ThredUp (TDUP) Operating Income (2020 - 2026)

ThredUp (TDUP) posted quarterly Operating Income of -$6.6 million for Q1 2026, down 21.26% year-over-year from -$8.4 million in Q1 2025, and up 1.35% quarter-over-quarter from -$6.7 million in Q4 2025.

ThredUp (TDUP) Operating Income (2020 - 2026) Analysis & Trends

ThredUp (TDUP) has reported Operating Income for 7 consecutive years, with -$6.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Income fell 21.26% year-over-year to -$6.6 million; the TTM figure through Mar 2026 stood at -$22.9 million (up 31.96% YoY), while the FY2025 annual figure was -$21.7 million, up 46.46% from the prior year.
  • Operating Income advanced to -$6.6 million in Q1 2026 per TDUP's latest filing, from -$6.7 million in the prior quarter.
  • Across five years, Operating Income topped out at $4.1 million in Q4 2023 and bottomed at -$28.3 million in Q2 2022.
  • Historically, Operating Income has averaged -$12.4 million across 5 years, with a median of -$10.5 million in 2024.
  • Annual changes were most pronounced in 2023 — Operating Income jumped 124.95% — and 2024, when it tumbled 299.44%.
  • ThredUp's Operating Income stood at -$16.4 million in 2022, then surged by 124.95% to $4.1 million in 2023, then sank by 299.44% to -$8.2 million in 2024, then advanced by 18.1% to -$6.7 million in 2025, then advanced by 1.35% to -$6.6 million in 2026.
  • Business Quant data shows TDUP's Operating Income at -$6.6 million in Q1 2026, -$6.7 million in Q4 2025, and -$4.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Amazon Com 2,931.64 Bn 2,808.66 Bn 198.88 Bn 51.31 Bn
2 PDD Holdings 506.17 Bn 446.63 Bn 9.83 Bn 3.96 Bn
3 Mercadolibre 98.29 Bn 83.09 Bn 4.16 Bn 683.00 Mn
4 DoorDash 92.11 Bn 86.76 Bn 2.35 Bn 156.00 Mn
5 JD.com 87.50 Bn 58.32 Bn 7.66 Bn 552.00 Mn
6 Sea 78.22 Bn 69.70 Bn 3.15 Bn 5.70 Bn
7 Ebay 47.18 Bn 43.87 Bn 2.30 Bn 676.00 Mn
8 Coupang 29.74 Bn 23.63 Bn 2.49 Bn -556.00 Mn
9 Zkh 16.36 Bn 16.36 Bn 51.11 Mn -3.26 Mn
10 ThredUp 405.79 Mn 353.36 Mn 72.52 Mn -6.11 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -6.11 Mn
Mar 31, 2026 -6.59 Mn
Dec 31, 2025 -6.68 Mn
Sep 30, 2025 -4.39 Mn
Jun 30, 2025 -5.25 Mn
Mar 31, 2025 -5.43 Mn
Dec 31, 2024 -8.16 Mn
Sep 30, 2024 -10.46 Mn
Jun 30, 2024 -9.61 Mn
Mar 31, 2024 -12.40 Mn
Dec 31, 2023 4.09 Mn
Sep 30, 2023 -18.19 Mn
Jun 30, 2023 -18.71 Mn
Mar 31, 2023 -20.18 Mn
Dec 31, 2022 -16.39 Mn
Sep 30, 2022 -24.19 Mn
Jun 30, 2022 -28.33 Mn
Mar 31, 2022 -20.58 Mn
Dec 31, 2021 -18.33 Mn
Sep 30, 2021 -15.50 Mn