ThredUp Q1 revenue up 15% to $81.7M, active buyers record 1.71M, raises FY26 guidance

ThredUp Inc.

2026-Q1 EPS reported -$0.05 revenue$81,671,000

Revenue $81.7M (+15% YoY); gross margin 79.2% vs 79.1% a year ago; net loss $6.5M vs $5.2M.
Adjusted EBITDA $2.7M (3.4% of revenue) vs $3.8M (5.3%) in Q1 2025; cash $54.4M.
Active buyers record 1.71M (+25% YoY); orders 1.64M (+19% YoY).
Raised FY26 outlook: revenue $351-356M (+14% at midpoint), gross margin 78.5-79.5%, Adj EBITDA margin ~6.1%.
Q2 2026 guidance: revenue $89-91M, gross margin 78.5-79.5%, Adj EBITDA margin ~5.2%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ThredUp Inc. updated its full year 2026 guidance (raised).

Period: full year 2026
Guidance: raised
Result: guidance update

Exact text from the filing

Issued a revised full year 2026 financial outlook, raising expectations for Revenue, Gross Margin and Adjusted EBITDA margin

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ThredUp Inc. reported first quarter ended March 31, 2026 results: revenue $81.7 million, net income $6.5 million. Guidance raised.

Period: first quarter ended March 31, 2026
Revenue: $81.7 million
Net income: $6.5 million
Guidance: raised
Result: reported results

Exact text from the filing

Exchange Act, regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- ThredUp Announces First Quarter 2026 Results • Quarterly revenue of $81.7 million, representing an increase of 15% year-over-year • Quarterly gross margin of 79.2% and an increase in gross profit of 15% year-over-year • Record Active Buyers of 1.71 million,

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ThredUp Inc. filing history →

Source: SEC EDGAR

accession 0001484778-26-000015

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