1stdibs.com, Inc. DIBS
We are one of the world's leading online marketplaces for connecting design lovers with many of the best sellers and makers of vintage, antique, and contemporary furniture, home décor, jewelry, watches, art, and fashion. We believe we are a leading online marketplace for these luxury design items based on the aggregate number of listings on our online marketplace and our Gross Merchandise Value ("GMV"). Our sellers, who undergo an evaluation by our in-house experts to vet the quality of their inventory, in-depth marketing content, and custom-built technology platform create trust in our brand and facilitate high-consideration purchases of luxury design items online. By disrupting the way these items are bought and sold, we are both expanding access to, and growing the market for, luxury design.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $89.6M | $88.3M | $84.7M | $96.8M | $102.7M | $81.9M | $70.6M | — |
| Cost of revenue | $24.2M | $24.8M | $25.1M | $29.7M | $32.2M | $25.9M | $23.7M | — |
| Gross profit | $65.4M | $63.4M | $59.6M | $67.2M | $70.6M | $55.9M | $46.8M | — |
| R&D | $23.4M | $21.2M | $21.6M | $24.4M | $19.1M | $16.5M | $15.2M | — |
| SG&A | $26.9M | $27.4M | $28.6M | $27.6M | $21.3M | $12.6M | $15.2M | — |
| Total operating expenses | $84.4M | $89.6M | $90.6M | $93.1M | $93.0M | $69.4M | $78.0M | — |
| Operating income | -$19.0M | -$26.2M | -$31.0M | -$25.9M | -$22.4M | -$13.5M | -$31.2M | — |
| Interest expense | — | $0 | $0 | $11.0K | $16.0K | $14.0K | $536.0K | — |
| Pre-tax income | -$13.6M | -$18.6M | -$22.7M | -$22.5M | -$20.9M | -$12.5M | -$30.3M | — |
| Income tax | $98.0K | $44.0K | $14.0K | $37.0K | $21.0K | $11.0K | $409.0K | — |
| Net income | -$13.7M | -$18.6M | -$22.7M | -$22.5M | -$21.0M | -$12.5M | -$29.9M | — |
| EPS, basic | -0.38 | -0.49 | -0.57 | -0.59 | -1.08 | -2.50 | -4.05 | — |
| EPS, diluted | -0.38 | -0.49 | -0.57 | -0.59 | -1.08 | -2.50 | -4.05 | — |
| Shares, diluted (wtd. avg.) | $36.1M | $37.8M | $39.7M | $38.5M | $26.1M | $11.0M | $10.8M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $22.9M | $26.0M | $37.4M | $158.0M | $171.6M | $58.2M | $58.8M | $24.6M |
| Receivables | $422.0K | $490.0K | $643.0K | $972.0K | $701.0K | $887.0K | — | — |
| Total current assets | $102.3M | $111.9M | $147.9M | $162.5M | $175.9M | $64.1M | — | — |
| Property, plant and equipment | $2.7M | $3.6M | $3.4M | $3.7M | $4.5M | $5.1M | — | — |
| Goodwill | $4.3M | $4.2M | $4.1M | $4.1M | $7.2M | $7.2M | $7.2M | — |
| Other intangibles | — | — | — | $3.0K | $1.2M | $1.4M | — | — |
| Total assets | $132.1M | $145.8M | $180.8M | $195.8M | $192.3M | $81.3M | — | — |
| Accounts payable | $1.8M | $2.2M | $3.6M | $2.9M | $4.7M | $4.5M | — | — |
| Total current liabilities | $24.4M | $28.5M | $27.7M | $26.1M | $32.2M | $23.4M | — | — |
| Total liabilities | $38.5M | $46.5M | $46.5M | $47.8M | $34.8M | $26.8M | — | — |
| Retained earnings | -$346.0M | -$332.4M | -$313.7M | -$291.0M | -$268.5M | -$243.9M | — | — |
| Total equity | $93.6M | $99.3M | $134.3M | $148.0M | $157.4M | -$243.9M | -$219.2M | -$178.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2.4M | -$2.9M | -$13.6M | -$27.9M | -$4.4M | -$3.4M | -$18.5M | — |
| Depreciation and amortisation | $1.7M | $2.0M | $2.3M | $2.7M | $3.1M | $6.0M | $5.2M | — |
| Stock-based compensation | $14.1M | $14.8M | $12.4M | $11.2M | $2.8M | $846.0K | $1.1M | — |
| Capital expenditure | $763.0K | $1.9M | $1.8M | $93.0K | $129.0K | $44.0K | $1.9M | — |
| Investing cash flow | $5.5M | $22.3M | -$100.2M | $12.6M | -$2.3M | $1.3M | -$8.4M | — |
| Financing cash flow | -$6.4M | -$30.7M | -$3.6M | $2.0M | $120.0M | $1.6M | $61.0M | — |
| Buybacks | $3.4M | $27.7M | $3.4M | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001600641-26-000007.
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