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RSKD

Riskified Ltd.

RSKD

Riskified Ltd. • NYSE
$4.94 ▲ 1.02% (+0.05)
Market Cap $759.81 M
52w High $6.00
52w Low $3.94
Dividend Yield 0%
P/E -21.48
Volume 374.93K
Outstanding Shares 153.81M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $81.862M ▲ $50.014M ▼ $-7.806M ▲ -9.536% ▲ $-0.05 ▲ $-5.404M ▲
Q2-2025 $81.06M ▼ $52.756M ▼ $-11.633M ▲ -14.351% ▲ $-0.073 ▲ $-12.131M ▲
Q1-2025 $82.387M ▼ $57.512M ▲ $-13.886M ▼ -16.855% ▼ $-0.086 ▼ $-16.102M ▼
Q4-2024 $93.529M ▲ $52.277M ▼ $-4.084M ▲ -4.367% ▲ $-0.024 ▲ $-4.24M ▲
Q3-2024 $78.849M $53.286M $-9.699M -12.301% $-0.058 $-13.141M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $325.15M ▼ $421.697M ▼ $105.401M ▼ $316.296M ▼
Q2-2025 $339.125M ▼ $445.488M ▼ $107.063M ▲ $338.425M ▼
Q1-2025 $357.074M ▼ $459.763M ▼ $100.437M ▼ $359.326M ▼
Q4-2024 $376.063M ▼ $495.861M ▲ $113.557M ▲ $382.304M ▼
Q3-2024 $389.755M $494.838M $101.29M $393.548M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-7.806M ▲ $13.505M ▲ $-22.556M ▼ $-27.08M ▼ $-36.187M ▼ $13.385M ▲
Q2-2025 $-11.633M ▲ $5.592M ▲ $-4.621M ▲ $-23.315M ▼ $-21.826M ▲ $5.34M ▲
Q1-2025 $-13.886M ▼ $3.844M ▼ $-65.854M ▼ $-22.31M ▲ $-84.205M ▼ $3.636M ▼
Q4-2024 $-4.084M ▲ $10.691M ▼ $28.178M ▲ $-23.824M ▲ $14.665M ▲ $10.561M ▼
Q3-2024 $-9.699M $14.012M $-22K $-46.699M $-32.296M $13.907M

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily each year, and gross profit has risen alongside it, suggesting the core business is scaling in a healthy way. That said, the company has reported operating and net losses in every year shown. The size of those losses appears to be shrinking more recently, indicating improving efficiency and better cost control after a period of heavier spending around the IPO. Overall, the income statement tells a story of a company that is still in investment mode but moving gradually toward potential break‑even, rather than one stuck in a worsening loss pattern.

Balance Sheet

Balance Sheet The balance sheet looks relatively strong for a young software company. Assets are solid and mostly backed by a sizable cash position, while debt levels are very low. Shareholders’ equity has been positive and fairly robust since the IPO, reversing the negative equity position seen before going public. Cash dipped at one point but has since been rebuilt, which helps provide a financial cushion as the business works through ongoing losses. There is a slight recent dip in total assets, but nothing that suggests balance‑sheet stress based on the trend provided.

Cash Flow

Cash Flow Cash flow has clearly improved over time. The company used cash in its operations in the earlier years but has recently shifted to generating modest positive operating cash flow. Free cash flow follows the same pattern, helped by very light capital spending, which is typical for a software‑based model. This means the business is not heavily burdened by big physical investments and is edging closer to self‑funding its growth from its own operations, rather than relying mainly on external capital. The main risk is that this improvement is still relatively new and would need to be sustained.

Competitive Edge

Competitive Edge Riskified operates in a crowded and fast‑moving area—e‑commerce fraud prevention—but it has built a differentiated position. Its core strength is an AI‑driven platform that analyzes a very rich set of data points in real time, aiming to approve more good transactions while blocking fraud. The chargeback‑guarantee model, where Riskified takes on fraud liability for approved orders, is a notable differentiator that tightens alignment with merchants and raises switching costs. The broad merchant network feeds a data network effect: more merchants mean better models, which can lead to better results and further adoption. Key competitive risks include intense competition from other fraud and payments players, rapid changes in fraud patterns, and dependence on continued growth in online commerce and large enterprise relationships.

Innovation and R&D

Innovation and R&D Innovation is central to the company’s identity. Riskified has gone beyond basic fraud screening into a more complete risk‑management suite, including products that adjust the checkout experience in real time, combat policy abuse, protect user accounts, and automate disputes. All of these are built on a common AI and data foundation, which can deepen the moat if the models stay ahead of rivals. The company appears committed to ongoing product expansion and geographic growth, which likely requires sustained investment in research and development even while profitability is still emerging. The opportunity is to turn this innovation pipeline into broader platform adoption; the risk is that R&D spending may stay high and new offerings must prove their value in a competitive market.

Summary

Riskified shows the profile of a maturing growth company in a specialized niche: revenue and gross profit have been growing consistently, losses are narrowing, and cash flows are improving. The balance sheet is anchored by a strong cash position and low debt, providing room to keep investing in its platform. Competitively, its AI‑driven technology, data network effects, and chargeback‑guarantee model give it a distinct position in e‑commerce risk management, with high customer stickiness. On the other hand, the business is not yet consistently profitable, operates in a highly competitive and rapidly evolving space, and depends heavily on ongoing innovation and e‑commerce health. The overall picture is of a company transitioning from heavy investment toward greater financial discipline, while relying on its technology and data advantages to sustain growth.

NEWS

November 17, 2025 · 8:00 AM UTC

Riskified Champions Fraud Prevention as a Leading Partner of International Fraud Awareness Week 2025

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November 12, 2025 · 6:55 AM UTC

Riskified's Third Quarter Results Reflect Accelerated Gross Profit Growth and Adjusted EBITDA Expansion

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October 22, 2025 · 8:30 AM UTC

Riskified To Report Third Quarter 2025 Financial Results on Wednesday, November 12

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October 20, 2025 · 8:00 AM UTC

Global Study: 73% of Shoppers Using AI in Shopping Journey - But Merchants Face New Agentic Commerce Risks

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