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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:
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%.
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.
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.
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 | 73.33 | 71.48 | 72.46 | 71.71 | 70.96 |
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.
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.
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.
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.
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 |
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