---
schema_version: "secwatch.filing_event.v1"
accession: "0001484778-24-000115"
form_type: "8-K"
ticker: "TDUP"
cik: "0001484778"
company_name: "ThredUp Inc."
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T13:04:25.581485+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ThredUp Q2 revenue $79.8M (-4% YoY); Europe exit; guides FY2024 $298-302M

## Summary
- Q2 revenue $79.8M (down 4% YoY); U.S. flat at $66.7M, Europe down 18% to $13.0M.
- Gross margin improved to 70.4% (up 300bps); net loss narrowed to $14.0M from $18.8M.
- Evaluating strategic alternatives to exit European (Remix) business; FY2023 Remix revenue $63.5M, gross margin 24.2%.
- Active Buyers 1.666M (-3%), Orders 1.686M (-6%); cash and securities $60.7M.
- Q3 guidance: revenue $69-71M, U.S. adj. EBITDA margin (1%)-1%; FY2024 revenue $298-302M.

## SEC filing metadata
- accession: 0001484778-24-000115
- form_type: 8-K
- ticker: TDUP
- cik: 0001484778
- company_name: ThredUp Inc.
- filed_at: 2024-08-05T23:59:59+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/1484778/000148477824000115/0001484778-24-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1484778/000148477824000115/tdup-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001484778-24-000115
- JSON: https://secwatch.observer/filing/0001484778-24-000115.json
- Plain text: https://secwatch.observer/filing/0001484778-24-000115.txt

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