Filing Flows › 1stdibs.com (DIBS) › Q2 2025
1stdibs.com (DIBS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
1stdibs.com (DIBS) reported revenue of $22.1M for the second quarter 2025 (Q2 2025), -0.4% from a year earlier and -2% from the quarter before. Operating margin was -25.8%, net loss $4.3M (19.5% of revenue).
1stdibs.com, Q2 2025: revenue $22.1M (-0.4% year over year), operating margin -25.8%, net loss $4.3M, operating cash flow −$5.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.1M | -2% | -0.4% |
| Operating profit | −$5.7M | — | — |
| Net earnings | −$4.3M | — | — |
| Operating cash flow | −$5.1M | — | — |
What changed
Revenue was $22.1M in Q2 2025, roughly flat year over year and down 2% from the previous quarter. Seller marketplace services was the largest line at 99% of revenue. Seller marketplace services lost $81K year over year (roughly flat), 81% of the total change.
Gross margin was 71.8%, up 0.1 points from a year earlier. Operating costs exceeded revenue by $5.7M, an operating margin of -25.8%. Operating expenses fell 4% while revenue was flat. The fastest-growing cost line was Other operating costs (+17%). The quarter ended with a net loss of $4.3M, narrower than the previous quarter's $4.8M loss. Non-operating items added $1.4M, -33% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.1M. Non-cash charges added back $423K of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items used $4.8M. Capital expenditures of $36K exceeded it, leaving free cash flow of −$5.2M.
Questions
What was 1stdibs.com's revenue in the second quarter 2025?
1stdibs.com (DIBS) reported revenue of $22.1M for the second quarter 2025 (Q2 2025), -0.4% from a year earlier and -2% from the quarter before.
Was 1stdibs.com profitable in the second quarter 2025?
Operating loss was $5.7M (-25.8% of revenue) and net loss $4.3M.
Source: 1stdibs.com 10-Q on SEC EDGAR.