- Riskified Ltd. (RSKD, Financial) reported an 8% increase in Q1 2025 revenue, totaling $82.4 million.
- The company announced a 190% year-over-year revenue increase from products beyond its core offerings.
- Riskified continued its strategic growth by expanding its product offerings and geographic reach.
Riskified Ltd. (RSKD), a leader in e-commerce fraud prevention, announced its financial results for the first quarter of 2025, showing a strong push in both vertical and geographical expansions. The revenue for the quarter ending March 31, 2025, reached $82.4 million, marking an 8% increase from the same period in 2024 when it recorded $76.4 million.
The company has seen significant growth from products outside its core Chargeback Guarantee, with revenue in these areas increasing by 190% year-over-year. This growth aligns with Riskified's strategy to enhance its multi-product platform to better serve its merchant clients.
Riskified's gross merchandise volume (GMV) rose to $34.2 billion, a 7% increase compared to the prior year, underscoring its expanded reach and the successful acquisition of new merchant accounts in diverse verticals and geographies. Notably, eight of Riskified's top ten new merchant accounts come from outside the United States.
During Q1 2025, Riskified repurchased 4.1 million shares, totaling $20.7 million, as part of its ongoing commitment to share repurchase at attractive valuation levels. The company's financial outlook remains robust, expecting revenues between $333 million and $346 million for the fiscal year 2025, alongside an adjusted EBITDA between $18 million and $26 million.
Riskified also launched its global merchant event series, "Ascend 2025," with initial events held in London and Shanghai, planned to continue at various international locations to explore ecommerce fraud prevention strategies.
These developments highlight Riskified's proactive measures in leveraging its AI-driven platform to enhance fraud prevention solutions and secure its leading market position. The company remains focused on executing its strategic initiatives, which include further product diversification, geographic expansion, and maintaining a strong financial foundation.
