ThredUp (TDUP) Intangibles (2021 - 2024)
ThredUp (TDUP) posted quarterly Intangibles of $2.0 million for Q3 2024, down 76.42% year-over-year from $8.5 million in Q4 2023, and down 69.9% quarter-over-quarter from $6.6 million in Q2 2024.
ThredUp (TDUP) Intangibles (2021 - 2024) Analysis & Trends
ThredUp (TDUP) has reported Intangibles for 4 consecutive years, with $2.0 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Intangibles fell 76.42% year-over-year to $2.0 million; the TTM figure through Sep 2024 stood at $2.0 million (down 76.42% YoY), while the FY2023 annual figure was $8.2 million, down 22.32% from the prior year.
- Intangibles declined to $2.0 million in Q3 2024 per TDUP's latest filing, from $6.6 million in the prior quarter.
- Across five years, Intangibles topped out at $13.9 million in Q4 2021 and bottomed at $2.0 million in Q3 2024.
- Historically, Intangibles has averaged $9.3 million across 4 years, with a median of $9.7 million in 2023.
- Annual changes were most pronounced in 2023 — Intangibles declined 17.4% — and 2024, when it slumped 76.42%.
- ThredUp's Intangibles stood at $13.9 million in 2021, then declined by 24.22% to $10.5 million in 2022, then decreased by 22.32% to $8.2 million in 2023, then slumped by 75.54% to $2.0 million in 2024.
- Business Quant data shows TDUP's Intangibles at $2.0 million in Q3 2024, $6.6 million in Q2 2024, and $7.3 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | - |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | 2.17 Mn |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 30.00 Mn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 2.01 Bn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 1.08 Bn |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 9.26 Mn |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | - |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | 167.00 Mn |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | 3,922.00 |
| 10 | ThredUp | 405.79 Mn | 353.36 Mn | 72.52 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 2.00 Mn |
| Jun 30, 2024 | 6.63 Mn |
| Mar 31, 2024 | 7.33 Mn |
| Dec 31, 2023 | 8.16 Mn |
| Sep 30, 2023 | 8.46 Mn |
| Jun 30, 2023 | 9.35 Mn |
| Mar 31, 2023 | 10.04 Mn |
| Dec 31, 2022 | 10.50 Mn |
| Sep 30, 2022 | 10.24 Mn |
| Jun 30, 2022 | 11.52 Mn |
| Mar 31, 2022 | 12.94 Mn |
| Dec 31, 2021 | 13.85 Mn |