ThredUp Announces Third Quarter 2026 Results
Key Highlights
- ➤Q3 revenue $88.2 million, up 7% year-over-year
- ➤Q3 net loss widened to $5.5 million from $4.2 million
- ➤Q4 revenue guidance $77.0 million-$79.0 million, down 2% at midpoint
- ➤Full-year revenue guidance $337.7 million-$339.7 million, up 9% at midpoint
- ➤Record active buyers reached 1.82 million, up 16% year-over-year
Expert Statements
James Reinhart, CEO and co-founder of ThredUp
“We're proud to report a record quarter for active buyers, orders and items sold, delivering clear value for our buyers in Q3”
James Reinhart, CEO and co-founder of ThredUp
“Even as we navigate a highly competitive environment, we remain focused on innovating across the product experience to compound our competitive advantages as a managed marketplace”
* Quarterly revenue of $88.2 million, representing an increase of 7% year-over-year * Quarterly gross margin of 78.2% and an increase in gross profit of 6% year-over-year * Record Active Buyers of 1.82 million, representing an increase of 16% year-over-year * Ended the quarter with cash and cash equivalents, restricted cash, and marketable securities of $57.6 million, up $0.2 million from the previous quarter OAKLAND, Calif., Nov. 04, 2026 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today its financial results for the third quarter ended September 30, 2026, and updated its financial outlook for the fourth quarter and full year 2026.
“We're proud to report a record quarter for active buyers, orders and items sold, delivering clear value for our buyers in Q3," said ThredUp CEO and co-founder James Reinhart. “Even as we navigate a highly competitive environment, we remain focused on innovating across the product experience to compound our competitive advantages as a managed marketplace.”
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