Growth Metrics

ThredUp (TDUP) Net Margin (2020 - 2026)

ThredUp (TDUP) reported Net Margin of 7.92% for Q1 2026, up 60.94% on a QoQ basis from 20.29% in Q4 2024.

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

  • Quarterly Net Margin changed N/A year-over-year to 7.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.01% (up 1021.0% YoY) and the FY2024 annual result came in at 14.22%, down 692.0% from the prior year.
  • Net Margin rose to 7.92% in Q1 2026 per TDUP's latest filing, from 20.29% in the prior quarter.
  • Across five years, Net Margin topped out at 24.15% in Q4 2023 and bottomed at 37.16% in Q2 2022.
  • The 4-year median for Net Margin is 22.7% (2023), against an average of 18.44%.
  • The widest annual swing landed in 2023, when Net Margin jumped 5149 bps; it then tumbled 4443 bps in 2024.
  • Tracing TDUP's Net Margin over 4 years: stood at 27.34% in 2022, then surged by 188 bps to 24.15% in 2023, then sank by 184 bps to 20.29% in 2024, then surged by 61 bps to 7.92% in 2026.
  • Per Business Quant, the three latest TDUP Net Margin figures stand at 7.92% (Q1 2026), 20.29% (Q4 2024), and 23.43% (Q3 2024).

Historic Data

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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%
Mar 31, 2020 -27.35%