Overview
1stdibs Q3 revenue rises 4% yr/yr, beating analyst expectations
Company reports Q3 net loss of $3.5 mln, improved from $5.7 mln loss last year
Gross margin improves to 74.3% from 71.0% in Q3 2024
Board previously authorizes $12 mln share repurchase program
Outlook
Company expects Q4 2025 GMV between $90 mln and $96 mln
1stdibs.com forecasts Q4 2025 net revenue of $22.3 mln to $23.5 mln
Company anticipates Q4 2025 Adjusted EBITDA margin of 2% to 5%
Result Drivers
STRATEGIC REALIGNMENT - CEO David Rosenblatt attributes improved Adjusted EBITDA margin to major strategic realignment and structural changes
COST MANAGEMENT - CFO Tom Etergino cites disciplined cost management and operating rigor as key to improved financial results
MARKETING EFFICIENCY - Improved marketing efficiency contributed to better-than-expected Adjusted EBITDA, according to CFO Tom Etergino
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $22 mln | $21.50 mln (1 Analyst) |
Q3 Net Income | -$3.50 mln | ||
Q3 Gross Margin | 74.30% | ||
Q3 Gross Profit | $16.30 mln |
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the online services peer group is "buy."
Press Release: ID:nBw89tXj1a
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)