secwatch.observer — SEC 8-K summary
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Issuer:     1stdibs.com, Inc. (DIBS)
CIK:        0001600641
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001600641-26-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1stDibs Q1 revenue $22.4M (-1% YoY); GAAP loss narrows to $2.2M; Adj EBITDA positive $0.6M
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- Net revenue $22.4M (-1% YoY); GMV $89.7M (-5%); orders ~31K (-12%); active buyers ~58K (-10%).
- GAAP net loss narrowed to $2.2M from $4.8M YoY; Non-GAAP Adj EBITDA positive at $0.6M (margin 2.5%).
- Gross margin expanded to 74.4% from 72.4% YoY; cash and short-term investments $85.3M.
- Q2 guidance: GMV $86-91M, revenue $21.6-22.6M, Adj EBITDA margin -2% to 2%.
- CEO expects GMV growth return by Q4; CFO notes second consecutive positive Adj EBITDA and free cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600641/000160064126000017/0001600641-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600641/000160064126000017/quarterly-20260508.htm
  HTML page:      https://secwatch.observer/filing/0001600641-26-000017

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