thredUP Q3 revenue $63.3M (+35% YoY); gross margin 73%; guides Q4 $69-71M

ThredUp Inc.

2021-Q3 EPS reported -$0.65 revenue$178,913,000

Q3 revenue $63.3M (+35% YoY); gross profit $46.1M (+41%); gross margin 73% vs 70% a year ago.
Net GAAP loss $14.7M (23% of revenue); Adjusted EBITDA loss $7.8M (12.4% margin, improved from 15.9% loss in Q3 2020).
Active Buyers 1.4M (+14% YoY); Orders 1.3M (+28% YoY); new RaaS programs with adidas, Crocs, Michael Stars.
Q4 guidance: revenue $69-71M; gross margin 65-67%; Adjusted EBITDA margin loss 15-17%.
Closed Remix acquisition in Oct to enter Europe; announced Texas distribution center to more than double capacity.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.