ThredUp Inc. (TDUP) Operating Expenses (2020 - 2026)

ThredUp (TDUP) posted quarterly Operating Expenses of $71.2 million for Q1 2026, up 15.28% YoY from $61.8 million in Q1 2025, and up 1.62% sequentially from $70.1 million in Q4 2025.

ThredUp Inc. (TDUP) Operating Expenses (2020 - 2026) Analysis & Trends

ThredUp has disclosed Operating Expenses across 7 years of filings, most recently posting $71.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 15.28% year-over-year to $71.2 million; the TTM figure through Mar 2026 stood at $277.9 million (up 13.24% YoY), while the FY2025 annual figure was $268.5 million, up 8.38% from the prior year.
  • Operating Expenses rose to $71.2 million in Q1 2026, from $70.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for TDUP reached as high as $81.0 million in Q2 2022 and fell as low as $30.9 million in Q4 2023.
  • The 5-year median for Operating Expenses is $68.7 million (2022), against an average of $65.9 million.
  • Annual changes were most pronounced in 2023 — Operating Expenses plunged 49.59% — and 2024, when it surged 101.3%.
  • A 5-year view of Operating Expenses shows it stood at $61.4 million in 2022, then sank by 49.59% to $30.9 million in 2023, then jumped by 101.3% to $62.3 million in 2024, then gained by 12.62% to $70.1 million in 2025, then increased by 1.62% to $71.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $71.2 million, $70.1 million, and $69.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 71.25 Mn
Dec 31, 2025 70.11 Mn
Sep 30, 2025 69.60 Mn
Jun 30, 2025 66.98 Mn
Mar 31, 2025 61.81 Mn
Dec 31, 2024 62.26 Mn
Sep 30, 2024 59.22 Mn
Jun 30, 2024 62.16 Mn
Mar 31, 2024 64.11 Mn
Dec 31, 2023 30.93 Mn
Sep 30, 2023 74.82 Mn
Jun 30, 2023 74.44 Mn
Mar 31, 2023 71.28 Mn
Dec 31, 2022 61.36 Mn
Sep 30, 2022 68.69 Mn
Jun 30, 2022 80.98 Mn
Mar 31, 2022 70.80 Mn
Dec 31, 2021 66.51 Mn
Sep 30, 2021 61.59 Mn
Jun 30, 2021 58.02 Mn