Riskified Ltd. (NYSE:RSKD) reported fourth-quarter results on Wednesday that exceeded analyst expectations, with both earnings and revenue coming in ahead of forecasts.
The company posted adjusted earnings per share of $0.12, beating the consensus estimate of $0.10 by $0.02. Revenue reached $99.33 million, surpassing the analyst forecast of $97.15 million and representing a 6% increase from $93.53 million in the same quarter a year earlier.
Shares of the company rose 1.27% in premarket trading following the announcement.
The e-commerce fraud prevention platform also achieved GAAP profitability for the first time in the fourth quarter, reporting net profit of $5.76 million compared with a loss of $4.08 million in the prior-year period. Adjusted EBITDA jumped to $17.72 million, corresponding to an 18% margin, up from $11.20 million and a 12% margin a year earlier.
Gross merchandise volume processed through Riskified’s platform increased 18% year over year to $46.69 billion.
Looking ahead to fiscal 2026, the company projected revenue between $372 million and $384 million. The midpoint of $378 million is slightly above the analyst consensus estimate of $374.7 million.
Riskified expects adjusted EBITDA to range from $26 million to $34 million, implying an 8% margin at the midpoint, which includes an estimated foreign exchange headwind of roughly 400 basis points.
“We ended the year with a strong quarter of performance, and we are starting 2026 with momentum,” said Eido Gal, Co-Founder and Chief Executive Officer. “As fraud increases in complexity, the role that Riskified plays in the global ecommerce ecosystem becomes even more essential.”
During 2025, the company expanded its adjusted EBITDA margin by roughly 300 basis points.
Riskified also repurchased around 22.0 million shares for $105.9 million during the year.
The board authorized an additional $75 million share repurchase program, pending regulatory approval in Israel, bringing the total remaining buyback authorization to approximately $85.1 million.