ThredUp Inc. (TDUP) Form 10-Q — Aug 5, 2026
ThredUp filed its Q2 2026 Form 10-Q reporting revenue of $90.8 million, up 16.9% year over year, driven by a 21.9% increase in orders and 20.9% growth in active buyers to 1.8 million. Non-GAAP adjusted EBITDA rose 58.4% year over year to $4.8 million, or 5.3% of revenue, while the GAAP net loss widened 14.7% to $5.9 million as operations, product, and technology costs grew 20.2%, outpacing revenue growth.
Key figures
- Revenue
- 90767000
- Total Debt
- 17722000
- Revenue Yoy
- 16.9%
- Total Assets
- 170142000
- Cash Position
- 42169000
- Orders Q2
- 1871000
- H1 Revenue
- 172438000
- Gross Margin Q2
- 79.9%
- Gross Profit Q2
- 72524000
- Active Buyers Q2
- 1771000
- Order Growth Yoy
- 21.9%
- H1 Revenue Growth
- 15.8%
- Adjusted Ebitda Q2
- 4779000
- Adjusted Ebitda Yoy
- 58.4%
- H1 Operating Cash Flow
- 9204000
- Active Buyer Growth Yoy
- 20.9%
- Adjusted Ebitda Margin Q2
- 5.3%
- Class AShares Outstanding
- 111010151
- Class BShares Outstanding
- 20323499
- Term Loan Available To Draw
- 10000000
- Stock Based Compensation Q2
- 5925000
- Average Order Value Change Yoy
- -2.9%
- Cash Restricted Cash And Marketable Securities
- 57400000
Price after filing
1 day: 0.0%7 days: -50.1%30 days: -56.7%
Close on the filing date to close N calendar days later (from $6.17). Historical, not a forecast.
AI analysis
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