1stDibs Q2 Revenue Beats, Adjusted EBITDA Swings to $1.3M Profit
DIBS sits 96% above its 52-week low of $2.503.
Summary
1stDibs delivered a strong Q2, with revenue of $23.3M beating the high end of guidance and Adjusted EBITDA swinging to a $1.3M profit from a $1.8M loss a year ago. GMV grew 7% to $96M, the fastest growth since late 2024, while gross margin expanded to 73.9%. The company says its leaner cost structure is converting revenue upside directly into margin expansion. Q3 guidance calls for GMV of $89M-$94M and Adjusted EBITDA margin of -1% to 2%, implying continued profitability. This follows the Q1 turnaround and $10M buyback authorization in May, reinforcing the narrative of a sustainable recovery.
At the time of this announcement, DIBS was trading at $4.91 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $154.4M. The 52-week trading range was $2.50 to $6.62. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.