10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$431M2017-12-31 → 2025-12-31
EPS$0.562020-12-31 → 2025-12-31
Free Cash Flow$104M2019-12-31 → 2025-12-31
Net margin4.9%2019-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
FVRR
5Y avg
Peer Median
Verdict
P/E
15.25Y avg ≈65.2
≈65.2
·
·
P/S
0.75Y avg ≈5.0
≈5.0
·
·
P/B
0.75Y avg ≈4.8
≈4.8
·
·
Price / FCF
3.05Y avg ≈37.3
≈37.3
·
·
Price / Cash Flow
2.95Y avg ≈35.9
≈35.9
·
·
Price / Tangible Book
1.25Y avg ≈7.5
≈7.5
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
FVRR
5Y avg
Peer Median
Verdict
Gross Margin
81.6%5Y avg ≈81.9%
≈81.9%
·
·
Operating Margin
-0.27%5Y avg ≈-9.2%
≈-9.2%
·
·
EBITDA Margin
3.1%5Y avg ≈-6.5%
≈-6.5%
·
·
Pretax Margin
5.4%5Y avg ≈-6.6%
≈-6.6%
·
·
Net Profit Margin
4.9%5Y avg ≈-6.5%
≈-6.5%
·
·
ROA
2.4%5Y avg ≈-2.1%
≈-2.1%
·
·
ROE
5.4%5Y avg ≈-6.1%
≈-6.1%
·
·
ROIC
-0.26%5Y avg ≈-10.3%
≈-10.3%
·
·
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
FVRR
5Y avg
Peer Median
Verdict
Current Ratio
1.95Y avg ≈2.3
≈2.3
·
·
Quick Ratio
1.05Y avg ≈1.2
≈1.2
·
·
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
FVRR
5Y avg
Peer Median
Verdict
EPS (Diluted)
$0.565Y avg ≈$-0.52
≈$-0.52
·
·
Revenue / Share
$11.595Y avg ≈$10.08
≈$10.08
·
·
Cash Flow / Share
$2.815Y avg ≈$1.99
≈$1.99
·
·
Cash / Share
$3.475Y avg ≈$3.24
≈$3.24
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
FVRR
5Y avg
Peer Median
Verdict
Asset Turnover
0.55Y avg ≈0.4
≈0.4
·
·
Revenue / Employee
≈$816.1K
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise5.0%
Next ReportNov 03, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 28, 2026
$0.50
$0.53
-5.0%
March 31, 2026
$0.62
$0.63
-0.96%
Dec. 31, 2025
$0.88
$0.74
19.0%
Sept. 30, 2025
$0.77
$0.70
10.2%
June 30, 2025
$0.69
$0.68
1.2%
March 31, 2025
$0.64
$0.61
5.7%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement16
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
Revenue
$431M
$391M
$361M
$337M
$298M
$190M
$107M
$76M
Cost of Revenue
$79M
$71M
$62M
$66M
$52M
$33M
$22M
$16M
Gross Profit
$351M
$321M
$300M
$271M
$246M
$156M
$85M
$60M
R&D Expense
$91M
$90M
$91M
$93M
$79M
$46M
$34M
$26M
SG&A Expense
$85M
$75M
$63M
$51M
$53M
$28M
$22M
$21M
Operating Expenses
$353M
$337M
$315M
$346M
$291M
$168M
$120M
$96M
Operating Income
$-1M
$-16M
$-15M
$-75M
$-45M
$-12M
$-35M
$-36M
Interest Income
$26M
$27M
$22M
$13M
$10M
$2M
$2M
$645.0K
Pretax Income
$23M
$12M
$5M
$-71M
$-65M
$-15M
$-33M
$-36M
Income Tax
$2M
$-6M
$1M
$577.0K
$159.0K
$200.0K
$160.0K
·
Net Income
$21M
$18M
$4M
$-71M
$-65M
$-15M
$-34M
$-36M
EPS (Basic)
$0.58
$0.49
$0.10
$-1.94
$-1.81
$-0.46
·
·
EPS (Diluted)
$0.56
$0.48
$0.09
$-1.94
$-1.81
$-0.46
·
·
Shares (Basic)
36,281,883
36,984,757
38,066,203
36,856,140
35,955,014
32,323,636
·
·
Shares (Diluted)
37,174,763
37,840,154
39,151,047
36,856,140
35,955,014
32,323,636
·
·
EBITDA
$14M
$-5M
$-9M
$-64M
$-38M
$-7M
$-31M
·
Balance Sheet26
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
Cash & Equivalents
$125M
$133M
$184M
$87M
$71M
$268M
$24M
·
Short-term Investments
$118M
$289M
$148M
$241M
$118M
$129M
$89M
·
Prepaid Expense
$3M
$4M
$4M
·
·
·
·
·
Other Current Assets
$2M
$2M
$2M
·
·
·
·
·
Current Assets
$481M
$756M
$594M
$625M
$468M
$591M
$187M
$97M
PP&E (Net)
$3M
$4M
$5M
$6M
$7M
$6M
$5M
$5M
PP&E (Gross)
$15M
$15M
$14M
$13M
$12M
$11M
$8M
$7M
Accum. Depreciation
$11M
$11M
$9M
$8M
$6M
$4M
$3M
$2M
Goodwill
$126M
$110M
$77M
$77M
$77M
$11M
$11M
$1M
Intangibles
$37M
$42M
$11M
$15M
$49M
$6M
$7M
$4M
Other Non-current Assets
$8M
$8M
$1M
$2M
$1M
$415.0K
$522.0K
$456.0K
Total Assets
$685M
$1.07B
$1.02B
$924M
$932M
$861M
$236M
$111M
Accounts Payable
$68M
$57M
$44M
$41M
$44M
$40M
$21M
$10M
Current Liabilities
$249M
$685M
$205M
$197M
$189M
$146M
$82M
$54M
Capital Leases
$798.0K
$3M
$4M
$7M
$10M
$14M
·
·
Other Non-current Liabilities
$23M
$20M
$3M
$2M
$841.0K
$383.0K
$638.0K
·
Total Liabilities
$273M
$707M
$668M
$658M
$585M
$516M
$88M
$57M
Long-term Debt
·
·
·
·
$2M
$3M
$3M
$3M
Total Debt
·
·
·
$0
$2M
$3M
$3M
·
Common Stock
$0
$0
$0
·
$0
$0
·
$178M
Paid-in Capital
$786M
$727M
$641M
$566M
$586M
$517M
$306M
·
Retained Earnings
$-378M
$-366M
$-284M
$-288M
$-238M
$-173M
$-158M
$-124M
AOCI
$4M
$2M
$-714.0K
$-12M
$-1M
$532.0K
$238.0K
$-598.0K
Stockholders' Equity
$412M
$363M
$356M
$266M
$347M
$345M
$149M
$54M
Liabilities + Equity
$685M
$1.07B
$1.02B
$924M
$932M
$861M
$236M
$111M
Shares Outstanding
36,093,139
35,844,114
38,653,958
37,537,563
36,761,108
35,842,980
31,937,772
7,063,458
Cash Flow15
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
D&A
$15M
$10M
$6M
$10M
$7M
$4M
$4M
$2M
Stock-based Comp
$51M
$74M
$69M
$72M
$55M
$16M
$9M
$12M
Deferred Tax
$-5M
$-17M
$0
$0
·
·
·
·
Amort. of Intangibles
$13M
$9M
$4M
$8M
$5M
$3M
$3M
$1M
Other Non-cash
$23M
$-3M
$5M
$20M
$41M
$12M
$7M
·
Operating Cash Flow
$105M
$83M
$83M
$30M
$38M
$17M
$-14M
$-52M
CapEx
$647.0K
$1M
$1M
$1M
$2M
$2M
$1M
$767.0K
Investing Cash Flow
$379M
$-29M
$10M
$-15M
$-229M
$-326M
$-136M
$26M
Net Debt Issued
·
$0
$0
$-2M
$-565.0K
$-524.0K
$-470.0K
·
Stock Repurchased
$33M
$100M
$0
$0
·
·
·
·
Net Stock Activity
$-33M
$-100M
·
·
·
·
·
·
Financing Cash Flow
$-492M
$-104M
$3M
$-2M
$-2M
$552M
$118M
$54M
Net Change in Cash
$-8M
$-50M
$96M
$14M
$-194M
$244M
$-32M
$28M
Taxes Paid
$8M
$6M
$589.0K
$235.0K
$78.0K
$0
$36.0K
$146.0K
Free Cash Flow
$104M
$82M
$82M
$29M
$36M
$15M
$-15M
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
Gross Margin
81.6%
82.0%
82.9%
80.5%
82.6%
82.5%
79.2%
·
Operating Margin
-0.27%
-4.0%
-4.2%
-22.1%
-15.2%
-6.2%
-32.5%
·
Net Margin
4.9%
4.7%
1.0%
-21.2%
-21.8%
-7.8%
-31.3%
·
Pretax Margin
5.4%
3.0%
1.4%
-21.0%
-21.8%
-7.7%
-31.2%
·
EBITDA Margin
3.1%
-1.4%
-2.5%
-19.1%
-12.9%
-3.9%
-29.1%
·
ROA
2.4%
1.7%
0.38%
-7.7%
-7.2%
-2.7%
-19.3%
·
ROE
5.4%
5.1%
1.2%
-23.3%
-18.8%
-6.0%
-33.1%
·
ROIC
-0.26%
-6.7%
-3.1%
-28.3%
-13.0%
-3.4%
-23.0%
·
Liquidity & Solvency4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
Current Ratio
1.9
1.1
2.9
3.2
2.5
4.1
2.3
·
Quick Ratio
1.0
0.6
1.6
1.7
1.0
2.7
1.1
·
Debt / Equity
·
·
·
0.0
0.0
0.0
0.0
·
LT Debt / Equity
·
·
·
·
0.0
0.0
0.0
·
Efficiency1
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
Asset Turnover
0.5
0.4
0.4
0.4
0.3
0.3
0.6
·
Per Share5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
Book Value / Share
$11.41
$10.12
$9.20
$7.08
$9.44
$9.64
$4.66
·
Revenue / Share
$11.59
$10.35
$9.23
$9.15
·
·
·
·
Cash Flow / Share
$2.81
$2.20
$2.12
$0.82
·
·
·
·
Cash / Share
$3.47
$3.72
$4.75
$2.31
$1.94
$7.48
·
·
EPS (TTM)
$0.56
$0.48
$0.09
$-1.94
$-1.81
$-0.46
·
·
Valuation (TTM)14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
Revenue TTM
$431M
$391M
$361M
$337M
$298M
$190M
$107M
·
Net Income TTM
$21M
$18M
$4M
$-71M
$-65M
$-15M
$-34M
·
Market Cap
$713M
$1.14B
$1.05B
$1.09B
$4.18B
$6.99B
$751M
·
Enterprise Value
·
·
·
$766M
$3.99B
$6.60B
·
·
P/E
35.3
66.1
302.4
-15.0
-62.8
-424.1
·
·
P/S
1.7
2.9
2.9
3.2
14.0
36.9
7.0
·
P/B
1.7
3.1
3.0
4.1
12.0
20.2
5.0
·
P / Tangible Book
2.9
5.4
3.9
6.3
19.0
21.3
·
·
P / Cash Flow
6.8
13.7
12.6
36.3
109.9
408.1
-53.8
·
P / FCF
6.9
13.9
12.8
37.8
115.0
464.9
-50.2
·
EV / EBITDA
·
·
·
-11.9
-103.8
-883.1
·
·
EV / FCF
·
·
·
26.5
109.8
438.7
·
·
EV / Revenue
·
·
·
2.3
13.4
34.8
·
·
Earnings Yield
2.8%
1.5%
0.33%
-6.7%
-1.6%
-0.24%
·
·
No quarterly filings for FVRR
We don't have SEC filings for this ticker yet.
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$431M
$391M
$361M
$337M
$298M
Gross Margin %
81.6%
82.0%
82.9%
80.5%
82.6%
Operating Margin %
-0.27%
-4.0%
-4.2%
-22.1%
-15.2%
Net Income
$21M
$18M
$4M
$-71M
$-65M
Diluted EPS
$0.56
$0.48
$0.09
$-1.94
$-1.81
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
·
·
·
0.0
0.0
Current Ratio
1.9
1.1
2.9
3.2
2.5
Quick Ratio
1.0
0.6
1.6
1.7
1.0
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$104M
$82M
$82M
$29M
$36M
Institutional owners (13F)
172 filers
· $197.8M total
· As of June 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders172
Value held$197.8M
New positions34
Exited positions45
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
34 (-12 vs prior Q)
45 (-3 vs prior Q)
38 (0 vs prior Q)
42 (-12 vs prior Q)
+468K
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.