1stdibs.com, Inc.

1stdibs.com, Inc. announced that its Board of Directors authorized a new share repurchase program, allowing the company to buy back up to $10.0 million of its common stock. The program, effective May 11, 2026, offers flexibility in execution methods, including open market purchases and privately negotiated transactions, and does not have a set expiration date. The company is not obligated to acquire any specific number of shares, with timing and volume subject to market conditions.

1stdibs.com, Inc. announced the results of its Annual Meeting of Stockholders held on May 7, 2026. Stockholders approved the election of two Class II directors, Matthew R. Cohler and Andrew G. Robb, to serve until the 2029 annual meeting. Additionally, the appointment of Ernst & Young LLP as the company's independent auditors for the fiscal year ending December 31, 2026, was ratified.

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.

1stDibs.com, Inc. reported its first quarter 2026 financial results, with net revenue decreasing 1% year-over-year to $22.4 million. Despite declines in GMV, orders, and active buyers, the company significantly reduced its GAAP net loss to $2.2 million and achieved positive non-GAAP Adjusted EBITDA of $0.6 million for the second consecutive quarter. Management expressed confidence in their re-engineered cost base and reiterated their full-year positive Adjusted EBITDA and free cash flow outlook, expecting a return to GMV growth by Q4 2026.