Highest-materiality recent filing
1stdibs.com board authorizes up to $10M share repurchase program
Board authorized repurchase of up to $10.0 million of common stock (DIBS).
1stDibs Q1 revenue $22.4M (-1% YoY); GAAP loss narrows to $2.2M; Adj EBITDA positive $0.6M
Net revenue $22.4M (-1% YoY); GMV $89.7M (-5%); orders ~31K (-12%); active buyers ~58K (-10%).
1stDibs Q4 net loss narrows to $1.0M; first positive Adj EBITDA as public company
Q4 revenue $23.0M (+1% YoY); GMV $90.2M (-5%); Active Buyers ~61K (-5%).
Net revenue $22.0M (+4% YoY); gross margin 74.3% vs 71.0% a year ago.
1stDibs Q2 revenue flat at $22.1M; GMV down 2%; Q3 guidance soft
Net revenue $22.1M flat YoY; GAAP net loss $4.3M vs $4.4M prior.
1stdibs Q4 revenue $22.8M +9% YoY, full-year net loss narrows to $18.6M
Q4 net revenue $22.8M (+9% YoY); GAAP net loss $5.2M vs $2.9M loss in Q4 2023.
1stdibs Q3 revenue $21.2M (+3% YoY), net loss widens to $5.7M; Q4 guidance soft
Net revenue $21.2M (+3% YoY); gross margin 71.0% vs 73.3% in Q3 2023.
1stDibs Q2 2024 net revenue $22.2M (+6% YoY); GAAP net loss narrows to $4.4M
Net revenue $22.2M (+6% YoY); GMV $91.5M (+2% YoY); order count ~34K (+5% YoY).
1stDibs completes $25.2M share repurchase, repurchased 4.9M shares at avg $5.12
Repurchased ~4.9M shares for $25.2M at average price $5.12 per share.
1stdibs repurchases 2.98M shares from Insight for $15.6M; board adds $5.5M to buyback program
Repurchase 2,982,446 shares at $5.2021 per share plus $0.025 commission; total $15,589,543.49.
1stDibs Q4 revenue $20.9M (-9% YoY); net loss narrows to $2.9M
Q4 2023 net revenue $20.9M, down 9% YoY; full year revenue $84.7M, down 13%.
1stDibs Q3 revenue down 9% to $20.7M; GAAP net loss narrows to $3.3M from $9.0M YoY
Net revenue $20.7M (-9% YoY); GMV $89.0M (-10% YoY); orders ~31K (-11% YoY).
1stdibs.com subleases entire office space to Intuit Inc. through Dec 2029
Sublease covers 42,232 rentable sq ft at 51 Astor Place, NYC, with phased occupancy starting Oct 2023 and Jan 2024.
1stDibs Q2 revenue down 15% YoY to $20.9M; net loss $8.3M; authorizes $20M buyback
Net revenue $20.9M, down 15% YoY; GAAP net loss $8.3M vs $0.3M loss in Q2 2022 (which included $9.7M gain on sale of Design Manager).
1stdibs cuts 20% of workforce; CTO Ross Paul terminated as part of restructuring
Workforce reduction of ~20% of global headcount announced June 28, 2023.
1stdibs Q1 revenue falls 17% to $22.2M, net loss widens to $8.1M; guides Q2 lower
Net revenue $22.2M (-17% YoY); GAAP net loss $8.1M vs $6.4M loss in Q1 2022.
1stDibs Q4 revenue down 15% to $23.0M; full year net loss widens to $22.5M
Q4 net revenue $23.0M (-15% YoY); GAAP net loss $6.9M vs $8.1M loss in Q4 2021.
1stDibs Q3 revenue falls 11% to $22.7M; net loss widens to $9.0M
Net revenue $22.7M (-11% YoY); GAAP net loss $9.0M vs $6.6M loss in Q3 2021.
1stdibs.com announces 10% workforce reduction; expects $0.5-0.6M in restructuring charges
Workforce reduction of approximately 10% of current employees, effective September 22, 2022.
1stDibs Q2 revenue $24.6M (-0.5% YoY); net loss $0.3M; exploring strategic alternatives
Net revenue $24.6M (down 0.5% YoY); GAAP net loss $0.3M includes $9.7M gain on Design Manager sale.
1stDibs Q1 net rev $26.6M (+4% YoY); GAAP net loss $6.4M vs $2.2M loss year ago
Q1 net revenue $26.6M (+4% YoY); gross profit $18.9M (+2%); gross margin 71.1% vs 72.5%.
1stDibs Q4 revenue +13% to $26.9M but net loss widens to $8.1M; guides Q1 margins weak
Q4 net revenue $26.9M (+13% YoY); GMV $117M (+11%); gross margin fell to 61.7% from 72.0%.
1stdibs Q3 revenue up 22% to $25.6M; net loss widens to $6.6M; guides Q4 GMV $117-121M
Net revenue $25.6M (+22% YoY); gross margin 70.6% vs 69.9%.
1stdibs Q2 revenue up 29% to $24.7M; GMV up 34%; issues Q3 guidance
Net revenue $24.7M (+29% YoY); Gross profit $17.4M (+33%); GAAP net loss $4.1M vs $3.3M loss YoY.
On March 11, 2025, Ryan Beauchamp tendered his resignation as the Chief Product Officer of 1stdibs.com, Inc. (the “Company”), such resignation to be effective on March 28, 2025.
Effective as of February 13, 2024, Everette Taylor was appointed to serve as a member of the board of directors (the “Board”) of 1stdibs.com, Inc. (the “Company”).
On June 26, 2023, the Company determined that the employment of Ross Paul, the Company’s Chief Technology Officer and a named executive officer, would be terminated as part of the above-referenced workforce reduction, with such termination effective June 30, 2023.
On February 23, 2022, Tu Nguyen tendered her resignation as the Chief Financial Officer of 1stdibs.com, Inc. (the “Company”), such resignation to be effective on March 28, 2022.
On February 27, 2022, the Board of Directors of the Company (the “Board”) appointed Thomas J. Etergino to serve as the Company’s Chief Financial Officer effective upon Ms. Nguyen’s resignation.
Max materiality 0.80 · Median 0.65 · Most common event earnings