What is the market's earnings forecast for Riskified next quarter?

Did Riskified beat or miss consensus estimates last quarter?

What guidance did Riskified's management provide for the next earnings period?

What is Riskified's latest dividend and current dividend yield?

What factors drove the changes in Riskified's revenue and profit?

What were the key takeaways from Riskified’s earnings call?

What does Riskified do and what are its main business segments?

What is the revenue and EPS growth rate for Riskified year over year?

- **Record Q4 Performance**: $99.3M revenue, $17.7M EBITDA (18% margin), and first GAAP profit. Full-year EBITDA up 55% to $26.7M.
- **AI-Driven Growth**: 75% new business win rate, 50% multi-product adoption, and $10M+ in new products revenue.
- **Share Buyback Expansion**: $75M authorized, total capacity $84M. Free cash flow yield 10% vs. EV.
- **Challenges**: 400bps FX headwind, U.S. home category softness, and early-stage agentic commerce risks.

**【CEO Summary Section】**
- **Q4 2025 Results**: Revenue of $99.3 million, full-year revenue of $344.6 million (+5% YoY). Non-GAAP gross profit of $57.3 million (+16% YoY), adjusted EBITDA of $17.7 million (18% margin). Full-year adjusted EBITDA up 55% to $26.7 million.
- **Growth Metrics**: Annual dollar retention (ADR) at 100%, net dollar retention (NDR) at 105% (vs. 96% in 2024). Won $55 million of new business in Q4, 75% win rate. Processed $750B GMV and 1B unique interactions.
- **Geographic Expansion**: Non-U.S. regions grew 22% YoY, APAC and LATAM outperformed. Money transfer/payments vertical grew 75% YoY.
- **AI Strategy**: Enhanced fraud detection with 30%-40% feature loss in agentic flows. Introduced Policy Protect and Dispute Resolve, generating $10M in 2025. 50% increase in multi-product adoption.
- **Share Repurchase**: $75M authorized, total buyback capacity $84M. Free cash flow expected at $40M in 2026 (10% yield vs. EV).

**【CFO Financial Commentary】**
- **Revenue Breakdown**: Money transfer/payments (+75%), fashion/luxury (+8%), travel (+18%). U.S. revenue down 6% due to home category contraction, non-U.S. up 13%-53%.
- **Gross Profit**: Full-year $180.3M (+4% YoY), driven by ML model improvements. 2026 guidance: 7%-12% growth, $372M-$384M revenue.
- **Expenses**: Q4 $39.6M, full-year $153.6M (-2% YoY). EBITDA margin 18%, FX headwind 400bps. Free cash flow $33.1M in 2025, $40M+ in 2026.
- **Balance Sheet**: $229M cash, 0 debt. Share buybacks reduced shares outstanding by 8% in 2025.

**【Q&A Highlights】**
- **Agentic Commerce**: 50%+ GMV from merchant-native AI agents, 30%+ take rate on high-risk agentic flows. 15%-20% growth in new products in 2026.
- **FX Impact**: 400bps margin headwind, constant currency expenses flat. Revenue FX impact <0.5%.
- **Mid-Market Strategy**: Automating ML model customization for smaller merchants, targeting 2026 upside.
- **Card Network Comparison**: Unique data scale (5B+ transactions) and multi-product suite differentiate from card networks.
- **2026 Outlook**: Gross profit acceleration, disciplined capital allocation, and AI-driven efficiency improvements.

Riskified Ltd.(RSKD)-20260304-2025 Q4 Earnings call transcript

- **Revenue Beat**: Q3 revenue $81.9M (+4% YoY), driven by 100% growth in Money Transfer & Payments and 13% in Fashion & Luxury.
- **Margin Expansion**: Non-GAAP gross margin 51% (vs. 50% Q2), with 70% autonomously trained models outperforming manual ones.
- **AI Impact**: Adaptive Checkout boosted conversions 5-26%, and Q4 EBITDA margin expected to reach 15%.
- **Holiday Optimism**: 3 largest categories (>66% GMV) tracking steady, with cautious Q4 outlook.
- **Share Buybacks**: $25.3M in Q3, targeting 5%+ YoY share reduction.

**CEO Summary Section**
- **Revenue Growth**: Q3 revenue reached $81.9 million, up 4% YoY, driven by new merchant wins and upsell activity across categories like Money Transfer & Payments (100% YoY growth) and Fashion & Luxury (13% YoY growth). 
- **Gross Profit Margin Expansion**: Non-GAAP gross profit margin improved to 51% (vs. 50% in Q2), supported by 70% of models now autonomously trained, outperforming manual models.
- **AI Investment Payoff**: Autonomous model retraining reduced chargebacks by 5% YoY across 4 of the last 5 cohorts. Adaptive Checkout boosted conversions by 5-26% for merchants in the U.S. and EMEA.
- **Holiday Outlook**: Cautiously optimistic for Q4, with GMV tracking in line with expectations and 3 largest categories (Tickets & Travel, Fashion & Luxury, Money Transfer) representing >66% of GMV.
- **Guidance Update**: Raised full-year revenue guidance to $338-346 million (midpoint $342M) and adjusted EBITDA to $21-27 million (midpoint $24M), reflecting margin expansion to ~15% in Q4.

**CFO Financial Commentary**
- **GMV Growth**: Q3 GMV of $37.8B (+9% YoY), with APAC (+55% YoY) and EMEA (+19% YoY) leading regional expansion.
- **Operating Efficiency**: Non-GAAP operating expenses declined 7% YoY to $36M, with OpEx as % of revenue at 44% (vs. 49% YoY). Free cash flow of $13.4M in Q3, guiding to >$30M for FY25.
- **Balance Sheet Strength**: $325M in cash, no debt, and 5.2M shares repurchased in Q3 ($25.3M), targeting 5%+ YoY share reduction.
- **Margin Targets**: Aiming for 52% non-GAAP gross margin annually, with Q4 adjusted EBITDA margin of ~15%.

**Q&A Highlights**
- **Growth Drivers**: Money Transfer & Payments category to nearly double FY25 revenue, while Agentic commerce (AI-driven purchases) presents new fraud risks and opportunities for partnerships.
- **Margin Trends**: Autonomous models offset headwinds from newer categories, with Q4 gross margin expected to improve sequentially. Long-term gross margin target of 52% remains.
- **Capital Allocation**: Buybacks and strategic investments balanced to maintain flexibility, with no immediate plans for acquisitions.
- **Agentic Commerce**: 2026 focus on partnerships with AI platforms to manage fraud in agent-driven transactions, with early merchant discussions underway.
- **EBITDA Outlook**: Q4 EBITDA margin of ~15% reflects operating leverage, with FY26 targets to be updated in Q1 '26 based on macro conditions.

Riskified Ltd. (RSKD) Q3 2025 Earnings Call Transcript

- **Revenue Growth**: $81.1M Q2 (+3% YoY), driven by international expansion (APAC +40%, EMEA +23%) and 90% YoY growth in money transfer/payments.
- **AI Innovation**: New refund abuse model (+15% performance), partnership with Human Security to combat Agentic Commerce fraud.
- **Profitability**: 7th consecutive quarter of positive EBITDA ($2.1M Q2), free cash flow up 29% YoY to $5.3M.
- **Share Buyback**: $75M program announced, with $44M spent YTD to reduce share count.
- **H2 Outlook**: Gross margin targeting above 52% in Q4, with focus on AI-driven solutions and international market share expansion.

**【CEO Summary Section】**
- Q2 2025 revenue of $81.1 million, up 3% YoY, driven by new business wins and upsell activity across 7 of 10 new logos outside the U.S.
- International growth: APAC (+40% YoY), Other Americas (+16% YoY), EMEA (+23% YoY), with strong momentum in travel and money transfer/payment categories.
- AI advancements: New refund abuse model improves performance by 15%, and partnership with Human Security to combat Agentic Commerce fraud.
- Gross margin expected to improve in H2, with Q4 targeting above 52%.
- $75 million share repurchase program announced, reflecting confidence in long-term growth.

**【CFO Financial Commentary】**
- GMV $36.4 billion (Q2) and $70.6 billion (H1), up 4% and 5% YoY, with 90% YoY growth in money transfer/payments.
- Key category performance: Tickets/travel (+15% YoY), fashion/luxury (+10% YoY), U.S. down 11% YoY due to home category contraction.
- Non-GAAP gross margin 50% (Q2), down from 53% YoY, but H2 expected to improve with Q4 above 52%.
- Operating expenses $38.2 million (Q2), down 3% YoY, with EBITDA $2.1 million (Q2) and $3.5 million (H1).
- Free cash flow $5.3 million (Q2), up 29% YoY, with $30 million+ expected for 2025.

**【Q&A Highlights】**
- **Pipeline Conversion**: 70% win rate expected for H2 pipeline, with Q4 holiday season implementations.
- **Agentic Commerce Threats**: 2x higher fraud risk from AI agents, with solutions to identify and block malicious activity.
- **Vertical Trends**: Fashion/luxury stabilizing, money transfer/payments growing 90% YoY, tickets/travel facing tougher comps.
- **Competitive Edge**: Adaptive checkout improves approval rates by 200bps, and 150%+ growth in Policy Protect/Dispute Resolve.
- **M&A Strategy**: Open to acquiring small, strategic AI technologies to enhance platform capabilities.

Riskified (RSKD)-18 Aug 25-2025 Q2 Earnings call transcript

- **Revenue Growth**: 8% YoY driven by new customers and upselling, with 190% YoY growth in new product revenue.
- **Pipeline Strength**: +100% YoY pipeline growth fueled by expanded AI solutions and global expansion.
- **Category Momentum**: Money Transfer & Payments up 90% YoY, offsetting U.S. Fashion category decline.
- **Profitability**: 6th consecutive quarter of positive EBITDA ($1.3M) and $3.6M free cash flow in Q1.
- **Share Buybacks**: 4.1M shares repurchased in Q1, reducing share count YoY by 2.2M.

**【CEO Opening Remarks】**
- Q1 2025 revenue grew 8% YoY, driven by new customer wins and upselling across global markets.
- 100% renewal rate for top 20 contracts, with half extended into multi-year agreements (average term ending 2027).
- New product revenue surged 190% YoY, fueled by expanded AI-driven solutions for omnichannel fraud prevention.
- Diversified growth in Money Transfer & Payments (90% YoY growth) and international markets (APAC +70%, Outer Americas +13%).
- Emphasized resilience through geographic and vertical diversification, with 8/10 new logos outside the U.S.

**【CFO Financial Highlights】**
- Q1 GMV: $34.2B (+7% YoY), Revenue: $82.4M (+8% YoY).
- Gross Margin: 50% (down 200bps YoY due to new merchant ramps in Money Transfer & Payments).
- Operating Expenses: $39.8M (48% of revenue, down 500bps YoY).
- Adjusted EBITDA: $1.3M (6th consecutive quarter of positive EBITDA).
- Free Cash Flow: $3.6M Q1, guided to $30M+ for 2025.
- Share Repurchases: 4.1M shares ($20.7M) in Q1, reducing share count YoY.

**【Q&A Key Takeaways】**
1. **Pipeline Growth**: CEO cites expanded product portfolio and global GTM as key drivers of +100% YoY pipeline growth.
2. **Competitive Edge**: CFO highlights 3x more transactional data than Stripe Radar, enabling superior fraud detection accuracy.
3. **Category Performance**: 
   - Fashion & Luxury: -74% YoY in U.S. but +15% globally, with 30% of revenue concentrated here.
   - Money Transfer: 90% YoY growth, early signs of flywheel effect similar to Tickets & Travel vertical.
4. **Gross Margin Outlook**: Target 52-53.5% full year, with Q2 margin temporarily below range due to new merchant ramps.
5. **Share Repurchases**: Expect continued buybacks to reduce dilution, with 2.2M net shares retired in Q1.


Riskified Ltd. (RSKD) Q1 2025 Earnings Call Transcript

- **Revenue & Growth**: 2024 revenue up 10% to $327.5M, GMV +15%. Q4 sets new records with $93.5M revenue and $11.2M EBITDA.
- **Product Expansion**: New products (PolicyProtect, Adaptive Checkout) grow 90% YoY, 2025 to add $10M+ in revenue.
- **Cost Efficiency**: 2024 operating expenses down 4%, 2025 R&D investment +20% with flat total expenses.
- **Shareholder Value**: $141M share buybacks in 2024, free cash flow $39M.
- **2025 Guidance**: Revenue $333-346M, EBITDA $18-26M, driven by multiyear contracts and product innovation.

**【CEO Summary Section】**
- **2024 Performance Highlights**: GMV grew 15% to $141.2B, revenue reached $327.5M (10% YoY), and achieved positive adjusted EBITDA of $17.2M. Q4 revenue and adjusted EBITDA set new records.
- **New Customer Growth**: 2024 added $45M in revenue from new merchants, expanding into food, payments, and fashion. Notable wins include Meta, Armani, and Norwegian Cruise Lines.
- **Product Expansion**: New products (PolicyProtect, AccountSecure) contributed 90% YoY growth, with 2025 expected to generate $10M+ in revenue. Adaptive Checkout rolled out to all clients to enhance conversion rates.
- **AI & Platform Investment**: 2025 R&D capacity to increase by 20% via workforce restructuring, aiming to reduce expenses by relocating roles to lower-cost regions.
- **Shareholder Value**: Repurchased $141M in shares in 2024, reducing diluted shares outstanding.

**【CFO Financial Commentary】**
- **Revenue & Margin**: Q4 revenue $93.5M (11% YoY), full-year gross profit margin 53% (up 1ppt). 2025 target gross margin 52-53.5%.
- **Cost Efficiency**: Operating expenses down 4% YoY to $156.4M, with R&D, sales, and G&A all declining. 2025 expenses expected to remain flat at ~$38M/Q4.
- **Profitability**: Adjusted EBITDA $11.2M (Q4) and $17.2M (FY24), up 300% YoY. 2025 EBITDA guidance $18-26M, driven by operational leverage.
- **Cash Flow**: Generated $39M free cash flow in 2024, with no debt and $376M cash on hand.

**【Q&A Key Takeaways】**
- **Top-of-Funnel Strategy**: Expanding product platform (e.g., PolicyProtect), geographic expansion, and mid-market channel distribution to drive pipeline.
- **Retention Success**: 70% of 2025 book in multiyear contracts, 100% top 20 renewals in 2024. NDR expected to return above 100% in 2025.
- **Alternative Payments**: Growing relevance in buy-now-pay-later and digital wallets, with fraud detection opportunities in uncovered models.
- **2025 Outlook**: Revenue $333-346M, EBITDA $18-26M. Adaptive Checkout and multi-product platform expected to drive growth and margin expansion.

Actual	-1.41	-0.78	-0.14	-0.2	-0.2	-0.15	-0.07	-0.1	-0.1	-0.12	-0.02	-0.07	-0.05	-0.06	-0.02	-0.09	0.02	0.04	0.12
Forecast		-0.407	-0.1463	-0.1583	-0.223	-0.2096	-0.12	-0.1291	-0.063	-0.1218	-0.032	-0.0556	-0.0442	-0.0573	0.0077	-0.0616	-0.061	0.03	0.096
Surprise	0.00%	-91.65%	+4.31%	-26.34%	+10.31%	+28.44%	+41.67%	+22.54%	-58.73%	+1.48%	+37.50%	-25.90%	-13.12%	-4.71%	-359.74%	-46.10%	+132.79%	+33.33%	+25.00%

RSKD

RSKD fundamentals

RSKD Q4 2025 Earnings

Earnings Call

You can ask Aime

RSKD

RSKD fundamentals

RSKD Q4 2025 Earnings

Earnings Call

RSKD Earnings Call Summary for Q4/20259:30 AM on Mar 4, 2026

RSKD Earnings Call Summary for Q3/20258:30 AM on Nov 12, 2025

RSKD Earnings Call Summary for Q2/20258:30 AM on Aug 18, 2025

RSKD Earnings Call Summary for Q1/20258:30 AM on May 14, 2025

RSKD Earnings Call Summary for Q4/20248:30 AM on Mar 5, 2025

You can ask Aime