ThredUp Inc.TDUPEarnings & Financial Report
Nasdaq · consignment
ThredUp Inc. is an American company that operates an online resale platform specializing in the sale of second-hand clothing, footwear, and accessories. Founded in 2009 and headquartered in Oakland, California, it has established itself as one of the leading resale fashion marketplaces.
TDUP Q3 2025 Key Financial Metrics
Revenue
$82.2M
Gross Profit
$65.2M
Operating Profit
$-4.4M
Net Profit
$-4.2M
Gross Margin
79.4%
Operating Margin
-5.3%
Net Margin
-5.2%
YoY Growth
12.5%
EPS
$-0.03
Financial Flow
ThredUp Inc. Q3 2025 Financial Summary
ThredUp Inc. reported revenue of $82.2M for Q3 2025, with a net profit of $-4.2M (-5.2% margin). Cost of goods sold was $16.9M, operating expenses totaled $69.6M.
Key Financial Metrics
| Total Revenue | $82.2M |
|---|---|
| Net Profit | $-4.2M |
| Gross Margin | 79.4% |
| Operating Margin | -5.3% |
| Report Period | Q3 2025 |
ThredUp Inc. Annual Revenue by Year
ThredUp Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $260.0M).
| Year | Annual Revenue |
|---|---|
| 2024 | $260.0M |
| 2023 | $322.0M |
| 2022 | $288.4M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $81.4M | $79.6M | $79.8M | $73.0M | $27.7M | $71.3M | $77.7M | $82.2M |
| YoY Growth | 14.1% | 4.8% | -3.5% | -11.0% | -66.0% | -10.4% | -2.6% | 12.5% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $250.0M | $244.3M | $231.2M | $214.9M | $171.2M | $172.5M | $173.6M | $172.5M |
| Liabilities | $146.1M | $150.7M | $144.7M | $145.7M | $114.9M | $116.4M | $113.4M | $113.4M |
| Equity | $103.9M | $93.5M | $86.5M | $69.3M | $56.3M | $56.1M | $60.2M | $59.1M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-8.0M | $1.4M | $-5.0M | $3.3M | $663000 | $5.7M | $344000 | $6.0M |