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Side-by-side financial comparison of Fiverr International Ltd. (FVRR) and Sphere Entertainment Co. (SPHR). Click either name above to swap in a different company.

Sphere Entertainment Co. is the larger business by last-quarter revenue ($393.8M vs $287.8M, roughly 1.4× Fiverr International Ltd.). Sphere Entertainment Co. runs the higher net margin — 16.4% vs 1.9%, a 14.6% gap on every dollar of revenue. Over the past eight quarters, Fiverr International Ltd.'s revenue compounded faster (29.5% CAGR vs 12.1%).

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.

Sphere Entertainment Co. is an American entertainment holding company based in New York City, and controlled by the family of Charles Dolan. It owns the Sphere event venue in Paradise, Nevada, in the Las Vegas Valley and New York-based regional sports network chain MSG Networks.

FVRR vs SPHR — Head-to-Head

Bigger by revenue
SPHR
SPHR
1.4× larger
SPHR
$393.8M
$287.8M
FVRR
Higher net margin
SPHR
SPHR
14.6% more per $
SPHR
16.4%
1.9%
FVRR
Faster 2-yr revenue CAGR
FVRR
FVRR
Annualised
FVRR
29.5%
12.1%
SPHR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FVRR
FVRR
SPHR
SPHR
Revenue
$287.8M
$393.8M
Net Profit
$5.4M
$64.7M
Gross Margin
82.5%
Operating Margin
-3.5%
7.3%
Net Margin
1.9%
16.4%
Revenue YoY
Net Profit YoY
EPS (diluted)
$2.42

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
SPHR
SPHR
Q4 25
$393.8M
Q3 25
$287.8M
$262.1M
Q2 25
$188.2M
$282.2M
Q1 25
$93.5M
$280.1M
Q3 24
$269.9M
$227.1M
Q2 24
$177.3M
$272.6M
Q1 24
$88.0M
$320.6M
Q4 23
$313.4M
Net Profit
FVRR
FVRR
SPHR
SPHR
Q4 25
$64.7M
Q3 25
$5.4M
$-101.2M
Q2 25
$4.1M
$151.8M
Q1 25
$788.0K
$-82.0M
Q3 24
$-1.0M
$-105.3M
Q2 24
$-4.0M
$-46.6M
Q1 24
$-4.3M
$-47.2M
Q4 23
$-173.2M
Gross Margin
FVRR
FVRR
SPHR
SPHR
Q4 25
Q3 25
82.5%
Q2 25
83.3%
Q1 25
83.5%
Q3 24
82.8%
Q2 24
82.4%
Q1 24
82.2%
Q4 23
Operating Margin
FVRR
FVRR
SPHR
SPHR
Q4 25
7.3%
Q3 25
-3.5%
-49.5%
Q2 25
-3.4%
-17.8%
Q1 25
-4.4%
-28.1%
Q3 24
-5.0%
-51.8%
Q2 24
-6.3%
-66.3%
Q1 24
-8.1%
-12.6%
Q4 23
Net Margin
FVRR
FVRR
SPHR
SPHR
Q4 25
16.4%
Q3 25
1.9%
-38.6%
Q2 25
2.2%
53.8%
Q1 25
0.8%
-29.3%
Q3 24
-0.4%
-46.4%
Q2 24
-2.3%
-17.1%
Q1 24
-4.9%
-14.7%
Q4 23
-55.3%
EPS (diluted)
FVRR
FVRR
SPHR
SPHR
Q4 25
$2.42
Q3 25
$-2.80
Q2 25
$3.39
Q1 25
$-2.27
Q3 24
$-2.95
Q2 24
$-1.33
Q1 24
$-1.33
Q4 23
$-4.91

Balance Sheet & Financial Strength

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

Metric
FVRR
FVRR
SPHR
SPHR
Cash + ST InvestmentsLiquidity on hand
$133.5M
Total DebtLower is stronger
$692.7M
Stockholders' EquityBook value
$362.6M
$2.2B
Total Assets
$1.1B
$4.2B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVRR
FVRR
SPHR
SPHR
Q4 25
Q3 25
$133.5M
$384.8M
Q2 25
$578.4M
$355.7M
Q1 25
$133.5M
$465.0M
Q3 24
$183.7M
Q2 24
$183.7M
$559.8M
Q1 24
$183.7M
Q4 23
$614.5M
Total Debt
FVRR
FVRR
SPHR
SPHR
Q4 25
$692.7M
Q3 25
$733.8M
Q2 25
$743.8M
Q1 25
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Q4 23
$1.4B
Stockholders' Equity
FVRR
FVRR
SPHR
SPHR
Q4 25
$2.2B
Q3 25
$362.6M
$2.2B
Q2 25
$404.9M
$2.3B
Q1 25
$362.6M
$2.1B
Q3 24
$355.8M
$2.3B
Q2 24
$355.8M
$2.4B
Q1 24
$355.8M
$2.4B
Q4 23
$2.5B
Total Assets
FVRR
FVRR
SPHR
SPHR
Q4 25
$4.2B
Q3 25
$1.1B
$4.1B
Q2 25
$1.1B
$4.2B
Q1 25
$1.1B
$4.4B
Q3 24
$1.0B
$4.6B
Q2 24
$1.0B
Q1 24
$1.0B
$4.9B
Q4 23
$4.9B
Debt / Equity
FVRR
FVRR
SPHR
SPHR
Q4 25
0.31×
Q3 25
0.34×
Q2 25
0.32×
Q1 25
0.62×
Q3 24
0.59×
Q2 24
0.57×
Q1 24
0.57×
Q4 23
0.58×

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
SPHR
SPHR
Operating Cash FlowLast quarter
$53.0M
$180.2M
Free Cash FlowOCF − Capex
$52.1M
FCF MarginFCF / Revenue
18.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
9.81×
2.78×
TTM Free Cash FlowTrailing 4 quarters
$124.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVRR
FVRR
SPHR
SPHR
Q4 25
$180.2M
Q3 25
$53.0M
$115.8M
Q2 25
$42.2M
$-59.1M
Q1 25
$21.2M
$6.3M
Q3 24
$10.9M
$34.1M
Q2 24
$32.2M
$-72.4M
Q1 24
$21.2M
$101.0M
Q4 23
$46.4M
Free Cash Flow
FVRR
FVRR
SPHR
SPHR
Q4 25
Q3 25
$52.1M
Q2 25
$41.5M
Q1 25
$20.8M
Q3 24
$10.6M
Q2 24
$31.5M
Q1 24
$20.8M
Q4 23
FCF Margin
FVRR
FVRR
SPHR
SPHR
Q4 25
Q3 25
18.1%
Q2 25
22.0%
Q1 25
22.3%
Q3 24
3.9%
Q2 24
17.8%
Q1 24
23.7%
Q4 23
Capex Intensity
FVRR
FVRR
SPHR
SPHR
Q4 25
Q3 25
0.3%
Q2 25
0.4%
Q1 25
0.4%
Q3 24
0.1%
Q2 24
0.4%
Q1 24
0.4%
Q4 23
Cash Conversion
FVRR
FVRR
SPHR
SPHR
Q4 25
2.78×
Q3 25
9.81×
Q2 25
10.40×
-0.39×
Q1 25
26.90×
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

FVRR
FVRR

Segment breakdown not available.

SPHR
SPHR

Ticketing And Venue License Fee Revenues$198.5M50%
Media Networks Revenue$120.1M30%
Sponsorship Signage Exosphere Advertising And Suite Licenses$32.2M8%
Food Beverage And Merchandise Revenues$27.6M7%
Other$13.2M3%
Related Party$2.3M1%

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