Shareholders' equity has eroded significantly, falling from $134.3M in 2023Q4 to $84.0M in 2026Q1 due to the accumulation of losses that have pushed retained earnings to -$348.2M.
| Total Current Assets | 93.38M | 102.28M | 111.86M | 147.88M | 162.46M | 175.89M | 64.07M | 64.14M |
| Cash & Short-Term Investments | 85.28M | 95.04M | 103.88M | 139.32M | 153.21M | 168.23M | 54.86M | 55.47M |
| Cash Only | 20.32M | 22.88M | 25.96M | 37.4M | 153.21M | 168.23M | 54.86M | 55.47M |
| Short-Term Investments | 64.96M | 72.16M | 77.92M | 101.93M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 647K | 422K | 3.32M | 3.31M | 3.45M | 2.84M | 3.94M | 5.38M |
| Days Sales Outstanding | 6.44 | 1.72 | 13.74 | 14.28 | 12.99 | 10.1 | 17.56 | 27.83 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 7.45M | 6.82M | 1.8M | 2.21M | 2.3M | 867K | 3.67M | 1.88M |
| Total Non-Current Assets | 28.47M | 29.82M | 33.89M | 32.94M | 33.33M | 16.37M | 17.27M | 24.6M |
| Property, Plant & Equipment | 18.29M | 19.4M | 23.29M | 23.04M | 25.68M | 4.46M | 5.14M | 9.13M |
| Fixed Asset Turnover | 4.47x | 4.62x | 3.79x | 3.68x | 3.77x | 23.04x | 15.94x | 7.73x |
| Goodwill | 4.29M | 4.31M | 4.23M | 4.12M | 4.08M | 7.2M | 7.21M | 7.18M |
| Intangible Assets | 0 | 0 | 0 | 0 | 3K | 1.16M | 1.35M | 1.55M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 5.88M | 6.12M | 6.37M | 5.78M | 3.58M | 3.54M | 3.57M | 6.74M |
| Total Assets | 121.85M | 132.11M | 145.76M | 180.81M | 195.8M | 192.25M | 81.34M | 88.74M |
| Asset Turnover | 0.68x | 0.68x | 0.61x | 0.47x | 0.49x | 0.53x | 1.01x | 0.80x |
| Asset Growth % | -48.38% | -9.37% | -19.39% | -7.65% | 1.84% | 136.35% | -8.33% | - |
| Total Current Liabilities | 24.9M | 24.38M | 28.46M | 27.71M | 26.05M | 32.21M | 23.41M | 20.77M |
| Accounts Payable | 952K | 1.76M | 10.83M | 10.1M | 10.09M | 14.95M | 9.04M | 5.86M |
| Days Payables Outstanding | 62.37 | 26.64 | 159.24 | 147.62 | 124.13 | 169.68 | 127.18 | 90.2 |
| Short-Term Debt | 4.52M | 4.45M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 233K | 377K | 318K | 1.4M | 1.66M | 986K |
| Other Current Liabilities | 19.43M | 18.17M | 5.47M | 5.51M | 3.88M | 1.74M | 2.42M | 5.38M |
| Current Ratio | 3.75x | 4.20x | 3.93x | 5.34x | 6.24x | 5.46x | 2.74x | 3.09x |
| Quick Ratio | 3.75x | 4.20x | 3.93x | 5.34x | 6.24x | 5.46x | 2.74x | 3.09x |
| Cash Conversion Cycle | -55.93 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 12.99M | 14.14M | 17.99M | 18.82M | 21.72M | 2.6M | 301.88M | 287.19M |
| Long-Term Debt | 12.99M | 14.14M | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 31.66M | 0 | 17.97M | 18.81M | 21.68M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 4K | 4K | 24K | 6K | 3K | 2.46M | 301.77M | 287.13M |
| Total Liabilities | 37.89M | 38.53M | 46.45M | 46.53M | 47.77M | 34.82M | 325.29M | 307.96M |
| Total Debt | 17.5M | 18.59M | 22.16M | 21.92M | 24.45M | 0 | 0 | 0 |
| Net Debt | -2.82M | -4.29M | -3.81M | -15.48M | -128.76M | -168.23M | -54.86M | -55.47M |
| Debt / Equity | 0.21x | 0.20x | 0.22x | 0.16x | 0.17x | - | - | - |
| Debt / EBITDA | -1.57x | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 0.25x | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | -2044.55x | -1307.88x | -893.07x | -55.46x |
| Total Equity | 83.95M | 93.58M | 99.31M | 134.29M | 148.02M | 157.44M | -243.95M | -219.22M |
| Equity Growth % | -44.93% | -5.76% | -26.05% | -9.28% | -5.98% | 164.54% | -11.28% | - |
| Book Value per Share | 2.33 | 2.59 | 2.63 | 3.38 | 3.85 | 4.14 | -6.51 | -5.85 |
| Total Shareholders' Equity | 83.95M | 93.58M | 99.31M | 134.29M | 148.02M | 157.44M | -243.95M | -219.22M |
| Common Stock | 444K | 441K | 422K | 407K | 393K | 380K | 114K | 109K |
| Retained Earnings | -348.19M | -346.02M | -332.35M | -313.72M | -291.02M | -268.48M | -243.86M | -219.09M |
| Treasury Stock | 0 | 0 | -31.62M | -3.5M | 0 | 0 | 0 | 0 |
| Accumulated OCI | -14K | -153K | -371K | -186K | -356K | -229K | -202K | -245K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Liquidity and capital exhaustion
According to recent SEC filings, 1stdibs.Com has seen total assets decline from $180.8M in 2023Q4 to $121.8M in 2026Q1, a trend that suggests the company is struggling to maintain its operational scale while navigating a persistent environment of negative retained earnings and stagnant top-line growth.
The consistent erosion of the asset base, coupled with a widening deficit in retained earnings, indicates that the business model is currently unable to generate sufficient internal capital to replace its depreciating asset base. Investors should monitor whether this downward trajectory in total assets reflects a strategic downsizing or an inability to sustain the platform's infrastructure.
As reported in financial statements, the company's cash position has fallen from $37.4M in 2023Q4 to $20.3M in 2026Q1, which, when viewed alongside the current burn rate, suggests a tightening liquidity window that may necessitate external financing to support ongoing operations in the near term.
While the current ratio remains above 3.0, the absolute decline in cash reserves is the more critical metric for assessing survival risk. The rapid depletion of liquid assets suggests that the company's reliance on cash to fund operations is outpacing its ability to generate organic liquidity.
Based on reported figures, shareholders' equity has contracted significantly from $134.3M in 2023Q4 to $84.0M in 2026Q1, primarily driven by the accumulation of losses that have pushed retained earnings to a negative $348.2M, signaling a long-term challenge in creating sustainable value for equity holders.
The persistent negative retained earnings suggest that the company has been unable to achieve profitability since its inception, effectively consuming equity to fund its growth strategy. This trend warrants further investigation into whether the current capital structure can support the business without further dilutive equity issuance.
Data from recent balance sheets reveals that net PPE has remained relatively stable despite the broader asset decline, suggesting that the company is prioritizing the maintenance of its physical and technological infrastructure even as its overall financial position weakens, which may limit future flexibility during downturns.
The maintenance of PPE levels while total assets shrink implies that the company is locked into a fixed-cost structure that is difficult to scale down. This rigidity may exacerbate the impact of any further revenue deceleration, as the company lacks the ability to easily shed these capital-intensive assets.
Quick answers to the most common questions about buying DIBS stock.
As of 2025, 1stdibs.Com, Inc. (DIBS) had total assets of $132.1M including $102.3M in current assets.
1stdibs.Com, Inc. (DIBS) carries total debt of $18.6M, offset by $95.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
1stdibs.Com, Inc. (DIBS) has total shareholders' equity (book value) of $93.6M ($2.59 book value per share). Book value represents the net worth of the company belonging to common stock holders.
1stdibs.Com, Inc. (DIBS) reported a current ratio of 4.20x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.