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% quarter-over-quarter from $13.4 million in Q4 2025.
ThredUp (TDUP) Cost of Revenue (2020 - 2026) Analysis & Trends
ThredUp (TDUP) has 7 years of Cost of Revenue data on file, last reported at $17.0 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $17.0 million, up 29.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $62.8 million (up 23.4% YoY), and the FY2025 annual result was $59.0 million, up 21.26% from the prior year.
- Cost of Revenue advanced to $17.0 million in Q1 2026 per TDUP's latest filing, from $13.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $24.8 million in Q1 2023 and troughed at -$25.8 million in Q4 2023.
- A 5-year average of $12.5 million and a median of $14.8 million in 2022 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue slumped 384.76% in 2023, then surged 145.05% in 2024.
- A 5-year view of Cost of Revenue shows it stood at -$5.3 million in 2022, then sank 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.
- Business Quant data shows TDUP's Cost of Revenue at $17.0 million in Q1 2026, $13.4 million in Q4 2025, and $16.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 10.31 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 982.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 1.99 Bn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 4.91 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 802.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 6.21 Bn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 19.95 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 2.05 Bn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 230.00 Mn |
| 10 | ThredUp | 685.70 Mn | 636.25 Mn | 64.66 Mn | 17.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |