ThredUp Inc. (TDUP) — Financial statements
Income statement, balance sheet, and cash flow for ThredUp Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 311↑19.5% | 260↑0.6% | 259↓10.4% | 288↑14.5% | 252 | |
| Cost of Revenue | 64↑21.1% | 53↓11.9% | 60↓37.5% | 96↑30.4% | 74 | |
| Gross Profit | 247↑19.1% | 207↑4.4% | 198↑3.2% | 192↑8.0% | 178 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 57↓0.4% | 57↑0.3% | 57↓8.2% | 62↑26.6% | 49 | |
| Selling & Marketing Expenses | 59↑21.3% | 49↓5.3% | 51↓20.2% | 64↑1.2% | 64 | |
| SG&A Expenses | 116↑9.6% | 106↓2.4% | 108↓14.3% | 126↑12.2% | 112 | |
| Other Expenses | 151↑6.4% | 142↓0.8% | 143↓7.9% | 156↑21.5% | 128 | |
| Operating Expenses | 267↑7.8% | 248↓1.5% | 251↓10.8% | 282↑17.2% | 241 | |
| Total Costs & Expenses | 331↑10.1% | 301↓3.5% | 312↓17.6% | 378↑20.3% | 314 | |
| Operating Results | ||||||
| Operating Income | -20↑50.2% | -41↑23.4% | -53↑40.8% | -89↓43.4% | -62 | |
| Depreciation & Amortization | 13↓25.4% | 17↑21.8% | 14↑1.4% | 14↑53.3% | 9 | |
| EBITDA | -5↑73.6% | -20↑43.9% | -36↑53.7% | -77↓49.8% | -52 | |
| EBIT | -18↑51.3% | -37↑25.3% | -50↑45.2% | -91↓50.3% | -61 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2↑24.0% | -3↓12.8% | -2↓178.1% | -0.81↑64.6% | -2 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 2↓24.0% | 3↑12.8% | 2↑178.1% | 0.81↓64.6% | 2 | |
| Non-Operating Income | -2↑37.7% | -3↓9.4% | -3↓248.2% | 2↑225.0% | -2 | |
| Other Income / Expenses | 0.06↓90.9% | 0.65↓1.8% | 0.66↑123.9% | -3↓289.0% | -0.71 | |
| Income Before Tax | -20↑49.6% | -40↑23.6% | -52↑43.3% | -92↓46.2% | -63 | |
| Income Tax Expense | 0.06↑103.4% | 0.03↑52.6% | 0.02↓45.7% | 0.04↓56.3% | 0.08 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -20↑49.5% | -40↑23.6% | -52↑43.3% | -92↓46.1% | -63 | |
| Net Income from Discontinued Operations | 0.00↑100.0% | -37↓95.8% | -19 | 0.00 | 0.00 | |
| Net Income | -20↑73.7% | -77↓8.1% | -71↑22.8% | -92↓46.1% | -63 | |
| Bottom-Line Net Income | -20↑73.7% | -77↓8.1% | -71↑22.8% | -92↓46.1% | -63 | |
| EPS (Basic) | -0.17↑75.4% | -0.69↓1.5% | -0.68↑26.1% | -0.92↓12.2% | -0.82 | |
| EPS (Diluted) | -0.17↑75.4% | -0.69↓1.5% | -0.68↑26.1% | -0.92↓12.2% | -0.82 | |
| Weighted Average Shares | 122↑8.7% | 112↑6.8% | 105↑5.1% | 100↑29.5% | 77 | |
| Weighted Average Diluted Shares | 122↑8.7% | 112↑6.8% | 105↑5.1% | 100↑29.5% | 77 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.