10-Q quarterly report · filed May 4, 2026

ThredUp Inc. (TDUP) Q1 2026 10-Q Quarterly Report

Short answer

ThredUp Inc. (TDUP) filed its Q1 2026 10-Q quarterly report on May 4, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $82M (up 14.6% year over year) with net income of −$6M.

Q1 2026 key financials · XBRL

Revenue
$82M
+14.6% YoY
Net income
−$6M
−24.1% YoY
Operating margin
-8.1%
Gross margin
79.2%
EPS (diluted)
−$0.05
−25.0% YoY

Source: XBRL data from the ThredUp Inc. (TDUP) Q1 2026 10-Q on SEC EDGAR. USD.

ThredUp Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $81.7M, up 14.6% YoY from $71.3M, driven by orders up 19.3%
  • Gross margin 79.2% vs 79.1%; net loss margin negative 7.9% vs negative 7.3%
  • Adjusted EBITDA $2.7M, margin 3.4% vs 5.3%; net loss $6.5M vs $5.2M
  • Operating cash flow $4.8M vs $5.7M; liquidity $54.4M, up $1.3M from December 31
  • Near-term headwinds: higher fuel surcharges; modest capital expenditures expected for remainder of 2026

Risk Factors

  • No risk-factors section provided in submitted filing text
  • No newly added risk factor or stated change from the 10-K
  • Loan agreement amendment dated January 30, 2026, listed as Exhibit 10.1
  • No director or officer trading-plan adoption or termination during three months ended March 31, 2026

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

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