Fiverr stock sinks premarket as 2026 revenue outlook signals a downturn for FVRR

February 18, 2026
Fiverr stock sinks premarket as 2026 revenue outlook signals a downturn for FVRR

New York, Feb 18, 2026, 05:23 EST — Premarket

  • Fiverr dropped roughly 17% before the bell, with its 2026 revenue forecast signaling a downturn.
  • The company is projecting revenue between $380 million and $420 million for 2026, with its Q1 outlook set at $100 million to $108 million.
  • Revenue for 2025 climbed 10.1% to $430.9 million. Active buyers dropped, but those who stuck around spent more on average.

Fiverr International Ltd slid roughly 17% to $10.90 before the bell on Wednesday, dropping from Tuesday’s close of $13.10. (StockAnalysis)

Fiverr is guiding for 2026 revenue between $380 million and $420 million, setting up a possible dip from its projected 2025 growth. (Businessinsider)

The reset is relevant now, as Fiverr doubles down on higher-value projects and tweaks its offerings—essentially signaling to investors that the transition brings some short-term bumps. That move throws the spotlight on the pace of demand recovery, with profit margins under scrutiny. (Businessinsider)

There was a noticeable disconnect for investors between Fiverr’s reported profit and its more subdued revenue growth. The company’s fourth-quarter revenue ticked up 3.4% to $107.2 million. Adjusted earnings, meanwhile, landed at $0.86 per share, per Investing.com’s rundown of results and projections. (Investing)

Fiverr posted revenue of $430.9 million for 2025, a 10.1% increase, with adjusted EBITDA margin landing at 21.3%. Adjusted EBITDA excludes interest, taxes, depreciation, amortization and a handful of other items. (Businessinsider)

Fiverr reported a 13.6% drop in annual active buyers, now at 3.1 million. But annual spend per buyer climbed 13.3% to $342. The company pointed to a pickup in higher-value deals — gross merchandise value (GMV) from transactions over $1,000 jumped 22.8%. (GlobeNewswire)

Micha Kaufman, who founded Fiverr and serves as CEO, pointed to “a significant shift in AI adoption.” He claimed “humans are becoming more essential, not less,” as the platform heads into what he’s describing as an “agentic economy.” (GlobeNewswire)

Fiverr President and CFO Ofer Katz said the company is focusing on “prioritizing product innovation and platform re-architecture investments” in 2026, sticking to “a disciplined capital allocation strategy.” Katz will remain president, while Esti Levy Dadon steps up as CFO, according to Fiverr. (GlobeNewswire)

Fiverr saw premarket trades ranging from $10.84 up to $10.86, with roughly 33,000 shares moving early, Public.com data shows. (Public)

Investors face the possibility that shifting focus to higher-value projects—and stepping back from “low-end” deals—could weigh on revenue for longer than they’d counted on, particularly if small-business demand remains patchy. The decision to widen the guidance range, too, opens the door to a steeper drop should buyer activity continue to falter.

All eyes now turn to Fiverr’s conference call, set for 8:30 a.m. Eastern on Wednesday. Executives plan to lay out which changes are underway, share the expected timeline for gaining traction, and offer a look at where demand may be tracking into early 2026.