ThredUp Inc. (TDUP) Cost of Revenue (2020 - 2026)

ThredUp has disclosed Cost of Revenue across 7 years of filings, most recently posting $17.0 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 29.43% year-over-year to $17.0 million; the TTM figure through Mar 2026 stood at $62.8 million (up 23.4% YoY), while the FY2025 annual figure was $59.0 million, up 21.26% from the prior year.
• Cost of Revenue improved to $17.0 million in Q1 2026, from $13.4 million in the prior quarter.
• Over the last five years, Cost of Revenue for TDUP reached as high as $24.8 million in Q1 2023 and fell as low as -$25.8 million in Q4 2023.
• The 5-year median for Cost of Revenue is $14.8 million (2022), against an average of $12.5 million.
• Annual changes were most pronounced in 2023 — Cost of Revenue plunged 384.76% — and 2024, when it surged 145.05%.
• A 5-year view of Cost of Revenue shows it stood at -$5.3 million in 2022, then tumbled by 384.76% to -$25.8 million in 2023, then soared by 145.05% to $11.6 million in 2024, then grew by 15.74% to $13.4 million in 2025, then gained by 26.5% to $17.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $17.0 million, $13.4 million, and $16.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.