Luxury goods etailer 1stdibs Q3 loss narrows due to cost management

Reuters

Nov 07

Luxury goods etailer 1stdibs Q3 loss narrows due to cost management

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.)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2581075960"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2581075960\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2581075960?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-07 20:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2581075960","market":"us","top_or_hot":-1,"title":"Luxury goods etailer 1stdibs Q3 loss narrows due to cost management","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Luxury goods etailer 1stdibs Q3 loss narrows due to cost management</title></head><body><p><span>Overview</span></p><ul><li><p>1stdibs Q3 revenue rises 4% yr/yr, beating analyst expectations</p></li><li><p>Company reports Q3 net loss of $3.5 mln, improved from $5.7 mln loss last year</p></li><li><p>Gross margin improves to 74.3% from 71.0% in Q3 2024</p></li><li><p>Board previously authorizes $12 mln share repurchase program</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company expects Q4 2025 GMV between $90 mln and $96 mln</p></li><li><p>1stdibs.com forecasts Q4 2025 net revenue of $22.3 mln to $23.5 mln</p></li><li><p>Company anticipates Q4 2025 Adjusted EBITDA margin of 2% to 5%</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>STRATEGIC REALIGNMENT - CEO David Rosenblatt attributes improved Adjusted EBITDA margin to major strategic realignment and structural changes</p></li><li><p>COST MANAGEMENT - CFO Tom Etergino cites disciplined cost management and operating rigor as key to improved financial results</p></li><li><p>MARKETING EFFICIENCY - Improved marketing efficiency contributed to better-than-expected Adjusted EBITDA, according to CFO Tom Etergino</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Revenue</p></td><td><p>Beat</p></td><td><p>$22 mln</p></td><td><p>$21.50 mln (1 Analyst)</p></td></tr><tr><td><p>Q3 Net Income</p></td><td></td><td><p>-$3.50 mln</p></td><td></td></tr><tr><td><p>Q3 Gross Margin</p></td><td></td><td><p>74.30%</p></td><td></td></tr><tr><td><p>Q3 Gross Profit</p></td><td></td><td><p>$16.30 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The one available analyst rating on the shares is \"strong buy\"</p></li><li><p>The average consensus recommendation for the online services peer group is \"buy.\"</p></li></ul><p>Press Release: <span>ID:nBw89tXj1a</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Luxury goods etailer 1stdibs Q3 loss narrows due to cost management</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4220","symbol_name":"综合零售","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251107:nL1N3WJ0GT:1","article_id":"2581075960","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581075960","pubTimestamp":1762517268,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Luxury goods etailer 1stdibs Q3 loss narrows due to cost managementOverview1stdibs Q3 revenue rises 4% yr/yr, beating analyst expectationsCompany reports Q3 net loss of $3.5 mln, improved from $5.7 ml","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4220":"综合零售","BK4122":"互联网与直销零售","DIBS":"1stdibs.com Inc.","BK4539":"次新股"},"translate_title":"奢侈品电子零售商1stdibs第三季度亏损因成本管理而收窄","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DIBS":0.9},"content_text":"Luxury goods etailer 1stdibs Q3 loss narrows due to cost managementOverview1stdibs Q3 revenue rises 4% yr/yr, beating analyst expectationsCompany reports Q3 net loss of $3.5 mln, improved from $5.7 mln loss last yearGross margin improves to 74.3% from 71.0% in Q3 2024Board previously authorizes $12 mln share repurchase programOutlookCompany expects Q4 2025 GMV between $90 mln and $96 mln1stdibs.com forecasts Q4 2025 net revenue of $22.3 mln to $23.5 mlnCompany anticipates Q4 2025 Adjusted EBITDA margin of 2% to 5%Result DriversSTRATEGIC REALIGNMENT - CEO David Rosenblatt attributes improved Adjusted EBITDA margin to major strategic realignment and structural changesCOST MANAGEMENT - CFO Tom Etergino cites disciplined cost management and operating rigor as key to improved financial resultsMARKETING EFFICIENCY - Improved marketing efficiency contributed to better-than-expected Adjusted EBITDA, according to CFO Tom EterginoKey DetailsMetricBeat/MissActualConsensus EstimateQ3 RevenueBeat$22 mln$21.50 mln (1 Analyst)Q3 Net Income-$3.50 mlnQ3 Gross Margin74.30%Q3 Gross Profit$16.30 mlnAnalyst CoverageThe 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:nBw89tXj1aFor 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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}