1stDibs Q2 FY26 GAAP net loss narrows to $1.0 million; revenue rises 5% to $23.3 million - DIBS News | Rallies1stDibs Q2 FY26 GAAP net loss narrows to $1.0 million; revenue rises 5% to $23.3 million
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DIBS• Q2 results and outlook
- 1stDibs posted Q2 net revenue of $23.3 million, up 5% year-over-year; GAAP net loss narrowed to $1.0 million.
- Gross margin rose 2.1 percentage points to 73.9%; non-GAAP adjusted EBITDA swung to $1.3 million with a 5.6% margin.
- GMV increased 7% to $96.0 million, while orders fell 4% to 32,000; active buyers dropped 10% to 58,000.
- CEO David Rosenblatt said GMV beat the high end of guidance and marked the strongest growth rate since late 2024.
- Q3 guidance: GMV of $89.0 million-$94.0 million, net revenue of $22.0 million-$22.9 million; non-GAAP adjusted EBITDA margin of (1)% to 2%.
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