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NEW YORK, May 14, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Fiverr International Ltd. ("Fiverr" or the "Company") (NYSE: FVRR). 

The investigation concerns whether Fiverr and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

On February 18, 2026, Fiverr reported its fourth quarter and full year 2025 financial results and issued its full-year 2026 outlook.  Among other items, the Company disclosed that fourth quarter marketplace revenue declined 2.7% year-over-year to $71.5 million, and that annual active buyers declined 13.6% year-over-year to 3.1 million.  In addition, Fiverr issued full-year 2026 revenue guidance of $380 million to $420 million, representing year-over-year growth of negative 12% to negative 3%.  The Company further disclosed that its transformation plan would focus on high-value work while intentionally deprioritizing low-end transactions. 

On this news, Fiverr's stock price fell $1.03 per share, or 8.34%, to close at $11.32 per share on February 19, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members

Fiverr has now published its Q1 2026 results, and the key number many sellers were waiting for is there.

  

ANNUAL ACTIVE BUYERS:

The downward trend starts in the 2nd quarter of 2023.

●     Annual active buyers1 as of March 31, 2026, were 2.9 million, compared to 3.5 million as of March 31, 2025, a decline of 17.8% year over year.

●     Annual active buyers as of December 31, 2025, were 3.1 million, compared to 3.6 million as of December 31, 2024, a decline of 13.6% year over year.

●     Annual active buyers as of September 30, 2025, were 3.3 million, compared to 3.7 million as of September 30, 2024, a decline of 11.7% year over year.

●     Annual active buyers as of June 30, 2025, were 3.4 million, compared to 3.8 million as of June 30, 2024, a decline of 10.9% year over year.

●     Annual active buyers as of March 31, 2025 was 3.5 million, compared to 4.0 million as of March 31, 2024, a decline of 10.6% year over year.

●     Annual active buyers as of December 31, 2024 was 3.6 million, compared to 4.0 million as of December 31, 2023, a decline of 10% year over year.

●     Active buyers as of September 30, 2024 was 3.8 million, compared to 4.2 million as of September 30, 2023, a decline of 9% year over year.

●     Active buyers as of June 30, 2024 was 3.9 million, compared to 4.2 million as of June 30, 2023, a decline of 8% year over year.

●     Active buyers as of March 31, 2024 was 4.0 million, compared to 4.3 million as of March 31, 2023, a decrease of 6% year over year.

●     Active buyers as of December 31, 2023 was 4.1 million, compared to 4.3 million as of December 31, 2022, a decrease of 5% year over year.

●     Active buyers were 4.2 million as of September 30, 2023 and 2022, respectively.

●     Active buyers was 4.2 million as of June 30, 2023 and 2022, respectively.

●     Active buyers as of March 31, 2023 grew to 4.3 million, compared to 4.2 million as of March 31, 2022, an increase of 0.3% year over year.

 

Annual active buyers dropped from 3.5 million to 2.9 million year over year. That is a decline of roughly 600 000 buyers, or about 17.8 %.

With the Q1 2026 results out, the number of active buyers dropped again. Roughly another 200K gone compared to last quarter.

 At this point, that’s not really surprising anymore. It’s becoming a pattern.

What stands out isn’t just the number itself, but how it shows up in daily work. Not necessarily a collapse in orders, but a different rhythm. Fewer new clients coming in, more reliance on repeat buyers, and longer, less predictable gaps in between.

Revenue is slightly down, buyer numbers are down, and even though profitability is being managed well, it’s clear where the pressure is coming from.

At the same time, Fiverr continues to push towards higher spend per buyer. That part is clear. But that direction quietly sidelines a big part of the marketplace. $5 services and new sellers aren’t exactly aligned with that model.