ThredUp Inc. (TDUP)

ThredUp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	277.73	260.03	258.5	288.38	251.79	186.02
Revenue Growth (YoY)	20.14%	0.59%	-10.36%	14.53%	35.36%	13.55%
Cost of Revenue	56.77	52.91	60.04	96.04	73.66	57.87
Gross Profit	220.96	207.13	198.47	192.34	178.13	128.15
Selling, General & Admin	250.26	247.74	251.47	281.83	240.52	174.74
Operating Expenses	250.26	247.74	251.47	281.83	240.52	174.74
Operating Income	-29.3	-40.62	-53	-89.49	-62.39	-46.59
Interest Expense	-2.21	-2.53	-2.24	-0.81	-2.28	-1.31
Other Non Operating Income (Expenses)	2.8	3.17	2.9	1.79	1.57	0.07
EBT Excluding Unusual Items	-28.71	-39.97	-52.34	-88.5	-63.1	-47.82
Gain (Loss) on Sale of Investments	-	-	-	-3.75	-	-
Pretax Income	-28.71	-39.97	-52.34	-92.25	-63.1	-47.82
Income Tax Expense	0.1	0.03	0.02	0.04	0.08	0.06
Earnings From Continuing Operations	-28.81	-40	-52.36	-92.28	-63.18	-47.88
Earnings From Discontinued Operations	-28.06	-36.99	-18.89	-	-	-
Net Income	-56.87	-76.99	-71.25	-92.28	-63.18	-47.88
Net Income to Common	-56.87	-76.99	-71.25	-92.28	-63.18	-47.88
Shares Outstanding (Basic)	116	112	105	100	77	12
Shares Outstanding (Diluted)	116	112	105	100	77	12
Shares Change (YoY)	7.04%	6.76%	5.07%	29.48%	566.60%	12.66%
EPS (Basic)	-0.49	-0.69	-0.68	-0.92	-0.82	-4.14
EPS (Diluted)	-0.49	-0.69	-0.68	-0.92	-0.82	-4.14
Free Cash Flow	0.86	-5.69	-35.7	-95.36	-54.85	-38.53
Free Cash Flow Per Share	0.01	-0.05	-0.34	-0.95	-0.71	-3.33
Gross Margin	79.56%	79.65%	76.78%	66.70%	70.75%	68.89%
Operating Margin	-10.55%	-15.62%	-20.50%	-31.03%	-24.78%	-25.05%
Profit Margin	-20.48%	-29.61%	-27.56%	-32.00%	-25.09%	-25.74%
Free Cash Flow Margin	0.31%	-2.19%	-13.81%	-33.07%	-21.78%	-20.71%
EBITDA	-13.01	-23.29	-38.77	-75.45	-53.23	-41.01
EBITDA Margin	-4.68%	-8.96%	-15.00%	-26.16%	-21.14%	-22.05%
D&A For EBITDA	16.29	17.33	14.23	14.03	9.16	5.58
EBIT	-29.3	-40.62	-53	-89.49	-62.39	-46.59
EBIT Margin	-10.55%	-15.62%	-20.50%	-31.03%	-24.78%	-25.05%
Revenue as Reported	260.03	260.03	258.5	288.38	251.79	186.02
Advertising Expenses	-	41.5	38.8	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q