ThredUp Q1 revenue $71.3M (+10% YoY); raises FY2025 guidance

ThredUp Inc.

2025-Q1 EPS reported -$0.04 revenue$71,291,000

Record quarterly revenue of $71.3M (+10% YoY); gross margin 79.1% vs 80.1% YoY.
Loss from continuing ops improved to -$5.2M (-7.3% rev) from -$12.2M (-18.9%) a year ago.
Adjusted EBITDA from continuing ops $3.8M (5.3% margin), up from $1.9M (2.9%) YoY.
Active Buyers 1.37M (+6% YoY); new buyer acquisition up 95% YoY, best quarter ever.
FY2025 revenue outlook raised to $281-291M; Adj EBITDA margin target ~4.0%.

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