---
schema_version: "secwatch.filing_event.v1"
accession: "0001484778-23-000054"
form_type: "8-K"
ticker: "TDUP"
cik: "0001484778"
company_name: "ThredUp Inc."
filed_at: "2023-03-06T23:59:59+00:00"
generated_at: "2026-06-18T11:25:47.038164+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ThredUp Q4 revenue $71.3M (-2% YoY); net loss $19.5M; guides Q1 rev $71-73M

## Summary
- Q4 revenue $71.3M, down 2% YoY; gross margin 63.1% vs 66.1% prior year.
- GAAP net loss $19.5M (27.3% of revenue) vs $17.9M (24.6%) in Q4 2021.
- Adjusted EBITDA loss improved to $5.8M (8.2% margin) from $10.5M (14.5%).
- Active Buyers 1.65M (-2.4% YoY); Orders 1.55M (-8.2% YoY).
- FY2023 guidance: revenue $310-320M, gross margin 66-68%, adj EBITDA loss margin 8-6%.

## SEC filing metadata
- accession: 0001484778-23-000054
- form_type: 8-K
- ticker: TDUP
- cik: 0001484778
- company_name: ThredUp Inc.
- filed_at: 2023-03-06T23:59:59+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/1484778/000148477823000054/0001484778-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1484778/000148477823000054/tdup-20230306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001484778-23-000054
- JSON: https://secwatch.observer/filing/0001484778-23-000054.json
- Plain text: https://secwatch.observer/filing/0001484778-23-000054.txt

## Key facts
- Earnings Releases
  ThredUp Inc. reported the full year ended December 31, 2022 results: revenue $288.4 million, net income GAAP net loss attributable to common stockholders of $92.3 million.
  - Period: the full year ended December 31, 2022
  - Revenue: $288.4 million
  - Net income: GAAP net loss attributable to common stockholders of $92.3 million
  - Result: reported results
  source text: revenue of $71.3 million, representing a 2% decline year-over-year. Fourth quarter gross margin of 63.1% and gross profit decline of 7% year-over-year. • Full year revenue of $288.4 million, representing 15% growth year-over-year. Full year gross margin of 66.7% and gross profit growth of 8% year-over-year. • Active Buyers of 1.7 million and Orders of 1.5 million in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1484778/000148477823000054/0001484778-23-000054-index.htm
- Earnings Releases
  ThredUp Inc. reported the quarter ended December 31, 2022 results: revenue $71.3 million, net income GAAP net loss attributable to common stockholders was $19.5 million.
  - Period: the quarter ended December 31, 2022
  - Revenue: $71.3 million
  - Net income: GAAP net loss attributable to common stockholders was $19.5 million
  - Result: reported results
  source text: regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- thredUP Announces Fourth Quarter and Full Year 2022 Results • Quarterly revenue of $71.3 million, representing a 2% decline year-over-year. Fourth quarter gross margin of 63.1% and gross profit decline of 7% year-over-year. • Full year revenue of $288.4 million, representing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1484778/000148477823000054/0001484778-23-000054-index.htm

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