Growth Metrics

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

ThredUp (TDUP) reported Cost of Revenue of $17.0 million for Q1 2026, up 29.43% year-over-year from $13.1 million in Q1 2025, and up 26.5% on a QoQ basis from $13.4 million in Q4 2025.

ThredUp (TDUP) has 7 years of Cost of Revenue data on file, last reported at $17.0 million in Q1 2026.

  • Quarterly Cost of Revenue rose 29.43% year-over-year to $17.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $62.8 million (up 23.4% YoY) and the FY2025 annual result came in at $59.0 million, up 21.26% from the prior year.
  • Cost of Revenue climbed to $17.0 million in Q1 2026 per TDUP's latest filing, from $13.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $24.8 million in Q1 2023 and bottomed at -$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.
  • The widest annual swing landed in 2023, when Cost of Revenue plunged 384.76%; it then soared 145.05% in 2024.
  • Tracing TDUP's Cost of Revenue over 5 years: stood at -$5.3 million in 2022, then tumbled by 384.76% to -$25.8 million in 2023, then jumped by 145.05% to $11.6 million in 2024, then advanced by 15.74% to $13.4 million in 2025, then increased by 26.5% to $17.0 million in 2026.
  • Per Business Quant, the three latest TDUP Cost of Revenue figures stand at $17.0 million (Q1 2026), $13.4 million (Q4 2025), and $16.2 million (Q3 2025).

Historic Data

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DateValue
Mar 31, 2026 17.01 Mn
Mar 31, 2026 17.01 Mn
Dec 31, 2025 13.45 Mn
Dec 31, 2025 13.45 Mn
Sep 30, 2025 16.19 Mn
Sep 30, 2025 16.19 Mn
Jun 30, 2025 16.21 Mn
Jun 30, 2025 16.21 Mn
Mar 31, 2025 13.14 Mn
Mar 31, 2025 13.14 Mn
Dec 31, 2024 11.62 Mn
Dec 31, 2024 11.62 Mn
Sep 30, 2024 12.91 Mn
Sep 30, 2024 12.91 Mn
Jun 30, 2024 13.26 Mn
Jun 30, 2024 13.26 Mn
Mar 31, 2024 10.85 Mn
Mar 31, 2024 10.85 Mn
Dec 31, 2023 -25.79 Mn
Dec 31, 2023 -25.79 Mn
Sep 30, 2023 19.41 Mn
Sep 30, 2023 19.41 Mn
Jun 30, 2023 18.64 Mn
Jun 30, 2023 18.64 Mn
Mar 31, 2023 24.83 Mn
Mar 31, 2023 24.83 Mn
Dec 31, 2022 -5.32 Mn
Dec 31, 2022 -5.32 Mn
Sep 30, 2022 14.75 Mn
Sep 30, 2022 14.75 Mn
Jun 30, 2022 23.77 Mn
Jun 30, 2022 23.77 Mn
Mar 31, 2022 16.98 Mn
Mar 31, 2022 16.98 Mn
Dec 31, 2021 15.28 Mn
Dec 31, 2021 15.28 Mn
Sep 30, 2021 17.18 Mn
Sep 30, 2021 17.18 Mn
Jun 30, 2021 15.96 Mn
Jun 30, 2021 15.96 Mn
Mar 31, 2021 15.45 Mn
Mar 31, 2021 15.45 Mn
Dec 31, 2020 13.70 Mn
Dec 31, 2020 13.70 Mn
Sep 30, 2020 10.61 Mn
Sep 30, 2020 10.61 Mn
Jun 30, 2020 10.90 Mn
Jun 30, 2020 10.90 Mn
Mar 31, 2020 13.00 Mn
Mar 31, 2020 13.00 Mn