ThredUp Inc.
ThredUp Inc.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 42 | 39 | 39 | 46 | 41 | 41 | 32 | 44 | 45 | 50 | 54 | 69 | |||||
Available For Sale Securities Debt Securities Curr… | 10 | 10 | 9 | 5 | 7 | 6 | 12 | 12 | 11 | 12 | 8 | 6 | |||||
Accounts Receivable Net Current | 3 | 4 | 2 | 4 | 4 | 4 | 4 | 6 | 6 | 7 | 5 | 6 | |||||
Inventory Net | - | - | - | - | - | - | 1 | 7 | 10 | 12 | 3 | 18 | |||||
Other Assets Current | 6 | 7 | 6 | 6 | 9 | 9 | 9 | 5 | 7 | 6 | 6 | 7 | |||||
Assets Current | 61 | 60 | 57 | 61 | 61 | 60 | 57 | 73 | 78 | 87 | 94 | 105 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | - | - | - | - | 0 | - | - | - | 18 | - | |||||
Operating Lease Right Of Use Asset | 25 | 26 | 25 | 27 | 28 | 28 | 29 | 45 | 46 | 47 | 28 | 43 | |||||
Property Plant And Equipment Net | 66 | 68 | 67 | 68 | 68 | 68 | 68 | 76 | 83 | 85 | 78 | 90 | |||||
Goodwill | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 11 | 11 | |||||
Finite Lived Intangible Assets Net | - | - | - | - | - | - | - | 2 | 7 | 7 | 8 | 8 | |||||
Other Assets Noncurrent | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 5 | 7 | |||||
Assets | 170 | 172 | 167 | 172 | 174 | 173 | 171 | 215 | 231 | 244 | 250 | 265 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Disposal Group Including Discontinued Operation As… | - | - | - | - | - | - | 0 | - | - | - | 34 | - | |||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 13 | 12 | 10 | 12 | 11 | 13 | 8 | 13 | 11 | 9 | 4 | 12 | |||||
Accrued Liabilities Current | 23 | 27 | 25 | 26 | 27 | 28 | 30 | 34 | 34 | 38 | 29 | 40 | |||||
Operating Lease Liability Current | 6 | 6 | 5 | 5 | 5 | 5 | 4 | 5 | 6 | 6 | 5 | 6 | |||||
Long Term Debt Current | 0 | 0 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||
Liabilities Current | 62 | 64 | 62 | 66 | 63 | 66 | 62 | 76 | 74 | 77 | 77 | 84 | |||||
Operating Lease Liability Noncurrent | 27 | 29 | 29 | 30 | 32 | 31 | 32 | 47 | 48 | 50 | 32 | 45 | |||||
Long Term Debt Noncurrent | 18 | 18 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | |||||
Other Liabilities Noncurrent | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | - | 0 | - | - | - | 14 | - | |||||
Liabilities | 109 | 113 | 108 | 113 | 113 | 116 | 115 | 146 | 145 | 151 | 146 | 156 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | - | 0 | - | - | - | 13 | - | |||||
Additional Paid In Capital | 649 | 642 | 635 | 630 | 626 | 617 | 612 | 606 | 599 | 592 | 585 | 578 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -0 | -0 | 0 | 0 | -0 | -0 | 0 | -2 | -3 | -3 | -2 | -4 | |||||
Retained Earnings Accumulated Deficit | -588 | -583 | -576 | -571 | -566 | -561 | -556 | -534 | -509 | -495 | -479 | -464 | |||||
Stockholders Equity | 61 | 59 | 59 | 59 | 60 | 56 | 56 | 69 | 86 | 94 | 104 | 110 | |||||
Liabilities And Stockholders Equity | 170 | 172 | 167 | 172 | 174 | 173 | 171 | 215 | 231 | 244 | 250 | 265 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 1,120 | 1,120 | 1,120 | 1,120 | 1,120 | 1,120 | 1,120 | 1,120 | 1,120 | 1,120 | 1,120 | 1,120 | |||||
Common Stock Shares Issued | 131 | 129 | 127 | 125 | 123 | 118 | 116 | 114 | 112 | 110 | 109 | 107 | |||||
Shares Outstanding | 131 | 129 | 127 | 125 | 123 | 118 | 116 | 114 | 112 | 110 | 109 | 107 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.41% | 58.58% | 30.43% | - | - | - | - | - | - | - | - | - |
| 2025 | 62.16% | 67.79% | 73.20% | 11.78% | -4.86% | -7.75% | -11.53% | -26.71% | -38.94% | -36.53% | -15.97% | -14.37% |
| 2024 | 8.06% | -8.60% | 12.37% | -47.17% | -50.12% | -61.97% | 227.65% | 163.26% | 310.98% | 16.14% | 88.34% | 230.94% |
| 2023 | - | - | - | 28.57% | 24.53% | -13.04% | -37.50% | -34.59% | -34.01% | 1.52% | -18.27% | 6.09% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.99 | 0.95 | 0.91 | 0.92 | 0.96 | 0.92 | 0.93 | 0.96 | 1.06 | 1.13 | 1.22 | 1.25 | |||||
| Quick Ratio | 0.99 | 0.95 | 0.91 | 0.92 | 0.96 | 0.92 | 0.91 | 0.86 | 0.92 | 0.98 | 1.19 | 1.03 | |||||
| Working Capital | -416.00K | -3.31M | -5.70M | -5.03M | -2.43M | -5.15M | -4.60M | -3.04M | 4.53M | 9.79M | 17.22M | 21.11M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.80 | 1.90 | 1.83 | 1.92 | 1.88 | 2.08 | 2.04 | 2.10 | 1.67 | 1.61 | 1.41 | 1.42 | |||||
| Interest Coverage TTM | -14.93 | -12.80 | -11.33 | -11.31 | -13.28 | -14.25 | -16.09 | -5.09 | -6.36 | -7.87 | -10.30 | -23.71 | |||||
| Debt Ratio | 0.64 | 0.66 | 0.65 | 0.66 | 0.65 | 0.67 | 0.67 | 0.68 | 0.63 | 0.62 | 0.58 | 0.59 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.95 | 1.86 | 1.84 | 1.54 | 1.37 | 1.28 | 1.23 | 0.88 | 0.91 | 0.92 | 0.94 | 1.07 | |||||
| Days Sales Outstanding TTM | 3.50 | 4.86 | 3.53 | 5.78 | 6.37 | 7.64 | 6.01 | 10.15 | 7.63 | 8.24 | 6.82 | 5.36 | |||||
| Receivables Turnover TTM | 104.18 | 75.13 | 103.54 | 63.20 | 57.34 | 47.80 | 60.73 | 35.98 | 47.81 | 44.28 | 53.49 | 68.05 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.17 | -0.17 | -0.17 | -0.29 | -0.47 | -0.56 | -0.69 | -0.62 | -0.57 | -0.62 | -0.68 | -0.72 | |||||
| Free Cash Flow Per Share TTM | -0.03 | -0.07 | -0.05 | -0.02 | -0.03 | -0.02 | -0.05 | -0.12 | -0.14 | -0.24 | -0.35 | -0.45 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 79.52% | 79.40% | 79.39% | 79.57% | 79.56% | 79.38% | 79.65% | 89.27% | 84.75% | 80.56% | 76.78% | 66.81% | |||||
| Operating Profit Margin TTM | -7.11% | -7.13% | -7.00% | -7.78% | -10.55% | -12.62% | -15.62% | -13.47% | -15.62% | -18.30% | -20.50% | -23.55% | |||||
| Net Profit Margin TTM | -6.65% | -6.68% | -6.50% | -12.18% | -20.48% | -24.61% | -29.61% | -33.18% | -27.34% | -27.52% | -27.56% | -24.41% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 20.37% | 20.39% | 19.53% | 41.65% | 20.14% | 7.96% | 0.59% | -32.48% | -22.38% | -15.26% | -10.36% | 7.59% | |||||
| Net Income Growth (1Y) | -60.91% | -67.29% | -73.74% | -48.00% | -10.02% | -3.47% | 8.05% | -8.20% | -22.67% | -25.57% | -22.79% | -16.06% | |||||
| EPS Growth (1Y) | -63.79% | -70.11% | -75.84% | -52.63% | -16.96% | -9.60% | 1.22% | -13.86% | -27.61% | -30.54% | -26.52% | -20.53% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -40.01 | -19.51 | -38.47 | -32.21 | -15.84 | -4.28 | -2.02 | -1.36 | -2.99 | -3.21 | -3.31 | -5.58 | |||||
| P/B TTM | 14.64 | 7.05 | 13.14 | 19.82 | 14.96 | 5.01 | 2.76 | 1.37 | 2.18 | 2.34 | 2.27 | 3.88 | |||||
| P/S TTM | 2.66 | 1.30 | 2.50 | 3.92 | 3.24 | 1.05 | 0.60 | 0.45 | 0.82 | 0.88 | 0.91 | 1.36 | |||||
| Market Cap | 889.50M | 418.83M | 777.62M | 1.17B | 900.86M | 281.24M | 155.62M | 95.02M | 188.69M | 218.58M | 235.97M | 424.65M | |||||
| Enterprise Value | 860.10M | 392.62M | 752.19M | 1.14B | 871.31M | 252.57M | 137.14M | 68.99M | 162.50M | 187.99M | 200.34M | 376.88M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -3.73M | -8.85M | -5.56M | -2.36M | -3.54M | -2.49M | -6.15M | -13.00M | -15.46M | -26.63M | -37.03M | -47.49M | |||||
| Net Debt | -29.40M | -26.20M | -25.43M | -32.14M | -29.55M | -28.67M | -18.48M | -26.03M | -26.20M | -30.60M | -35.63M | -47.77M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
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| Altman C | |||||||||||||||||
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| Altman E | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
ThredUp Inc. (TDUP) — SEC Financial Statements & Analysis
ThredUp Inc. (TDUP) is a retail-catalog & mail-order houses company, incorporated in DE. ThredUp Inc. trades on Nasdaq as: TDUP. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), ThredUp Inc. reported a 20.37% year-over-year revenue growth, a Gross Profit Margin of 79.52% (TTM), a Debt-to-Equity ratio of 1.80x, a Price-to-Sales (P/S) ratio of 2.66x (TTM), a Price-to-Book (P/B) ratio of 14.64x (TTM), at a market cap of $889.50M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 20.37%
- Gross Profit Margin TTM
- 79.52%
- Debt To Equity
- 1.80x
- P/S TTM
- 2.66x
- P/B TTM
- 14.64x
- Market Cap
- $889.50M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is ThredUp Inc. in?
ThredUp Inc. (TDUP) operates in the Retail-Catalog & Mail-Order Houses industry.
What is TDUP's market cap?
ThredUp Inc. (TDUP) has a market capitalization of $889.50M as of 2026-06-30.
What exchange does TDUP trade on?
ThredUp Inc. (TDUP) trades on the Nasdaq.
Where is ThredUp Inc. incorporated?
ThredUp Inc. is incorporated in DE.