1stdibs.com (NASDAQ:DIBS) Posts Earnings Results, Misses Expectations By $0.02 EPS

1stdibs.com (NASDAQ:DIBS) issued its quarterly earnings results on Friday. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02), Zacks reports. 1stdibs.com had a negative return on equity of 14.44% and a negative net margin of 15.25%.The company had revenue of $22.39 million during the quarter, compared to the consensus estimate of $22.73 million.

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

• 1stDibs reported positive adjusted EBITDA for the second consecutive quarter (~$600k), generated $8.0M of free cash flow in Q1, and ended the quarter with $85.3M in cash after ~$9.1M of share repurchases.
• Top-line activity remained soft: GMV was $89.7M (down 5%) and net revenue $22.4M (down 1%), with active buyers falling ~10% as a result of deliberate sales and performance marketing reductions and a weak U.S. housing backdrop.
• Management is reallocating spend toward product and engineering (Tech spend +10%; AI-assisted development now >50% of new code) and reported immediate gains in discovery metrics (search success +4%, null results -25%) with visual search launching in Q2 and natural-language search planned later in 2026.
• Operational levers to boost conversion and margins include pricing and shipping initiatives — price-parity coverage rose 44%, take rates increased ~120 bps, USPS integration cut small-parcel rates ~30–50%, and tracking support will expand from ~10 to 70+ carriers.

1stdibs.com Trading Down 4.0%

DIBS stock opened at $4.28 on Friday. The stock has a market capitalization of $155.71 million, a PE ratio of -13.81 and a beta of 0.76. 1stdibs.com has a 12-month low of $2.35 and a 12-month high of $6.62. The stock’s 50 day simple moving average is $5.45 and its 200 day simple moving average is $5.33.

Wall Street Analysts Forecast Growth

DIBS has been the topic of a number of analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of 1stdibs.com in a research report on Friday, March 27th. Wall Street Zen cut 1stdibs.com from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Northland Securities raised 1stdibs.com from a “market perform” rating to an “outperform” rating and set a $7.00 price target on the stock in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, 1stdibs.com currently has an average rating of “Hold” and a consensus target price of $7.00.

Insider Transactions at 1stdibs.com

In related news, General Counsel Melanie F. Goins sold 12,248 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $5.50, for a total value of $67,364.00. Following the transaction, the general counsel directly owned 224,270 shares of the company’s stock, valued at approximately $1,233,485. This represents a 5.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 15,000 shares of company stock valued at $82,553. Corporate insiders own 24.21% of the company’s stock.

Hedge Funds Weigh In On 1stdibs.com

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its position in 1stdibs.com by 59.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,395 shares of the company’s stock valued at $27,000 after acquiring an additional 3,862 shares in the last quarter. Bank of America Corp DE lifted its position in 1stdibs.com by 43.5% in the 3rd quarter. Bank of America Corp DE now owns 13,216 shares of the company’s stock valued at $34,000 after acquiring an additional 4,006 shares in the last quarter. Two Sigma Investments LP lifted its position in 1stdibs.com by 4.0% in the 3rd quarter. Two Sigma Investments LP now owns 112,460 shares of the company’s stock valued at $291,000 after acquiring an additional 4,296 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted 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 acquiring an additional 7,132 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in 1stdibs.com by 59.8% in the 2nd quarter. Marshall Wace LLP now owns 19,153 shares of the company’s stock valued at $53,000 after acquiring an additional 7,168 shares in the last quarter. 66.97% of the stock is owned by institutional investors.

About 1stdibs.com

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.