Growth Metrics

ThredUp (TDUP) Operating Expenses (2020 - 2025)

ThredUp (TDUP) has disclosed Operating Expenses for 6 consecutive years, with $70.1 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 12.62% to $70.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $268.5 million through Dec 2025, up 8.38% year-over-year, with the annual reading at $268.5 million for FY2025, 8.38% up from the prior year.
  • Operating Expenses for Q4 2025 was $70.1 million at ThredUp, up from $69.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $81.0 million in Q2 2022, with the low at $30.9 million in Q4 2023.
  • Average Operating Expenses over 5 years is $64.5 million, with a median of $65.3 million recorded in 2021.
  • The sharpest move saw Operating Expenses plummeted 49.59% in 2023, then soared 101.3% in 2024.
  • Over 5 years, Operating Expenses stood at $66.5 million in 2021, then dropped by 7.75% to $61.4 million in 2022, then tumbled by 49.59% to $30.9 million in 2023, then soared by 101.3% to $62.3 million in 2024, then rose by 12.62% to $70.1 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $70.1 million, $69.6 million, and $67.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.