Earnings ·
ThredUp reports Q3 revenue of $88.2 million, up 7% year-over-year
TDUPThredUp Inc.
ThredUp Inc. announced financial results for the third quarter ended September 30, 2026, reporting revenue of $88.2 million, a 7% increase from the prior year period. Gross profit totaled $69.0 million with a gross margin of 78.2%, while net loss widened to $5.5 million compared to $4.2 million in the previous quarter. The company recorded record Active Buyers of 1.82 million, up 16% year-over-year, and orders increased 17% to 1.89 million. ThredUp also updated its financial outlook for the fourth quarter and full year 2026, expecting full-year revenue between $337.7 million and $339.7 million. The company operates an online resale platform for apparel, shoes, and accessories.