Fiverr (NYSE: FVRR) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the SEC on March 12, 2026. The report, including audited consolidated financial statements, is available online and a free hard copy is available to shareholders upon request.
Shareholders may request the hard copy by email to investors@fiverr.com or by post to Fiverr International Ltd., 8 Eliezer Kaplan St, Tel-Aviv 6473409, Israel.
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Key Figures
2025 operating loss:$1.2M2025 net income:$21.0MNet cash from ops:$104.6M+5 more
8 metrics
2025 operating loss$1.2MOperating loss reported in 2025 Form 20-F
2025 net income$21.0MNet income reported in 2025 Form 20-F
Net cash from ops$104.6M2025 net cash flow from operating activities
Shares outstanding36,093,139 sharesOrdinary shares outstanding at 2025 year-end
2025 revenue$430.9MFull-year 2025 revenue vs $391.5M prior year
2025 Adjusted EBITDA$91.6M (21.3% margin)Full-year 2025 Adjusted EBITDA and margin
2026 revenue guide$380–$420M2026 revenue outlook implying (12)%–(3)% YoY growth
Workforce reduction30%2025 workforce reduction to adjust cost base
Market Reality Check
Price:$10.83Vol:Volume 740,028 is 0.36x t...
low vol
$10.83Last Close
VolumeVolume 740,028 is 0.36x the 20-day average, indicating relatively light trading ahead of this filing.low
TechnicalShares at $10.35 are well below the 200-day MA of $22.10 and 69.67% under the 52-week high, hovering 1.97% above the 52-week low.
Peers on Argus
FVRR was down 0.91% pre-filing while momentum peers like EVER and GETY were movi...
2 Up
FVRR was down 0.91% pre-filing while momentum peers like EVER and GETY were moving up, and broader peers showed mixed moves, supporting a stock-specific rather than sector-driven setup.
Q3 2025 revenue and record Adjusted EBITDA with buyer declines.
Pattern Detected
Earnings and growth-oriented updates have often seen mixed-to-negative immediate reactions, even when metrics were improving.
Recent Company History
Over the last few quarters, Fiverr has shown revenue growth and expanding Adjusted EBITDA, but with declining annual active buyers and a shift toward higher-value and AI-driven services. The Q3 and full-year 2025 earnings on Nov 5, 2025 and Feb 18, 2026 delivered higher revenue and profitability, yet the stock fell 4.95% and 5.73% respectively. Thematic reports on freelancers and AI demand in late 2025 drew mixed price reactions. Today’s Form 20-F filing primarily formalizes these 2025 results and risk disclosures.
Market Pulse Summary
This announcement formalizes Fiverr’s 2025 performance and risks via its annual report on Form 20-F....
Analysis
This announcement formalizes Fiverr’s 2025 performance and risks via its annual report on Form 20-F. The filing details a small operating loss but $21.0M in net income, strong operating cash flow of $104.6M, and 36,093,139 shares outstanding, while outlining challenges like declining active buyers and a 30% workforce reduction. Investors may focus on how these disclosures connect to prior earnings releases, the 2026 revenue guide of $380–$420M, and the company’s shift toward AI-driven, higher-value services.
Key Terms
form 20-f, securities and exchange commission, rule 144, schedule 13g, +4 more
8 terms
form 20-fregulatory
"announced that it filed its annual report on Form 20-F for the fiscal year"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
securities and exchange commissionregulatory
"for the fiscal year ended December 31, 2025, with the Securities and Exchange Commission"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.
rule 144regulatory
"reported a proposed sale of 37,438 RSUs under Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
schedule 13gregulatory
"filed an amended Schedule 13G reporting passive ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
form 6-kregulatory
"Fiverr International Ltd. filed a Form 6-K that provides a standard forward-looking"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
form f-3regulatory
"incorporated by reference into Fiverr’s existing registration statements on Form F-3"
Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.
form s-8regulatory
"and multiple Form S-8 filings, making these meeting results part"
A Form S-8 is a U.S. Securities and Exchange Commission registration that lets a public company set aside shares for employee benefit plans and stock-based compensation. Think of it as opening a dedicated account that authorizes the company to issue or reserve stock for workers and directors; it matters to investors because it enables share dilution when those awards are granted or exercised and signals how management is compensated and incentivized.
gdprregulatory
"data security and privacy laws such as GDPR, U.S. state privacy rules"
General Data Protection Regulation is a law that sets rules for how organizations must collect, store and use personal data about people, and gives individuals rights over that data. It matters to investors because noncompliance can lead to large fines, higher operating costs and damaged reputation, while strong compliance can be a competitive advantage—think of it as a strict safety code for handling customer information.
AI-generated analysis. Not financial advice.
NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company that is transforming the way the world creates and works together, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the Securities and Exchange Commission on March 12, 2026. The annual report on Form 20-F can be accessed on the Company’s investor relations website at http://investors.fiverr.com or on the SEC’s website at www.sec.gov.
Fiverr will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed in writing by email to investors@fiverr.com, or by post to Fiverr International Ltd., 8 Eliezer Kaplan St, Tel-Aviv 6473409, Israel.
About Fiverr Fiverr’s mission is to transform the way the world creates and works together. We’re shaping the future of work with the world’s leading open platform, seamlessly connecting top talent and cutting-edge technology with businesses around the globe. From expert freelancers in over 750 skilled categories to best-in-class GenAI models and agents, Fiverr provides the most advanced and comprehensive talent and tools for digital services—helping businesses get mission-critical projects done fast and cost-effectively.
From small businesses to Fortune 500 companies, millions trust Fiverr for projects in software and AI development, digital marketing, finance, business consulting, video animation, music, architecture, and more.
Fiverr filed its 2025 Form 20-F with the SEC on March 12, 2026. According to Fiverr, the filing covers the fiscal year ended December 31, 2025 and includes audited consolidated financial statements.
Where can investors access Fiverr's (FVRR) 2025 annual report on Form 20-F?
Investors can access the Form 20-F on Fiverr's investor relations website or the SEC website. According to Fiverr, copies are available at http://investors.fiverr.com and www.sec.gov.
How can shareholders request a hard copy of Fiverr's (FVRR) 2025 annual report?
Shareholders can request a free hard copy in writing by email or post. According to Fiverr, email requests go to investors@fiverr.com or by post to the Tel-Aviv address provided.
What does the Form 20-F for Fiverr (FVRR) include?
The Form 20-F includes the company's audited consolidated financial statements for FY 2025. According to Fiverr, the annual report contains audited financials and standard 20-F disclosures for the fiscal year.
Does Fiverr (FVRR) charge for a mailed hard copy of its 2025 annual report?
No, Fiverr offers a mailed hard copy free of charge to shareholders upon request. According to Fiverr, the company will provide the hard copy without cost if requested in writing.