1stdibs.Com Inc
NASDAQ:DIBS
1stdibs.Com Inc
1stdibs.com, Inc. operates as an online marketplace for home decorations, fashion, and interior design. The company is headquartered in New York City, New York and currently employs 365 full-time employees. The company went IPO on 2021-06-10. The firm provides its sellers access to a global community of buyers and a platform to facilitate e-commerce at scale. Its sellers use its platform to manage their inventory, build their digital marketing presence, and communicate and negotiate orders with buyers. The company provides its buyers a purchase experience with its interface. Its technology platform provides a transaction process and converts the data it collects from buyers’ browsing and purchase activity into insights for both sellers and buyers. The company allows buyers to engage with sellers on its platform throughout all stages of a transaction. Its technology and data represent the experience of business activity. The company operates in New York, Pennsylvania, Colorado and United Kingdom.
1stdibs.com, Inc. operates as an online marketplace for home decorations, fashion, and interior design. The company is headquartered in New York City, New York and currently employs 365 full-time employees. The company went IPO on 2021-06-10. The firm provides its sellers access to a global community of buyers and a platform to facilitate e-commerce at scale. Its sellers use its platform to manage their inventory, build their digital marketing presence, and communicate and negotiate orders with buyers. The company provides its buyers a purchase experience with its interface. Its technology platform provides a transaction process and converts the data it collects from buyers’ browsing and purchase activity into insights for both sellers and buyers. The company allows buyers to engage with sellers on its platform throughout all stages of a transaction. Its technology and data represent the experience of business activity. The company operates in New York, Pennsylvania, Colorado and United Kingdom.
Profitability Milestone: 1stDibs delivered its best adjusted EBITDA margin as a public company in Q3, with a loss of just 1%, and now expects to achieve positive adjusted EBITDA in Q4 and for the full year 2026.
Cost Discipline: Structural cost reductions, including a September realignment and lower performance marketing spend, reduced operating expenses 6% year-over-year, helping drive margin improvement.
Share Buyback: The Board approved a new $12 million share repurchase program, citing confidence in free cash flow generation and belief that shares are undervalued.
Revenue & GMV: Q3 revenue and GMV landed at the high end of guidance, with GMV up 5% and revenue up 4% year-over-year.
Strategic Shifts: Headcount was shifted from sales and marketing to product and engineering, increasing development capacity and emphasizing tech-driven growth.
Subscription Price Increase: A targeted seller subscription increase took effect October 1, with no meaningful increase in churn among affected sellers.
Q4 Guidance: Q4 GMV is expected between $90 million and $96 million, and revenue between $22.3 million and $23.5 million, with adjusted EBITDA margin guided to positive 2% to 5%.
