THREDUP INC.CL.A DL-,0001

ThredUp reported Q2 2026 revenue of $90.77 million, increased active buyers and orders, but lowered its 2026 revenue midpoint guidance from $353.7 million to $346.4 million. The company cited more price-sensitive customers, an expected revenue hit of about $7 million from increased promotions, and quarterly revenue 5.4% below analyst estimates. GAAP loss per share missed consensus and near-term EBITDA margins remain under pressure, prompting a sharp premarket drop in the stock. » More on de.investing.com

ThredUp’s annual resale report forecasts global secondhand clothing sales of $289bn this year and average annual growth of about 9% to $393bn over five years, driven by platforms like Vinted, Depop and Vestige. Resale now represents roughly a tenth of global clothing sales, with Gen Z and millennials expected to drive 70% of growth. AI and social media are improving product discovery and reducing friction between spotting and buying items, while some marketplaces still struggle with profitability despite strong top-line growth. » More on theguardian.com

ThredUp posted Q4 2025 revenue of $79.7 million, up 18% YoY, with gross profit of $63.4 million and a reduced loss of $5.6 million. Full-year revenue rose 20% to $310.8 million, losses narrowed to $20.2 million and adjusted EBITDA improved to $13.5 million, while active buyers grew 30% to 1.65 million and orders rose 25% to 6.08 million. The company expects Q1 2026 revenue of $79.5–$80.5 million and full-year revenue of $349–$355 million with gross margins around 78–79% and adjusted EBITDA margins near 6%, citing buyer expansion, supply quality and AI-driven innovation as growth drivers. » More on finance.yahoo.com