Earnings Releases·Nov 4, 2026, 4:13 PM ET

ThredUp Inc. — Third Quarter 2026 Earnings Summary

Revenue grew 7% year-over-year to $88.2 million, while net loss widened to $5.5 million from $4.2 million in the prior year period; Adjusted EBITDA declined to $3.5 million from $3.8 million.
Full-year 2026 revenue guidance remains between $337.7 million and $339.7 million (9% YoY growth at midpoint), with Q4 2026 revenue expected to decline 2% year-over-year to $77.0–$79.0 million.
Operational metrics strengthened significantly with Active Buyers reaching a record 1.82 million (+16% YoY) and Orders totaling 1.89 million (+17% YoY).
The company is investing in technology, including AI, and launching a rebrand to enhance competitive advantages within a highly competitive resale market.
Liquidity position remains stable with $57.6 million in cash and equivalents, though long-term debt increased to $17.7 million from $14.3 million at year-end 2025.