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1stdibs.com (DIBS) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 7, 2025

1stdibs.com (DIBS) reported revenue of $22.0M for the third quarter 2025 (Q3 2025), +4% from a year earlier and -0.7% from the quarter before. Operating margin was -21.3%, net loss $3.5M (16.0% of revenue).

Revenue$22.0M
Year over year+4%
Quarter over quarter-0.7%
Operating margin-21.3%
Net earnings−$3.5M

1stdibs.com, Q3 2025: revenue $22.0M (+4% year over year), operating margin -21.3%, net loss $3.5M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$22.0M-0.7%+4%
Operating profit−$4.7M——
Net earnings−$3.5M——
Operating cash flow−$1.5M——

What changed

Revenue was $22.0M in Q3 2025, up 4% year over year and down 1% from the previous quarter. Seller marketplace services was the largest line at 99% of revenue. Seller marketplace services added $730K year over year (up 3%), 93% of the total change.

Gross margin was 74.3%, up 3.4 points from a year earlier. Operating costs exceeded revenue by $4.7M, an operating margin of -21.3%. Operating expenses fell 6% while revenue rose 4%. The quarter ended with a net loss of $3.5M, narrower than the previous quarter's $4.3M loss. Non-operating items added $1.2M, -36% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$1.5M. Non-cash charges added back $392K of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items used $1.6M. Capital expenditures of $25K exceeded it, leaving free cash flow of −$1.5M.

Questions

What was 1stdibs.com's revenue in the third quarter 2025?

1stdibs.com (DIBS) reported revenue of $22.0M for the third quarter 2025 (Q3 2025), +4% from a year earlier and -0.7% from the quarter before.

Was 1stdibs.com profitable in the third quarter 2025?

Operating loss was $4.7M (-21.3% of revenue) and net loss $3.5M.

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Source: 1stdibs.com 10-Q on SEC EDGAR.