1stdibs.com (NASDAQ:DIBS) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

1stdibs.com (NASDAQ:DIBS) issued its earnings results on Wednesday. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.03, FiscalAI reports. 1stdibs.com had a negative return on equity of 12.05% and a negative net margin of 12.33%.The company had revenue of $23.32 million for the quarter, compared to the consensus estimate of $22.23 million.

Here are the key takeaways from 1stdibs.com’s conference call:

• Q2 exceeded guidance, with GMV of $96 million up 7%, revenue of $23.3 million up 5%, and adjusted EBITDA margin of approximately 6%, more than 13 percentage points higher than a year ago.
• Management upgraded its 2026 outlook and now expects full-year and Q4 GMV growth, despite continued weakness in luxury home-furnishings demand and housing markets.
• Product initiatives across discovery, personalization, pricing, shipping, and customer service are improving conversion, average order value, and platform efficiency; AI-assisted development now represents more than 70% of new code.
• Third-quarter guidance calls for GMV of $89 million–$94 million, revenue of $22 million–$22.9 million, and adjusted EBITDA margin between negative 1% and positive 2%, reflecting seasonal weakness and a difficult comparison.
• The company said it is no longer likely to generate positive free cash flow in 2026 because of an accounting reclassification tied to payment processor agreements, although management said the underlying business is generating cash ahead of expectations.

1stdibs.com Trading Down 1.4%

Shares of NASDAQ:DIBS opened at $4.86 on Thursday. The company has a 50-day moving average price of $4.47 and a 200 day moving average price of $5.02. 1stdibs.com has a 12 month low of $2.50 and a 12 month high of $6.62. The company has a market cap of $171.67 million, a price-to-earnings ratio of -15.51 and a beta of 0.80.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DIBS. Wall Street Zen lowered shares of 1stdibs.com from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1stdibs.com in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, 1stdibs.com presently has an average rating of “Hold” and an average price target of $7.00.

Insider Activity at 1stdibs.com

In other 1stdibs.com news, CEO David S. Rosenblatt purchased 47,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average cost of $4.51 per share, with a total value of $214,225.00. Following the purchase, the chief executive officer owned 712,802 shares of the company’s stock, valued at approximately $3,214,737.02. The trade was a 7.14% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 24.21% of the company’s stock.

Institutional Trading of 1stdibs.com

Hedge funds and other institutional investors have recently bought and sold shares of the business. Balyasny Asset Management L.P. bought a new position in shares of 1stdibs.com in the fourth quarter worth about $66,000. Jump Financial LLC bought a new stake in 1stdibs.com during the 4th quarter valued at about $90,000. Jacobs Levy Equity Management Inc. boosted its position in 1stdibs.com by 21.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 40,328 shares of the company’s stock valued at $104,000 after buying an additional 7,132 shares during the period. Topline Capital Management LLC purchased a new stake in 1stdibs.com in the 2nd quarter valued at about $120,000. Finally, Qube Research & Technologies Ltd bought a new position in 1stdibs.com in the 2nd quarter worth about $99,000. Hedge funds and other institutional investors own 66.97% of the company’s stock.

1stdibs.com Company Profile

1stDibs.com is an online marketplace specializing in high-end furniture, fine art, jewelry, watches, fashion and decor. The platform curates offerings from independent dealers, galleries and luxury brands, enabling vetted sellers to reach discerning buyers around the world. Headquartered in New York with an additional office in Paris, 1stDibs has built a reputation for quality and authenticity through rigorous seller screening and detailed item vetting.

Launched in 2001 by founder Michael Bruno, the company has grown into a leading destination for both private collectors and interior design professionals.