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AI brief of an SEC Form 8-K · ThredUp Inc. (TDUP)

ThredUp Q1 2026 revenue rises 15% to $81.7 million; raises full-year revenue outlook

Mixed Impact 4 of 5 earnings Written later

ThredUp reported first-quarter 2026 revenue of $81.7 million, up 15% from a year earlier, and raised its full-year 2026 outlook for revenue, gross margin and Adjusted EBITDA margin. The net loss widened to $6.5 million from $5.2 million, and Adjusted EBITDA fell to $2.7 million from $3.8 million, so growth came with lower profitability.

Key points

  • Q1 2026 revenue of $81.7 million, up 15% year over year; gross margin 79.2% versus 79.1%
  • Net loss of $6.5 million, or 7.9% of revenue, versus $5.2 million a year earlier
  • Full-year 2026 revenue outlook of $351.2 million to $356.2 million, about 14% growth at the midpoint
  • Record Active Buyers of 1.71 million, up 25% year over year

The filing

CompanyThredUp Inc. (TDUP)
Form8-K, current report
Filed with the SECMay 4, 2026, 4:06 PM ET
Accession number0001484778-26-000015

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.