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Side-by-side financial comparison of LXP Industrial Trust (LXP) and ThredUp Inc. (TDUP). Click either name above to swap in a different company.
LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $79.7M, roughly 1.1× ThredUp Inc.). LXP Industrial Trust runs the higher net margin — 33.2% vs -7.0%, a 40.2% gap on every dollar of revenue. On growth, ThredUp Inc. posted the faster year-over-year revenue change (18.5% vs -14.0%). Over the past eight quarters, ThredUp Inc.'s revenue compounded faster (9.3% CAGR vs 0.3%).
LXP Industrial Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality industrial real estate assets, primarily distribution centers, logistics facilities, and light industrial properties across key markets in the United States. Its tenant base covers e-commerce, third-party logistics, and advanced manufacturing sectors, delivering stable long-term returns for its investors.
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.
LXP vs TDUP — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $86.7M | $79.7M |
| Net Profit | $28.8M | $-5.6M |
| Gross Margin | 81.5% | 79.6% |
| Operating Margin | 34.6% | 12.0% |
| Net Margin | 33.2% | -7.0% |
| Revenue YoY | -14.0% | 18.5% |
| Net Profit YoY | — | 72.4% |
| EPS (diluted) | — | — |
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 | — | $79.7M | ||
| Q4 25 | $86.7M | $79.7M | ||
| Q3 25 | $86.9M | $82.2M | ||
| Q2 25 | $87.7M | $77.7M | ||
| Q1 25 | $88.9M | $71.3M | ||
| Q4 24 | $100.9M | $67.3M | ||
| Q3 24 | $85.6M | $61.5M | ||
| Q2 24 | $85.8M | $66.7M |
| Q1 26 | — | $-5.6M | ||
| Q4 25 | $28.8M | $-5.6M | ||
| Q3 25 | $36.3M | $-4.2M | ||
| Q2 25 | $29.1M | $-5.2M | ||
| Q1 25 | $19.0M | $-5.2M | ||
| Q4 24 | — | $-21.7M | ||
| Q3 24 | $6.3M | $-24.8M | ||
| Q2 24 | $5.4M | $-14.0M |
| Q1 26 | — | 79.6% | ||
| Q4 25 | 81.5% | 79.6% | ||
| Q3 25 | 82.3% | 79.4% | ||
| Q2 25 | 81.9% | 79.5% | ||
| Q1 25 | 80.7% | 79.1% | ||
| Q4 24 | 85.3% | 80.4% | ||
| Q3 24 | 82.5% | 79.3% | ||
| Q2 24 | 82.0% | 78.8% |
| Q1 26 | — | 12.0% | ||
| Q4 25 | 34.6% | -8.4% | ||
| Q3 25 | 50.4% | -5.3% | ||
| Q2 25 | 33.7% | -6.8% | ||
| Q1 25 | 21.8% | -7.6% | ||
| Q4 24 | — | -12.1% | ||
| Q3 24 | 7.9% | -17.0% | ||
| Q2 24 | 6.9% | -14.4% |
| Q1 26 | — | -7.0% | ||
| Q4 25 | 33.2% | -7.0% | ||
| Q3 25 | 41.7% | -5.2% | ||
| Q2 25 | 33.2% | -6.7% | ||
| Q1 25 | 21.4% | -7.3% | ||
| Q4 24 | — | -32.3% | ||
| Q3 24 | 7.4% | -40.3% | ||
| Q2 24 | 6.3% | -20.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.06 | ||
| Q3 25 | $0.12 | $-0.03 | ||
| Q2 25 | $0.09 | $-0.04 | ||
| Q1 25 | $0.06 | $-0.04 | ||
| Q4 24 | — | $-0.19 | ||
| Q3 24 | $0.02 | $-0.22 | ||
| Q2 24 | $0.01 | $-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 | $170.4M | $38.6M |
| Total DebtLower is stronger | $1.4B | $18.2M |
| Stockholders' EquityBook value | $2.0B | $59.2M |
| Total Assets | $3.5B | $167.2M |
| Debt / EquityLower = less leverage | 0.66× | 0.31× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $38.6M | ||
| Q4 25 | $170.4M | $38.6M | ||
| Q3 25 | $229.7M | $46.2M | ||
| Q2 25 | $71.0M | $41.0M | ||
| Q1 25 | $70.9M | $41.1M | ||
| Q4 24 | $101.8M | $31.9M | ||
| Q3 24 | $55.0M | $43.7M | ||
| Q2 24 | $48.7M | $44.8M |
| Q1 26 | — | $18.2M | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $59.2M | ||
| Q4 25 | $2.0B | $59.2M | ||
| Q3 25 | $2.1B | $59.1M | ||
| Q2 25 | $2.1B | $60.2M | ||
| Q1 25 | $2.1B | $56.1M | ||
| Q4 24 | $2.1B | $56.3M | ||
| Q3 24 | $2.1B | $69.3M | ||
| Q2 24 | $2.1B | $86.5M |
| Q1 26 | — | $167.2M | ||
| Q4 25 | $3.5B | $167.2M | ||
| Q3 25 | $3.7B | $172.5M | ||
| Q2 25 | $3.7B | $173.6M | ||
| Q1 25 | $3.8B | $172.5M | ||
| Q4 24 | $3.8B | $171.2M | ||
| Q3 24 | $3.9B | $214.9M | ||
| Q2 24 | $3.9B | $231.2M |
| Q1 26 | — | 0.31× | ||
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.73× | — | ||
| Q4 24 | 0.75× | — | ||
| 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 | $188.7M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 6.56× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $188.7M | $-1.5M | ||
| Q3 25 | $63.5M | $6.0M | ||
| Q2 25 | $44.3M | $344.0K | ||
| Q1 25 | $39.0M | $5.7M | ||
| Q4 24 | $211.2M | $663.0K | ||
| Q3 24 | $64.6M | $3.3M | ||
| Q2 24 | $38.5M | $-5.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-3.2M | ||
| Q3 25 | — | $2.4M | ||
| Q2 25 | — | $-2.9M | ||
| Q1 25 | — | $3.9M | ||
| Q4 24 | — | $-1.8M | ||
| Q3 24 | — | $1.2M | ||
| Q2 24 | — | $-5.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | -4.0% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | -3.8% | ||
| Q1 25 | — | 5.5% | ||
| Q4 24 | — | -2.7% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | -8.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 4.4% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 3.5% | ||
| Q2 24 | — | 1.3% |
| Q1 26 | — | — | ||
| Q4 25 | 6.56× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 2.05× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.18× | — | ||
| Q2 24 | 7.09× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
