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ThredUp Inc.

TDUP

$1.44 ▼ -0.77 (-34.84%) at close

8 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

ThredUp Inc. faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $175.2M

Dividend Yield —

Revenue Growth 19.5% ↗

Op. Margin -7.0% ↗

ROIC -29.7% ↗

FCF / Share None

Trailing P/E —

Price / Book 3.1x

FCF Yield —

Debt / Equity 0.24

info Valuation on last close. End-of-day price, Nov 5, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$310.81M

↑ +19.5% —

Net Income Profit after all expenses

$-20.21M

↑ +73.7% —

Operating Margin Operating profit as % of sales

-7.0%

↑ +55.2% 18th

FCF / Share Free cash flow per share

$-0.37

↑ +61.5% —

Long-Term Debt Long-term obligations

$14.28M

↓ -21.3% —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↓

Financial Health ↑

Financial view

Statement lens

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Cadence

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue Growth YoY (%)	19.5% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+179%)	-19.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-375%)	11.7% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+67%)	14.5% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+108%)	35.4% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+405%)	13.6% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+94%)	—	—
EPS Growth YoY (%)	75.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-1.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	26.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-12.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	80.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-11.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	73.7% Excellent ↑ Excellent Improving Year-over-year change in net income	-8.1% Weak ↑ Weak Improving Year-over-year change in net income	22.8% Good ↑ Good Improving Year-over-year change in net income	-46.1% Weak ↓ Weak Declining Year-over-year change in net income	-32.0% Weak Weak Year-over-year change in net income	-25.3% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	—	—	61.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-34.3% Weak ↓ Weak Declining Year-over-year change in free cash flow	78.6% Excellent Excellent Year-over-year change in free cash flow	-74.5% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	2.5% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	1.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	20.1% Excellent Excellent Compound annual revenue growth over 3 years	20.7% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	10.8% Good Good Compound annual revenue growth over 5 years	9.7% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Operating Margin (%) (%)	-7.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-158%)	-15.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-230%)	-22.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-286%)	-31.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-359%)	-24.8% Weak → Weak Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-306%)	-25.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-309%)	-22.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-287%)	—
Effective Tax Rate (%) (%)	-0.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-6.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-181%)	-29.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-470%)	-22.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-377%)	-32.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-500%)	-25.1% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-414%)	-25.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-422%)	-23.3% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-391%)	—
FCF Margin (%) (%)	—	—	-12.0% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-33.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-21.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-20.7% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-12.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	—	—	0.54x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.03x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.87x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.80x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.51x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Return on Invested Capital (%)	-29.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-54.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-57.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-54.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-26.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	24.4% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	20.1% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-13.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-23.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-28.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-29.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-17.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	-32.6% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-34.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-271%)	-136.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-784%)	-68.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-443%)	-65.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-430%)	-30.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-254%)	21.5% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+8%)	20.8% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Debt to Equity (x)	0.24x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-70%)	0.32x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-60%)	0.21x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-74%)	0.18x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-77%)	0.13x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-83%)	-0.14x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-118%)	—	—
Interest Coverage (x)	-12.05x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-16.95x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-32.08x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-111.16x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-27.42x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-35.70x Weak Weak Operating income divided by interest expense Optimal: > 5x	-25.78x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-24.35M	$-13.70M	$-34.08M	$-12.24M	$-56.99M	$-33.30M	—	—
Debt / EBITDA (x)	-1.62x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.78x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.41x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.34x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.52x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.76x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue per Share (USD)	$2.55	$2.32	$3.07	$2.89	$3.27	$16.08	$15.96	—
Basic EPS, GAAP (USD)	$-0.17	$-0.69	$-0.68	$-0.92	$-0.82	$-4.14	$-3.72	—
Free Cash Flow per Share (USD)	—	—	$-0.37	$-0.96	$-0.71	$-3.33	$-1.91	—
Book Value per Share (USD)	$0.47	$0.48	$0.96	$1.38	$2.09	$-17.24	$-17.85	—
Tangible Book Value per Share (USD)	$0.38	$0.39	$0.85	$1.26	$1.97	$-17.24	$-17.85	—
Basic Weighted Avg Shares (shares)	121.69M	111.96M	104.88M	99.82M	77.09M	11.56M	10.27M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Working Capital (USD)	$-5.70M	$-4.60M	$17.21M	$49.78M	$139.00M	$12.60M	—	—
LT Debt (USD)	$14.28M	$18.15M	$22.01M	$25.79M	$27.56M	$31.19M	—	—
Total Equity (USD)	$59.19M	$56.30M	$103.92M	$140.00M	$205.73M	$-222.18M	$-183.24M	$-153.45M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Sales/Revenue/Turnover (USD)	$310.81M	$260.03M	$322.02M	$288.38M	$251.79M	$186.01M	$163.81M	—
Depreciation Expense (USD)	$12.92M	$17.33M	$18.73M	$14.03M	$9.15M	$5.58M	$4.27M	—
Net Income, GAAP (USD)	$-20.21M	$-76.99M	$-71.25M	$-92.28M	$-63.18M	$-47.88M	$-38.20M	—
Operating Cash Flow (USD)	—	—	$-22.59M	$-52.10M	$-35.02M	$-19.11M	$-10.09M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 8 years · 28 quarters

ThredUp Inc.

Analytical Summary

8-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

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Signals

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