ThredUp (TDUP) Asset Utilization Ratio (2021 - 2026)
ThredUp (TDUP) posted quarterly Asset Utilization Ratio of 1.89 for Q1 2026, up 21.85% year-over-year from 1.55 in Q1 2025, and up 3.37% quarter-over-quarter from 1.83 in Q4 2025.
ThredUp (TDUP) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
ThredUp (TDUP) has reported Asset Utilization Ratio for 6 consecutive years, with 1.89 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 21.85% year-over-year to 1.89; the TTM figure through Mar 2026 stood at 1.89 (up 21.85% YoY), while the FY2025 annual figure was 1.84, up 48.74% from the prior year.
- Asset Utilization Ratio improved to 1.89 in Q1 2026 per TDUP's latest filing, from 1.83 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.89 in Q1 2026 and bottomed at 0.74 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 1.2 across 5 years, with a median of 1.0 in 2023.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio retreated 18.01% — and 2025, when it jumped 82.62%.
- ThredUp's Asset Utilization Ratio stood at 0.93 in 2022, then rose by 8.11% to 1.0 in 2023, then soared by 34.24% to 1.35 in 2024, then surged by 35.87% to 1.83 in 2025, then increased by 3.37% to 1.89 in 2026.
- Business Quant data shows TDUP's Asset Utilization Ratio at 1.89 in Q1 2026, 1.83 in Q4 2025, and 1.72 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 1.38 |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | 0.00 |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 0.72 |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 0.81 |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 3.27 |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 0.50 |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 0.67 |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | 2.04 |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | 2,865.04 |
| 10 | ThredUp | 405.79 Mn | 353.36 Mn | 72.52 Mn | 1.95 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.95 |
| Mar 31, 2026 | 1.89 |
| Dec 31, 2025 | 1.83 |
| Sep 30, 2025 | 1.72 |
| Jun 30, 2025 | 1.60 |
| Mar 31, 2025 | 1.55 |
| Dec 31, 2024 | 1.35 |
| Sep 30, 2024 | 0.94 |
| Jun 30, 2024 | 0.97 |
| Mar 31, 2024 | 1.00 |
| Dec 31, 2023 | 1.00 |
| Sep 30, 2023 | 1.15 |
| Jun 30, 2023 | 1.04 |
| Mar 31, 2023 | 0.98 |
| Dec 31, 2022 | 0.93 |
| Sep 30, 2022 | 0.87 |
| Jun 30, 2022 | 0.81 |
| Mar 31, 2022 | 0.74 |
| Dec 31, 2021 | 0.71 |
| Sep 30, 2021 | 0.67 |