Fiverr International (FVRR) Buyers

Counts the number of active users purchasing services, highlighting customer base growth and market penetration.

Buyers have been in a sustained decline since their 2022 peak, consistent with management’s note that active buyers fell into 2026 amid LLM-driven search/traffic headwinds and weakness in low‑value transactional work. Management highlights higher spend per buyer and faster growth in $1,000+ and AI services as partial offsets, but the marketplace transformation will take multiple quarters. The core investor question: will upmarket demand and improved matching meaningfully replace lost volume? Watch buyer stabilization and conversion to higher‑value projects over the next several quarters.