---
schema_version: "secwatch.filing_event.v1"
accession: "0001600641-23-000054"
form_type: "8-K"
ticker: "DIBS"
cik: "0001600641"
company_name: "1stdibs.com, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:25:38.126824+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 1stdibs Q1 revenue falls 17% to $22.2M, net loss widens to $8.1M; guides Q2 lower

## Summary
- Net revenue $22.2M (-17% YoY); GAAP net loss $8.1M vs $6.4M loss in Q1 2022.
- Non-GAAP Adjusted EBITDA loss $5.3M (margin -23.7%); Gross margin 67.1% vs 71.1%.
- GMV $97M (-17%), Orders ~35K (-10%), Active Buyers ~66K (-7%).
- Cash, equivalents & short-term investments $150.5M.
- Q2 2023 guidance: GMV $85-92M, revenue $20.1-21.3M, Adj EBITDA margin (34%)-(28%).

## SEC filing metadata
- accession: 0001600641-23-000054
- form_type: 8-K
- ticker: DIBS
- cik: 0001600641
- company_name: 1stdibs.com, Inc.
- filed_at: 2023-05-10T23:59:59+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/1600641/000160064123000054/0001600641-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600641/000160064123000054/q1-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600641-23-000054
- JSON: https://secwatch.observer/filing/0001600641-23-000054.json
- Plain text: https://secwatch.observer/filing/0001600641-23-000054.txt

## Key facts
- Earnings Releases
  1stdibs.com, Inc. reported second quarter 2023 results: revenue $20.1 million - $21.3 million. Guidance initiated.
  - Period: second quarter 2023
  - Revenue: $20.1 million - $21.3 million
  - Guidance: initiated
  - Result: guidance update
  source text: The Company’s second quarter 2023 guidance is below. Q2 2023 Guidance GMV $85 million - $92 million Net revenue $20.1 million - $21.3 million Adjusted EBITDA margin (non-GAAP) (34%) - (28%)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600641/000160064123000054/0001600641-23-000054-index.htm
- Earnings Releases
  1stdibs.com, Inc. reported first quarter ended March 31, 2023 results: revenue $22.2 million, net income ($8.1 million).
  - Period: first quarter ended March 31, 2023
  - Revenue: $22.2 million
  - Net income: ($8.1 million)
  - Result: reported results
  source text: products ("1stDibs" or the "Company") , today reported financial results for its first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights • Net revenue was $22.2 million, a decrease of 17% year-over-year. • Gross profit was $14.9 million, a decrease of 21% year-over-year. • Gross margin was 67.1%, compared to 71.1% in the first quarter 2022. •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600641/000160064123000054/0001600641-23-000054-index.htm

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