ThredUp Inc.

TDUP Consumer Cyclical Internet Retail

ThredUp Inc.’s revenue for fiscal 2025 (year ended December 2025) was $310.8 million, up 19.5% from fiscal 2024. In the quarter to June 2026, revenue grew 16.9%, EPS fell 25.0%, free cash flow grew 160.8% and total debt fell 11.7%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years; insiders bought in the last twelve months.

2.20 0.15 −6.38%
Market cap
$308.6M
P/E
0.0×
Fwd P/E
−52.4×
Dividend yield
—
F-score
5/9
Altman Z
0.88
Beneish M
−3.54
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.57
Total sells 10.23
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 — — — 1 — — — — — — —
Sell 1 3 — — 3 — — 3 — — 3 —
Insider Ownership 19.71%

Capital & Financial Ratios $m

Market Cap 308.64
Revenue 334.30
Net Income (22.23)
Free Cash Flow 1.61
Net Debt (34.71)
Current Ratio 0.99 (below 1: weak)
Debt/Equity 0.29 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (52.40) (negative: loss-making)
P/S ratio 0.85
P/B ratio 4.70
Past 5Y EPS Growth —
This Y EPS Growth 1.28%
Next Y EPS Growth 35.49% (at or above 15%: strong)
Next Y revenue growth 11.58% (at or above 10%: strong)
Next 5Y EPS Growth 28.82% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 29.92%
10-year low 10-year high
P/B against its own 10 years 61.26%
10-year low 10-year high
EV/Sales against its own 10 years 39.31%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 62 44 48 52
Receivables 5 4 2 3
Inventory 3 1 — —
Other 6 9 6 6
94 57 57 61
2023 2024 2025 Q'26
Payables 4 8 10 13
ST’ Debt 4 4 4 —
Other — — — —
77 62 62 62

Compound Annual Growth %

10y 5y 3y
Sales — 10.81% 2.53%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 18.94% (24.94%)

Revenue $m

Mar Jun Sep Dec Year
’26 82 91 — — —
’25 71 78 82 80 311
’24 65 67 62 67 260
’23 76 83 82 18 259
’22 73 76 68 71 288
’21 56 60 63 73 252
’20 48 47 47 43 186
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 5 4 — — —
’25 6 0 6 (1) 11
’24 3 (3) 4 1 5
’23 (4) (10) 0 5 (10)
’22 (7) (18) (12) (15) (52)
’21 1 (10) (5) (21) (35)
’20 (9) 8 (3) (14) (19)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1 2 — — —
’25 4 (3) 2 (3) 0
’24 2 (4) 2 (2) (2)
’23 (10) (17) (1) 5 (23)
’22 (19) (33) (24) (19) (95)
’21 (3) (15) (11) (26) (55)
’20 (14) 2 (7) (19) (39)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.05) (0.05) — — —
’25 (0.04) (0.04) (0.03) (0.04) (0.17)
’24 (0.15) (0.13) (0.22) (0.19) (0.69)
’23 (0.19) (0.18) (0.17) (0.14) (0.68)
’22 (0.21) (0.29) (0.24) (0.19) (0.92)
’21 (0.86) (0.15) (0.15) (0.18) (0.82)
’20 (1.23) (0.61) (0.93) (1.37) (4.14)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — 12.43 0.73 1.16 0.50 1.21

Analyst estimates 2026–2028

Powerpack
High — — — — — 31.86 13.86 4.39 2.42 12.28
People
People Employees — — — — 1,862 2,894 2,416 2,377 1,630 2,132
Revenue/emp, $m — — 0.00 0.00 0.10 0.09 0.12 0.11 0.16 0.15
Income, $m
Income, $m Revenue — — 130 164 186 252 288 259 260 311
Gross margin, % — — 60.22 68.68 68.89 70.75 66.70 76.78 79.65 79.39
EBT — — (34) (38) (48) (63) (92) (52) (40) (20)
EBT margin, % — — (26.36) (23.30) (25.71) (25.06) (31.99) (20.25) (15.37) (6.48)
Net income — 0 (34) (38) (48) (63) (92) (52) (40) (20)
Depreciation — — 4 4 10 13 21 19 22 18
Per share, $
Per share, $ Revenue — — 12.92 15.96 16.08 3.27 2.89 2.46 2.32 2.55
Earnings — — (3.41) (3.72) (4.14) (0.82) (0.92) (0.68) (0.69) (0.17)
Cash flow — — (2.24) (0.98) (1.65) (0.45) (0.52) (0.09) 0.04 0.09
Capex — — (1.39) (0.93) (1.68) (0.26) (0.43) (0.12) (0.06) (0.09)
Free cash flow — — (3.63) (1.91) (3.33) (0.71) (0.96) (0.22) (0.01) 0.00
Book value — — 0.00 6.20 2.15 2.67 1.40 0.99 0.50 0.49
Shares, m — — 10 10 12 77 100 105 112 122
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S — — 1.24 1.24 1.24 3.91 0.41 0.92 0.60 2.50
P/B — — 0.00 0.00 0.00 4.78 0.84 2.29 2.76 13.14
EV/Sales — — 1.08 1.08 1.08 3.23 0.15 0.78 0.51 2.41
EV/FCF — — (5.22) (5.22) (5.22) (14.83) (0.45) (8.79) (79.39) 4,153.57
Cash, $m
Cash, $m Operating cash flow — — (22) (10) (19) (35) (52) (10) 5 11
Capex — — (14) (10) (19) (20) (43) (13) (7) (10)
Free cash flow — — (36) (20) (39) (55) (95) (23) (2) 0
Balance, $m
Balance, $m Working capital — — (5) 51 13 139 50 17 (5) (6)
Total debt — — 9 17 34 35 30 26 22 18
Net debt — — (6) (68) (30) (170) (75) (37) (22) (30)
Shareholders’ equity — — — 64 25 206 140 104 56 59
Returns, %
Returns, % ROA — — 0.00 (62.33) (36.07) (25.08) (27.85) (25.82) (36.56) (11.94)
ROIC — — 0.00 0.00 0.00 (110.66) (86.39) (49.20) (74.38) (46.52)
ROE — — 20.30 22.69 23.62 768.42 (53.38) (58.42) (96.10) (35.00)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

ThredUp Inc. vs peers in Internet Retail (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
HEPS D-MARKET Electronic Services & Trading Unsponsored ADR $975.2M — (loss-making) — (loss-making) +16.17% (above 0%: growing) n/m −62.03% (below 0%: shrinking) 37.80% (3.04%) Compare
JMIA Jumia Technologies $761.1M — (loss-making) — (loss-making) +13.91% (above 0%: growing) n/m +4.91% (above 0%: growing) 59.10% (23.81%) Compare
RERE ATRenew Inc. Sponsored ADR $519.0M 13.5× 10.6× +39.80% (above 0%: growing) +100.00% (above 0%: growing) −609.63% (below 0%: shrinking) 21.03% 2.70% Compare
TDUP ThredUp Inc. $308.6M — (loss-making) — (loss-making) +16.88% (above 0%: growing) n/m +160.75% (above 0%: growing) 79.90% (6.73%)
ZKH ZKH Group Limited Unsponsored ADR $244.5M — (loss-making) 44.6× +19.07% (above 0%: growing) n/m +92.81% (above 0%: growing) 17.58% 0.16% Compare
NEGG Newegg Commerce, Inc. $238.3M — (loss-making) — (loss-making) −8.23% (below 0%: shrinking) n/m +138.92% (above 0%: growing) 12.40% 0.44% Compare
BZUN Baozun Inc. $197.1M — (loss-making) 5.2× +13.45% (above 0%: growing) n/m +151.68% (above 0%: growing) 75.11% 2.31% Compare
LOGC ContextLogic Inc. $194.0M — (loss-making) — (loss-making) +380.00% (above 0%: growing) n/m −115.15% (below 0%: shrinking) 37.20% (5.95%) Compare
NXH Neighborhood Intelligence, Inc. $187.4M — (loss-making) — (loss-making) +27.96% (above 0%: growing) n/m −409.18% (below 0%: shrinking) 26.77% (11.87%) Compare
Median of peers $241.4M — 10.6× +17.62% — −28.56% 31.98% (1.44%)

All 42 Internet Retail stocks →

ThredUp Inc. (TDUP) key facts

  • Strength: ThredUp Inc.’s revenue for fiscal 2025 (year ended December 2025) was $310.8 million, up 19.5% from fiscal 2024.
  • ThredUp Inc. (TDUP) is an Internet Retail company in the Consumer Cyclical sector, listed on Nasdaq.
  • As of October 16, 2026, TDUP traded at $2.20, a market capitalization of $308.6 million.
  • Return on equity was −35.0% and debt-to-equity 0.29.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 0.88 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

ThredUp Inc. (TDUP) Latest News

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stockrow.com/TDUP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com