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Side-by-side financial comparison of First Foundation Inc. (FFWM) and ThredUp Inc. (TDUP). Click either name above to swap in a different company.
ThredUp Inc. is the larger business by last-quarter revenue ($79.7M vs $48.4M, roughly 1.6× First Foundation Inc.). ThredUp Inc. runs the higher net margin — -7.0% vs -97.9%, a 90.9% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 18.5%). ThredUp Inc. produced more free cash flow last quarter ($-3.2M vs $-35.2M). Over the past eight quarters, ThredUp Inc.'s revenue compounded faster (11.1% CAGR vs -2.7%).
John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.
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.
FFWM vs TDUP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $48.4M | $79.7M |
| Net Profit | $-8.0M | $-5.6M |
| Gross Margin | — | 79.6% |
| Operating Margin | -97.5% | -8.4% |
| Net Margin | -97.9% | -7.0% |
| Revenue YoY | 421.7% | 18.5% |
| Net Profit YoY | 43.0% | 74.3% |
| EPS (diluted) | $-0.09 | $-0.06 |
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.
| Q4 25 | $48.4M | $79.7M | ||
| Q3 25 | $63.6M | $82.2M | ||
| Q2 25 | $51.4M | $77.7M | ||
| Q1 25 | $71.4M | $71.3M | ||
| Q4 24 | $9.3M | $67.3M | ||
| Q3 24 | $9.2M | $61.5M | ||
| Q2 24 | $57.5M | $66.7M | ||
| Q1 24 | $51.1M | $64.5M |
| Q4 25 | $-8.0M | $-5.6M | ||
| Q3 25 | $-146.3M | $-4.2M | ||
| Q2 25 | $-7.7M | $-5.2M | ||
| Q1 25 | $6.9M | $-5.2M | ||
| Q4 24 | $-14.1M | $-21.7M | ||
| Q3 24 | $-82.2M | $-24.8M | ||
| Q2 24 | $3.1M | $-14.0M | ||
| Q1 24 | $793.0K | $-16.6M |
| Q4 25 | — | 79.6% | ||
| Q3 25 | — | 79.4% | ||
| Q2 25 | — | 79.5% | ||
| Q1 25 | — | 79.1% | ||
| Q4 24 | — | 80.4% | ||
| Q3 24 | — | 79.3% | ||
| Q2 24 | — | 78.8% | ||
| Q1 24 | — | 80.1% |
| Q4 25 | -97.5% | -8.4% | ||
| Q3 25 | -92.7% | -5.3% | ||
| Q2 25 | -21.1% | -6.8% | ||
| Q1 25 | 8.8% | -7.6% | ||
| Q4 24 | -247.7% | -12.1% | ||
| Q3 24 | -1276.7% | -17.0% | ||
| Q2 24 | 4.6% | -14.4% | ||
| Q1 24 | -0.2% | -19.2% |
| Q4 25 | -97.9% | -7.0% | ||
| Q3 25 | -230.1% | -5.2% | ||
| Q2 25 | -15.0% | -6.7% | ||
| Q1 25 | 9.7% | -7.3% | ||
| Q4 24 | -152.2% | -32.3% | ||
| Q3 24 | -896.9% | -40.3% | ||
| Q2 24 | 5.4% | -20.9% | ||
| Q1 24 | 1.6% | -25.7% |
| Q4 25 | $-0.09 | $-0.06 | ||
| Q3 25 | $-1.78 | $-0.03 | ||
| Q2 25 | $-0.09 | $-0.04 | ||
| Q1 25 | $0.08 | $-0.04 | ||
| Q4 24 | $-0.24 | $-0.19 | ||
| Q3 24 | $-1.23 | $-0.22 | ||
| Q2 24 | $0.05 | $-0.13 | ||
| Q1 24 | $0.01 | $-0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $38.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $912.6M | $59.2M |
| Total Assets | $11.9B | $167.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $38.6M | ||
| Q3 25 | $1.7B | $46.2M | ||
| Q2 25 | $1.1B | $41.0M | ||
| Q1 25 | $1.0B | $41.1M | ||
| Q4 24 | $1.0B | $31.9M | ||
| Q3 24 | $1.1B | $43.7M | ||
| Q2 24 | $1.4B | $44.8M | ||
| Q1 24 | $1.6B | $50.1M |
| Q4 25 | $912.6M | $59.2M | ||
| Q3 25 | $917.9M | $59.1M | ||
| Q2 25 | $1.1B | $60.2M | ||
| Q1 25 | $1.1B | $56.1M | ||
| Q4 24 | $1.1B | $56.3M | ||
| Q3 24 | $1.1B | $69.3M | ||
| Q2 24 | $933.2M | $86.5M | ||
| Q1 24 | $928.7M | $93.5M |
| Q4 25 | $11.9B | $167.2M | ||
| Q3 25 | $11.9B | $172.5M | ||
| Q2 25 | $11.6B | $173.6M | ||
| Q1 25 | $12.6B | $172.5M | ||
| Q4 24 | $12.6B | $171.2M | ||
| Q3 24 | $13.4B | $214.9M | ||
| Q2 24 | $13.7B | $231.2M | ||
| Q1 24 | $13.6B | $244.3M |
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 | $-31.9M | $-1.5M |
| Free Cash FlowOCF − Capex | $-35.2M | $-3.2M |
| FCF MarginFCF / Revenue | -72.8% | -4.0% |
| Capex IntensityCapex / Revenue | 6.9% | 2.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-45.9M | $180.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-31.9M | $-1.5M | ||
| Q3 25 | $9.2M | $6.0M | ||
| Q2 25 | $-16.3M | $344.0K | ||
| Q1 25 | $-552.0K | $5.7M | ||
| Q4 24 | $-8.7M | $663.0K | ||
| Q3 24 | $14.2M | $3.3M | ||
| Q2 24 | $-9.1M | $-5.0M | ||
| Q1 24 | $7.2M | $1.4M |
| Q4 25 | $-35.2M | $-3.2M | ||
| Q3 25 | $8.6M | $2.4M | ||
| Q2 25 | $-16.7M | $-2.9M | ||
| Q1 25 | $-2.5M | $3.9M | ||
| Q4 24 | $-11.4M | $-1.8M | ||
| Q3 24 | $13.4M | $1.2M | ||
| Q2 24 | $-9.4M | $-5.8M | ||
| Q1 24 | $5.9M | $267.0K |
| Q4 25 | -72.8% | -4.0% | ||
| Q3 25 | 13.5% | 2.9% | ||
| Q2 25 | -32.4% | -3.8% | ||
| Q1 25 | -3.5% | 5.5% | ||
| Q4 24 | -123.5% | -2.7% | ||
| Q3 24 | 146.2% | 2.0% | ||
| Q2 24 | -16.3% | -8.7% | ||
| Q1 24 | 11.6% | 0.4% |
| Q4 25 | 6.9% | 2.2% | ||
| Q3 25 | 1.0% | 4.4% | ||
| Q2 25 | 0.8% | 4.2% | ||
| Q1 25 | 2.8% | 2.5% | ||
| Q4 24 | 29.4% | 3.7% | ||
| Q3 24 | 9.0% | 3.5% | ||
| Q2 24 | 0.4% | 1.3% | ||
| Q1 24 | 2.5% | 1.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -2.96× | — | ||
| Q1 24 | 9.09× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
