Riskified Ltd.
- Open
- 5.03
- Day high
- 5.07
- Day low
- 4.98
- Prev close
- 5.04
- Volume
- 1.0M
- Mkt cap
- $727M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 2.7
- P/S
- 2.1
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$13.9M over the last 3 months (0 open-market buys, 33 sales)
- 🏛Institutions mixed (13F)
Riskified Ltd. (RSKD) is a Technology company listed on NYSE. The stock is down 1% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 33 sales (SEC Form 4).
Riskified Ltd. (RSKD) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
RSKD earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 13, 2026 | $0.04 | $0.05 | +25.0% | $88M | +0.6% |
| Mar 4, 2026 | $0.10 | $0.12 | +20.0% | $99M | +11.8% |
| Nov 12, 2025 | $0.03 | $0.04 | +33.3% | $82M | -15.8% |
| Aug 18, 2025 | $0.02 | $0.02 | +0.0% | $81M | +0.9% |
| May 14, 2025 | $0.01 | $0.03 | +200.0% | $82M | +2.3% |
| Mar 5, 2025 | $0.08 | $0.06 | -25.0% | $94M | +18.0% |
| Aug 14, 2024 | $0.03 | $0.04 | +33.3% | $79M | +4.9% |
| May 15, 2024 | $0.02 | $0.04 | +78.3% | $76M | +1.7% |
| Mar 5, 2024 | $0.03 | $0.07 | +162.1% | $84M | +0.1% |
| Nov 15, 2023 | $-0.05 | $-0.02 | +60.0% | $72M | +0.6% |
| Aug 15, 2023 | $-0.04 | $-0.09 | -100.0% | $73M | +1.9% |
| May 17, 2023 | $-0.06 | $-0.09 | -50.0% | $69M | +0.2% |
RSKD insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 29, 2026 | Shachar Erezdirector | Sell | 124,085 | $4.96 |
| Jun 29, 2026 | Kumaraswami Raviofficer: Pres. Worldwide Field Ops. | Sell | 100 | $5.00 |
| Jun 29, 2026 | Kumaraswami Raviofficer: Pres. Worldwide Field Ops. | Sell | 33,399 | $5.00 |
| Jun 29, 2026 | Shachar Erezdirector | Sell | 356,000 | $5.02 |
| Jun 25, 2026 | Shachar Erezdirector | Sell | 168,300 | $4.89 |
| Jun 25, 2026 | Shachar Erezdirector | Sell | 150,200 | $4.93 |
| Jun 23, 2026 | Shachar Erezdirector | Sell | 101,600 | $4.93 |
| Jun 23, 2026 | Kumaraswami Raviofficer: Pres. Worldwide Field Ops. | Sell | 33,601 | $5.00 |
| Jun 23, 2026 | Shachar Erezdirector | Sell | 75,204 | $4.92 |
| Jun 22, 2026 | Kumaraswami Raviofficer: Pres. Worldwide Field Ops. | Sell | 2,900 | $5.00 |
| Jun 18, 2026 | Kumaraswami Raviofficer: Pres. Worldwide Field Ops. | Sell | 60,000 | $4.91 |
| Jun 18, 2026 | Shachar Erezdirector | Sell | 96,100 | $4.94 |
| Jun 18, 2026 | Shachar Erezdirector | Sell | 117,000 | $4.94 |
| Jun 18, 2026 | Shachar Erezdirector | Sell | 144,459 | $4.96 |
| Jun 16, 2026 | Shachar Erezdirector | Sell | 109,262 | $4.96 |
Source: RSKD SEC Form 4 filings, latest Jun 29, 2026. For informational purposes only — not investment advice.
See the full RSKD insider & 13F page →Riskified Ltd. company profile
Overview
Riskified Ltd. (NYSE:RSKD) is an Israeli-founded e-commerce risk management company that provides fraud prevention and payment optimization solutions to online merchants worldwide. Founded in 2012 and headquartered in Tel Aviv, Israel, the company went public in July 2021. Riskified operates as a software-as-a-service platform that uses artificial intelligence and machine learning to help e-commerce businesses approve more legitimate transactions while blocking fraudulent ones, ultimately reducing chargebacks and improving revenue for online retailers.
Business
Riskified operates in the e-commerce fraud prevention and risk management industry, providing specialized software solutions that sit between online merchants and their payment processors. The company's core offering revolves around analyzing transaction data in real-time to determine whether an online purchase is legitimate or fraudulent. The company's flagship product is Chargeback Guarantee, which uses machine learning algorithms to analyze hundreds of data points from each transaction - including device information, behavioral patterns, payment details, and historical data - to make instant approve or decline decisions on online orders. When Riskified approves a transaction that later becomes a chargeback (a disputed transaction where the customer's bank reverses the payment), the company covers the cost, hence the "guarantee" aspect. Beyond fraud prevention, Riskified has expanded into a multi-product platform offering several complementary solutions. Policy Protect identifies customers who may be abusing return policies or engaging in practices like wardrobing (buying items with intent to return after use). Account Secure prevents unauthorized account access and account takeover fraud. Dispute Resolve automates the chargeback dispute process, helping merchants fight illegitimate chargebacks. The company also offers Deco and PSD2 optimization products that help reduce cart abandonment by improving payment authorization rates, particularly important in Europe where Strong Customer Authentication requirements can create friction. Based on recent financial data, Chargeback Guarantee represents the vast majority of revenue (approximately 95%), while newer products like Policy Protect and Dispute Resolve contribute the remaining 5% but are growing rapidly. The company processes transactions across various e-commerce verticals, with Fashion & Luxury and Tickets & Travel each representing roughly 33% of the business, while other categories like Home, Food, and Money Transfer make up the remainder.
Revenue model
Riskified operates on a revenue-sharing model where it takes a percentage of the gross merchandise value (GMV) of transactions it approves through its Chargeback Guarantee service. The company typically charges between 0.5% to 1.5% of each approved transaction value, with rates varying based on the merchant's industry vertical, risk profile, and transaction volume. This aligns Riskified's incentives with merchants - the company only makes money when it approves transactions, and it bears the financial risk if those approvals result in chargebacks. For its newer products, Riskified employs different pricing models. Policy Protect and Dispute Resolve typically use subscription-based or fixed-fee arrangements, while some optimization products may use usage-based pricing. The paying customers are primarily mid-to-large e-commerce merchants, including major brands in fashion, travel, home goods, and emerging categories like money transfer services. Several factors influence Riskified's margins and growth potential. Positive factors include the growing e-commerce market, increasing sophistication of fraud attempts (which drives demand for advanced solutions), expansion into new geographic markets, and the company's ability to cross-sell multiple products to existing clients. The shift toward alternative payment methods like buy-now-pay-later also creates new opportunities as these payment types often have different fraud patterns. Margin pressures come from macroeconomic headwinds affecting e-commerce spending, particularly in discretionary categories like luxury goods and travel. Competition from both established players and new entrants can pressure pricing. Additionally, the company's guarantee model means that increases in fraud rates or modeling errors directly impact profitability. Economic downturns can also increase fraud rates as bad actors become more active, while simultaneously reducing overall e-commerce volumes.
Competitive moat
Riskified's competitive moat stems primarily from its data network effects and machine learning capabilities built over more than a decade of operation. The company has processed over $100 billion in GMV annually, creating a massive dataset that improves its fraud detection algorithms. Each new merchant and transaction adds to this data advantage, making the platform more accurate for all users - a classic network effect in the fraud prevention space. The company's guarantee model creates switching costs and competitive differentiation. Unlike traditional fraud prevention tools that simply provide risk scores, Riskified takes financial responsibility for its decisions, which requires sophisticated risk management and gives merchants confidence in the platform. This guarantee model also creates barriers to entry, as competitors need substantial capital reserves and proven accuracy to offer similar guarantees. However, the moat faces several challenges. Large technology companies like Google, Amazon, and payment processors are increasingly offering their own fraud prevention solutions, often bundled with other services. These companies have access to vast amounts of transaction and behavioral data that could potentially match or exceed Riskified's dataset. Additionally, emerging AI technologies could democratize fraud detection capabilities, making it easier for new entrants to build competitive solutions. The company's expansion into adjacent products like Policy Protect and Account Secure helps strengthen the moat by increasing customer stickiness and creating a more comprehensive platform. However, each new product area brings its own competitive dynamics and may not benefit from the same network effects as the core fraud prevention service. Overall, while Riskified has built meaningful competitive advantages, the moat is moderately strong but faces ongoing pressure from well-funded competitors and technological change.
Risks & safety
Riskified maintains a strong financial position with significant cash reserves but faces profitability challenges. • Liquidity and Solvency: The company holds $371 million in cash and short-term investments against minimal debt (debt-to-equity ratio of 0.07), providing substantial runway. Current ratio of 6.1x indicates strong short-term liquidity. • Cash Flow: Generated positive operating cash flow of $40 million and free cash flow of $39 million in 2024, marking improvement from previous years. However, the company remains unprofitable with negative EBITDA of $43 million for 2024. • Valuation Metrics: Trading at 2.1x price-to-book ratio with negative earnings. Graham net-net ratio of 1.75 suggests the stock trades below liquidation value, indicating potential undervaluation. • Burn Rate: While generating positive free cash flow, the company continues to invest heavily in R&D and expansion, with guidance suggesting potential return to adjusted EBITDA profitability in 2025. • Other Considerations: Strong customer retention (100% renewal rate among top 20 contracts) and growing GMV provide revenue stability, though exposure to e-commerce cyclicality remains a risk factor.
Recent development
Over the past few years, Riskified has undergone a significant strategic transformation from a single-product fraud prevention company to a multi-product e-commerce risk management platform. The company has invested heavily in expanding beyond its core Chargeback Guarantee service, launching Policy Protect to combat return fraud and policy abuse, Dispute Resolve for automated chargeback management, and Account Secure for account takeover prevention. The company has also pursued aggressive geographic expansion, with particularly strong growth in the Asia-Pacific region (33% growth) and continued investment in European markets. Vertical diversification has been another key focus, with notable expansion into grocery retail, money transfer services, and food delivery, while maintaining strong positions in fashion, luxury goods, and travel. Riskified has significantly increased its R&D investment by 20% to enhance its AI and machine learning capabilities, particularly focusing on Adaptive Checkout technology and alternative payment methods like buy-now-pay-later services. The company has also implemented workforce restructuring to optimize costs while maintaining innovation capacity. Recent strategic moves include securing multiyear contract renewals with improved terms (30% increase in renewal terms) and achieving over 70% renewal rate for 2025 business. The company has also authorized significant share buyback programs, repurchasing approximately 4% of outstanding shares, and is actively evaluating M&A opportunities for bolt-on acquisitions and market consolidation, though maintaining high standards for potential deals.
RSKD company profile · for informational purposes only — not investment advice.
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