ThredUp reported Q4 2025 revenue of USD 79.7 million (+18.0% YoY) with gross profit of USD 63.4 million (+17.0% YoY) and gross margin of 79.6%. Loss from continuing operations was USD 5.6 million, while adjusted EBITDA from continuing operations was USD 2.9 million (3.7% margin). Active buyers reached a record 1.65 million (+30.0% YoY) and orders were 1.56 million (+27.0% YoY). ThredUp ended the quarter with USD 53.1 million in cash and cash equivalents, restricted cash, and marketable securities, and said it achieved positive annual total cash flows of USD 3.1 million for the first time. For FY 2025, revenue was USD 310.8 million (+20.0% YoY), gross profit was USD 246.8 million (+19.0% YoY) and gross margin was 79.4%. Loss from continuing operations was USD 20.2 million and adjusted EBITDA from continuing operations was USD 13.5 million (4.4% margin). Active buyers were 1.65 million (+30.0% YoY) and orders were 6.08 million (+25.0% YoY). CEO James Reinhart said the company is focused on “sustained, profitable growth” in 2026 through full-funnel buyer growth, high-quality supply, and AI-driven innovation. ThredUp guided for Q1 2026 revenue of USD 79.5 million to USD 80.5 million, gross margin of 78.0% to 79.0%, and adjusted EBITDA margin of approximately 3.0%, and for FY 2026 revenue of USD 349.0 million to USD 355.0 million, gross margin of 78.0% to 79.0%, and adjusted EBITDA margin of approximately 6.0%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ThredUp Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603021604PRIMZONEFULLFEED9664242) on March 02, 2026, and is solely responsible for the information contained therein.