ThredUp Inc.
For the period ended Dec 31, 2025. Filed Mar 2, 2026.
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FY2025 · Filed Mar 2, 2026
TDUP$1.37+6.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (in thousands, except per share amounts) | ||
| Revenue | $310,813 | $260,031 |
| Cost of revenue | 64,060 | 52,906 |
| Gross profit | 246,753 | 207,125 |
| Operating expenses: | ||
| Operations, product and technology | 152,859 | 142,210 |
| Marketing | 58,982 | 48,639 |
| Sales, general and administrative | 56,658 | 56,895 |
| Total operating expenses | 268,499 | 247,744 |
| Operating loss | (21,746) | (40,619) |
| Interest expense | (1,919) | (2,525) |
| Other income, net | 3,510 | 3,174 |
| Loss before provision for income taxes | (20,155) | (39,970) |
| Provision for income taxes | 59 | 29 |
| Loss from continuing operations | (20,214) | (39,999) |
| Loss from discontinued operations, net of tax | — | (36,987) |
| Net loss | $(20,214) | $(76,986) |
| Weighted-average shares used to compute loss per share, basic and diluted | 121,693 | 111,960 |
| Loss from continuing operations per share, basic and diluted | $(0.17) | $(0.36) |
| Loss from discontinued operations per share, basic and diluted | — | (0.33) |
| Total loss per share, basic and diluted | $(0.17) | $(0.69) |
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