FVRRNYSEServices-Business Services, NECFiscal year ends December 31
Fiverr International Ltd.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 12, 2026
$8.60+0.01 (+0.12%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 15.4
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
81.6%−0.9 pts over 5 years
Operating margin
-0.3%+6.0 pts over 5 years
Net margin
4.9%+12.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +10.1% | +8.5% | +17.9% | – | |
| Gross profit | +9.5% | +9.0% | +17.6% | – | |
| Net income | +15.0% | – | – | – | |
| EPS, diluted | +16.7% | – | – | – | |
| Free cash flow | +27.1% | +53.2% | +47.2% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -6.0% | 5.4% | |
| Return on assets | – | -2.7% | 2.4% | |
| Current ratio | – | 4.05 | 1.93 | |
| Debt to equity | – | 0.01 | – | |
| Net debt to EBITDA | – | 35.51× | – | |
| Interest coverage | – | -2.9× | -0.6× | |
| Capex to revenue | – | 1.1% | 0.2% | |
| Diluted shares | – | 32M | 37M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Fiverr International generated $338.99M from operations and spent $138.50M on capital expenditure, dividends and share buybacks. 4% of that went back into the business.
Generated
$338.99M
Used
$138.50M
Capital expenditure$5.89M4%Dividends$00%Share buybacks$132.61M96%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.9%
×Asset turnover0.49×
×Equity multiplier2.27×
=Return on equity, FY20255.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 4.9% | 0.49× | 2.27× | 5.4% |
| FY2024 | 4.7% | 0.37× | 2.91× | 5.1% |
| FY2023 | 1.0% | 0.37× | 3.13× | 1.2% |
| FY2022 | -21.2% | 0.36× | 3.03× | -23.3% |
| FY2021 | -21.8% | 0.33× | 2.59× | -18.8% |
| FY2020 | -7.8% | 0.35× | 2.22× | -6.0% |
| FY2019 | -31.3% | 0.62× | 1.71× | -33.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$20.98M
- Cash generatingOperating cash flow above zero$104.59M
- Return on assets improvedROA up on the prior year1.8% → 2.0%
- Earnings backed by cashOperating cash flow above net income$104.59M vs $20.98M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.10 → 1.93
- No dilutionShare count did not rise38M → 37M
- Gross margin improvedGross margin up on the prior year81.97% → 81.57%
- More efficientAsset turnover rose0.38 → 0.40