Quarterly ResultMay 8, 2026, 09:17 AM
1stDibs Q1 Net Loss Narrows to $2.17M; Revenue $22.39M
AI Summary
1stDibs.com, Inc. reported a significant reduction in its net loss for the first quarter of 2026, narrowing to $2.17 million from $4.81 million in the prior year. Net revenue saw a slight decrease to $22.39 million from $22.55 million year-over-year. The company also generated positive net cash from operating activities of $1.06 million, a notable improvement from a net cash use in the previous year, and incurred $0.49 million in restructuring expenses aimed at improving operational and cost efficiency.
Key Highlights
- Net loss significantly narrowed to $2.17 million in Q1 2026 from $4.81 million in Q1 2025.
- Net revenue slightly decreased to $22.39 million in Q1 2026 from $22.55 million in Q1 2025.
- Operating loss improved to $3.32 million in Q1 2026 from $6.26 million in Q1 2025.
- Net cash provided by operating activities was $1.06 million in Q1 2026, compared to a $0.10 million use in Q1 2025.
- Incurred $0.49 million in restructuring expenses in Q1 2026 for operational efficiency.
- Repurchased $9.44 million of common stock in Q1 2026, compared to $1.79 million in Q1 2025.
- Total assets decreased to $121.85 million as of March 31, 2026, from $132.11 million at year-end 2025.
- Total liabilities decreased to $37.89 million as of March 31, 2026, from $38.53 million at year-end 2025.
Price Impact
More from DIBS