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| Date | Value |
|---|---|
| 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 |