ThredUp (TDUP) Operating Leases (2020 - 2026)
ThredUp (TDUP) posted quarterly Operating Leases of $28.7 million for Q1 2026, down 7.93% year-over-year from $31.1 million in Q1 2025, and little changed quarter-over-quarter from $28.6 million in Q4 2025.
ThredUp (TDUP) Operating Leases (2020 - 2026) Analysis & Trends
ThredUp (TDUP) has reported Operating Leases for 7 consecutive years, with $28.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 7.93% year-over-year to $28.7 million; the TTM figure through Mar 2026 stood at $28.7 million (down 7.93% YoY), while the FY2025 annual figure was $28.6 million, down 12.03% from the prior year.
- Operating Leases was little changed at $28.7 million in Q1 2026 per TDUP's latest filing, from $28.6 million in the prior quarter.
- Across five years, Operating Leases topped out at $56.5 million in Q2 2022 and bottomed at $28.6 million in Q4 2025.
- Historically, Operating Leases has averaged $41.3 million across 5 years, with a median of $46.5 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Leases surged 147.05% — and 2025, when it tumbled 37.41%.
- ThredUp's Operating Leases stood at $48.7 million in 2022, then tumbled by 34.7% to $31.8 million in 2023, then gained by 2.1% to $32.5 million in 2024, then decreased by 12.03% to $28.6 million in 2025, then advanced by 0.32% to $28.7 million in 2026.
- Business Quant data shows TDUP's Operating Leases at $28.7 million in Q1 2026, $28.6 million in Q4 2025, and $30.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn |
| 10 | ThredUp | 405.79 Mn | 353.36 Mn | 72.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.12 Mn |
| Mar 31, 2026 | 28.67 Mn |
| Dec 31, 2025 | 28.58 Mn |
| Sep 30, 2025 | 30.06 Mn |
| Jun 30, 2025 | 31.50 Mn |
| Mar 31, 2025 | 31.14 Mn |
| Dec 31, 2024 | 32.49 Mn |
| Sep 30, 2024 | 47.15 Mn |
| Jun 30, 2024 | 48.07 Mn |
| Mar 31, 2024 | 49.75 Mn |
| Dec 31, 2023 | 31.82 Mn |
| Sep 30, 2023 | 45.26 Mn |
| Jun 30, 2023 | 47.36 Mn |
| Mar 31, 2023 | 47.52 Mn |
| Dec 31, 2022 | 48.73 Mn |
| Sep 30, 2022 | 50.62 Mn |
| Jun 30, 2022 | 56.51 Mn |
| Mar 31, 2022 | 46.46 Mn |
| Dec 31, 2021 | 37.00 Mn |
| Sep 30, 2021 | 21.98 Mn |