adjusted EBITDA is appealing; monitor for buying opportunities on major dips amid ongoing market volatility. Read the full article on Seeking AlphaAnalysis Article • Mar 18
Do Fiverr International's (NYSE:FVRR) Earnings Warrant Your Attention?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Feb 26
Shareholders Will Be Pleased With The Quality of Fiverr International's (NYSE:FVRR) Earnings
Even though Fiverr International Ltd. ( NYSE:FVRR ) posted strong earnings, investors appeared to be underwhelmed. We...Analysis Article • Feb 19
Weekly Picks: SOUN's moat, FVRR's big bets and MDT's advantage
This week’s picks cover: Why SoundHound AI could be grossly undervalued, how Fiverr’s bets on enterprise and AI solutions should expand margins rapidly, and what Medtronic’s diversified revenue and advantages provides investorsAnalysis Article • Feb 19
Weekly Picks: SOUN's moat, FVRR's big bets and MDT's advantage
This week’s picks cover: Why SoundHound AI could be grossly undervalued, how Fiverr’s bets on enterprise and AI solutions should expand margins rapidly, and what Medtronic’s diversified revenue and advantages provides investorsSeeking Alpha • Feb 17
Fiverr: I Prefer Upwork For My Exposure To This Space
Summary Freelancing sites like Upwork and Fiverr could thrive due to increasingly flexible labor conditions, increased market churn, and demand for evolving skill sets. Compared to UPWK, FIVR has a higher take rate, is likely more exposed to AI disruption, and spends 44% of revenue on sales and marketing with declining active buyers. Both Upwork and Fiverr trade on similar multiples. I rate the former a buy while the latter a hold based on what I take to be comparative disadvantages. Read the full article on Seeking AlphaAnalysis Article • Feb 10
Is Now An Opportune Moment To Examine Fiverr International Ltd. (NYSE:FVRR)?
Fiverr International Ltd. ( NYSE:FVRR ), is not the largest company out there, but it saw a double-digit share price...Analysis Article • Jan 13
Is Fiverr International (NYSE:FVRR) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Seeking Alpha • Jan 11
Fiverr: Macro Headwinds Will Fade, But The Threat Of AI Is Growing
Summary Fiverr's business has been hit by soft demand for freelancers and weakness amongst SMBs. While the macro environment is likely to rebound, AI poses a significant long-term threat to Fiverr's business. Fiverr is expanding upmarket and adding AI-powered tools and value-add services in an attempt to drive growth and strengthen its competitive positioning. It is not clear that Fiverr's initiatives will significantly alter the company's fortunes given the trajectory that AI appears to be on, though. Read the full article on Seeking AlphaSeeking Alpha • Dec 20
Fiverr: Positive Momentum To Carry Into 2025
Summary Fiverr's focus on AI and new product offerings position the company well to capitalize on the growing gig economy. Financials show an 8% sales increase in Q3 2024, with a notable rise in spend per buyer and an improved take rate, even as the number of active buyers declines. Fiverr seems reasonably valued and with a co-founder with skin in the game leading the charge, I remain bullish on Fiverr's potential for positive returns in 2025 and beyond. Read the full article on Seeking AlphaNew Narrative • Dec 20
Fiverr aims for greater revenue with expansive enterprise solutions and AI
Fiverr International’s introduction of AI-powered tools such as Dynamic Matching and Neo (AI-powered smart matching) is expected to significantly enhance sales and earnings. These tools cater to businAnalysis Article • Dec 07
Fiverr International Ltd.'s (NYSE:FVRR) Intrinsic Value Is Potentially 50% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, Fiverr International fair value estimate is US$52.94 Fiverr...Analysis Article • Nov 07
Why Investors Shouldn't Be Surprised By Fiverr International Ltd.'s (NYSE:FVRR) 25% Share Price Surge
The Fiverr International Ltd. ( NYSE:FVRR ) share price has done very well over the last month, posting an excellent...Seeking Alpha • Nov 06
Fiverr: This Company Keeps Losing Buyers
Summary Despite a Q3 beat-and-raise, Fiverr faces significant risks from AI competition, volatile traffic, and a shrinking active buyer base. Fiverr's growth is driven by take rate expansion, not sustainable long-term drivers, and the SMB buying environment remains cautious. Attractive valuation multiples can't offset the existential risks from AI and declining marketplace activity; I recommend staying on the sidelines. Fiverr's Q3 revenue grew 8% y/y, but active buyers slipped 9% y/y, indicating underlying marketplace challenges despite improved adjusted EBITDA margins. The stock trades at attractive valuation multiples (2x FY25 revenue and 9x FY25 adjusted EBITDA), but it's a value trap for a company that is in secular decline. Read the full article on Seeking AlphaAnalysis Article • Nov 02
What Is Fiverr International Ltd.'s (NYSE:FVRR) Share Price Doing?
Fiverr International Ltd. ( NYSE:FVRR ), is not the largest company out there, but it saw a significant share price...Seeking Alpha • Oct 02
Fiverr: A Phoenix Rising From Its Own Ashes (Rating Upgrade)
Summary Fiverr's stock has plummeted but now trades at a more reasonable valuation, presenting a buying opportunity with a potential upside of 28%. FVRR has matured, showing improved gross margins, increased spend per buyer, and a strategic focus on high-value clients despite a decline in active buyers. Long-term growth prospects are promising, driven by investments in AI, freelance Pros, and expanding market opportunities, with management targeting a 14% FCF CAGR from 2024-2027. Risks include market volatility, potential regulatory changes, and competition, but Fiverr's improved cash flow and strategic buybacks indicate a more stable future. Read the full article on Seeking Alpha
New Narrative • Sep 24
Expanding Market, AI Integration, And Strategic Acquisitions Set To Skyrocket Revenue And User Engagement
Expansion and AI integration aim to increase Fiverr's market share and revenue by enhancing the user experience and broadening services offered.Analysis Article • Sep 03
Shareholders Should Be Pleased With Fiverr International Ltd.'s (NYSE:FVRR) Price
When you see that almost half of the companies in the Professional Services industry in the United States have...Seeking Alpha • Sep 01
Fiverr: Long-Term Thesis Remains Intact
Summary The long-term gig work thesis remains strong, with Fiverr well-positioned to capitalize on the shift towards flexible work arrangements. Fiverr's new professions catalog and AI tool Neo enhance its competitive edge, while the AutoDS acquisition strengthens its dropshipping capabilities. Financial performance shows growth in sales and gross margins, but declining active buyers and challenging macro conditions pose risks. Read the full article on Seeking AlphaAnalysis Article • Aug 07
Fiverr International's (NYSE:FVRR) Performance Is Even Better Than Its Earnings Suggest
When companies post strong earnings, the stock generally performs well, just like Fiverr International Ltd.'s...Analysis Article • Aug 05
Is Fiverr International (NYSE:FVRR) Using Debt In A Risky Way?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Aug 01
Fiverr: The Post-Earnings Rally Will Be Short-Lived
Summary Fiverr stock surged 20% after Q2 results, despite only slightly raising its full-year outlook. The company does offer a cheap valuation, but that's a reflection of slowing growth and nascent risks from the increased AI-driven automation of tasks often assigned to freelancers. The company's active buyer base continues to decline, and given Fiverr's exposure to the SMB segment, this trend is set to continue. Read the full article on Seeking AlphaFinancial Position Analysis
Short Term Liabilities: FVRR's short term assets ($474.7M) exceed its short term liabilities ($257.3M).
Long Term Liabilities: FVRR's short term assets ($474.7M) exceed its long term liabilities ($17.3M).
Debt to Equity History and Analysis
Debt Level: FVRR is debt free.
Reducing Debt: FVRR has no debt compared to 5 years ago when its debt to equity ratio was 105.4%.
Debt Coverage: FVRR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FVRR has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/11 11:44 |
| End of Day Share Price | 2026/05/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Fiverr International Ltd. is covered by 15 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathaniel Schindler | BofA Global Research |
| Marvin Fong | BTIG |
| Ronald Josey | Citigroup Inc |