1stdibs.com reported second-quarter results that exceeded its guidance, with gross merchandise value rising 7% year over year to $96 million and revenue increasing 5% to $23.3 million. Adjusted EBITDA reached $1.3 million, or a roughly 6% margin, supported by lower operating expenses and improved conversion and order values. The company raised its full-year GMV outlook and now expects year-over-year GMV growth for 2026, as well as continued revenue growth and positive adjusted EBITDA for the year. Active buyers declined 10% year over year to approximately 57,700, reflecting a deliberate reduction in marketing spending, while cash fell to $67.7 million after share repurchases and an accounting reclassification, making positive free cash flow unlikely for the year.
1Stdibs.Com IncQ2 results exceeded guidance, raised full-year GMV outlook, and positive adjusted EBITDA.
