NASDAQ$TDUP

Thredup Inc - Class A · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

ThredUp reported Q1 2025, revenue of $71.3M, a net loss of $8.5M.

For Q1 2025, ThredUp reported revenue of $71.3M, a net loss of $8.5M. The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $71.3M.
  • Net loss $8.5M.
  • ThredUp discusses capital allocation and near-term priorities in MD&A.

Headline financials

Total Revenue

$71.3M

Previous: $79.6M-10.4%
EPS (adj)

-$0.04

Previous: -$0.15+73.3%
Gross Margin

79.1%

Previous: 80.1%-1.2%
Active Buyers

1.4M

Previous: 1.3M+6.0%
Orders

1.4M

Previous: 1.2M+16.0%
Adjusted EBITDA

$3.81M

Previous: $1.89M+101.7%
Adjusted EBITDA Margin

5.3%

Previous: 2.9%+82.8%
Capital Expenditures

-$1.82M

Previous: -$1.62M-12.0%
Net Income

-$5.22M

Previous: -$16.6M+68.5%
Operating Income

-$5.43M

Previous: -$16.7M+67.5%
Gross Profit

$56.4M

Previous: $55.3M+1.9%

Revenue & EPS history

ThredUp · Revenue · Quarterly

$71.3M

Q1 2025-10.4%vs Q1 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+2.3%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+11.8%

Avg return

30 days after

48%

12 / 25 earnings

Positive

+53.1%

Q4 2022

Best reaction

-64.9%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.5%+7.8%+2.2%
Q4 2025-23.7%-27.1%-32.9%
Q3 2025-7.5%-6.9%-6.6%
Q1 2025+48.2%+40.3%+69.1%
Q4 2024+7.2%+5.8%+13.0%
Q3 2024+51.3%+68.7%+198.4%
Q2 2024-64.9%-65.9%-51.5%
Q1 2024+8.3%+12.8%+7.2%
Q4 2023-6.6%-15.6%-11.8%
Q3 2023-38.1%-46.2%-39.7%
Q2 2023+14.7%+18.6%-3.8%
Q1 2023+4.4%-11.1%-24.4%
Q4 2022+53.1%+33.8%+36.3%
Q3 2022+30.4%+29.3%+117.4%
Q2 2022+11.5%-15.6%-5.0%
Q1 2022-16.6%-22.5%-31.8%
Q4 2019-1.0%-2.1%+5.5%
Q4 2021+6.7%+7.1%+8.4%
Q3 2020-0.6%+7.1%-21.0%
Q3 2021+3.2%+6.2%-15.9%
Q2 2020+7.1%+6.3%-14.3%
Q2 2021-4.7%+4.3%-17.8%
Q4 2020-9.3%-2.5%+36.1%
Q1 2020-9.3%-2.5%+36.1%
Q1 2021-4.2%-2.1%+41.2%

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