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Side-by-side financial comparison of PAMT CORP (PAMT) and ThredUp Inc. (TDUP). Click either name above to swap in a different company.
PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $79.7M, roughly 1.8× ThredUp Inc.). ThredUp Inc. runs the higher net margin — -7.0% vs -20.7%, a 13.7% gap on every dollar of revenue. On growth, ThredUp Inc. posted the faster year-over-year revenue change (18.5% vs -15.1%). Over the past eight quarters, ThredUp Inc.'s revenue compounded faster (9.3% CAGR vs -12.0%).
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.
PAMT vs TDUP — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $79.7M |
| Net Profit | $-29.3M | $-5.6M |
| Gross Margin | — | 79.6% |
| Operating Margin | -27.0% | 12.0% |
| Net Margin | -20.7% | -7.0% |
| Revenue YoY | -15.1% | 18.5% |
| Net Profit YoY | 7.4% | 72.4% |
| EPS (diluted) | $-1.38 | — |
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 | $141.3M | $79.7M | ||
| Q3 25 | $150.3M | $82.2M | ||
| Q2 25 | $151.1M | $77.7M | ||
| Q1 25 | $155.3M | $71.3M | ||
| Q4 24 | $166.5M | $67.3M | ||
| Q3 24 | $182.6M | $61.5M | ||
| Q2 24 | $182.9M | $66.7M |
| Q1 26 | — | $-5.6M | ||
| Q4 25 | $-29.3M | $-5.6M | ||
| Q3 25 | $-5.6M | $-4.2M | ||
| Q2 25 | $-9.6M | $-5.2M | ||
| Q1 25 | $-8.1M | $-5.2M | ||
| Q4 24 | $-31.6M | $-21.7M | ||
| Q3 24 | $2.4M | $-24.8M | ||
| Q2 24 | $-2.9M | $-14.0M |
| Q1 26 | — | 79.6% | ||
| 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 26 | — | 12.0% | ||
| Q4 25 | -27.0% | -8.4% | ||
| Q3 25 | -3.8% | -5.3% | ||
| Q2 25 | -7.3% | -6.8% | ||
| Q1 25 | -5.9% | -7.6% | ||
| Q4 24 | -22.6% | -12.1% | ||
| Q3 24 | 1.3% | -17.0% | ||
| Q2 24 | -0.4% | -14.4% |
| Q1 26 | — | -7.0% | ||
| Q4 25 | -20.7% | -7.0% | ||
| Q3 25 | -3.7% | -5.2% | ||
| Q2 25 | -6.4% | -6.7% | ||
| Q1 25 | -5.2% | -7.3% | ||
| Q4 24 | -19.0% | -32.3% | ||
| Q3 24 | 1.3% | -40.3% | ||
| Q2 24 | -1.6% | -20.9% |
| Q1 26 | — | — | ||
| Q4 25 | $-1.38 | $-0.06 | ||
| Q3 25 | $-0.27 | $-0.03 | ||
| Q2 25 | $-0.46 | $-0.04 | ||
| Q1 25 | $-0.37 | $-0.04 | ||
| Q4 24 | $-1.44 | $-0.19 | ||
| Q3 24 | $0.11 | $-0.22 | ||
| Q2 24 | $-0.13 | $-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 | $83.7M | $38.6M |
| Total DebtLower is stronger | $333.9M | $18.2M |
| Stockholders' EquityBook value | $210.5M | $59.2M |
| Total Assets | $697.9M | $167.2M |
| Debt / EquityLower = less leverage | 1.59× | 0.31× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $38.6M | ||
| Q4 25 | $83.7M | $38.6M | ||
| Q3 25 | $115.6M | $46.2M | ||
| Q2 25 | $117.3M | $41.0M | ||
| Q1 25 | $102.7M | $41.1M | ||
| Q4 24 | $110.7M | $31.9M | ||
| Q3 24 | $92.3M | $43.7M | ||
| Q2 24 | $114.0M | $44.8M |
| Q1 26 | — | $18.2M | ||
| Q4 25 | $333.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $325.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $59.2M | ||
| Q4 25 | $210.5M | $59.2M | ||
| Q3 25 | $239.5M | $59.1M | ||
| Q2 25 | $244.9M | $60.2M | ||
| Q1 25 | $269.6M | $56.1M | ||
| Q4 24 | $277.5M | $56.3M | ||
| Q3 24 | $308.9M | $69.3M | ||
| Q2 24 | $306.7M | $86.5M |
| Q1 26 | — | $167.2M | ||
| Q4 25 | $697.9M | $167.2M | ||
| Q3 25 | $715.2M | $172.5M | ||
| Q2 25 | $707.9M | $173.6M | ||
| Q1 25 | $712.6M | $172.5M | ||
| Q4 24 | $741.7M | $171.2M | ||
| Q3 24 | $756.7M | $214.9M | ||
| Q2 24 | $733.5M | $231.2M |
| Q1 26 | — | 0.31× | ||
| Q4 25 | 1.59× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.17× | — | ||
| 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 | $-5.8M | — |
| Free Cash FlowOCF − Capex | $-25.0M | — |
| FCF MarginFCF / Revenue | -17.7% | — |
| Capex IntensityCapex / Revenue | 13.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-23.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-5.8M | $-1.5M | ||
| Q3 25 | $5.9M | $6.0M | ||
| Q2 25 | $12.2M | $344.0K | ||
| Q1 25 | $5.0M | $5.7M | ||
| Q4 24 | $15.2M | $663.0K | ||
| Q3 24 | $15.5M | $3.3M | ||
| Q2 24 | $18.7M | $-5.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-25.0M | $-3.2M | ||
| Q3 25 | $2.5M | $2.4M | ||
| Q2 25 | $5.9M | $-2.9M | ||
| Q1 25 | $-6.8M | $3.9M | ||
| Q4 24 | $-39.9M | $-1.8M | ||
| Q3 24 | $-33.6M | $1.2M | ||
| Q2 24 | $4.1M | $-5.8M |
| Q1 26 | — | — | ||
| Q4 25 | -17.7% | -4.0% | ||
| Q3 25 | 1.7% | 2.9% | ||
| Q2 25 | 3.9% | -3.8% | ||
| Q1 25 | -4.4% | 5.5% | ||
| Q4 24 | -24.0% | -2.7% | ||
| Q3 24 | -18.4% | 2.0% | ||
| Q2 24 | 2.2% | -8.7% |
| Q1 26 | — | — | ||
| Q4 25 | 13.6% | 2.2% | ||
| Q3 25 | 2.3% | 4.4% | ||
| Q2 25 | 4.2% | 4.2% | ||
| Q1 25 | 7.6% | 2.5% | ||
| Q4 24 | 33.1% | 3.7% | ||
| Q3 24 | 26.9% | 3.5% | ||
| Q2 24 | 8.0% | 1.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.44× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
TDUP
Segment breakdown not available.
