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Side-by-side financial comparison of Fiverr International Ltd. (FVRR) and GOLDEN ENTERTAINMENT, INC. (GDEN). Click either name above to swap in a different company.

Fiverr International Ltd. is the larger business by last-quarter revenue ($287.8M vs $155.6M, roughly 1.8× GOLDEN ENTERTAINMENT, INC.). Fiverr International Ltd. runs the higher net margin — 1.9% vs -5.5%, a 7.4% gap on every dollar of revenue. Fiverr International Ltd. produced more free cash flow last quarter ($52.1M vs $-4.4M). Over the past eight quarters, Fiverr International Ltd.'s revenue compounded faster (29.5% CAGR vs -5.4%).

Fiverr International Ltd. operates a global online freelance services marketplace connecting businesses and independent creators across over 160 countries. It offers services covering digital marketing, graphic design, programming, writing, video editing, and other professional fields, catering to SMEs, startups, and enterprise clients needing flexible on-demand talent solutions.

Golden Entertainment, Inc. is an American gambling company based in Enterprise, Nevada that operates casinos and taverns. It was formed in 2015 by the merger of Golden Gaming and Lakes Entertainment. It is the largest tavern operator in Nevada. In October 2017, the company completed an $850 million acquisition of American Casino & Entertainment Properties. The company now has eight casino resorts, all located in Southern Nevada.

FVRR vs GDEN — Head-to-Head

Bigger by revenue
FVRR
FVRR
1.8× larger
FVRR
$287.8M
$155.6M
GDEN
Higher net margin
FVRR
FVRR
7.4% more per $
FVRR
1.9%
-5.5%
GDEN
More free cash flow
FVRR
FVRR
$56.4M more FCF
FVRR
$52.1M
$-4.4M
GDEN
Faster 2-yr revenue CAGR
FVRR
FVRR
Annualised
FVRR
29.5%
-5.4%
GDEN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FVRR
FVRR
GDEN
GDEN
Revenue
$287.8M
$155.6M
Net Profit
$5.4M
$-8.5M
Gross Margin
82.5%
92.5%
Operating Margin
-3.5%
-1.5%
Net Margin
1.9%
-5.5%
Revenue YoY
-5.2%
Net Profit YoY
-386.0%
EPS (diluted)
$-0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FVRR
FVRR
GDEN
GDEN
Q4 25
$155.6M
Q3 25
$287.8M
$154.8M
Q2 25
$188.2M
$163.6M
Q1 25
$93.5M
$160.8M
Q4 24
$164.2M
Q3 24
$269.9M
$161.2M
Q2 24
$177.3M
$167.3M
Q1 24
$88.0M
$174.0M
Net Profit
FVRR
FVRR
GDEN
GDEN
Q4 25
$-8.5M
Q3 25
$5.4M
$-4.7M
Q2 25
$4.1M
$4.6M
Q1 25
$788.0K
$2.5M
Q4 24
$3.0M
Q3 24
$-1.0M
$5.2M
Q2 24
$-4.0M
$623.0K
Q1 24
$-4.3M
$42.0M
Gross Margin
FVRR
FVRR
GDEN
GDEN
Q4 25
92.5%
Q3 25
82.5%
92.8%
Q2 25
83.3%
93.1%
Q1 25
83.5%
92.7%
Q4 24
96.3%
Q3 24
82.8%
93.0%
Q2 24
82.4%
93.2%
Q1 24
82.2%
89.9%
Operating Margin
FVRR
FVRR
GDEN
GDEN
Q4 25
-1.5%
Q3 25
-3.5%
0.6%
Q2 25
-3.4%
7.3%
Q1 25
-4.4%
6.9%
Q4 24
7.1%
Q3 24
-5.0%
4.2%
Q2 24
-6.3%
8.1%
Q1 24
-8.1%
46.0%
Net Margin
FVRR
FVRR
GDEN
GDEN
Q4 25
-5.5%
Q3 25
1.9%
-3.0%
Q2 25
2.2%
2.8%
Q1 25
0.8%
1.6%
Q4 24
1.8%
Q3 24
-0.4%
3.2%
Q2 24
-2.3%
0.4%
Q1 24
-4.9%
24.1%
EPS (diluted)
FVRR
FVRR
GDEN
GDEN
Q4 25
$-0.31
Q3 25
$-0.18
Q2 25
$0.17
Q1 25
$0.09
Q4 24
$0.14
Q3 24
$0.18
Q2 24
$0.02
Q1 24
$1.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FVRR
FVRR
GDEN
GDEN
Cash + ST InvestmentsLiquidity on hand
$133.5M
$55.3M
Total DebtLower is stronger
$426.6M
Stockholders' EquityBook value
$362.6M
$420.9M
Total Assets
$1.1B
$1.0B
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVRR
FVRR
GDEN
GDEN
Q4 25
$55.3M
Q3 25
$133.5M
$58.3M
Q2 25
$578.4M
$52.3M
Q1 25
$133.5M
$50.5M
Q4 24
$57.7M
Q3 24
$183.7M
$68.6M
Q2 24
$183.7M
$88.6M
Q1 24
$183.7M
$404.3M
Total Debt
FVRR
FVRR
GDEN
GDEN
Q4 25
$426.6M
Q3 25
$417.3M
Q2 25
$423.3M
Q1 25
$399.3M
Q4 24
$405.3M
Q3 24
$386.3M
Q2 24
$388.2M
Q1 24
$660.9M
Stockholders' Equity
FVRR
FVRR
GDEN
GDEN
Q4 25
$420.9M
Q3 25
$362.6M
$434.2M
Q2 25
$404.9M
$443.3M
Q1 25
$362.6M
$462.0M
Q4 24
$474.2M
Q3 24
$355.8M
$513.1M
Q2 24
$355.8M
$539.0M
Q1 24
$355.8M
$569.6M
Total Assets
FVRR
FVRR
GDEN
GDEN
Q4 25
$1.0B
Q3 25
$1.1B
$1.0B
Q2 25
$1.1B
$1.0B
Q1 25
$1.1B
$1.1B
Q4 24
$1.1B
Q3 24
$1.0B
$1.1B
Q2 24
$1.0B
$1.2B
Q1 24
$1.0B
$1.5B
Debt / Equity
FVRR
FVRR
GDEN
GDEN
Q4 25
1.01×
Q3 25
0.96×
Q2 25
0.95×
Q1 25
0.86×
Q4 24
0.85×
Q3 24
0.75×
Q2 24
0.72×
Q1 24
1.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FVRR
FVRR
GDEN
GDEN
Operating Cash FlowLast quarter
$53.0M
$10.2M
Free Cash FlowOCF − Capex
$52.1M
$-4.4M
FCF MarginFCF / Revenue
18.1%
-2.8%
Capex IntensityCapex / Revenue
0.3%
9.4%
Cash ConversionOCF / Net Profit
9.81×
TTM Free Cash FlowTrailing 4 quarters
$124.9M
$35.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVRR
FVRR
GDEN
GDEN
Q4 25
$10.2M
Q3 25
$53.0M
$26.9M
Q2 25
$42.2M
$17.4M
Q1 25
$21.2M
$28.6M
Q4 24
$22.5M
Q3 24
$10.9M
$22.5M
Q2 24
$32.2M
$21.5M
Q1 24
$21.2M
$25.8M
Free Cash Flow
FVRR
FVRR
GDEN
GDEN
Q4 25
$-4.4M
Q3 25
$52.1M
$19.3M
Q2 25
$41.5M
$4.0M
Q1 25
$20.8M
$16.6M
Q4 24
$14.3M
Q3 24
$10.6M
$14.7M
Q2 24
$31.5M
$3.9M
Q1 24
$20.8M
$9.5M
FCF Margin
FVRR
FVRR
GDEN
GDEN
Q4 25
-2.8%
Q3 25
18.1%
12.5%
Q2 25
22.0%
2.4%
Q1 25
22.3%
10.4%
Q4 24
8.7%
Q3 24
3.9%
9.1%
Q2 24
17.8%
2.3%
Q1 24
23.7%
5.5%
Capex Intensity
FVRR
FVRR
GDEN
GDEN
Q4 25
9.4%
Q3 25
0.3%
4.9%
Q2 25
0.4%
8.2%
Q1 25
0.4%
7.4%
Q4 24
5.0%
Q3 24
0.1%
4.9%
Q2 24
0.4%
10.5%
Q1 24
0.4%
9.3%
Cash Conversion
FVRR
FVRR
GDEN
GDEN
Q4 25
Q3 25
9.81×
Q2 25
10.40×
3.76×
Q1 25
26.90×
11.43×
Q4 24
7.57×
Q3 24
4.36×
Q2 24
34.51×
Q1 24
0.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FVRR
FVRR

Segment breakdown not available.

GDEN
GDEN

Nevada Casino Resorts$90.2M58%
Nevada Locals Casinos$37.4M24%
Nevada Taverns$27.7M18%

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