1stDibs, a luxury design marketplace, reported first quarter 2026 net revenue of $22.4 million, down 1% year-over-year, with gross profit rising 2% to $16.7 million. Gross margin improved to 74.4% from 72.4% in the prior year period. The company posted a GAAP net loss of $2.2 million, narrowing from a $4.8 million loss in Q1 2025. Adjusted EBITDA turned positive at $0.6 million with a 2.5% margin, compared to negative $1.7 million in the year-ago quarter. Gross merchandise value declined 5% to $89.7 million, whilst active buyers fell 10% to approximately 58,000. CEO David Rosenblatt said the company expects to return to GMV growth by Q4 2026. 1stDibs held $85.3 million in cash and investments as of 31 March.

1stdibs.com (NASDAQ: DIBS) schedules 2026 virtual meeting and director votes. Filing Impact Filing Sentiment Rhea-AI Filing summary. 1stdibs.com, Inc. is asking stockholders to vote at its 2026 Annual Meeting, a fully virtual event on May 7, 2026 at 1:00 p.m. Eastern Time. Holders of common stock as of March 10, 2026 can attend online and vote using a 16-digit control number. Stockholders are being asked to elect two Class II directors, Matthew R. Cohler and Andrew G. Robb, to serve until the 2029 annual meeting, and to ratify Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026. The company highlights majority voting with a resignation policy for uncontested director elections, a seven-member board with six independent directors, and standard board committees overseeing audit, compensation, governance, and risk. The proxy also describes director and executive pay programs that rely heavily on restricted stock units, equity plans with an evergreen feature, and ownership levels, including Benchmark Capital-affiliated entities holding 20.09% of outstanding common stock as of March 10, 2026. 03/26/2026 - 04:10 PM Faq. What is 1stdibs.com (DIBS) asking stockholders to approve in the 2026 proxy? 1stdibs.com seeks approval to elect two Class II directors through the 2029 annual meeting and to ratify Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026. Routine governance and compensation information is also included. When is the 1stdibs.com (DIBS) 2026 Annual Meeting and who can vote? The 2026 Annual Meeting will be held virtually on May 7, 2026 at 1:00 p.m. Eastern Time. Stockholders of record at the close of business on March 10, 2026 are entitled to receive notice of, and vote at, the meeting and any adjournments. How can 1stdibs.com (DIBS) stockholders attend and vote at the virtual 2026 meeting? Stockholders can attend via live audio webcast at www.virtualshareholdermeeting.com/DIBS2026 using their 16-digit control number. They may vote in advance by Internet, telephone, or mail, or vote electronically during the meeting if properly registered or holding a legal proxy. Who are the director nominees in the 1stdibs.com (DIBS) 2026 proxy statement? The company has nominated Matthew R. Cohler and Andrew G. Robb as Class II directors to serve until the 2029 annual meeting or until successors are duly elected and qualified. Both are independent directors with extensive experience in technology, marketplaces, and online commerce. What auditor is 1stdibs.com (DIBS) proposing to ratify for 2026? The board is asking stockholders to ratify Ernst & Young LLP as 1stdibs.com's independent registered public accounting firm for the year ending December 31, 2026. The proposal is considered a routine item on which brokers may have discretionary voting authority. How much did 1stdibs.com (DIBS) pay its CEO in 2025 according to the proxy? For 2025, Chief Executive Officer David S. Rosenblatt received salary of $500,000, stock awards valued at $2,310,400, and a non-equity incentive cash bonus of $500,000, for total compensation of $3,310,400, reflecting a mix of cash and equity incentives. Who are the largest stockholders of 1stdibs.com (DIBS) listed in the 2026 proxy? As of March 10, 2026, entities affiliated with Benchmark Capital beneficially owned 7,307,832 shares, or 20.09% of common stock. Other large holders include Beck Mack & Oliver LLC-affiliated entities at 9.07%, Kanen Wealth Management-affiliated entities at 5.32%, and Red Apple Group-affiliated entities at 5.15%.

1stdibs, the luxury marketplace for one-of-a-kind items, achieved its first quarter of adjusted EBITDA profitability as a public company in Q4 2025, posting $1.3 million in adjusted EBITDA with a 6% margin—a 1,300 basis point expansion year-over-year. The company reported Q4 GMV of $90.2 million, down 5%, as it deliberately tightened marketing spend to prioritise profitability over growth. Since 2022, 1stdibs has reduced annual operating expenses by 18% and lowered headcount by over 30%. For 2026, the company expects its third consecutive year of revenue growth alongside continued adjusted EBITDA and free cash flow profitability. CEO David Rosenblatt said the company anticipates GMV growth resuming by Q4 2026, driven by AI-powered search, personalisation improvements, and enhanced shipping experiences.