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Side-by-side financial comparison of Fiverr International Ltd. (FVRR) and Inspire Medical Systems, Inc. (INSP). Click either name above to swap in a different company.

Fiverr International Ltd. is the larger business by last-quarter revenue ($287.8M vs $269.1M, roughly 1.1× Inspire Medical Systems, Inc.). Inspire Medical Systems, Inc. runs the higher net margin — 50.6% vs 1.9%, a 48.7% gap on every dollar of revenue. Fiverr International Ltd. produced more free cash flow last quarter ($52.1M vs $41.8M). Over the past eight quarters, Fiverr International Ltd.'s revenue compounded faster (29.5% CAGR vs 28.1%).

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.

Inspire Medical Systems, Inc. is a medical technology firm that develops, manufactures and commercializes implantable neurostimulation solutions for obstructive sleep apnea. Its core product serves patients intolerant to CPAP therapy, with main markets across North America, Europe, and select Asia-Pacific regions, operating in sleep medicine and otolaryngology segments.

FVRR vs INSP — Head-to-Head

Bigger by revenue
FVRR
FVRR
1.1× larger
FVRR
$287.8M
$269.1M
INSP
Higher net margin
INSP
INSP
48.7% more per $
INSP
50.6%
1.9%
FVRR
More free cash flow
FVRR
FVRR
$10.2M more FCF
FVRR
$52.1M
$41.8M
INSP
Faster 2-yr revenue CAGR
FVRR
FVRR
Annualised
FVRR
29.5%
28.1%
INSP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FVRR
FVRR
INSP
INSP
Revenue
$287.8M
$269.1M
Net Profit
$5.4M
$136.1M
Gross Margin
82.5%
86.6%
Operating Margin
-3.5%
17.1%
Net Margin
1.9%
50.6%
Revenue YoY
12.2%
Net Profit YoY
286.4%
EPS (diluted)
$4.57

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
INSP
INSP
Q4 25
$269.1M
Q3 25
$287.8M
$224.5M
Q2 25
$188.2M
$217.1M
Q1 25
$93.5M
$201.3M
Q4 24
$239.7M
Q3 24
$269.9M
$203.2M
Q2 24
$177.3M
$195.9M
Q1 24
$88.0M
$164.0M
Net Profit
FVRR
FVRR
INSP
INSP
Q4 25
$136.1M
Q3 25
$5.4M
$9.9M
Q2 25
$4.1M
$-3.6M
Q1 25
$788.0K
$3.0M
Q4 24
$35.2M
Q3 24
$-1.0M
$18.5M
Q2 24
$-4.0M
$9.8M
Q1 24
$-4.3M
$-10.0M
Gross Margin
FVRR
FVRR
INSP
INSP
Q4 25
86.6%
Q3 25
82.5%
85.8%
Q2 25
83.3%
84.0%
Q1 25
83.5%
84.7%
Q4 24
85.0%
Q3 24
82.8%
84.1%
Q2 24
82.4%
84.8%
Q1 24
82.2%
84.9%
Operating Margin
FVRR
FVRR
INSP
INSP
Q4 25
17.1%
Q3 25
-3.5%
4.3%
Q2 25
-3.4%
-1.5%
Q1 25
-4.4%
-0.7%
Q4 24
13.3%
Q3 24
-5.0%
7.0%
Q2 24
-6.3%
2.6%
Q1 24
-8.1%
-9.3%
Net Margin
FVRR
FVRR
INSP
INSP
Q4 25
50.6%
Q3 25
1.9%
4.4%
Q2 25
2.2%
-1.7%
Q1 25
0.8%
1.5%
Q4 24
14.7%
Q3 24
-0.4%
9.1%
Q2 24
-2.3%
5.0%
Q1 24
-4.9%
-6.1%
EPS (diluted)
FVRR
FVRR
INSP
INSP
Q4 25
$4.57
Q3 25
$0.34
Q2 25
$-0.12
Q1 25
$0.10
Q4 24
$1.17
Q3 24
$0.60
Q2 24
$0.32
Q1 24
$-0.34

Balance Sheet & Financial Strength

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

Metric
FVRR
FVRR
INSP
INSP
Cash + ST InvestmentsLiquidity on hand
$133.5M
$308.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$362.6M
$781.2M
Total Assets
$1.1B
$907.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVRR
FVRR
INSP
INSP
Q4 25
$308.3M
Q3 25
$133.5M
$322.6M
Q2 25
$578.4M
$300.9M
Q1 25
$133.5M
$369.2M
Q4 24
$445.5M
Q3 24
$183.7M
$411.0M
Q2 24
$183.7M
$439.7M
Q1 24
$183.7M
$441.4M
Stockholders' Equity
FVRR
FVRR
INSP
INSP
Q4 25
$781.2M
Q3 25
$362.6M
$666.5M
Q2 25
$404.9M
$677.8M
Q1 25
$362.6M
$635.7M
Q4 24
$689.7M
Q3 24
$355.8M
$696.6M
Q2 24
$355.8M
$638.1M
Q1 24
$355.8M
$589.0M
Total Assets
FVRR
FVRR
INSP
INSP
Q4 25
$907.3M
Q3 25
$1.1B
$807.7M
Q2 25
$1.1B
$802.2M
Q1 25
$1.1B
$730.8M
Q4 24
$808.4M
Q3 24
$1.0B
$796.2M
Q2 24
$1.0B
$728.4M
Q1 24
$1.0B
$685.8M

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
INSP
INSP
Operating Cash FlowLast quarter
$53.0M
$52.5M
Free Cash FlowOCF − Capex
$52.1M
$41.8M
FCF MarginFCF / Revenue
18.1%
15.5%
Capex IntensityCapex / Revenue
0.3%
4.0%
Cash ConversionOCF / Net Profit
9.81×
0.39×
TTM Free Cash FlowTrailing 4 quarters
$124.9M
$78.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVRR
FVRR
INSP
INSP
Q4 25
$52.5M
Q3 25
$53.0M
$68.5M
Q2 25
$42.2M
$2.7M
Q1 25
$21.2M
$-6.7M
Q4 24
$69.2M
Q3 24
$10.9M
$52.3M
Q2 24
$32.2M
$-78.0K
Q1 24
$21.2M
$8.9M
Free Cash Flow
FVRR
FVRR
INSP
INSP
Q4 25
$41.8M
Q3 25
$52.1M
$58.1M
Q2 25
$41.5M
$-6.3M
Q1 25
$20.8M
$-15.1M
Q4 24
$62.2M
Q3 24
$10.6M
$44.3M
Q2 24
$31.5M
$-12.5M
Q1 24
$20.8M
$-2.8M
FCF Margin
FVRR
FVRR
INSP
INSP
Q4 25
15.5%
Q3 25
18.1%
25.9%
Q2 25
22.0%
-2.9%
Q1 25
22.3%
-7.5%
Q4 24
25.9%
Q3 24
3.9%
21.8%
Q2 24
17.8%
-6.4%
Q1 24
23.7%
-1.7%
Capex Intensity
FVRR
FVRR
INSP
INSP
Q4 25
4.0%
Q3 25
0.3%
4.6%
Q2 25
0.4%
4.1%
Q1 25
0.4%
4.2%
Q4 24
2.9%
Q3 24
0.1%
3.9%
Q2 24
0.4%
6.3%
Q1 24
0.4%
7.1%
Cash Conversion
FVRR
FVRR
INSP
INSP
Q4 25
0.39×
Q3 25
9.81×
6.90×
Q2 25
10.40×
Q1 25
26.90×
-2.24×
Q4 24
1.96×
Q3 24
2.83×
Q2 24
-0.01×
Q1 24

Financial Flow Comparison

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

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