ThredUp achieved record quarterly revenue of $77.7 million, a 16% increase year-over-year, driven by significant growth in active buyers and orders. The company also improved its gross margin and adjusted EBITDA from continuing operations, ending the quarter with a healthy cash position.

ThredUp Inc. announced strong first quarter 2025 financial results, exceeding expectations with record revenue and significant growth in active buyers. The company also raised its full-year 2025 financial outlook, reflecting positive momentum in its marketplace.

ThredUp's Q4 2024 revenue increased 9% year-over-year to $67.3 million, with a record gross margin of 80.4%. The company reported a net loss of $8.1 million, an improvement from the previous year. Adjusted EBITDA more than doubled to $5.0 million. Active buyers declined 6%, while orders grew 2% year-over-year.

ThredUp reported a 5% year-over-year increase in revenue, reaching $79.6 million. The company's gross margin improved to 69.5%, with gross profit increasing by 8% year-over-year. Net loss decreased compared to the previous year, and the company is focusing on becoming an AI-powered resale company.

ThredUp reported a 14% year-over-year increase in revenue for Q4 2023, reaching $81.4 million. The company saw growth in active buyers and orders, with gross profit increasing by 12%. Net loss decreased compared to the previous year, and the adjusted EBITDA loss also improved.

ThredUp reported a 21% year-over-year increase in revenue, reaching $82.0 million for Q3 2023. The company's gross profit increased by 27% year-over-year, with a gross margin of 69.0%. Active buyers and orders both saw increases, and the U.S. business achieved adjusted EBITDA breakeven.

ThredUp reported an 8% year-over-year increase in revenue, reaching $82.7 million. The company's gross margin was 67.4%, with gross profit increasing by 6% year-over-year. Net loss improved to $18.8 million, and the adjusted EBITDA loss was $5.0 million.

ThredUp Inc. announced its Q1 2023 financial results, reporting a 4% increase in revenue to $75.9 million. The company's gross margin was 67.3%, with a net loss of $19.8 million. Active Buyers and Orders decreased by 3% and 8% respectively.

ThredUp's Q4 2022 financial results revealed a slight decrease in revenue compared to the previous year, alongside a decline in gross profit. The company reported a net loss, but also highlighted the expansion of its Resale-as-a-Service program and the opening of a new distribution center.

ThredUp reported a 7% year-over-year increase in revenue, reaching $67.9 million for Q3 2022. The company's active buyers and orders also saw significant growth, increasing by 18% and 24%, respectively. However, the company experienced a decline in gross profit and an increased net loss compared to the same quarter last year.

ThredUp reported a 27% year-over-year increase in revenue, reaching $76.4 million for Q2 2022. The company's active buyers and orders both grew significantly, while gross profit increased by 19%. Despite these gains, the company experienced a net loss of $28.4 million and an adjusted EBITDA loss of $13.5 million.