1stDibs Q1 net revenue $22.5M (+2% YoY); GAAP net loss widens to $4.8M

1stdibs.com, Inc.

2025-Q1 EPS reported -$0.14 revenue$22,545,000

GAAP net loss of $4.8M vs $3.3M loss in Q1 2024; non-GAAP Adj. EBITDA -$1.7M (7.8% margin).
GMV $94.7M (+3% YoY); Active Buyers ~65K (+7%); Orders ~35K flat.
Cash & investments $101M as of March 31, 2025.
Q2 2025 guidance: net revenue $21.2M-$22.5M; Adj. EBITDA margin -14% to -10%.
Management cites market share gains and steady roadmap progress.

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