Fiverr’s AI strategy delivers revenue boost in Q2
Company maintains 2025 guidance despite Marketplace revenue dip. “AI continues to be a power driver for everything we do,” said CEO Micha Kaufman, as Fiverr announced an expanded offering of vibe coding services on the platform.
Fiverr reported second-quarter earnings on Wednesday that revealed strong growth in AI-related services and enterprise offerings that offset a decline in active users on the freelance platform.
Revenue rose 14.8% year over year to $108.6 million, fueled by an 83.8% jump in the company’s Services segment, which includes Fiverr Pro’s Managed Services and other premium offerings. The Marketplace segment, which represents Fiverr’s core freelance platform, declined 2% to $74.7 million.
While the number of active buyers fell nearly 11% from a year earlier to 3.4 million, the average spend per buyer climbed almost 10%, reaching $318. The figures suggest Fiverr is increasingly reliant on fewer but higher-value clients, especially in segments tied to artificial intelligence and managed enterprise projects.
“AI continues to be a power driver for everything we do,” said CEO Micha Kaufman. He pointed to growing demand in categories such as AI agents, workflow automation, and “vibe coding,” as businesses seek freelancers to translate emerging technologies into practical use.
Fiverr announced an expanded offering of vibe coding services on the platform allowing solopreneurs, small business owners, agency teams, and startup founders without coding experience to turn their big-picture ideas for websites, apps, and other tools into monetized, fully functioning products with the help of expert freelancers.
Fiverr's new vibe coding services connect creators with developers and include support with deployment, bug fixing, backend and database integration, design improvements, API integration, and making projects production-ready.
Fiverr’s Managed Services unit also continued to show momentum, with increased activity from high-spending clients and repeat customers. The company sees the offering as a key lever for expanding into the enterprise market.
Adjusted EBITDA rose to $21.4 million, up from $17.8 million a year earlier, while free cash flow increased 21% to $25 million. Fiverr reiterated its full-year revenue and earnings guidance, maintaining its 2025 revenue forecast of $425–$438 million and Adjusted EBITDA of $84–$90 million.
“As AI continues to reshape how work is done, our freelancers are playing a crucial role,” said Kaufman. “We are uniquely positioned at the intersection of human and AI.”
