secwatch.observer — SEC 8-K summary
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Issuer:     1stdibs.com, Inc. (DIBS)
CIK:        0001600641
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001600641-21-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1stdibs Q3 revenue up 22% to $25.6M; net loss widens to $6.6M; guides Q4 GMV $117-121M
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- Net revenue $25.6M (+22% YoY); gross margin 70.6% vs 69.9%.
- GAAP net loss $6.6M vs $1.4M loss in Q3 2020; Adj EBITDA loss $(5.4)M vs $(0.5)M.
- GMV $109M (+25% YoY); Active Buyers ~72K (+35%); Orders ~37K (+16%).
- Q4 guidance: GMV $117-121M, net revenue $26.5-27.2M, Adj EBITDA margin (21%)-(18%).
- Launched 1stDibs Auctions allowing bidding on furniture, art, jewelry, and fashion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600641/000160064121000013/0001600641-21-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600641/000160064121000013/dibs-20211110.htm
  HTML page:      https://secwatch.observer/filing/0001600641-21-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer