ThredUp Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	38.63	31.85	54.34	38.03	84.55
Short-Term Investments	9.5	12.33	8.1	66.9	121.28
Cash & Short-Term Investments	48.13	44.18	62.44	104.93	205.83
Cash Growth	8.94%	-29.25%	-40.50%	-49.02%	219.19%
Accounts Receivable	2.44	3.57	5	4.67	4.14
Inventory	-	-	2.82	17.52	9.83
Other Current Assets	6.11	9.18	23.63	7.08	8.63
Total Current Assets	56.68	56.92	93.89	134.2	228.41
Net Property, Plant & Equipment	92.62	97.33	105.92	138.64	94.81
Other Intangible Assets	-	-	-	10.5	13.85
Goodwill	10.75	10.75	11.22	11.59	12.24
Other Long-Term Assets	7.2	6.22	38.95	7.03	11.52
Total Assets	173.36	180.4	249.97	301.95	360.83
Accounts Payable	10.33	8.33	3.83	7.8	13.34
Accrued Expenses	24.51	29.86	29.42	50.16	45.25
Current Portion of Long-Term Debt	3.88	3.86	3.84	3.88	7.77
Current Portion of Leases	5.4	4.35	4.61	6.41	3.93
Other Current Liabilities	18.26	15.14	34.98	16.17	19.13
Total Current Liabilities	62.38	61.52	76.67	84.41	89.41
Long-Term Debt	14.28	18.15	22.01	25.79	27.56
Long-Term Leases	28.58	32.49	31.82	48.73	37
Other Long-Term Liabilities	2.82	2.76	15.55	3.02	1.12
Total Long-Term Liabilities	45.67	53.4	69.38	77.53	65.68
Total Liabilities	108.05	114.92	146.05	161.95	155.09
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-in Capital	635.25	612.15	585.16	551.85	522.16
Accumulated Other Comprehensive Income	0	0	-2.38	-4.23	-1.09
Retained Earnings	-576.08	-555.86	-478.88	-407.63	-315.34
Total Common Shareholders' Equity	59.19	56.3	103.92	140	205.73
Shareholders' Equity	59.19	56.3	103.92	140	205.73
Total Liabilities & Equity	167.25	171.23	249.97	301.95	360.83
Total Debt	52.13	58.84	62.28	84.81	76.26
Net Cash (Debt)	-4.01	-14.66	0.16	20.12	129.57
Net Cash Growth	-	-	-99.19%	-84.47%	2594.92%
Net Cash Per Share	-0.03	-0.13	0.00	0.20	1.68
Book Value	59.19	56.3	103.92	140	205.73
Book Value Per Share	0.49	0.50	0.99	1.40	2.67
Tangible Book Value	48.45	45.56	92.7	117.91	179.64
Tangible Book Value Per Share	0.40	0.41	0.88	1.18	2.33

Updated Mar 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q