1stdibs Q4 revenue up 1%; forecasts Q1 revenue $22.1 mln-$23.1 mln

1stdibs.com

27/02/2026 12:11

Overview

Luxury marketplace's Q4 revenue rose 1% yr/yr, slightly missing analyst expectations

Company achieved first positive Adjusted EBITDA as a public company

Q4 net loss reduced significantly compared to prior year

Outlook

Company projects Q1 2026 GMV between $86.5 mln and $91.5 mln

1stdibs forecasts Q1 2026 net revenue of $22.1 mln to $23.1 mln

Company expects Q1 2026 Adjusted EBITDA margin between 0% and 4%

Result Drivers

COST MANAGEMENT - Improved monetization and disciplined cost management led to first positive Adjusted EBITDA as a public company, per CFO Tom Etergino

MACROECONOMIC CHALLENGES - Top-line results were affected by a challenging macroeconomic backdrop, according to CEO David Rosenblatt

DECLINE IN GMV - GMV decreased by 5% yr/yr, indicating challenges in customer demand

Company press release: ID:nBwCH21ra

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$23 mln
$23.09 mln (2 Analysts)
Q4 Net Income
-$1 mln
Q4 Gross Margin
73.50%
Q4 Gross Profit
$16.90 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "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 25% above its February 26 closing price of $5.60

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)