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Side-by-side financial comparison of Fiverr International Ltd. (FVRR) and National Storage Affiliates Trust (NSA). Click either name above to swap in a different company.

Fiverr International Ltd. is the larger business by last-quarter revenue ($287.8M vs $187.0M, roughly 1.5× National Storage Affiliates Trust). National Storage Affiliates Trust runs the higher net margin — 12.2% vs 1.9%, a 10.4% gap on every dollar of revenue. National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $52.1M). Over the past eight quarters, Fiverr International Ltd.'s revenue compounded faster (29.5% CAGR vs -2.4%).

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.

National Storage Affiliates Trust is a U.S.-headquartered real estate investment trust focused on self-storage assets. It owns, operates and acquires self-storage facilities across dozens of U.S. states, offering secure storage solutions for residential and commercial customers.

FVRR vs NSA — Head-to-Head

Bigger by revenue
FVRR
FVRR
1.5× larger
FVRR
$287.8M
$187.0M
NSA
Higher net margin
NSA
NSA
10.4% more per $
NSA
12.2%
1.9%
FVRR
More free cash flow
NSA
NSA
$247.8M more FCF
NSA
$299.8M
$52.1M
FVRR
Faster 2-yr revenue CAGR
FVRR
FVRR
Annualised
FVRR
29.5%
-2.4%
NSA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FVRR
FVRR
NSA
NSA
Revenue
$287.8M
$187.0M
Net Profit
$5.4M
$22.9M
Gross Margin
82.5%
72.5%
Operating Margin
-3.5%
20.2%
Net Margin
1.9%
12.2%
Revenue YoY
-1.6%
Net Profit YoY
36.8%
EPS (diluted)
$0.23

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
NSA
NSA
Q4 25
$187.0M
Q3 25
$287.8M
$188.7M
Q2 25
$188.2M
$188.8M
Q1 25
$93.5M
$188.4M
Q4 24
$190.1M
Q3 24
$269.9M
$193.6M
Q2 24
$177.3M
$190.4M
Q1 24
$88.0M
$196.1M
Net Profit
FVRR
FVRR
NSA
NSA
Q4 25
$22.9M
Q3 25
$5.4M
$18.4M
Q2 25
$4.1M
$19.5M
Q1 25
$788.0K
$13.0M
Q4 24
$16.7M
Q3 24
$-1.0M
$18.7M
Q2 24
$-4.0M
$17.1M
Q1 24
$-4.3M
$59.0M
Gross Margin
FVRR
FVRR
NSA
NSA
Q4 25
72.5%
Q3 25
82.5%
70.7%
Q2 25
83.3%
70.5%
Q1 25
83.5%
70.7%
Q4 24
72.5%
Q3 24
82.8%
72.8%
Q2 24
82.4%
72.6%
Q1 24
82.2%
72.1%
Operating Margin
FVRR
FVRR
NSA
NSA
Q4 25
20.2%
Q3 25
-3.5%
15.8%
Q2 25
-3.4%
16.5%
Q1 25
-4.4%
11.0%
Q4 24
14.5%
Q3 24
-5.0%
15.8%
Q2 24
-6.3%
17.2%
Q1 24
-8.1%
48.9%
Net Margin
FVRR
FVRR
NSA
NSA
Q4 25
12.2%
Q3 25
1.9%
9.8%
Q2 25
2.2%
10.3%
Q1 25
0.8%
6.9%
Q4 24
8.8%
Q3 24
-0.4%
9.7%
Q2 24
-2.3%
9.0%
Q1 24
-4.9%
30.1%
EPS (diluted)
FVRR
FVRR
NSA
NSA
Q4 25
$0.23
Q3 25
$0.17
Q2 25
$0.19
Q1 25
$0.10
Q4 24
$0.19
Q3 24
$0.18
Q2 24
$0.16
Q1 24
$0.65

Balance Sheet & Financial Strength

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

Metric
FVRR
FVRR
NSA
NSA
Cash + ST InvestmentsLiquidity on hand
$133.5M
$23.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$362.6M
$946.0M
Total Assets
$1.1B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVRR
FVRR
NSA
NSA
Q4 25
$23.3M
Q3 25
$133.5M
$26.3M
Q2 25
$578.4M
$26.1M
Q1 25
$133.5M
$19.3M
Q4 24
$50.4M
Q3 24
$183.7M
$69.9M
Q2 24
$183.7M
$59.0M
Q1 24
$183.7M
$64.2M
Stockholders' Equity
FVRR
FVRR
NSA
NSA
Q4 25
$946.0M
Q3 25
$362.6M
$973.1M
Q2 25
$404.9M
$1.0B
Q1 25
$362.6M
$1.0B
Q4 24
$1.1B
Q3 24
$355.8M
$986.9M
Q2 24
$355.8M
$1.2B
Q1 24
$355.8M
$1.3B
Total Assets
FVRR
FVRR
NSA
NSA
Q4 25
$5.1B
Q3 25
$1.1B
$5.1B
Q2 25
$1.1B
$5.2B
Q1 25
$1.1B
$5.3B
Q4 24
$5.4B
Q3 24
$1.0B
$5.4B
Q2 24
$1.0B
$5.3B
Q1 24
$1.0B
$5.4B

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
NSA
NSA
Operating Cash FlowLast quarter
$53.0M
$338.5M
Free Cash FlowOCF − Capex
$52.1M
$299.8M
FCF MarginFCF / Revenue
18.1%
160.3%
Capex IntensityCapex / Revenue
0.3%
20.7%
Cash ConversionOCF / Net Profit
9.81×
14.79×
TTM Free Cash FlowTrailing 4 quarters
$124.9M
$541.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVRR
FVRR
NSA
NSA
Q4 25
$338.5M
Q3 25
$53.0M
$100.2M
Q2 25
$42.2M
$79.9M
Q1 25
$21.2M
$85.6M
Q4 24
$363.1M
Q3 24
$10.9M
$105.7M
Q2 24
$32.2M
$83.2M
Q1 24
$21.2M
$94.0M
Free Cash Flow
FVRR
FVRR
NSA
NSA
Q4 25
$299.8M
Q3 25
$52.1M
$88.0M
Q2 25
$41.5M
$73.8M
Q1 25
$20.8M
$79.9M
Q4 24
$344.4M
Q3 24
$10.6M
$101.8M
Q2 24
$31.5M
$79.5M
Q1 24
$20.8M
$88.6M
FCF Margin
FVRR
FVRR
NSA
NSA
Q4 25
160.3%
Q3 25
18.1%
46.6%
Q2 25
22.0%
39.1%
Q1 25
22.3%
42.4%
Q4 24
181.2%
Q3 24
3.9%
52.6%
Q2 24
17.8%
41.7%
Q1 24
23.7%
45.2%
Capex Intensity
FVRR
FVRR
NSA
NSA
Q4 25
20.7%
Q3 25
0.3%
6.5%
Q2 25
0.4%
3.2%
Q1 25
0.4%
3.0%
Q4 24
9.8%
Q3 24
0.1%
2.0%
Q2 24
0.4%
1.9%
Q1 24
0.4%
2.7%
Cash Conversion
FVRR
FVRR
NSA
NSA
Q4 25
14.79×
Q3 25
9.81×
5.44×
Q2 25
10.40×
4.10×
Q1 25
26.90×
6.59×
Q4 24
21.70×
Q3 24
5.65×
Q2 24
4.88×
Q1 24
1.59×

Financial Flow Comparison

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

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