📊 DIBS Key Takeaways
Investment Thesis
1stdibs.com operates with strong gross margins (73%) but is significantly unprofitable with negative operating margins (-21.2%) and negative net income (-$13.7M). Deteriorating cash flow generation (negative FCF of -$3.2M) despite modest revenue growth (+1.5% YoY) indicates the company is not yet achieving sustainable unit economics or operational efficiency.
DIBS Strengths
- Exceptional gross margin of 73% demonstrates strong pricing power and product quality perception
- Strong balance sheet with zero long-term debt and adequate liquidity (current ratio 4.20x)
- Modest revenue growth of 1.5% YoY shows market demand persistence despite profitability challenges
DIBS Risks
- Persistent operating losses (-$19.0M) and negative net income indicate the business model is not yet profitable at scale
- Negative free cash flow (-$3.2M) means the company is burning cash despite positive revenue, unsustainable long-term
- Negative ROE (-14.6%) and ROA (-10.3%) show poor returns on both equity and assets for shareholders
Key Metrics to Watch
- Path to operating profitability and timing to positive operating income
- Free cash flow trend and when the company achieves positive FCF generation
- Revenue growth acceleration and operating leverage improvement as scale increases
DIBS Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 4.20x current ratio provides a solid financial cushion.
DIBS Profitability Ratios
DIBS vs Consumer Sector
How 1stdibs.com, Inc. compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
DIBS Balance Sheet & Liquidity
DIBS 5-Year Financial Trend
5-Year Trend Summary: 1stdibs.com, Inc.'s revenue has declined by 13% over the 5-year period, indicating business contraction. The most recent EPS of $-0.57 indicates the company is currently unprofitable.
DIBS Growth Metrics (YoY)
DIBS Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $21.2M | -$3.5M | $-0.10 |
| Q2 2025 | $22.1M | -$4.3M | $-0.12 |
| Q1 2025 | $22.1M | -$3.3M | $-0.08 |
| Q3 2024 | $20.7M | -$3.3M | $-0.08 |
| Q2 2024 | $20.9M | -$4.4M | $-0.12 |
| Q1 2024 | $22.1M | -$3.3M | $-0.08 |
| Q3 2023 | $20.7M | -$3.3M | $-0.08 |
| Q2 2023 | $20.9M | -$289.0K | $-0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
DIBS Capital Allocation
DIBS SEC Filings
Access official SEC EDGAR filings for 1stdibs.com, Inc. (CIK: 0001600641)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773791807.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773791794.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773791777.xml | View → |
| Mar 11, 2026 | 4 | xslF345X05/wk-form4_1773273976.xml | View → |
| Mar 11, 2026 | 4 | xslF345X05/wk-form4_1773273956.xml | View → |
❓ Frequently Asked Questions about DIBS
What is the AI rating for DIBS?
1stdibs.com, Inc. (DIBS) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are DIBS's key strengths?
Claude: Exceptional gross margin of 73% demonstrates strong pricing power and product quality perception. Strong balance sheet with zero long-term debt and adequate liquidity (current ratio 4.20x).
What are the risks of investing in DIBS?
Claude: Persistent operating losses (-$19.0M) and negative net income indicate the business model is not yet profitable at scale. Negative free cash flow (-$3.2M) means the company is burning cash despite positive revenue, unsustainable long-term.
What is DIBS's revenue and growth?
1stdibs.com, Inc. reported revenue of $89.6M.
Does DIBS pay dividends?
1stdibs.com, Inc. does not currently pay dividends.
Where can I find DIBS SEC filings?
Official SEC filings for 1stdibs.com, Inc. (CIK: 0001600641) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is DIBS's EPS?
1stdibs.com, Inc. has a diluted EPS of $-0.38.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.