1stDibs Reports Q1 Revenue of $22.4M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2026
0mins
Should l Buy DIBS?
Reports Q1 revenue $22.4M vs. $22.5M last year. "The first quarter was exactly what we had expected it would be: on plan, Adjusted EBITDA positive, and progressing on the foundational product, marketing and service work that will drive our return to GMV growth by the fourth quarter," said David Rosenblatt, 1stDibs CEO. "Our 2026 financial framework is unchanged, and our conviction in the durability of our marketplace - built on curation, scarcity, and human expertise - has never been stronger."
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Analyst Views on DIBS
Wall Street analysts forecast DIBS stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 4.460
Low
8.00
Averages
8.00
High
8.00
Current: 4.460
Low
8.00
Averages
8.00
High
8.00
About DIBS
1stdibs.com, Inc. is an online marketplace for connecting design lovers with sellers and makers of vintage, antique and contemporary furniture, home decor, art, jewelry, watches and fashion. It provides its sellers access to a global community of buyers and a platform to facilitate e-commerce at scale. Its sellers use its platform to manage their inventory, build their digital marketing presence, and communicate and negotiate prices directly with buyers. It provides its buyers a purchase experience with its user-friendly interface. Its 1stDibs Promise provides a community of sellers from around the world; multiple payment options and a comprehensive fraud protection and prevention program; customer service support from dedicated specialists to answer questions, assist with orders, and stand ready to resolve any transaction or technical issues throughout the buying process; cancellations within 24 hours, and others. It has 7.0 million users and approximately 1.8 million listings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
1stDibs Unveils 2026's 1stDibs 50 Designers
- Diversity in Design: The 2026 1stDibs 50 list features 50 firms, including 28 women-led companies, highlighting the industry's commitment to diversity and inclusion, which is expected to attract consumer attention and enhance brand image.
- Focus on Emerging Talent: This year, 12 firms are included for the first time, marking 1stDibs' ongoing support for emerging design talent, enriching the design ecosystem and providing consumers with more innovative choices.
- Celebration Event Highlights: The intimate dinner at The Waverly Inn in New York brought together designers, brand partners, and press, strengthening industry connections and collaborations that are likely to drive future business opportunities.
- Brand Partnerships: The event partnered with brands like Miele, House of Rohl, and CÎROC, emphasizing a shared commitment to craftsmanship and design excellence, which is expected to enhance market influence and consumer awareness.
See More
1stDibs Q1 2026 Earnings Call Insights
- Performance Overview: 1stDibs reported Q1 2026 GMV of $89.7 million and net revenue of $22.4 million, reflecting declines of 5% and 1%, respectively, indicating a stable performance amidst a challenging market environment.
- Profitability Improvement: Adjusted EBITDA reached $600,000, exceeding the midpoint of guidance, demonstrating the company's ability to generate profitability even in a tough external environment, highlighting the resilience of its financial model.
- Strategic Shift: The company increased technology development spending by 10% while total operating expenses declined by 11%, indicating a strategic reallocation of resources towards product and engineering to drive future growth.
- Market Outlook: The CFO guided Q2 GMV to range between $86 million and $91 million, and despite short-term reductions in sales and marketing spending, the company remains committed to achieving positive GMV growth by Q4 2026.
See More
1stdibs Q1 Earnings Miss Expectations with Declining Metrics
- Disappointing Earnings: 1stdibs reported a Q1 GAAP EPS of -$0.06, missing expectations by $0.02, indicating ongoing pressure on profitability that may undermine investor confidence.
- Revenue and Order Decline: The company's revenue stood at $22.39 million, down 0.7% year-over-year, with approximately 31,000 orders reflecting a 12% decrease, suggesting weak market demand that could pressure future performance.
- Decrease in Active Buyers: Active buyers numbered around 58,000, a 10% decline from the previous year, indicating a shrinking customer base that may impact long-term growth potential.
- Cautious Future Outlook: The company’s guidance for Q2 2026 suggests GMV expectations between $86 million and $91 million, with net revenue projected at $21.6 million to $22.6 million, reflecting management's lack of confidence in a near-term recovery.
See More
1stDibs Launches New Podcast 'Objects of Desire'
- Podcast Launch: 1stDibs officially launches its first podcast, 'Objects of Desire,' aiming to humanize the brand through cultural storytelling that transcends the transactional nature of its marketplace.
- Strong Guest Lineup: The debut season features eight episodes with high-profile guests, including actress Patricia Clarkson and author Elizabeth Gilbert, who share personal stories related to significant art or design objects, enhancing emotional resonance with listeners.
- Unique Content Format: The podcast combines professional design expertise with an intimate and accessible conversational style, aiming to reveal the 'heart and gossip' behind the high-end art and design world, thereby attracting a broader audience.
- Convenient Listening Options: Launched on March 31, the podcast is available for subscription and streaming on major platforms like Apple Podcasts and Spotify, further expanding 1stDibs' market influence.
See More
Wall Street Analysts Adjust Ratings on Key Stocks
- Analyst Rating Updates: Top Wall Street analysts have adjusted their ratings on several stocks, including upgrades, downgrades, and initiations, reflecting the latest market perspectives on these companies.
- Market Dynamics Overview: While specific stocks are not detailed, changes in analyst ratings typically influence investor decisions and may lead to price fluctuations in the affected stocks.
- Investor Focus: For those considering buying U stock, analysts' opinions may provide crucial market insights, aiding them in making more informed investment choices.
- Source of Rating Changes: A complete view of all analyst rating changes can be found on Benzinga's analyst ratings page, ensuring investors have access to comprehensive information to support their investment strategies.
See More
1stdibs Reports First Positive EBITDA as Public Company in Q4 2025
- Financial Turning Point: 1stdibs achieved $1.3 million in adjusted EBITDA for Q4 2025, marking its first profitable quarter as a public company, a significant turnaround from a $1.6 million loss in the previous year, demonstrating the effectiveness of its strategic realignment.
- Revenue Growth Outlook: Management anticipates achieving positive year-over-year revenue growth for the third consecutive year in 2026, with expectations for GMV growth to return by Q4, primarily driven by AI-enhanced product roadmaps and personalized buyer experiences.
- Operational Efficiency Gains: By shifting approximately 30% of new code to AI-assisted development, 1stdibs successfully maintained flat headcount while achieving its ninth consecutive quarter of conversion growth, reflecting a strategic focus on technology investment.
- Optimistic Market Prospects: Despite macroeconomic challenges, management remains confident in its 2026 financial plan, expecting gross margins to rise to 72%-74% and planning to enhance revenue streams through expanded high-margin advertising opportunities.
See More
1stDibs Unveils 2026's 1stDibs 50 Designers
- Diversity in Design: The 2026 1stDibs 50 list features 50 firms, including 28 women-led companies, highlighting the industry's commitment to diversity and inclusion, which is expected to attract consumer attention and enhance brand image.
- Focus on Emerging Talent: This year, 12 firms are included for the first time, marking 1stDibs' ongoing support for emerging design talent, enriching the design ecosystem and providing consumers with more innovative choices.
- Celebration Event Highlights: The intimate dinner at The Waverly Inn in New York brought together designers, brand partners, and press, strengthening industry connections and collaborations that are likely to drive future business opportunities.
- Brand Partnerships: The event partnered with brands like Miele, House of Rohl, and CÎROC, emphasizing a shared commitment to craftsmanship and design excellence, which is expected to enhance market influence and consumer awareness.
See More
1stDibs Q1 2026 Earnings Call Insights
- Performance Overview: 1stDibs reported Q1 2026 GMV of $89.7 million and net revenue of $22.4 million, reflecting declines of 5% and 1%, respectively, indicating a stable performance amidst a challenging market environment.
- Profitability Improvement: Adjusted EBITDA reached $600,000, exceeding the midpoint of guidance, demonstrating the company's ability to generate profitability even in a tough external environment, highlighting the resilience of its financial model.
- Strategic Shift: The company increased technology development spending by 10% while total operating expenses declined by 11%, indicating a strategic reallocation of resources towards product and engineering to drive future growth.
- Market Outlook: The CFO guided Q2 GMV to range between $86 million and $91 million, and despite short-term reductions in sales and marketing spending, the company remains committed to achieving positive GMV growth by Q4 2026.
See More
1stdibs Q1 Earnings Miss Expectations with Declining Metrics
- Disappointing Earnings: 1stdibs reported a Q1 GAAP EPS of -$0.06, missing expectations by $0.02, indicating ongoing pressure on profitability that may undermine investor confidence.
- Revenue and Order Decline: The company's revenue stood at $22.39 million, down 0.7% year-over-year, with approximately 31,000 orders reflecting a 12% decrease, suggesting weak market demand that could pressure future performance.
- Decrease in Active Buyers: Active buyers numbered around 58,000, a 10% decline from the previous year, indicating a shrinking customer base that may impact long-term growth potential.
- Cautious Future Outlook: The company’s guidance for Q2 2026 suggests GMV expectations between $86 million and $91 million, with net revenue projected at $21.6 million to $22.6 million, reflecting management's lack of confidence in a near-term recovery.
See More
1stDibs Launches New Podcast 'Objects of Desire'
- Podcast Launch: 1stDibs officially launches its first podcast, 'Objects of Desire,' aiming to humanize the brand through cultural storytelling that transcends the transactional nature of its marketplace.
- Strong Guest Lineup: The debut season features eight episodes with high-profile guests, including actress Patricia Clarkson and author Elizabeth Gilbert, who share personal stories related to significant art or design objects, enhancing emotional resonance with listeners.
- Unique Content Format: The podcast combines professional design expertise with an intimate and accessible conversational style, aiming to reveal the 'heart and gossip' behind the high-end art and design world, thereby attracting a broader audience.
- Convenient Listening Options: Launched on March 31, the podcast is available for subscription and streaming on major platforms like Apple Podcasts and Spotify, further expanding 1stDibs' market influence.
See More
Wall Street Analysts Adjust Ratings on Key Stocks
- Analyst Rating Updates: Top Wall Street analysts have adjusted their ratings on several stocks, including upgrades, downgrades, and initiations, reflecting the latest market perspectives on these companies.
- Market Dynamics Overview: While specific stocks are not detailed, changes in analyst ratings typically influence investor decisions and may lead to price fluctuations in the affected stocks.
- Investor Focus: For those considering buying U stock, analysts' opinions may provide crucial market insights, aiding them in making more informed investment choices.
- Source of Rating Changes: A complete view of all analyst rating changes can be found on Benzinga's analyst ratings page, ensuring investors have access to comprehensive information to support their investment strategies.
See More
1stdibs Reports First Positive EBITDA as Public Company in Q4 2025
- Financial Turning Point: 1stdibs achieved $1.3 million in adjusted EBITDA for Q4 2025, marking its first profitable quarter as a public company, a significant turnaround from a $1.6 million loss in the previous year, demonstrating the effectiveness of its strategic realignment.
- Revenue Growth Outlook: Management anticipates achieving positive year-over-year revenue growth for the third consecutive year in 2026, with expectations for GMV growth to return by Q4, primarily driven by AI-enhanced product roadmaps and personalized buyer experiences.
- Operational Efficiency Gains: By shifting approximately 30% of new code to AI-assisted development, 1stdibs successfully maintained flat headcount while achieving its ninth consecutive quarter of conversion growth, reflecting a strategic focus on technology investment.
- Optimistic Market Prospects: Despite macroeconomic challenges, management remains confident in its 2026 financial plan, expecting gross margins to rise to 72%-74% and planning to enhance revenue streams through expanded high-margin advertising opportunities.
See More
