ThredUp (TDUP)

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ThredUp Inc. operates an online resale marketplace for secondhand apparel, shoes, and accessories. The company connects sellers looking to clear out used clothing with buyers seeking discounted or more sustainable fashion options. Its platform focuses primarily on the United States and offers inventory across many brands, styles, sizes, and price points, making resale accessible to shoppers who want an alternative to buying new.

ThredUp’s model is built around managed resale. Instead of functioning only as a peer-to-peer listing site, the company handles much of the process for sellers, including item intake, inspection, photography, pricing support, listing, fulfilment, and customer service. This approach is designed to reduce friction for consumers who want to sell clothing but do not want to create individual listings or manage shipping and buyer communication themselves.

Revenue is generated mainly from the sale of secondhand apparel, shoes, and accessories on behalf of sellers. The company’s marketplace benefits from broader consumer trends around value shopping, closet cleanouts, circular fashion, and environmental awareness. Resale has become an important part of the apparel industry as shoppers look for lower prices, unique items, and ways to extend the life of garments.

Beyond its consumer marketplace, ThredUp is also known for resale-as-a-service partnerships that help brands and retailers participate in the secondhand economy. These services allow fashion companies to offer take-back or resale programmes without building the full operational infrastructure internally. As a public company, ThredUp gives investors exposure to digital commerce, logistics-enabled resale, and the shift toward more circular consumption in fashion.

4.82 USD
4.70 USD
+0.02 (+0.42%)
After-hours

Last updated

Market Cap
619.4M
P/E
P/FCF
P/S
1.93
Enterprise Value
598.14M
Sector
Industry
Catalog and Mail-Order Houses
Address
969 BROADWAY, OAKLAND, CA, 94607
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09 Apr 2024, 01:35 AM
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05 Mar 2024, 02:35 AM
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06 Feb 2024, 02:35 AM
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07 Nov 2023, 06:00 AM
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07 Nov 2023, 02:35 AM
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Market Cap
619.4M
Enterprise Value
598.14M
P/E
P/B
10.43
P/S
1.93
EV / EBITDA
-60.79
EV / Sales
1.86
EPS
-0.17
Dividend Yield
0%
P/FCF
P/CF
64.1
Free Cash Flow
-3.11M
ROE
-36.15%
ROA
-12.46%
Debt / Equity
0.3
Current Ratio
0.95
Quick Ratio
0.95
Cash
0.61
Avg Volume
2.45M
Fundamentals Snapshot Price
4.8

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 81.67M 79.7M 82.16M 77.66M 71.29M
Gross profit 64.66M 63.43M 65.21M 61.74M 56.37M
Operating income -6.59M -6.68M -4.39M -5.25M -5.43M
EBITDA -3.28M -3.23M -1.25M -2.08M -2.27M
Net income -6.47M -5.58M -4.25M -5.18M -5.22M
Basic EPS -0.05 -0.05 -0.03 -0.04 -0.04
Diluted EPS -0.05 -0.05 -0.03 -0.04 -0.04

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 172.37M 167.25M 172.47M 173.6M 172.5M
Total liabilities 112.98M 108.05M 113.4M 113.4M 116.42M
Total equity 59.39M 59.19M 59.07M 60.21M 56.08M
Cash & equivalents 39M 38.63M 46.22M 40.97M 41.06M
Current assets 60.39M 56.68M 60.5M 60.74M 60.46M
Current liabilities 63.7M 62.38M 65.53M 63.17M 65.61M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 4.75M -1.46M 6.03M 344K 5.74M
Investing cash flow -5.02M -6.26M -1.87M -4.1M 5.08M
Financing cash flow 628K 51K -2.53M 3.67M -1.59M
Change in cash 367K -7.68M 1.62M -88K 9.23M
Kind Filing Date Link
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edgar index SCHEDULE 13G/A — ThredUp Inc. View Filing
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