1stdibs.com reported third quarter 2026 revenue that exceeded analyst estimates, supported by the first year-over-year increase in order volume since late 2024. The company achieved its fourth consecutive quarter of positive adjusted EBITDA while navigating a challenging luxury home-furnishings market.
Key Highlights
- Gross Merchandise Value (GMV) grew 4% year-over-year to $92.6 million, exceeding the midpoint of management's prior guidance of $89 million to $94 million.
- Total orders increased 1% year-over-year to approximately 32,000, despite an 8% decline in the active buyer base to 58,000.
- Adjusted EBITDA reached $1.0 million with a 4.5% margin, a significant improvement from the $(0.2) million loss reported in the third quarter of 2025.
- The company announced that Bradford Shellhammer will succeed David Rosenblatt as CEO effective January 1, 2027, and authorized a new $5.0 million share repurchase program.