secwatch.observer — SEC 8-K summary
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Issuer:     1stdibs.com, Inc. (DIBS)
CIK:        0001600641
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001600641-22-000016
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1stDibs Q4 revenue +13% to $26.9M but net loss widens to $8.1M; guides Q1 margins weak
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- Q4 net revenue $26.9M (+13% YoY); GMV $117M (+11%); gross margin fell to 61.7% from 72.0%.
- GAAP net loss $8.1M vs $1.6M loss; Non-GAAP Adj EBITDA loss $6.7M vs $0.9M loss.
- Active buyers grew 25% YoY to ~72K; orders ~40K (+3% YoY).
- Full-year 2021 net revenue $102.7M (+25%); net loss $21.0M vs $12.5M in 2020.
- Q1 2022 guidance: GMV $113.5-117.5M, revenue $26.4-27.0M; Adj EBITDA margin (23%) to (21%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600641/000160064122000016/0001600641-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600641/000160064122000016/dibs-20220301.htm
  HTML page:      https://secwatch.observer/filing/0001600641-22-000016

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