Fiverr cuts guidance as AI bites

Fiverr cut its annual guidance after Q2 2026 results revealed an AI-driven slowdown. Revenue forecast dropped to $356-372 million, a 14-17% decline from 2025. CEO Micha Kaufman cited accelerated AI adoption causing significant slowdown in demand and traffic. Stock fell 19% pre-market.

Fiverr cut its annual guidance after Q2 2026 results revealed a market shift driven by AI. Revenue forecast dropped from $380-420 million to $356-372 million, a 14-17% decline from 2025. EBITDA forecast also fell from $64-80 million to $52-62 million. CEO Micha Kaufman said customers are accelerating AI adoption, causing a significant slowdown in demand and traffic. The company is focusing on higher-value complex projects. Fiverr laid off 33% of employees last September. Stock fell 19% pre-market.