ThredUp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	321.19	310.81	260.03	258.5	288.38	251.79
Revenue Growth (YoY)	20.39%	19.53%	0.59%	-10.36%	14.53%	35.36%
Cost of Revenue	66.15	64.06	52.91	60.04	96.04	73.66
Gross Profit	255.04	246.75	207.13	198.47	192.34	178.13
Selling, General & Admin	119.14	115.64	105.53	108.13	126.18	112.44
Other Operating Expenses	158.81	152.86	142.21	143.34	155.64	128.08
Total Operating Expenses	277.94	268.5	247.74	251.47	281.83	240.52
Operating Income	-22.9	-21.75	-40.62	-53	-89.49	-62.39
Interest Income	3.25	3.51	3.17	2.9	-	-
Interest Expense	-1.79	-1.92	-2.53	-2.24	-0.81	2.28
Other Non-Operating Income (Expense)	-	-	-	-	-1.96	-1.57
Total Non-Operating Income (Expense)	1.46	1.59	0.65	0.66	-2.76	0.71
Pretax Income	-21.45	-20.16	-39.97	-52.34	-92.25	-63.1
Provision for Income Taxes	0.03	0.06	0.03	0.02	0.04	0.08
Net Income	-21.47	-20.21	-76.99	-71.25	-92.28	-63.18
Earnings From Discontinued Operations	-	-	-36.99	-18.89	-	-
Net Income to Common	-21.47	-20.21	-76.99	-71.25	-92.28	-63.18
Shares Outstanding (Basic)	124	122	112	105	100	77
Shares Outstanding (Diluted)	124	122	112	105	100	77
Shares Change (YoY)	9.32%	8.69%	6.76%	5.07%	29.48%	566.60%
EPS (Basic)	-0.16	-0.17	-0.69	-0.50	-0.92	-0.82
EPS (Diluted)	-0.16	-0.17	-0.69	-0.50	-0.92	-0.82
Shares Outstanding	129	127.03	116.13	108.78	101.53	98.44
Free Cash Flow	-3.11	0.18	-5.69	-35.7	-95.36	-54.85
Free Cash Flow Per Share	-0.02	0.00	-0.05	-0.34	-0.96	-0.71
Gross Margin	79.40%	79.39%	79.65%	76.78%	66.70%	70.75%
Operating Margin	-7.13%	-7.00%	-15.62%	-20.50%	-31.03%	-24.78%
Profit Margin	-6.68%	-6.50%	-15.38%	-20.25%	-32.00%	-25.09%
FCF Margin	-0.97%	0.06%	-2.19%	-13.81%	-33.07%	-21.78%
EBITDA	-9.84	-8.82	-23.29	-38.77	-75.45	-53.23
EBITDA Margin	-3.06%	-2.84%	-8.96%	-15.00%	-26.16%	-21.14%
EBIT	-22.9	-21.75	-40.62	-53	-89.49	-62.39
EBIT Margin	-7.13%	-7.00%	-15.62%	-20.50%	-31.03%	-24.78%
Effective Tax Rate	-0.12%	-0.29%	-0.07%	-0.04%	-0.04%	-0.13%

Updated May 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q