1stdibs Reports Q3 2025 Earnings: Revenue at High End of Guidance, Adjusted EBITDA Margins at Negative 1%, and Plans to Generate Positive Adjusted EBITDA in Q4 and for FY26.

1stdibs (DIBS) Q3 2025 earnings call transcript highlights a breakthrough quarter for efficiency and execution. The company delivered revenue and GMV at the high end of guidance and achieved an adjusted EBITDA margin of negative 1%, a 13 percentage point improvement YoY. 1stdibs expects positive adjusted EBITDA in Q4 and FY26 and has authorized a $12 million share repurchase program. The company achieved a net headcount reduction, new performance marketing efficiencies, and other cost savings totaling $7 million annually while growing its product development capacity.