Strong Q1 Revenue Growth
Fiverr's revenue for Q1 was $107.2 million, marking a 15% increase year-over-year and an acceleration from 13% year-over-year growth in Q4.
Adjusted EBITDA Improvement
Adjusted EBITDA for Q1 was $19.4 million with a margin of 18%, improving by 100 basis points from the previous year.
Record Free Cash Flow
Free cash flow totaled $27.4 million, representing a 31.6% increase year-over-year.
Significant Growth in Services Revenue
Services revenue reached $29.5 million, a 94% year-over-year growth, driven by Fiverr Ads, Seller Plus, and AutoDS.
Successful Large Deals in Fiverr Pro
Closed large deals, including a $200,000 engagement with a book publishing company and collaboration with an online education company transitioning its YouTube video production to Fiverr.
Encouraging Launch of Fiverr Go
Over 6,000 sellers activated Fiverr Go, and 200,000 buyers interacted with the product, showing strong early engagement and conversion improvement.
Raised Guidance for Full Year 2025
Updated guidance reflects confidence with expected revenue growth of 9% to 12% and adjusted EBITDA growth of up to 20% at the midpoint.