---
schema_version: "secwatch.filing_event.v1"
accession: "0001484778-22-000186"
form_type: "8-K"
ticker: "TDUP"
cik: "0001484778"
company_name: "ThredUp Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T19:57:46.617883+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ThredUp Q3 revenue $67.9M (+7% YoY); net loss widens to $23.7M; guides Q4 revenue $62-64M

## Summary
- Revenue $67.9M (+7% YoY); gross margin 65.5% vs 72.8% YoY.
- Net loss $23.7M (34.8% of revenue) vs $14.7M (23.3%) YoY; adjusted EBITDA loss $11.0M.
- Active buyers 1.7M (+18% YoY); orders 1.6M (+24% YoY).
- Q4 guidance: revenue $62-64M, gross margin 62-64%, adj. EBITDA loss margin 14.5%-16.5%.
- Full-year 2022 revenue guidance $279-281M; adj. EBITDA loss margin 17.0%-16.5%.

## SEC filing metadata
- accession: 0001484778-22-000186
- form_type: 8-K
- ticker: TDUP
- cik: 0001484778
- company_name: ThredUp Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1484778/000148477822000186/0001484778-22-000186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1484778/000148477822000186/tdup-20221114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001484778-22-000186
- JSON: https://secwatch.observer/filing/0001484778-22-000186.json
- Plain text: https://secwatch.observer/filing/0001484778-22-000186.txt

## Key facts
- Earnings Releases
  ThredUp Inc. reported third quarter ended September 30, 2022 results: revenue Total revenue of $67.9 million, net income Net loss was $23.7 million. Guidance initiated.
  - Period: third quarter ended September 30, 2022
  - Revenue: Total revenue of $67.9 million
  - Net income: Net loss was $23.7 million
  - Guidance: initiated
  - Result: reported results
  source text: Third Quarter 2022 Financial Highlights • Revenue: Total revenue of $67.9 million, an increase of 7% year-over-year. • Gross Profit and Gross Margin: Gross profit totaled $44.5 million, representing a decline of 3% year-over-year. Gross margin was 65.5% as compared to 72.8% in the third quarter last year. • Net Loss: Net loss was $23.7 million, or a negative 34.8% of revenue, for the third quarter 2022, compared to a net loss of $14.7 million, or a negative 23.3% of revenue, for the third quarter 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1484778/000148477822000186/0001484778-22-000186-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.