ThredUp Inc.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
TDUP$1.49+9.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| June 30,2026 | June 30,2025 | June 30,2026 | June 30,2025 | |
| (in thousands, except per share amounts) | ||||
| Revenue | $90,767 | $77,657 | $172,438 | $148,948 |
| Cost of revenue | 18,243 | 15,921 | 35,254 | 30,841 |
| Gross profit | 72,524 | 61,736 | 137,184 | 118,107 |
| Operating expenses: | ||||
| Operations, product, and technology | 45,115 | 37,525 | 86,190 | 72,651 |
| Marketing | 17,761 | 16,206 | 32,702 | 29,349 |
| Sales, general, and administrative | 15,761 | 13,250 | 30,994 | 26,786 |
| Total operating expenses | 78,637 | 66,981 | 149,886 | 128,786 |
| Operating loss | (6,113) | (5,245) | (12,702) | (10,679) |
| Interest expense | (299) | (496) | (683) | (1,010) |
| Other income, net | 504 | 596 | 1,029 | 1,386 |
| Loss before provision for income taxes | (5,908) | (5,145) | (12,356) | (10,303) |
| Provision for income taxes | 27 | 31 | 51 | 88 |
| Net loss | $(5,935) | $(5,176) | $(12,407) | $(10,391) |
| Loss per share, basic and diluted | $(0.05) | $(0.04) | $(0.10) | $(0.09) |
| Weighted-average shares used to compute loss per share, basic and diluted | 129,854 | 120,275 | 128,779 | 118,496 |
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