Growth Metrics

ThredUp (TDUP) Operating Expenses (2020 - 2026)

ThredUp (TDUP) reported Operating Expenses of $71.2 million for Q1 2026, up 15.28% year-over-year from $61.8 million in Q1 2025, and up 1.62% on a QoQ basis from $70.1 million in Q4 2025.

ThredUp (TDUP) has 7 years of Operating Expenses data on file, last reported at $71.2 million in Q1 2026.

  • Quarterly Operating Expenses rose 15.28% year-over-year to $71.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $277.9 million (up 13.24% YoY) and the FY2025 annual result came in at $268.5 million, up 8.38% from the prior year.
  • Operating Expenses improved to $71.2 million in Q1 2026 per TDUP's latest filing, from $70.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $81.0 million in Q2 2022 and bottomed at $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.
  • The widest annual swing landed in 2023, when Operating Expenses plunged 49.59%; it then soared 101.3% in 2024.
  • Tracing TDUP's Operating Expenses over 5 years: stood at $61.4 million in 2022, then sank by 49.59% to $30.9 million in 2023, then surged by 101.3% to $62.3 million in 2024, then increased by 12.62% to $70.1 million in 2025, then climbed by 1.62% to $71.2 million in 2026.
  • Per Business Quant, the three latest TDUP Operating Expenses figures stand at $71.2 million (Q1 2026), $70.1 million (Q4 2025), and $69.6 million (Q3 2025).

Historic Data

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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
Mar 31, 2021 54.40 Mn
Dec 31, 2020 45.98 Mn
Sep 30, 2020 43.36 Mn
Jun 30, 2020 39.49 Mn
Mar 31, 2020 45.91 Mn