---
schema_version: "secwatch.filing_event.v1"
accession: "0001484778-26-000005"
form_type: "8-K"
ticker: "TDUP"
cik: "0001484778"
company_name: "ThredUp Inc."
filed_at: "2026-03-02T23:59:59+00:00"
generated_at: "2026-05-15T22:37:12.874258+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ThredUp Q4 revenue $79.7M (+18% YoY); first full-year positive cash flow

## Summary
- 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.

## SEC filing metadata
- accession: 0001484778-26-000005
- form_type: 8-K
- ticker: TDUP
- cik: 0001484778
- company_name: ThredUp Inc.
- filed_at: 2026-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1484778/000148477826000005/0001484778-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1484778/000148477826000005/tdup-20260302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001484778-26-000005
- JSON: https://secwatch.observer/filing/0001484778-26-000005.json
- Plain text: https://secwatch.observer/filing/0001484778-26-000005.txt

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