ThredUp (TDUP) Operating Leases (2020 - 2026)
ThredUp's Operating Leases was $27.12 million in Q2 2026, down 13.9% from $31.5 million a year earlier and down 5.4% from the prior quarter.
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Analysis
ThredUp (TDUP) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at ThredUp came in at $28.58 million, down 12.0% from FY2024.
- Operating Leases shows a five-year compound annual growth rate of 5.8% (FY2020 to FY2025).
- In earlier years, Operating Leases was $32.49 million in FY2024 (+2.1%), $31.82 million in FY2023 (-34.7%), $48.73 million in FY2022 (+31.7%) and $37 million in FY2021 (+71.5%).
- The Q2 2026 figure marks the lowest quarterly Operating Leases since Q3 2021.
- Compared with a year earlier, Operating Leases has declined for six straight quarters, with an average decline of 17.0% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q3 2022 (growth of 163.3%); the worst was Q1 2025 (a decline of 37.4%).
- Per Business Quant data, TDUP's Operating Leases in the three quarters before Q2 2026 was $28.67 million (Q1 2026), $28.58 million (Q4 2025) and $30.06 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn |
| 10 | ThredUp | 278.35 Mn | 77.23 Mn | 72.52 Mn |
Historic Data
Download Data
Historic 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 | 51.50 Mn |
| Mar 31, 2022 | 42.03 Mn |
| Dec 31, 2021 | 37.00 Mn |
| Sep 30, 2021 | 19.23 Mn |
API Access
ThredUp Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=TDUP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "TDUP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=TDUP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();