ThredUp Q2 revenue up 27% to $76.4M but GAAP net loss widens to $28.4M

ThredUp Inc.

2022-Q2 EPS reported -$0.50 revenue$149,116,000

GAAP net loss of $28.4M ($0.29 diluted EPS) vs. $14.4M ($0.15) year ago; Adjusted EBITDA loss $13.5M (-17.7% margin).
Revenue $76.4M, consignment $48.5M (+0% YoY), product $27.9M (+145% YoY). Gross margin 68.9% vs. 73.6%.
Active buyers 1.7M (+29% YoY), Orders 1.7M (+40% YoY). Record US gross margin of 74.2%.
Q3 guidance revenue $64-66M, gross margin 65-67%; FY2022 revenue $283-287M, margin 67-69%.
RaaS program adds Tommy Hilfiger, PacSun; Noelle Sadler named CMO.

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.