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1stdibs.com (DIBS) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 27, 2026

1stdibs.com (DIBS) reported revenue of $23.0M for the fourth quarter 2025 (Q4 2025), +0.9% from a year earlier and +5% from the quarter before. Operating margin was -10.1%, net loss $1.0M (4.5% of revenue).

Revenue$23.0M
Year over year+0.9%
Quarter over quarter+5%
Operating margin-10.1%
Net earnings−$1.0M

1stdibs.com, Q4 2025: revenue $23.0M (+0.9% year over year), operating margin -10.1%, net loss $1.0M, operating cash flow $4.3M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$23.0M+5%+0.9%
Operating profit−$2.3M——
Net earnings−$1.0M——
Operating cash flow$4.3M—+53%
Free cash flow$4.2M—+64%

What changed

Revenue was $23.0M in Q4 2025, up 1% year over year and up 5% from the previous quarter. Seller marketplace services was the largest line at 98% of revenue.

Gross margin was 73.5%, up 1.2 points from a year earlier. Operating costs exceeded revenue by $2.3M, an operating margin of -10.1%. Operating expenses fell 18% while revenue rose 1%. The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $3.5M loss. Non-operating items added $1.3M, -127% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $4.3M (up 53% year over year). Non-cash charges added back $389K of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $1.7M. After purchases of property and equipment ($86K), free cash flow as the company reports it was $4.2M.

Questions

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

1stdibs.com (DIBS) reported revenue of $23.0M for the fourth quarter 2025 (Q4 2025), +0.9% from a year earlier and +5% from the quarter before.

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

Operating loss was $2.3M (-10.1% of revenue) and net loss $1.0M.

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