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FVRR · NYSE · United States · Services-Business Services, Nec
In shortFiverr International Ltd. is profitable, generates cash and holds more cash than debt, with revenue growing (+10.1% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -0.3% | 16/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.9% | 39/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 5.4% | 27/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -0.3% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.93× | 94/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.00× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -0.55× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.00 | 23/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 24.1% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 4.95× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 21.3% | 32/100 |
| Operating margin volatility | 9.1% | 26/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 8.5% | 64/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 298 | 337 | 361 | 391 | 431 |
| Cost of revenue | 52 | 66 | 62 | 71 | 79 |
| Gross profit | 246 | 271 | 300 | 321 | 351 |
| Research & development | 79 | 93 | 91 | 90 | 91 |
| Operating income | (45) | (75) | (15) | (16) | (1.2) |
| Interest expense | 20 | 2.5 | 2.5 | 2.6 | 2.1 |
| Pre-tax income | (65) | (71) | 5.1 | 12 | 23 |
| Income tax | 0.2 | 0.6 | 1.4 | (6.4) | 2.4 |
| Net income | (65) | (71) | 3.7 | 18 | 21 |
| Diluted EPS | −$1.81 | −$1.94 | $0.09 | $0.48 | $0.56 |
| Diluted shares (millions) | 36 | 37 | 39 | 38 | 37 |
4 older years available with the 10-year history. Essential plan, from €8.25/month →
2.00 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 12, 2026