ThredUp (TDUP) Operating Expenses (2020 - 2026)

ThredUp (TDUP) has reported Operating Expenses for 7 consecutive years, with $71.2 million the latest figure, recorded in 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 grew 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.
• Historically, Operating Expenses has averaged $65.9 million across 5 years, with a median of $68.7 million in 2022.
• Annual changes were most pronounced in 2023 — Operating Expenses slumped 49.59% — and 2024, when it surged 101.3%.
• ThredUp's Operating Expenses stood at $61.4 million in 2022, then plunged by 49.59% to $30.9 million in 2023, then surged by 101.3% to $62.3 million in 2024, then advanced by 12.62% to $70.1 million in 2025, then rose by 1.62% to $71.2 million in 2026.
• Business Quant data shows TDUP's Operating Expenses at $71.2 million in Q1 2026, $70.1 million in Q4 2025, and $69.6 million in Q3 2025.