---
schema_version: "secwatch.filing_event.v1"
accession: "0001484778-25-000049"
form_type: "8-K"
ticker: "TDUP"
cik: "0001484778"
company_name: "ThredUp Inc."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T17:08:07.655732+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001484778-25-000049
- form_type: 8-K
- ticker: TDUP
- cik: 0001484778
- company_name: ThredUp Inc.
- filed_at: 2025-05-05T23:59:59+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/1484778/000148477825000049/0001484778-25-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1484778/000148477825000049/tdup-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001484778-25-000049
- JSON: https://secwatch.observer/filing/0001484778-25-000049.json
- Plain text: https://secwatch.observer/filing/0001484778-25-000049.txt

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