ThredUp (TDUP) Net Margin (2020 - 2026)

ThredUp (TDUP) reported Net Margin of 7.92% for Q1 2026, up 60.94% quarter-over-quarter from 20.29% in Q4 2024.

ThredUp (TDUP) Net Margin (2020 - 2026) Analysis & Trends

ThredUp (TDUP) has 6 years of Net Margin data on file, last reported at 7.92% in Q1 2026.

  • Net Margin for Q1 2026 came in at 7.92%, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was 2.01% (up 1021.0% YoY), and the FY2024 annual result was 14.22%, down 692.0% from the prior year.
  • Net Margin improved to 7.92% in Q1 2026 per TDUP's latest filing, from 20.29% in the prior quarter.
  • Over five years, Net Margin peaked at 24.15% in Q4 2023 and troughed at 37.16% in Q2 2022.
  • A 4-year average of 18.44% and a median of 22.7% in 2023 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2023 and 2024: Net Margin soared 5149 bps in 2023, then sank 4443 bps in 2024.
  • A 4-year view of Net Margin shows it stood at 27.34% in 2022, then jumped by 188 bps to 24.15% in 2023, then tumbled by 184 bps to 20.29% in 2024, then jumped by 61 bps to 7.92% in 2026.
  • Business Quant data shows TDUP's Net Margin at 7.92% in Q1 2026, 20.29% in Q4 2024, and 23.43% in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 16.68%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 4.71%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 4.53%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 19.81%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn -
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -3.13%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -0.43%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -3.58%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 14.13%
10 ThredUp 685.70 Mn 636.25 Mn 64.66 Mn -7.92%

Historic Data

Download Data
DateValue
Mar 31, 2026 -7.92%
Dec 31, 2024 -20.29%
Sep 30, 2024 -23.43%
Jun 30, 2024 -6.84%
Mar 31, 2024 -6.76%
Dec 31, 2023 24.15%
Sep 30, 2023 -22.04%
Jun 30, 2023 -22.70%
Mar 31, 2023 -26.07%
Dec 31, 2022 -27.34%
Sep 30, 2022 -34.85%
Jun 30, 2022 -37.16%
Mar 31, 2022 -28.49%
Dec 31, 2021 -24.58%
Sep 30, 2021 -23.26%
Jun 30, 2021 -23.98%
Mar 31, 2021 -29.04%
Dec 31, 2020 -39.14%
Sep 30, 2020 -23.45%
Jun 30, 2020 -14.06%