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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,745.83 Bn | 2,622.84 Bn | 198.88 Bn | 51.31 Bn |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn | 4.09 Bn |
| 3 | DoorDash | 98.99 Bn | 93.65 Bn | 2.35 Bn | 156.00 Mn |
| 4 | Mercadolibre | 98.82 Bn | 83.62 Bn | 4.16 Bn | 683.00 Mn |
| 5 | Sea | 67.42 Bn | 59.02 Bn | 3.55 Bn | 6.45 Bn |
| 6 | Ebay | 46.87 Bn | 43.56 Bn | 2.30 Bn | 676.00 Mn |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn | 1.23 Bn |
| 8 | Coupang | 28.32 Bn | 22.21 Bn | 2.49 Bn | -556.00 Mn |
| 9 | Wayfair | 12.41 Bn | 11.27 Bn | 1.05 Bn | 104.00 Mn |
| 10 | ThredUp | 330.48 Mn | 278.05 Mn | 72.52 Mn | -6.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |