Quarterly ResultAug 5, 2026, 09:28 AM
1stdibs.com Q2 Net Loss Narrows to $1.02M; Revenue Up 5.3%
AI Summary
1stdibs.com reported a significant narrowing of its net loss for the second quarter and first half of 2026, alongside a modest increase in net revenue. The company's net loss for Q2 2026 improved by 76.3% to $(1.02) million, with net revenue rising 5.3% to $23.32 million. Despite these improvements, cash and short-term investments decreased, partly due to substantial share repurchases totaling $20.73 million in the first half of the year, and the company incurred $0.5 million in restructuring expenses.
Key Highlights
- Q2 2026 Net Loss: $(1.02) million, a 76.3% improvement from $(4.31) million in Q2 2025.
- Q2 2026 Net Revenue: $23.32 million, up 5.3% from $22.14 million in Q2 2025.
- H1 2026 Net Loss: $(3.20) million, a 64.9% improvement from $(9.12) million in H1 2025.
- H1 2026 Net Cash Used in Operating Activities: $(3.70) million, an improvement from $(5.24) million in H1 2025.
- H1 2026 Share Repurchases: $20.73 million, significantly up from $1.79 million in H1 2025.
- Cash & Cash Equivalents: $18.87 million as of June 30, 2026, down from $22.88 million at Dec 31, 2025.
- Restructuring Expenses: $0.5 million incurred in H1 2026 for operational and cost efficiency.
Price Impact
More from DIBS