Thredup Inc Class A (TDUP) financials
Thredup revenue and earnings by year
Thredup's revenue was $311 million in the fiscal year to December 31, 2025, up 19.5% from the year before. Net income was -$20.2 million, -6.5% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 13.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 311 | 260 | 259 | 288 | 252 | 186 | 164 | 130 |
| Revenue growth | 19.5% | 0.6% | -10.4% | 14.5% | 35.4% | 13.6% | 26.4% | — |
| Gross profit | 247 | 207 | 198 | 192 | 178 | 128 | 113 | 78 |
| Gross margin | 79.4% | 79.7% | 76.8% | 66.7% | 70.7% | 68.9% | 68.7% | 60.2% |
| Operating income | -22 | -41 | -53 | -89 | -62 | -47 | -37 | -34 |
| Operating margin | -7.0% | -15.6% | -20.5% | -31.0% | -24.8% | -25.0% | -22.5% | -26.4% |
| Net income | -20 | -77 | -71 | -92 | -63 | -48 | -38 | -34 |
| Net margin | -6.5% | -29.6% | -27.6% | -32.0% | -25.1% | -25.7% | -23.3% | -26.4% |
| Diluted EPS | -$0.17 | -$0.69 | -$0.68 | -$0.92 | -$0.82 | -$4.14 | — | — |
| Free cash flow | 0 | -6 | -36 | -95 | -55 | -39 | -20 | -36 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TDUP in Markets.
See also: TDUP returns
No forecast, no recommendation. This page describes Thredup Inc Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.