Earnings summaries and quarterly performance for ThredUp.
Executive leadership at ThredUp.
Board of directors at ThredUp.
Research analysts who have asked questions during ThredUp earnings calls.
Bernard McTernan
Needham & Company
4 questions for TDUP
Also covers: APP, BBBY, BYON +17 more
Dylan Carden
William Blair & Company
4 questions for TDUP
Also covers: ANF, BIRD, BOOT +12 more
Irwin Boruchow
Wells Fargo Securities
3 questions for TDUP
Also covers: , BBWI, BURL +18 more
Dana Telsey
Telsey Advisory Group
2 questions for TDUP
Also covers: , AEO, AKA +44 more
Kunal Madhukar
Water Tower Research
2 questions for TDUP
Also covers: REAL, SURG
Bobby Brooks
Northland Capital Markets
1 question for TDUP
Also covers: ATMU, CECO, CXT +10 more
Ike Boruchow
Wells Fargo
1 question for TDUP
Also covers: AS, BBWI, BURL +17 more
Oliver Chen
TD Cowen
1 question for TDUP
Also covers: BJ, BRLT, COST +21 more
Recent press releases and 8-K filings for TDUP.
TDUP Announces Third Quarter 2025 Results
TDUP
Earnings
Revenue Acceleration/Inflection
- TDUP reported Q3 2025 revenue of $82 million, demonstrating a 34% year-over-year growth.
- The company achieved a gross profit of $65 million with a 79% gross profit margin and Adjusted EBITDA of $4 million with a 5% margin for Q3 2025.
- Operational highlights include 1.6 million TTM active buyers (a 26% year-over-year increase) and 1.6 million total orders (a 37% year-over-year increase) in Q3 2025.
- At the end of Q3 2025, TDUP held $56 million in cash and $19 million in debt.
Nov 4, 2025, 9:30 PM
TDUP Reports Strong Q3 2025 Results with Revenue Up 33.6% and Launches Direct Selling
TDUP
Earnings
Product Launch
Revenue Acceleration/Inflection
- ThreadUp (TDUP) reported Q3 2025 revenue of $82.2 million, an increase of 33.6% year-over-year, and achieved adjusted EBITDA of $3.8 million, or 4.6% of revenue.
- The company experienced significant customer growth, with new buyer acquisition up 54% year-over-year and active buyers reaching 1.6 million for the trailing twelve months, a 25.6% increase.
- Key strategic initiatives include the launch of direct selling (peer-to-peer) in closed beta, new Resale as a Service (RAS) programs for brands like New York & Co and Cotopoxy, and the Premium Kit growing to over 20% of marketplace supply.
- ThreadUp also launched a rebrand alongside new AI-powered personalization features, the Daily Edit and Trend Report, which contributed to improved conversion rates.
- For Q4 2025, the company guided for 14.5% growth at the midpoint, and aims to be a Rule of 40 company long-term, targeting high teens to 20% growth.
Nov 3, 2025, 9:30 PM
ThredUp Announces Third Quarter 2025 Results
TDUP
Earnings
Guidance Update
Revenue Acceleration/Inflection
- ThredUp reported record quarterly revenue of $82.2 million for Q3 2025, marking a 34% increase year-over-year.
- The company achieved a gross margin of 79.4% and an Adjusted EBITDA from continuing operations of $3.8 million, representing 4.6% of revenue.
- Active Buyers grew by 26% year-over-year to 1.57 million, with new buyer acquisition being the best in ThredUp's history.
- ThredUp issued a revised financial outlook, projecting Q4 2025 revenue in the range of $76.0 million to $78.0 million and full-year 2025 revenue between $307.0 million and $309.0 million.
Nov 3, 2025, 9:12 PM
ThredUp Reports Significant Revenue Acceleration Driven by U.S. Focus and AI Investments
TDUP
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
- ThredUp has experienced significant revenue acceleration, with Q3 (last year) down 10%, Q4 (last year) up 10%, and a Q3 guide of 25% at the midpoint, following the strategic decision in August last year to exit the struggling European business and focus solely on the U.S. market.
- Product investments, particularly in AI, are identified as the primary growth drivers, leading to an 18% year-over-year increase in new customer conversion rates, reduced customer acquisition costs (CACs), and increased lifetime values (LTVs), resulting in payback periods now well under a year.
- The company launched a higher-margin Premium Selling Kit, priced at $34.99, which now accounts for more than 10% of seller items and has nearly doubled average selling prices (ASPs) for those items.
- New customer growth was robust, with Q1 up 95% year-over-year and Q2 up 75% year-over-year, driven by "resale native" customers.
- Current operational capacity can support approximately $500 million in revenue, with an estimated $50 million to $70 million investment required to expand capacity to support $1 billion in revenue, likely involving more CapEx spend in 2027. The company aims to reinvest incremental top-line dollars into growth, expecting modest EBITDA expansion over the next year.
Sep 17, 2025, 4:30 PM
ThredUp Inc. Discusses Strong Q1 Performance, AI-Driven Growth, and US Market Focus
TDUP
Revenue Acceleration/Inflection
New Projects/Investments
M&A
- ThredUp reported strong Q1 results, with revenue of $71 million, 79% gross margins, and 5% EBITDA margin, marking its seventh consecutive quarter of being EBITDA positive.
- The company achieved its best Q1 ever for customer acquisition, with new customers growing 95% year-over-year, and April being the best month for new buyer acquisition.
- ThredUp has leveraged AI-based search technology to significantly improve discoverability and conversion, noting an immediate jump in conversion and a 19% improvement in some assortment pages.
- The CEO emphasized that ThredUp, as a marketplace, is disproportionately benefiting from AI technology, enhancing its competitive advantages and distinguishing it from traditional retailers.
- ThredUp recently sold its European business to refocus entirely on the US market, which the CEO noted was a significant distraction.
Aug 18, 2025, 5:17 PM
ThredUp Reports Strong US Growth and Improved Unit Economics
TDUP
Revenue Acceleration/Inflection
New Projects/Investments
M&A
- ThredUp divested its European business in November 2024, which had been a drain on cash flow, allowing for reinvestment in the US business, which has achieved EBITDA positivity for seven consecutive quarters.
- The company reported 10% growth in Q1 and its greatest number of new customers ever acquired in Q1, driven by product improvements and a new AI infrastructure that increased conversion rates and reduced customer acquisition costs.
- Contribution margin is now in the low forties, with premium consignment items yielding 40% better contribution.
- ThredUp's current US facilities can handle $500 million to $600 million in net revenue, with an additional $50 million in CapEx potentially expanding capacity to $1 billion in revenue.
Aug 18, 2025, 5:17 PM
Quarterly earnings call transcripts for ThredUp.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more