earnings
confidence high
sentiment positive
materiality 0.65
ThredUp Q4 revenue $79.7M (+18% YoY); first full-year positive cash flow
ThredUp Inc.
- Q4 revenue $79.7M (+18% YoY), gross margin 79.6%, loss from cont. ops $5.6M vs $8.1M loss a year ago.
- Full year 2025 revenue $310.8M (+20% YoY); Adj. EBITDA $13.5M (4.4% margin) vs $8.7M (3.3%) prior year.
- Record Active Buyers of 1.65M (+30% YoY); Orders 1.56M (+27% YoY) in Q4.
- FY2026 guidance: revenue $349-355M (midpoint +13% YoY), Adj. EBITDA margin ~6%.
- Cash & equivalents $53.1M; first positive annual total cash flow of $3.1M.