In Q1 FY2026 (ended March 31, 2026), ThredUp reported revenue of $81.7M, up 14.6% year-over-year. Net loss narrowed to $6.5M from $8.5M a year ago, a 24.1% improvement. Operating loss was $6.6M, improving 21.3% year-over-year. The company had $39.0M in cash, $59.4M in equity, and $17.7M in long-term debt.
•Revenue grew 14.6% YoY to $81.7M.
•Net loss improved 24.1% YoY to $6.5M.
•Operating loss improved 21.3% YoY to $6.6M.
•Cash stood at $39.0M with long-term debt of $17.7M.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
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. Incorporated in 2009, ThredUp is headquartered in Oakland, California.
ThredUp Inc. 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. Founded in 2009 and headquartered in Oakland, California, ThredUp is a key player in the secondhand fashion market, offering a sustainable alternative to traditional retail by extending the lifecycle of clothing and accessories. The company processes and lists items from sellers, making it easy for buyers to shop for pre-owned goods. ThredUp's business model focuses on the circular economy, reducing waste and promoting reuse in the fashion industry.
Where is ThredUp listed and what currency does it trade in?
ThredUp Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol TDUP. The company's shares are traded in US dollars (USD), reflecting its primary operations and headquarters in the United States. As a US-based company, ThredUp's financial reporting and stock trading are conducted in USD, making it accessible to investors on major US exchanges.
What sector and industry does ThredUp belong to?
ThredUp Inc. operates in the Consumer Cyclical sector, specifically within the Internet Retail industry. This classification indicates that the company's performance is closely tied to the economic cycle, as consumer spending on discretionary items like secondhand apparel tends to fluctuate with economic conditions. As an internet retailer, ThredUp leverages online platforms to facilitate the buying and selling of used clothing, shoes, and accessories, distinguishing itself from traditional brick-and-mortar retailers.
Where is ThredUp headquartered and what markets does it serve?
ThredUp Inc. is headquartered in Oakland, California, United States. The company primarily serves the US market, as its online resale platform operates within the United States. While ThredUp's operations are concentrated in the US, its platform allows consumers across the country to buy and sell secondhand apparel, shoes, and accessories. The company's focus on the US market aligns with its listing on the Nasdaq exchange and its reporting in US dollars.