{"schema_version":"secwatch.filing_event.v1","accession":"0001600641-23-000006","form_type":"8-K","ticker":"DIBS","cik":"0001600641","company_name":"1stdibs.com, Inc.","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.782253+00:00","generated_at":"2026-06-18T17:59:26.704316+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"1stDibs Q4 revenue down 15% to $23.0M; full year net loss widens to $22.5M","bullets":["Q4 net revenue $23.0M (-15% YoY); GAAP net loss $6.9M vs $8.1M loss in Q4 2021.","Full year 2022 net revenue $96.8M (-6% YoY); GAAP net loss $22.5M vs $21.0M loss in 2021.","Q4 GMV $104M (-11% YoY); Active Buyers ~68K (-7% YoY).","Q1 2023 guidance: GMV $93M-$100M, net revenue $21.4M-$22.5M, Adj. EBITDA margin -29% to -24%.","Restructuring in Sep 2022 reduced workforce ~10%, incurred $0.7M charges; sold Design Manager for $14.8M, gain $9.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0001600641-23-000006","json":"https://secwatch.observer/filing/0001600641-23-000006.json","markdown":"https://secwatch.observer/filing/0001600641-23-000006.md","text":"https://secwatch.observer/filing/0001600641-23-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1600641/000160064123000006/0001600641-23-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1600641/000160064123000006/dibs-20230301.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T17:59:26.704316+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6407b98d9d7f25ef2e4b6d9cd72f64644a296e58","claim":"1stdibs.com, Inc. reported first quarter 2023 results: revenue $21.4 million - $22.5 million. Guidance initiated.","evidence_excerpt":"Financial Guidance and Outlook The Company’s first quarter 2023 guidance is below. Q1 2023 Guidance GMV $93 million - $100 million Net revenue $21.4 million - $22.5 million Adjusted EBITDA margin (non-GAAP) (29%) - (24%)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1600641/000160064123000006/0001600641-23-000006-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$21.4 million - $22.5 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"90e3150b17b70827952ae7749c07e8da5ff7ccb4","claim":"1stdibs.com, Inc. reported Full Year 2022 results: revenue $96.8 million, net income $22.5 million.","evidence_excerpt":"Net revenue was $96.8 million, a decrease of 6% year-over-year. • Gross profit was $67.2 million, a decrease of 5% year-over-year. • Gross margin was 69.4%, compared to 68.7% in the year ended December 31, 2021. • GAAP net loss was $22.5 million, compared to $21.0 million in the year ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1600641/000160064123000006/0001600641-23-000006-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2022"},{"label":"Revenue","value":"$96.8 million"},{"label":"Net income","value":"$22.5 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ddf8fe6f12f1ce74f9e42717a070bc2bb4f78ced","claim":"1stdibs.com, Inc. reported Fourth Quarter 2022 results: revenue $23.0 million, net income $6.9 million.","evidence_excerpt":"Net revenue was $23.0 million, a decrease of 15% year-over-year. • Gross profit was $16.2 million, a decrease of 3% year-over-year. • Gross margin was 70.5%, compared to 61.7% in the fourth quarter 2021. • GAAP net loss was $6.9 million compared to a net loss of $8.1 million in the fourth quarter 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1600641/000160064123000006/0001600641-23-000006-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter 2022"},{"label":"Revenue","value":"$23.0 million"},{"label":"Net income","value":"$6.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}