Overview

• U.S. luxury design marketplace's preliminary Q1 revenue fell 1% yr/yr to $22.4 mln

• Company posted positive adjusted EBITDA for Q1 after cost base restructuring

• Gross merchandise value, number of orders, and active buyers all declined yr/yr

Outlook

• 1stdibs.Com expects Q2 2026 GMV between $86 mln and $91 mln

• Company sees Q2 2026 net revenue of $21.6 mln to $22.6 mln

• 1stdibs.Com expects Q2 2026 adjusted EBITDA margin of (2%) to 2%

Result Drivers

• COST BASE RESTRUCTURING - Co said positive adjusted EBITDA was driven by a re-engineered cost base and resource reallocation toward product and engineering

Company press release: ID:nBw4Xcs68a

Key Details

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 57% above its May 7 closing price of $4.46

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