# ThredUp Inc.: overview

TDUP · Nasdaq · CIK 1484778 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/tdup.md) · [Financials](/companies/tdup/financials.md) · [Filings](/companies/tdup/filings.md) · [Insiders](/companies/tdup/insiders.md)

Latest reported revenue: [$90.8m](/filings/0001484778-26-000025.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001484778-26-000025).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [61.5](/filings/0001484778-25-000116.md) | [67.3 d](/filings/0001484778-26-000007.md) | [71.3](/filings/0001484778-26-000016.md) | [77.7](/filings/0001484778-26-000025.md) | [82.2](/filings/0001484778-25-000116.md) | [79.7 d](/filings/0001484778-26-000007.md) | [81.7](/filings/0001484778-26-000016.md) | [90.8](/filings/0001484778-26-000025.md) |
| Gross margin | % | [79.3%](/filings/0001484778-25-000116.md) | [80.4% d](/filings/0001484778-26-000007.md) | [79.1%](/filings/0001484778-26-000016.md) | [79.5%](/filings/0001484778-26-000025.md) | [79.4%](/filings/0001484778-25-000116.md) | [79.6% d](/filings/0001484778-26-000007.md) | [79.2%](/filings/0001484778-26-000016.md) | [79.9%](/filings/0001484778-26-000025.md) |
| Operating margin | % | [(17.0%)](/filings/0001484778-25-000116.md) | [(12.1%) d](/filings/0001484778-26-000007.md) | [(7.6%)](/filings/0001484778-26-000016.md) | [(6.8%)](/filings/0001484778-26-000025.md) | [(5.3%)](/filings/0001484778-25-000116.md) | [(8.4%) d](/filings/0001484778-26-000007.md) | [(8.1%)](/filings/0001484778-26-000016.md) | [(6.7%)](/filings/0001484778-26-000025.md) |
| Net margin | % | [(40.3%)](/filings/0001484778-25-000116.md) | [(32.3%) d](/filings/0001484778-26-000007.md) | [(7.3%)](/filings/0001484778-26-000025.md) | [(6.7%)](/filings/0001484778-26-000025.md) | [(5.2%)](/filings/0001484778-25-000116.md) | [(7.0%) d](/filings/0001484778-26-000007.md) | [(7.9%)](/filings/0001484778-26-000025.md) | [(6.5%)](/filings/0001484778-26-000025.md) |
| Diluted EPS | $ per share | [(0.22)](/filings/0001484778-25-000116.md) | not reported | [(0.04)](/filings/0001484778-26-000016.md) | [(0.04)](/filings/0001484778-26-000025.md) | [(0.03)](/filings/0001484778-25-000116.md) | not reported | [(0.05)](/filings/0001484778-26-000016.md) | [(0.05)](/filings/0001484778-26-000025.md) |
| Free cash flow | $m | [1.2 d](/filings/0001484778-24-000149.md) | [2.7 d](/filings/0001484778-26-000007.md) | [3.9](/filings/0001484778-26-000016.md) | [(2.9) d](/filings/0001484778-26-000025.md) | [2.4 d](/filings/0001484778-25-000116.md) | [(3.2) d](/filings/0001484778-26-000007.md) | [0.6](/filings/0001484778-26-000016.md) | [1.8 d](/filings/0001484778-26-000025.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment; Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [252](/filings/0001484778-23-000057.md) | [288](/filings/0001484778-24-000035.md) | [259](/filings/0001484778-25-000023.md) | [260](/filings/0001484778-26-000007.md) | [311](/filings/0001484778-26-000007.md) |
| Gross margin | % | [70.7%](/filings/0001484778-23-000057.md) | [66.7%](/filings/0001484778-24-000035.md) | [76.8%](/filings/0001484778-25-000023.md) | [79.7%](/filings/0001484778-26-000007.md) | [79.4%](/filings/0001484778-26-000007.md) |
| Operating margin | % | [(24.8%)](/filings/0001484778-23-000057.md) | [(31.0%)](/filings/0001484778-24-000035.md) | [(20.5%)](/filings/0001484778-25-000023.md) | [(15.6%)](/filings/0001484778-26-000007.md) | [(7.0%)](/filings/0001484778-26-000007.md) |
| Net margin | % | [(25.1%)](/filings/0001484778-23-000057.md) | [(32.0%)](/filings/0001484778-24-000035.md) | [(27.6%)](/filings/0001484778-25-000023.md) | [(29.6%)](/filings/0001484778-26-000007.md) | [(6.5%)](/filings/0001484778-26-000007.md) |
| Diluted EPS | $ per share | [(0.82)](/filings/0001484778-23-000057.md) | [(0.92)](/filings/0001484778-24-000035.md) | [(0.68)](/filings/0001484778-25-000023.md) | [(0.69)](/filings/0001484778-26-000007.md) | [(0.17)](/filings/0001484778-26-000007.md) |
| Free cash flow | $m | [(54.8)](/filings/0001484778-23-000057.md) | [(95.4)](/filings/0001484778-24-000035.md) | [(35.7)](/filings/0001484778-24-000035.md) | [(1.7)](/filings/0001484778-26-000007.md) | [0.2](/filings/0001484778-26-000007.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment; Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/tdup/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $75.1m | 10,968,644 |  | Added +2,721,277 |
| [NEEDHAM INVESTMENT MANAGEMENT LLC](/funds/1167212.md) | 2026-06-30 | $69.7m | 10,175,000 |  | Added +900,000 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $61.2m | 8,939,970 |  | Added +232,370 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $35.3m | 5,150,020 |  | Added +4,062,111 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $30.7m | 4,477,341 |  | Added +114,130 |
| [GILDER GAGNON HOWE & CO LLC](/funds/902464.md) | 2026-06-30 | $28.4m | 4,147,133 |  | Added +1,772,009 |
| [Divisadero Street Capital Management, LP](/funds/1901865.md) | 2026-06-30 | $24.9m | 3,628,206 |  | Added +2,634,257 |
| [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $24.1m | 3,511,732 |  | Reduced −1,384,901 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $23.0m | 3,355,413 |  | Added +389,929 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $22.1m | 3,220,371 |  | Added +126,407 |

## Recent filings

[All 762 filings](/companies/tdup/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-05 | 16:26 ET | [10-Q](/filings/0001484778-26-000025.md) | Quarterly report, period 2026-06-30 | 0001484778-26-000025 |
| 2026-08-05 | 16:10 ET | [8-K](/filings/0001484778-26-000024.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001484778-26-000024 |
| 2026-05-21 | 19:15 ET | [8-K](/filings/0001628280-26-036985.md) | 5.07 Shareholder vote results | 0001628280-26-036985 |
| 2026-05-04 | 16:14 ET | [10-Q](/filings/0001484778-26-000016.md) | Quarterly report, period 2026-03-31 | 0001484778-26-000016 |
| 2026-05-04 | 16:06 ET | [8-K](/filings/0001484778-26-000015.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001484778-26-000015 |
| 2026-04-07 | 16:09 ET | [DEF 14A](/filings/0001628280-26-024074.md) | Proxy statement, period 2026-05-20 | 0001628280-26-024074 |
| 2026-03-02 | 16:19 ET | [10-K](/filings/0001484778-26-000007.md) | Annual report, period 2025-12-31 | 0001484778-26-000007 |
| 2026-03-02 | 16:11 ET | [8-K](/filings/0001484778-26-000005.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001484778-26-000005 |
| 2026-02-03 | 16:10 ET | [8-K](/filings/0001628280-26-005003.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation | 0001628280-26-005003 |
| 2025-11-17 | 16:08 ET | [8-K](/filings/0001628280-25-052594.md) | 5.02 Departure or appointment of officers or directors | 0001628280-25-052594 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001484778-26-000007.md), filed Mar 2, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/cf21ce82-52b9-418c-8097-907fc545a796)

## About the filer

- CIK: 1484778
- Tickers: TDUP
- Exchange: Nasdaq
- SIC code: 5961 Retail-Catalog & Mail-Order Houses
- State of incorporation: DE
- Filer category: Accelerated filer<br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 16:08 ET. No prices; not investment advice.
