---
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"
generated_at: "2026-06-18T17:59:26.704316+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 1stDibs Q4 revenue down 15% to $23.0M; full year net loss widens to $22.5M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600641-23-000006
- JSON: https://secwatch.observer/filing/0001600641-23-000006.json
- Plain text: https://secwatch.observer/filing/0001600641-23-000006.txt

## Key facts
- Earnings Releases
  1stdibs.com, Inc. reported first quarter 2023 results: revenue $21.4 million - $22.5 million. Guidance initiated.
  - Period: first quarter 2023
  - Revenue: $21.4 million - $22.5 million
  - Guidance: initiated
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1600641/000160064123000006/0001600641-23-000006-index.htm
- Earnings Releases
  1stdibs.com, Inc. reported Full Year 2022 results: revenue $96.8 million, net income $22.5 million.
  - Period: Full Year 2022
  - Revenue: $96.8 million
  - Net income: $22.5 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1600641/000160064123000006/0001600641-23-000006-index.htm
- Earnings Releases
  1stdibs.com, Inc. reported Fourth Quarter 2022 results: revenue $23.0 million, net income $6.9 million.
  - Period: Fourth Quarter 2022
  - Revenue: $23.0 million
  - Net income: $6.9 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1600641/000160064123000006/0001600641-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.