1stdibs.Com Q2 revenue rises on  platform enhancements

1stdibs.com

05/08/2026 12:18

Overview
US luxury marketplace's preliminary Q2 revenue rose 5% yr/yr to $23.3 mln
Gross profit grew 8% yr/yr, gross margin improved to 73.9%
GAAP net loss narrowed to $1.0 mln from $4.3 mln a year ago

Outlook
1stdibs.com sees Q3 GMV between $89.0 mln and $94.0 mln
Company expects Q3 net revenue of $22.0 mln to $22.9 mln
1stdibs.com forecasts Q3 adjusted EBITDA margin (non-GAAP) between (1%) and 2%

Result Drivers
MARKETPLACE IMPROVEMENTS - Co said product roadmap and platform enhancements contributed to revenue and GMV growth, per CEO David Rosenblatt
COST STRUCTURE - Co said reengineered cost structure converted revenue gains into margin expansion, per CFO Tom Etergino

Company press release: ID:nBwbR5pY9a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$23.30 mln
$22.23 mln (2 Analysts)
Q2 Net Loss
 
$1 mln
 
Q2 Gross Margin
 
73.90%
 
Q2 Gross Profit
 
$17.20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy."
Wall Street's median 12-month price target for 1stdibs.Com Inc is $7.00, about 60.2% above its August 4 closing price of $4.37

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)