---
schema_version: "secwatch.filing_event.v1"
accession: "0001484778-25-000021"
form_type: "8-K"
ticker: "TDUP"
cik: "0001484778"
company_name: "ThredUp Inc."
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-25T17:28:56.213769+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ThredUp Q4 rev $67.3M (+9% YoY); record 80.4% gross margin; Adj EBITDA $5.0M

## Summary
- Q4 revenue $67.3M (+9% YoY); gross margin 80.4% (record); loss from continuing ops $8.1M.
- Full-year 2024 revenue $260.0M (+1% YoY); gross margin 79.7%; Adj EBITDA $8.7M vs -$5.3M in 2023.
- Q4 Active Buyers 1,274K (-6% YoY); Orders 1,226K (+2% YoY); new buyer conversion hit all-time high.
- Completed divestiture of European business Remix; retains minority stake after $2M final cash investment.
- Q1 2025 guidance: rev $67.5-69.5M (+6% YoY midpoint); gross margin 77-79%; Adj EBITDA margin 2.5-3.5%.

## SEC filing metadata
- accession: 0001484778-25-000021
- form_type: 8-K
- ticker: TDUP
- cik: 0001484778
- company_name: ThredUp Inc.
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1484778/000148477825000021/0001484778-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1484778/000148477825000021/tdup-20250303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001484778-25-000021
- JSON: https://secwatch.observer/filing/0001484778-25-000021.json
- Plain text: https://secwatch.observer/filing/0001484778-25-000021.txt

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