Earnings ·
ThredUp Inc. reported second quarter 2026 financial results on August 5, 2026, achieving record quarterly revenue of…
TDUPThredUp Inc.
ThredUp Inc. reported second quarter 2026 financial results on August 5, 2026, achieving record quarterly revenue of $90.8 million, a 17% year-over-year increase. Gross profit rose 17% to $72.5 million with a gross margin of 79.9%. The company reported a net loss of $5.9 million and Adjusted EBITDA of $4.8 million, up from $3.0 million in the prior year period. Active Buyers reached a record 1.77 million, representing a 21% increase year-over-year. ThredUp updated its financial outlook for the remainder of 2026, citing ongoing economic uncertainty affecting price-sensitive buyers. The company operates in the online resale industry, functioning as a managed marketplace for apparel, shoes, and accessories.