secwatch.observer — SEC 8-K summary
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Issuer:     ThredUp Inc. (TDUP)
CIK:        0001484778
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0001484778-25-000079
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ThredUp Q2 revenue $77.7M record, loss narrows, full-year guidance raised
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- Revenue $77.7M, up 16.4% YoY; record quarterly revenue driven by 74% new buyer growth.
- Loss from continuing ops improved to $5.2M from $9.4M YoY; operating loss margin 6.8% vs 14.1%.
- Adjusted EBITDA from continuing ops $3.0M (3.9% margin), up from $1.5M (2.2%) YoY.
- Active Buyers 1.465M, up 16.5% YoY; orders 1.535M, up 20.8% YoY.
- FY2025 revenue guidance raised to $298-302M; adjusted EBITDA margin ~4.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484778/000148477825000079/0001484778-25-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484778/000148477825000079/tdup-20250804.htm
  HTML page:      https://secwatch.observer/filing/0001484778-25-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer