1stdibs.Com, Inc. (DIBS) Earnings Call Transcripts
1stdibs.Com, Inc.'s Latest Earnings Call - Q1 FY2026
In Q1 2026, 1stdibs.Com, Inc. reported revenue of $22.4 million, down 1% year-over-year, and GMV of $89.7 million, down 5%. Adjusted EBITDA was approximately $600,000, marking the second consecutive quarter of positive adjusted EBITDA. Management maintained their guidance for Q2, expecting GMV between $86 million and $91 million, and net revenue between $21.6 million and $22.6 million, indicating a strategic focus on profitability over short-term volume amidst challenging market conditions.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $22.4 million (inline) |
| GMV | $89.7 million (beat) |
| Adjusted EBITDA | $600,000 (positive) |
| Active Buyers | 58,300 (negative) |
| Average Order Value | $2,750 (positive) |
| Gross Profit Margin | 74% (positive) |
Guidance from management
Management maintained their 2026 financial framework, expecting a return to positive year-over-year GMV growth by Q4, driven by product roadmap advancements. They forecast Q2 GMV between $86 million and $91 million, and net revenue of $21.6 million to $22.6 million.
What analysts pressed on
Analysts expressed concerns regarding the decline in active buyers and the potential impact of reduced marketing spend on future growth. Questions focused on the timeline for product improvements and the necessity of macroeconomic recovery for GMV growth.
Main topics on the call
- Positive Adjusted EBITDA — 1stdibs achieved positive adjusted EBITDA of approximately $600,000, validating their cost structure changes. CFO Tom Etergino stated, "This is the direct result of the cost structure we rebuilt starting in 2022."
- Revenue Decline — Revenue decreased by 1% year-over-year to $22.4 million, attributed to a challenging demand environment and reduced marketing spend. Management acknowledged, "The demand environment remains challenging."
- Strategic Cost Management — Total operating expenses declined by 11%, reflecting a multiyear cost reset initiated in 2022. Etergino noted, "We made the decision to prioritize unit economics over volume."
- Product Roadmap Progress — 1stdibs is advancing its product roadmap focused on discovery, pricing, shipping, and service. CEO David Rosenblatt highlighted, "We do expect that to compound over time."
Read the full 1stdibs.Com, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About 1stdibs.Com, Inc.
1stdibs.Com, Inc. (DIBS) is a publicly listed company in the Broadline Retail industry, within the Consumer Discretionary sector. It trades on NasdaqGM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 25 calls on record spanning August 11, 2021 to August 5, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 25 1stdibs.Com, Inc. earnings call transcripts on record, spanning August 11, 2021 to August 5, 2026. Based on this history, 1stdibs.Com, Inc. reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- DIBS
- Exchange
- NasdaqGM
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Broadline Retail
- Calls on record
- 25
- First call
- August 11, 2021
- Most recent
- August 5, 2026
- Reporting cadence
- quarterly