Growth Metrics

ThredUp (TDUP) Gross Margin: 2020-2025

Historic Gross Margin for ThredUp (TDUP) over the last 6 years, with Q3 2025 value amounting to 79.37%.

  • ThredUp's Gross Margin rose 1100.0% to 79.37% in Q3 2025 from the same period last year, while for Sep 2025 it was 79.57%, marking a year-over-year decrease of 97000.0%. This contributed to the annual value of 79.65% for FY2024, which is 28800.0% up from last year.
  • As of Q3 2025, ThredUp's Gross Margin stood at 79.37%, which was up 1100.0% from 79.5% recorded in Q2 2025.
  • Over the past 5 years, ThredUp's Gross Margin peaked at 195.89% during Q4 2023, and registered a low of 63.05% during Q4 2022.
  • Its 5-year average for Gross Margin is 79.29%, with a median of 72.85% in 2021.
  • Per our database at Business Quant, ThredUp's Gross Margin skyrocketed by 1328400bps in 2023 and then plummeted by -1154700bps in 2024.
  • ThredUp's Gross Margin (Quarter) stood at 66.12% in 2021, then decreased by -5bps to 63.05% in 2022, then skyrocketed by 211bps to 195.89% in 2023, then plummeted by -59bps to 80.43% in 2024, then dropped by -1bps to 79.37% in 2025.
  • Its Gross Margin was 79.37% in Q3 2025, compared to 79.5% in Q2 2025 and 79.07% in Q1 2025.