ThredUp Inc

TDUP · NASDAQ · Consumer Cyclical / Internet Retail

1.58USD+0.08 (+5.33%)

Price History

Full chart

Market Stats

Previous Close1.50

Open1.49

Day Range1.45 – 1.60

52-Week Range2.17 – 10.00

Volume1.65M

Market Cap295.50M

P/E (TTM)0.00

Forward P/E0.00

EPS-0.18

Dividend Yield0.00%

Beta1.98

50-Day Avg3.75

200-Day Avg4.76

About

ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States. The company's platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc. was incorporated in 2009 and is headquartered in Oakland, California.

Company Details

SectorConsumer Cyclical
IndustryInternet Retail
CEOMr. James G. Reinhart
Employees2.13K
Headquarters969 Broadway, Oakland, CA, United States, 94607, USA
Websitehttps://www.thredup.com

Leadership

Mr. James G. ReinhartCo-Founder, CEO & Director · b. 1979
Mr. Christopher HomerCo-Founder & COO · b. 1984
Mr. Graden Sean SobersChief Financial Officer · b. 1969
Mr. Daniel DemeyereChief Product & Technology Officer · b. 1987
Ms. Lauren Marie FraschSenior Director of Investor Relations & Strategic Finance
Mr. Alon Rotem J.D.Chief Strategy Officer, Chief Legal Officer & Secretary · b. 1980
Ms. Kristen BrophySenior Vice President of Marketing
Ms. Natalie BreeceChief People & Diversity Officer · b. 1986

Financials

Income Statement

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	129.55M	163.81M	186.01M	251.79M	288.38M	258.50M	260.03M	310.81M
Growth (%)	-	+26.45%	+13.55%	+35.36%	+14.53%	-10.36%	+0.59%	+19.53%
Cost of Revenue	51.54M	51.31M	57.87M	73.66M	96.04M	60.04M	52.91M	64.06M
Gross Profit	78.01M	112.50M	128.15M	178.13M	192.34M	198.47M	207.13M	246.75M
Gross Margin	60.22%	68.68%	68.89%	70.75%	66.70%	76.78%	79.65%	79.39%
Operating Expense	112.27M	149.31M	174.74M	240.52M	281.82M	251.47M	247.74M	266.97M
Operating Income	-34.26M	-36.81M	-46.59M	-62.39M	-89.49M	-53.00M	-40.62M	-20.21M
Operating Margin	-26.44%	-22.47%	-25.05%	-24.78%	-31.03%	-20.50%	-15.62%	-6.50%
EBITDA	-29.54M	-32.46M	-40.94M	-51.67M	-77.41M	-35.87M	-20.12M	-5.31M
EBITDA Margin	-22.80%	-19.81%	-22.01%	-20.52%	-26.84%	-13.88%	-7.74%	-1.71%
Net Income	-34.18M	-38.20M	-47.88M	-63.18M	-92.28M	-71.25M	-76.99M	-20.21M
Net Income Margin	-26.38%	-23.32%	-25.74%	-25.09%	-32.00%	-27.56%	-29.61%	-6.50%
R&D	13.10M	19.00M	20.70M	28.70M	37.60M	38.00M	31.30M	-
R&D as % of Total Revenue	10.11%	11.60%	11.13%	11.40%	13.04%	14.70%	12.04%	-
Interest Expense	437.00K	1.43M	1.30M	2.27M	805.00K	2.24M	2.52M	1.92M
Interest Expense % of Total Revenue	0.34%	0.87%	0.70%	0.90%	0.28%	0.87%	0.97%	0.62%

Balance Sheet

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	47.24M	122.56M	142.91M	360.83M	301.95M	249.97M	171.22M	167.25M
Total Liabilities	36.29M	305.80M	365.09M	155.09M	161.95M	146.05M	114.92M	108.05M
Total Equity	10.95M	-183.24M	-222.18M	205.73M	140.00M	103.92M	56.30M	59.19M
Cash	6.65M	85.63M	64.48M	84.55M	38.03M	56.08M	31.85M	38.63M
Total Debt	8.97M	17.28M	59.68M	76.25M	84.81M	76.41M	58.84M	52.13M
Net Debt	2.32M	-68.35M	-4.81M	-8.29M	46.78M	20.33M	26.99M	13.50M

Cash Flow

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-22.49M	-10.09M	-19.11M	-35.02M	-52.10M	-22.59M	898.00K	10.65M
Investing Cash Flow	-22.02M	-1.25M	-19.42M	-169.58M	8.92M	43.68M	-16.90M	-7.17M
Financing Cash Flow	38.97M	91.18M	18.21M	228.96M	-3.94M	-3.60M	-4.39M	-397.00K
Capital Expenditure	13.93M	9.50M	19.42M	19.83M	43.25M	15.98M	6.58M	10.47M
Free Cash Flow	-36.42M	-19.59M	-38.53M	-54.85M	-95.36M	-38.58M	-5.69M	180.00K
Dividends Paid	6.61M	-	-	347.00K	2.20M	-	-	-
FCF to OCF	161.92%	194.19%	201.67%	156.62%	183.01%	170.75%	-633.18%	1.69%
Dividend Paid to FCF	-18.14%	-	-	-0.63%	-2.30%	-	-	-

Earnings

Report Date	Mar 26, 2021	May 12, 2021	Aug 9, 2021	Nov 8, 2021	Mar 7, 2022	May 9, 2022	Aug 15, 2022	Nov 14, 2022	Mar 6, 2023	May 9, 2023	Aug 8, 2023	Nov 6, 2023	Mar 4, 2024	May 6, 2024	Aug 5, 2024	Nov 4, 2024	Mar 3, 2025	May 5, 2025	Aug 4, 2025	Nov 3, 2025	Mar 9, 2026	May 4, 2026	Aug 5, 2026	Nov 2, 2026
EPS Estimate	-0.55	-0.40	-0.15	-0.15	-0.17	-0.20	-0.22	-0.21	-0.20	-0.21	-0.23	-0.16	-0.13	-0.13	-0.11	-0.15	-0.13	-0.06	-0.05	-0.04	-0.04	-0.06	-0.03	-0.04
EPS Actual	-0.18	-0.16	-0.15	-0.14	-0.18	-0.20	-0.27	-0.22	-0.16	-0.19	-0.18	-0.17	-0.14	-0.15	-0.13	-0.13	-0.19	-0.04	-0.04	-0.03	-0.04	-0.05	-0.05	-
Surprise	66.36%	60.00%	0.00%	6.67%	-5.88%	0.00%	-22.73%	-4.76%	20.00%	9.52%	21.74%	-6.25%	-7.69%	-15.38%	-18.18%	13.33%	-45.62%	33.33%	20.00%	25.00%	-15.26%	16.67%	-66.67%	-
Timing	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap295.50M

Enterprise Value298.28M

Trailing P/E0.00

Forward P/E0.00

Price / Sales0.88

Price / Book4.94

EPS-0.18

Book Value0.463

Revenue (TTM)334.30M

Gross Profit (TTM)265.83M

EBITDA-8.70M

Profit Margin-6.65%

Operating Margin-6.74%

Return on Equity-36.76%

Return on Assets-8.25%

Shares Outstanding111.01M

Shares Float104.33M

Beta1.98

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Strong Buy

Based on 4 analystsTarget 7.24

Strong Buy
3
Hold
1

Ownership Breakdown

Institutions: 98.32%
Insiders: 5.96%
Retail / Other: 0.00%

Top Institutional Holders

Needham Investment Management, LLC
9.28M7.06%
Capital World Investors
8.94M6.81%
BlackRock Inc
8.25M6.28%
Marshall Wace Asset Management Ltd
4.90M3.73%
Vanguard Capital Management, LLC
4.36M3.32%
State Street Corp
3.09M2.36%
FMR Inc
3.06M2.33%
Arrowstreet Capital Limited Partnership
2.97M2.26%
Acadian Asset Management LLC
2.96M2.26%
Qube Research & Technologies
2.74M2.08%
Vanguard Portfolio Management, LLC
2.45M1.87%
Gilder Gagnon Howe & CO LLC
2.38M1.81%
Geode Capital Management, LLC
2.36M1.79%
Two Sigma Investments LLC
2.27M1.73%
Blair William & Co
2.20M1.67%
The Goldman Sachs Group Inc
2.08M1.59%

Top Fund Holders

Needham Aggressive Growth Retail
10.18M7.75%
American Funds SMALLCAP World A
8.71M6.63%
Vanguard MStar Total Stk Mkt Idx Invest
3.23M2.46%
iShares Russell 2000 ETF
2.72M2.07%