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
DateValue
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