ThredUp Inc.
ThredUp Inc. (TDUP) Financial Performance & Income Statement Overview
Review ThredUp Inc. (TDUP) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
ThredUp Inc. (TDUP) Income Statement & Financial Overview
Explore comprehensive income reports for ThredUp Inc. TDUP, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $71.29M | $27.67M | $73.02M | $79.75M |
| Cost of Revenue | $14.92M | -$16.03M | $21.04M | $28.50M |
| Gross Profit | $56.37M | $43.70M | $51.98M | $51.26M |
| Gross Profit Ratio | $0.79 | $1.58 | $0.71 | $0.64 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $38.92M |
| SG&A Expenses | $13.54M | $13.21M | $29.84M | $31.49M |
| Operating Expenses | $46.88M | $28.45M | $76.85M | $65.67M |
| Total Costs & Expenses | $61.80M | $12.41M | $97.89M | $94.17M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | -$514000.00 | $567000.00 | $629000.00 | $652000.00 |
| Depreciation & Amortization | $457000.00 | $2.83M | $6.16M | $6.29M |
| EBITDA | -$5.21M | $18.69M | -$17.98M | -$7.005M |
| EBITDA Ratio | -$0.07 | $0.68 | -$0.25 | -$0.09 |
| Operating Income | -$5.21M | $13.01M | -$24.87M | -$14.42M |
| Operating Income Ratio | -$0.07 | $0.47 | -$0.34 | -$0.18 |
| Other Income/Expenses (Net) | $57000.00 | $2.28M | $101000.00 | $346000.00 |
| Income Before Tax | -$5.16M | $15.29M | -$24.77M | -$13.95M |
| Income Before Tax Ratio | -$0.07 | $0.55 | -$0.34 | -$0.17 |
| Income Tax Expense | $57000.00 | $8000.00 | $4000.00 | $6000.00 |
| Net Income | -$5.21M | -$21.71M | -$24.77M | -$13.95M |
| Net Income Ratio | -$0.07 | -$0.78 | -$0.34 | -$0.17 |
| EPS | -$0.04 | -$0.19 | -$0.22 | -$0.13 |
| Diluted EPS | -$0.04 | -$0.19 | -$0.22 | -$0.13 |
| Weighted Avg Shares Outstanding | $116.70M | $114.66M | $112.85M | $111.00M |
| Weighted Avg Shares Outstanding (Diluted) | $116.70M | $114.66M | $112.85M | $111.00M |
The company's financials show resilient growth, with revenue advancing from $79.75M in Q2 2024 to $71.29M in Q1 2025. Gross profit remained healthy with margins at 79% in Q1 2025 compared to 64% in Q2 2024. Operating income hit -$5.21M last quarter, sustaining a consistent -7% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$5.21M. Net income rose to -$5.21M, while earnings per share reached -$0.04. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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