thredUP (TDUP)
NASDAQ:TDUP
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.04Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong underlying marketplace momentum—double-digit revenue growth, record active buyers, improved listings and sell-through, higher marketing efficiency (Meta/Pinterest), and notable AI/product innovations—while acknowledging near-term headwinds: ASPs down ~3%, conversion down ~5%, a wider GAAP loss, and onboarding/quality work from a surge in new sellers. Management maintained guidance, expects EBITDA expansion for the year, and is investing to scale supply and processing to meet demand. Overall, the positives around demand, unit economics, channel efficiency, and product innovation meaningfully outweigh the manageable near-term operational and macro headwinds.Company Guidance
Solid Revenue Growth
Revenue of $81.7 million in Q1 2026, up 14.6% year over year, driven by new buyer acquisition and improved marketing efficiency.
Strong Buyer Growth and Engagement
Record 1.7 million active buyers (trailing twelve-month), up 25% year over year; new buyers in Q1 up ~27% YoY and March was the best month in company history.
Order and Listings Momentum
1.6 million orders in Q1, up 19.3% year over year; listings up 17% YoY and seven-day sell-through rate up more than 15% YoY, indicating strong demand.
High Gross Margin
Gross margin of 79.2% in Q1 2026, a 10 basis point increase versus the same quarter last year, demonstrating continued margin strength.
Adjusted EBITDA Outperformance and Path to Expansion
Adjusted EBITDA of $2.7 million (3.4% of revenue) in Q1, outperforming internal expectations; company expects adjusted EBITDA of ~6.1% for full-year 2026 (~170 bps expansion YoY).
Marketing Channel Efficiency and Scale
Meta spend up 100% YoY and Pinterest spend up 94% in Q1; these channels delivered some of the highest LTV-to-CAC ratios seen, with CACs down double-digits for new buyer cohorts.
Supply-Side Acceleration
New seller kit requests grew 90% YoY and 48% of Q1 kit requests were from sellers new to the platform; company is increasing inbound processing to capture this surge.
AI and Product Innovation
Launched a first agentic (reinforcement-learning) product experience for a customer segment and began aggregating exact-match items (starting with dresses) to improve discovery and conversion.
Balance Sheet and Cash Flow
Cash and securities ended Q1 at $54.4 million (up $1.3 million during the quarter); invested $4.1 million in CapEx while generating positive cash flow in the quarter.
TDUP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TDUP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $4.48 | $4.37 | -2.46% |
Mar 02, 2026 | $5.01 | $3.84 | -23.35% |
Nov 03, 2025 | $8.50 | $7.86 | -7.53% |
Aug 04, 2025 | $9.68 | $10.23 | +5.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does thredUP (TDUP) report earnings?
thredUP (TDUP) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is thredUP (TDUP) earnings time?
thredUP (TDUP) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TDUP EPS forecast?
TDUP EPS forecast for the fiscal quarter 2026 (Q2) is -0.03.