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DIBS (1stdibs.com) Gross Margin % : 70.96% (As of Sep. 2024)


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What is 1stdibs.com Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. 1stdibs.com's Gross Profit for the three months ended in Sep. 2024 was $15.04 Mil. 1stdibs.com's Revenue for the three months ended in Sep. 2024 was $21.19 Mil. Therefore, 1stdibs.com's Gross Margin % for the quarter that ended in Sep. 2024 was 70.96%.


The historical rank and industry rank for 1stdibs.com's Gross Margin % or its related term are showing as below:

DIBS' s Gross Margin % Range Over the Past 10 Years
Min: 66.39   Med: 68.69   Max: 71.66
Current: 71.66


During the past 5 years, the highest Gross Margin % of 1stdibs.com was 71.66%. The lowest was 66.39%. And the median was 68.69%.

DIBS's Gross Margin % is ranked better than
93.97% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.85 vs DIBS: 71.66

1stdibs.com had a gross margin of 70.96% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for 1stdibs.com was 0.00% per year.


1stdibs.com Gross Margin % Historical Data

The historical data trend for 1stdibs.com's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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1stdibs.com Gross Margin % Chart

1stdibs.com Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
66.39 68.30 68.69 69.36 70.35

1stdibs.com Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.33 71.48 72.46 71.71 70.96

Competitive Comparison of 1stdibs.com's Gross Margin %

For the Internet Retail subindustry, 1stdibs.com's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


1stdibs.com's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 1stdibs.com's Gross Margin % distribution charts can be found below:

* The bar in red indicates where 1stdibs.com's Gross Margin % falls into.



1stdibs.com Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

1stdibs.com's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=59.6 / 84.684
=(Revenue - Cost of Goods Sold) / Revenue
=(84.684 - 25.111) / 84.684
=70.35 %

1stdibs.com's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=15 / 21.19
=(Revenue - Cost of Goods Sold) / Revenue
=(21.19 - 6.154) / 21.19
=70.96 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


1stdibs.com  (NAS:DIBS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

1stdibs.com had a gross margin of 70.96% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


1stdibs.com Gross Margin % Related Terms

Thank you for viewing the detailed overview of 1stdibs.com's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


1stdibs.com Business Description

Traded in Other Exchanges
N/A
Address
300 Park Avenue South, 10th Floor, New York, NY, USA, 10010
1stdibs.com Inc is an online marketplace for connecting design lovers with the sellers and makers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. The company's single reportable and operating segment contains two reporting units; 1stDibs, which consists of the company's online marketplace that enables commerce between sellers and buyers; and Design Manager, which is the company's separate online platform that is used to sell a software solution to interior designers. It generates revenue primarily from fees from seller marketplace services as well as other services, including advertisements and software services.
Executives
Matthew Rubinger officer: Chief Commercial Officer 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Thomas J Etergino officer: Chief Financial Officer 6033 SCHUMACHER PARK DRIVE, WEST CHESTER OH 45069
Insight Holdings Group, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
Nancy Hood officer: Chief Marketing Officer C/O MARRONE BIO INNOVATIONS, INC., 1540 DREW AVENUE, DAVIS CA 95618
David S Rosenblatt director, officer: Chief Executive Officer C/O DOUBLECLICK INC.,, 111 EIGHTH AVENUE, NEW YORK NY 10011
Alison K. Lipman officer: Chief People Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Melanie F Goins officer: General Counsel and Secretary 136 HYDE STREET, NEWTON HIGHLANDS MA 02461
Carol Lattouf officer: SVP Operations 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Ross A. Paul officer: Chief Technology Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Ryan Beauchamp officer: Chief Product Officer 51 ASTOR PLACE, 3RD FL, NEW YORK NY 10003
Xiaodi T. Zhang officer: Chief Product Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Sarah Liebel officer: Chief Revenue Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Tu Nguyen officer: Chief Financial Officer 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Andrew George Robb director 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Lori A Hickok director