Revenue and GMV Growth
Riskified grew its Gross Merchandising Volume (GMV) by 15% for the full year and achieved revenue growth of 10%, finishing the year with $327.5 million in revenue, exceeding the high end of their guidance.
Adjusted EBITDA Margin Improvement
The company delivered meaningful adjusted EBITDA margin improvement, achieving positive adjusted EBITDA in each quarter of 2024, with a year-over-year increase of over 300%, culminating in $17.2 million for the year.
Strong New Business and Upsell Activity
Riskified derived approximately $45 million in revenue from new merchants added in 2024, and experienced strong upsell activity, particularly in the Tickets and Travel and Fashion verticals.
Multi-Product Platform Expansion
The company expanded its multi-product platform, with new product revenue up approximately 90% year-over-year, and new products bookings representing approximately 10% of the total bookings won in 2024.
Successful Merchant Retention Strategy
Over 70% of the 2025 book of business was committed through multiyear contracts, with a 30% increase in weighted average contract term signed for larger accounts.
Continued Market Share Gains
Riskified saw billings growth across all geographies, with notable growth in the Americas and APAC regions, leading to continued market share gains outside of the United States.