vs
Side-by-side financial comparison of C3.ai, Inc. (AI) and ThredUp Inc. (TDUP). Click either name above to swap in a different company.
ThredUp Inc. is the larger business by last-quarter revenue ($81.7M vs $75.1M, roughly 1.1× C3.ai, Inc.). ThredUp Inc. runs the higher net margin — -7.9% vs -139.3%, a 131.4% gap on every dollar of revenue. On growth, ThredUp Inc. posted the faster year-over-year revenue change (14.6% vs -20.3%). Over the past eight quarters, ThredUp Inc.'s revenue compounded faster (10.6% CAGR vs -2.1%).
C3.ai, Inc. is a leading enterprise artificial intelligence software provider that develops and delivers scalable AI applications, platform tools, and industry-specific solutions for clients across sectors including manufacturing, energy, financial services, healthcare and public sector. Its offerings help organizations optimize operations, reduce costs, mitigate risks, and realize data-driven decision making.
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.
AI vs TDUP — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $81.7M |
| Net Profit | $-104.7M | $-6.5M |
| Gross Margin | 40.4% | 79.2% |
| Operating Margin | -149.2% | 12.8% |
| Net Margin | -139.3% | -7.9% |
| Revenue YoY | -20.3% | 14.6% |
| Net Profit YoY | -58.7% | -24.1% |
| EPS (diluted) | $-0.75 | $-0.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $81.7M | ||
| Q4 25 | $75.1M | $79.7M | ||
| Q3 25 | $70.3M | $82.2M | ||
| Q2 25 | $108.7M | $77.7M | ||
| Q1 25 | $98.8M | $71.3M | ||
| Q4 24 | $94.3M | $67.3M | ||
| Q3 24 | $87.2M | $61.5M | ||
| Q2 24 | $86.6M | $66.7M |
| Q1 26 | — | $-6.5M | ||
| Q4 25 | $-104.7M | $-5.6M | ||
| Q3 25 | $-116.8M | $-4.2M | ||
| Q2 25 | $-79.7M | $-5.2M | ||
| Q1 25 | $-80.2M | $-5.2M | ||
| Q4 24 | $-66.0M | $-21.7M | ||
| Q3 24 | $-62.8M | $-24.8M | ||
| Q2 24 | $-72.9M | $-14.0M |
| Q1 26 | — | 79.2% | ||
| Q4 25 | 40.4% | 79.6% | ||
| Q3 25 | 37.6% | 79.4% | ||
| Q2 25 | 62.1% | 79.5% | ||
| Q1 25 | 59.1% | 79.1% | ||
| Q4 24 | 61.3% | 80.4% | ||
| Q3 24 | 59.8% | 79.3% | ||
| Q2 24 | 59.6% | 78.8% |
| Q1 26 | — | 12.8% | ||
| Q4 25 | -149.2% | -8.4% | ||
| Q3 25 | -177.7% | -5.3% | ||
| Q2 25 | -81.8% | -6.8% | ||
| Q1 25 | -88.7% | -7.6% | ||
| Q4 24 | -79.8% | -12.1% | ||
| Q3 24 | -83.2% | -17.0% | ||
| Q2 24 | -95.1% | -14.4% |
| Q1 26 | — | -7.9% | ||
| Q4 25 | -139.3% | -7.0% | ||
| Q3 25 | -166.2% | -5.2% | ||
| Q2 25 | -73.3% | -6.7% | ||
| Q1 25 | -81.2% | -7.3% | ||
| Q4 24 | -69.9% | -32.3% | ||
| Q3 24 | -72.0% | -40.3% | ||
| Q2 24 | -84.2% | -20.9% |
| Q1 26 | — | $-0.05 | ||
| Q4 25 | $-0.75 | $-0.06 | ||
| Q3 25 | $-0.86 | $-0.03 | ||
| Q2 25 | $-0.60 | $-0.04 | ||
| Q1 25 | $-0.62 | $-0.04 | ||
| Q4 24 | $-0.52 | $-0.19 | ||
| Q3 24 | $-0.50 | $-0.22 | ||
| Q2 24 | $-0.59 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $675.0M | $39.0M |
| Total DebtLower is stronger | — | $17.7M |
| Stockholders' EquityBook value | $771.9M | $59.4M |
| Total Assets | $961.3M | $172.4M |
| Debt / EquityLower = less leverage | — | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.0M | ||
| Q4 25 | $675.0M | $38.6M | ||
| Q3 25 | $711.9M | $46.2M | ||
| Q2 25 | $742.7M | $41.0M | ||
| Q1 25 | $724.3M | $41.1M | ||
| Q4 24 | $730.4M | $31.9M | ||
| Q3 24 | $762.5M | $43.7M | ||
| Q2 24 | $750.4M | $44.8M |
| Q1 26 | — | $17.7M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $59.4M | ||
| Q4 25 | $771.9M | $59.2M | ||
| Q3 25 | $798.8M | $59.1M | ||
| Q2 25 | $838.3M | $60.2M | ||
| Q1 25 | $860.2M | $56.1M | ||
| Q4 24 | $859.0M | $56.3M | ||
| Q3 24 | $874.9M | $69.3M | ||
| Q2 24 | $873.4M | $86.5M |
| Q1 26 | — | $172.4M | ||
| Q4 25 | $961.3M | $167.2M | ||
| Q3 25 | $968.7M | $172.5M | ||
| Q2 25 | $1.0B | $173.6M | ||
| Q1 25 | $1.1B | $172.5M | ||
| Q4 24 | $1.0B | $171.2M | ||
| Q3 24 | $1.1B | $214.9M | ||
| Q2 24 | $1.0B | $231.2M |
| Q1 26 | — | 0.30× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-46.5M | $4.8M |
| Free Cash FlowOCF − Capex | $-46.9M | — |
| FCF MarginFCF / Revenue | -62.4% | — |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-93.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $4.8M | ||
| Q4 25 | $-46.5M | $-1.5M | ||
| Q3 25 | $-33.5M | $6.0M | ||
| Q2 25 | $11.3M | $344.0K | ||
| Q1 25 | $-22.0M | $5.7M | ||
| Q4 24 | $-38.7M | $663.0K | ||
| Q3 24 | $8.0M | $3.3M | ||
| Q2 24 | $21.3M | $-5.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-46.9M | $-3.2M | ||
| Q3 25 | $-34.3M | $2.4M | ||
| Q2 25 | $10.3M | $-2.9M | ||
| Q1 25 | $-22.4M | $3.9M | ||
| Q4 24 | $-39.5M | $-1.8M | ||
| Q3 24 | $7.1M | $1.2M | ||
| Q2 24 | $18.8M | $-5.8M |
| Q1 26 | — | — | ||
| Q4 25 | -62.4% | -4.0% | ||
| Q3 25 | -48.8% | 2.9% | ||
| Q2 25 | 9.5% | -3.8% | ||
| Q1 25 | -22.7% | 5.5% | ||
| Q4 24 | -41.9% | -2.7% | ||
| Q3 24 | 8.2% | 2.0% | ||
| Q2 24 | 21.7% | -8.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 2.2% | ||
| Q3 25 | 1.1% | 4.4% | ||
| Q2 25 | 0.9% | 4.2% | ||
| Q1 25 | 0.4% | 2.5% | ||
| Q4 24 | 0.9% | 3.7% | ||
| Q3 24 | 1.1% | 3.5% | ||
| Q2 24 | 2.9% | 1.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AI
| License And Service | $70.2M | 93% |
| Professional Services | $4.9M | 7% |
TDUP
Segment breakdown not available.
