10-Q quarterly report · filed Nov 3, 2025

ThredUp Inc. (TDUP) Q3 2025 10-Q Quarterly Report

Short answer

ThredUp Inc. (TDUP) filed its Q3 2025 10-Q quarterly report on Nov 3, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $82M (up 12.5% year over year) with net income of −$4M.

Q3 2025 key financials · XBRL

Revenue
$82M
+12.5% YoY · +5.8% QoQ
Net income
−$4M
+82.9% YoY · +17.9% QoQ
Operating margin
-5.3%
Gross margin
79.4%
EPS (diluted)
−$0.03
+86.4% YoY · +40.0% QoQ

Source: XBRL data from the ThredUp Inc. (TDUP) Q3 2025 10-Q on SEC EDGAR. USD.

ThredUp Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $82.2M, up 33.6% YoY from $61.5M, driven by Orders up 37.2%
  • Gross margin 79.4% vs 79.3% YoY
  • Adjusted EBITDA margin 4.6% vs 0.5%; continuing-operations loss margin (5.2%) vs (16.8%)
  • Cash, equivalents, restricted cash and securities $56.1M; nine-month operating cash flow $12.1M vs $4.2M
  • 2025 operating losses expected; modest capital expenditures and no near-term distribution-network expansion anticipated

Risk Factors

  • No risk-factors section provided in the submitted filing text
  • No newly added risk or changed risk identified
  • No regulatory, legal, compliance, operational, competitive, market, or financial risk details available

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other ThredUp Inc. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.