1stdibs saw slight revenue drop in Q3 2025 amid luxury market challenges, though adjusted EBITDA improved.

1stdibs reported mixed financial results for Q3 2025, with revenue declining slightly year-over-year despite a modest increase in active buyers. The company cited ongoing challenges in the luxury marketplace, including reduced consumer spending and inventory shortages. Adjusted EBITDA showed improvement, reflecting cost management efforts. Management expressed cautious optimism, highlighting strategic initiatives to expand its platform and enhance seller engagement. No guidance was provided for the upcoming quarter.