TDUP
ThredUp Inc
NASDAQ: TDUP · CONSUMER CYCLICAL · INTERNET RETAIL
$4.29
-0.69% today
Updated 2026-04-30
Market cap
$540.52M
P/E ratio
—
P/S ratio
1.74x
EPS (TTM)
$-0.17
Dividend yield
—
52W range
$3 – $12
Volume
2.6M
ThredUp Inc (TDUP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $129.55M | $163.81M | $186.01M | $251.79M | $288.38M | $258.50M | $260.03M | $310.81M |
| Revenue growth (YoY) | — | +26.4% | +13.6% | +35.4% | +14.5% | -10.4% | +0.6% | +19.5% |
| Cost of revenue | $51.54M | $51.31M | $57.87M | $73.66M | $96.04M | $60.04M | $52.91M | $64.06M |
| Gross profit | $78.01M | $112.50M | $128.15M | $178.13M | $192.34M | $198.47M | $207.13M | $246.75M |
| Gross margin | 60.2% | 68.7% | 68.9% | 70.7% | 66.7% | 76.8% | 79.7% | 79.4% |
| R&D | $13.10M | $19.00M | $20.70M | $28.70M | $37.60M | $38.00M | $31.30M | — |
| SG&A | $17.14M | $22.25M | $28.56M | $48.81M | $61.81M | $56.74M | $56.90M | $56.66M |
| Operating income | $-34.26M | $-36.81M | $-46.59M | $-62.39M | $-89.49M | $-53.00M | $-40.62M | $-20.21M |
| Operating margin | -26.4% | -22.5% | -25.0% | -24.8% | -31.0% | -20.5% | -15.6% | -6.5% |
| EBITDA | $-29.54M | $-32.46M | $-40.94M | $-51.67M | $-77.41M | $-35.87M | $-20.12M | $-5.31M |
| EBITDA margin | -22.8% | -19.8% | -22.0% | -20.5% | -26.8% | -13.9% | -7.7% | -1.7% |
| EBIT | $-33.71M | $-36.73M | $-46.52M | $-60.82M | $-91.44M | $-50.10M | $-37.45M | $-18.24M |
| Interest expense | $437000.00 | $1.43M | $1.30M | $2.27M | $805000.00 | $2.24M | $2.52M | $1.92M |
| Income tax | $37000.00 | $36000.00 | $56000.00 | $80000.00 | $35000.00 | $19000.00 | $29000.00 | — |
| Effective tax rate | -0.1% | -0.1% | -0.1% | -0.1% | -0.0% | -0.0% | -0.0% | 0.0% |
| Net income | $-34.18M | $-38.20M | $-47.88M | $-63.18M | $-92.28M | $-71.25M | $-76.99M | $-20.21M |
| Net income growth (YoY) | — | -11.7% | -25.3% | -32.0% | -46.1% | +22.8% | -8.1% | +73.7% |
| Profit margin | -26.4% | -23.3% | -25.7% | -25.1% | -32.0% | -27.6% | -29.6% | -6.5% |