ThredUp Inc. (TDUP)

From the record

ThredUp Inc.'s filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2024-09-27); an auditor change (8-K item 4.01, the latest 2022-09-06) (its current reports).

From the record

ThredUp Inc.'s 7 filed years say what it did: revenue went from $164 million in fiscal 2019 to $311 million in fiscal 2025, up 11.3% a year; it rose in 5 of 6 years; the deepest fall was 10% from fiscal 2022 to fiscal 2023; net income was positive in 0 of 7 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, ThredUp Inc.'s diluted share count grew about 6.8% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 36 sales and 3 purchases of their own stock on the open market in the year to 2026-11-09, buying about $62 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, ThredUp Inc. lost about 34 cents for every dollar of shareholders' money, and gross profitability: its products earned about 148 cents per dollar of everything the company owns. Leverage: it owed about 65 cents per dollar of assets, and net share issuance: its share count grew 8.7% over the year (the filed statements).

From the record

ThredUp Inc.'s standing among 29 graded names in its industry family: revenue of $311 million in fiscal 2025 ranks in the bottom 41% by size; a net margin of -6.5% ranks in the bottom 26%; revenue growth of 2.5% a year over the last 3 filed years ranks in the top 47% (its annual reports).

From the record

ThredUp Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Reinhart, James G. (Chief Executive Officer, as filed), filing under that title since 2021-03-25, 5.6 years (top 34% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 5.6 years (top 28%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

ThredUp Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $44 million against debt of $14 million leaves 17.5% of its assets as net cash, bottom 46% of its family; cash from operations less capital spending is 0.1% of revenue (bottom 33%); a gross margin of 79.4% (top 6%); research spending of 10.3% of revenue (top 31%) (its annual report).

From the record

ThredUp Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 2.5% a year over the last three filed years against 11.3% over all 7, slowing (top 43% of its family); the newest year grew 19.5% (top 12%); research spending grew -5.1% a year (bottom 31%); capital spending grew -37.7% a year (bottom 21%) (its annual reports). ThredUp Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

ThredUp Inc.'s newest year against its own record: revenue of $311 million in fiscal 2025 came in 25.9% above the $247 million its prior three years' pace pointed to (top 10% of its family); net income of $20 million against a prior three-year average of $80 million (top 30%); a net margin of -6.5% against -29.7% before (top 14%) (its annual reports).