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

Fiverr International Ltd. is the larger business by last-quarter revenue ($287.8M vs $225.2M, roughly 1.3× PLUG POWER INC). Fiverr International Ltd. runs the higher net margin — 1.9% vs -375.6%, a 377.5% gap on every dollar of revenue. Fiverr International Ltd. produced more free cash flow last quarter ($52.1M vs $-153.0M). Over the past eight quarters, PLUG POWER INC's revenue compounded faster (36.8% CAGR vs 29.5%).

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.

Plug Power Inc. is an American company engaged in the development of hydrogen fuel cell and electrolyzer systems that replace conventional batteries in equipment and vehicles powered by electricity. The company is headquartered in Slingerlands, New York, and has facilities in Spokane, Washington, and Rochester, New York.

FVRR vs PLUG — Head-to-Head

Bigger by revenue
FVRR
FVRR
1.3× larger
FVRR
$287.8M
$225.2M
PLUG
Higher net margin
FVRR
FVRR
377.5% more per $
FVRR
1.9%
-375.6%
PLUG
More free cash flow
FVRR
FVRR
$205.1M more FCF
FVRR
$52.1M
$-153.0M
PLUG
Faster 2-yr revenue CAGR
PLUG
PLUG
Annualised
PLUG
36.8%
29.5%
FVRR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FVRR
FVRR
PLUG
PLUG
Revenue
$287.8M
$225.2M
Net Profit
$5.4M
$-846.0M
Gross Margin
82.5%
2.4%
Operating Margin
-3.5%
-338.9%
Net Margin
1.9%
-375.6%
Revenue YoY
17.6%
Net Profit YoY
36.7%
EPS (diluted)
$-0.70

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
PLUG
PLUG
Q4 25
$225.2M
Q3 25
$287.8M
$177.1M
Q2 25
$188.2M
$174.0M
Q1 25
$93.5M
$133.7M
Q4 24
$191.5M
Q3 24
$269.9M
$173.7M
Q2 24
$177.3M
$143.3M
Q1 24
$88.0M
$120.3M
Net Profit
FVRR
FVRR
PLUG
PLUG
Q4 25
$-846.0M
Q3 25
$5.4M
$-361.9M
Q2 25
$4.1M
$-227.1M
Q1 25
$788.0K
$-196.7M
Q4 24
$-1.3B
Q3 24
$-1.0M
$-211.2M
Q2 24
$-4.0M
$-262.3M
Q1 24
$-4.3M
$-295.8M
Gross Margin
FVRR
FVRR
PLUG
PLUG
Q4 25
2.4%
Q3 25
82.5%
-67.9%
Q2 25
83.3%
-30.7%
Q1 25
83.5%
-55.3%
Q4 24
-122.5%
Q3 24
82.8%
-57.6%
Q2 24
82.4%
-91.6%
Q1 24
82.2%
-132.3%
Operating Margin
FVRR
FVRR
PLUG
PLUG
Q4 25
-338.9%
Q3 25
-3.5%
-197.0%
Q2 25
-3.4%
-101.7%
Q1 25
-4.4%
-133.5%
Q4 24
-678.7%
Q3 24
-5.0%
-124.4%
Q2 24
-6.3%
-170.7%
Q1 24
-8.1%
-215.7%
Net Margin
FVRR
FVRR
PLUG
PLUG
Q4 25
-375.6%
Q3 25
1.9%
-204.4%
Q2 25
2.2%
-130.5%
Q1 25
0.8%
-147.1%
Q4 24
-697.5%
Q3 24
-0.4%
-121.5%
Q2 24
-2.3%
-183.0%
Q1 24
-4.9%
-245.9%
EPS (diluted)
FVRR
FVRR
PLUG
PLUG
Q4 25
$-0.70
Q3 25
$-0.31
Q2 25
$-0.20
Q1 25
$-0.21
Q4 24
$-1.61
Q3 24
$-0.25
Q2 24
$-0.36
Q1 24
$-0.46

Balance Sheet & Financial Strength

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

Metric
FVRR
FVRR
PLUG
PLUG
Cash + ST InvestmentsLiquidity on hand
$133.5M
$368.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$362.6M
$978.1M
Total Assets
$1.1B
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVRR
FVRR
PLUG
PLUG
Q4 25
$368.5M
Q3 25
$133.5M
$165.9M
Q2 25
$578.4M
$140.7M
Q1 25
$133.5M
$295.8M
Q4 24
$205.7M
Q3 24
$183.7M
$93.9M
Q2 24
$183.7M
$62.4M
Q1 24
$183.7M
$172.9M
Total Debt
FVRR
FVRR
PLUG
PLUG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$3.9M
Q2 24
$3.7M
Q1 24
$3.8M
Stockholders' Equity
FVRR
FVRR
PLUG
PLUG
Q4 25
$978.1M
Q3 25
$362.6M
$1.4B
Q2 25
$404.9M
$1.7B
Q1 25
$362.6M
$1.9B
Q4 24
$1.7B
Q3 24
$355.8M
$3.0B
Q2 24
$355.8M
$3.0B
Q1 24
$355.8M
$2.9B
Total Assets
FVRR
FVRR
PLUG
PLUG
Q4 25
$2.6B
Q3 25
$1.1B
$3.1B
Q2 25
$1.1B
$3.4B
Q1 25
$1.1B
$3.6B
Q4 24
$3.6B
Q3 24
$1.0B
$4.7B
Q2 24
$1.0B
$4.8B
Q1 24
$1.0B
$4.8B
Debt / Equity
FVRR
FVRR
PLUG
PLUG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

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
PLUG
PLUG
Operating Cash FlowLast quarter
$53.0M
$-148.6M
Free Cash FlowOCF − Capex
$52.1M
$-153.0M
FCF MarginFCF / Revenue
18.1%
-67.9%
Capex IntensityCapex / Revenue
0.3%
1.9%
Cash ConversionOCF / Net Profit
9.81×
TTM Free Cash FlowTrailing 4 quarters
$124.9M
$-647.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVRR
FVRR
PLUG
PLUG
Q4 25
$-148.6M
Q3 25
$53.0M
$-89.8M
Q2 25
$42.2M
$-191.8M
Q1 25
$21.2M
$-105.6M
Q4 24
$-131.2M
Q3 24
$10.9M
$-174.9M
Q2 24
$32.2M
$-254.7M
Q1 24
$21.2M
$-167.7M
Free Cash Flow
FVRR
FVRR
PLUG
PLUG
Q4 25
$-153.0M
Q3 25
$52.1M
$-117.5M
Q2 25
$41.5M
$-230.4M
Q1 25
$20.8M
$-146.0M
Q4 24
$-165.2M
Q3 24
$10.6M
$-234.2M
Q2 24
$31.5M
$-356.0M
Q1 24
$20.8M
$-260.3M
FCF Margin
FVRR
FVRR
PLUG
PLUG
Q4 25
-67.9%
Q3 25
18.1%
-66.4%
Q2 25
22.0%
-132.5%
Q1 25
22.3%
-109.2%
Q4 24
-86.3%
Q3 24
3.9%
-134.8%
Q2 24
17.8%
-248.4%
Q1 24
23.7%
-216.5%
Capex Intensity
FVRR
FVRR
PLUG
PLUG
Q4 25
1.9%
Q3 25
0.3%
15.6%
Q2 25
0.4%
22.2%
Q1 25
0.4%
30.3%
Q4 24
17.7%
Q3 24
0.1%
34.1%
Q2 24
0.4%
70.7%
Q1 24
0.4%
77.0%
Cash Conversion
FVRR
FVRR
PLUG
PLUG
Q4 25
Q3 25
9.81×
Q2 25
10.40×
Q1 25
26.90×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FVRR
FVRR

Segment breakdown not available.

PLUG
PLUG

Sales Of Equipment And Related Infrastructure$111.6M50%
Services Performed On Fuel Cell Systems And Related Infrastructure$41.5M18%
Power Purchase Agreements$36.1M16%
Sale Of Cryogenic Equipment$20.0M9%
Sales Of Fuel Cell Systems$11.2M5%
Other$4.8M2%

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