ThredUp Announces First Quarter 2026 Results

$TDUPPress releaseMay 4, 2026, 4:05 PM ETRead the release

ThredUp reported Q1 revenue of $81.7 million, up 15% year-over-year, and raised its full-year 2026 outlook for revenue, gross margin, and Adjusted EBITDA. The platform achieved a record 1.71 million active buyers, a 25% increase, while maintaining a gross margin of 79.2%.

Key figures

Revenue: $81.7 million
Guidance: FY26 Revenue $351.2M-$356.2M (+14% YoY), Gross Margin 78.5%-79.5%, Adj EBITDA margin ~6.1%
Revenue Yoy: 15%
Gross margin: 79.2%
Active buyers: 1.71 million
Active buyers growth: 25%

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