ThredUp Q4 revenue beats estimates on rise in active buyers

ThredUp

02/03/2026 21:12

Overview

Online resale platform's Q4 revenue rose 18% yr/yr, beating analyst expectations

Active buyers increased 30% yr/yr to 1.65 mln in Q4

Company reported Q4 loss from continuing operations of $5.6 mln

Outlook

ThredUp expects Q1 2026 revenue between $79.5 mln and $80.5 mln

Company anticipates full-year 2026 revenue between $349 mln and $355 mln

ThredUp projects Q1 2026 gross margin between 78.0% and 79.0%

Result Drivers

ACTIVE BUYERS - Record active buyers increased 30% yr/yr, contributing to revenue growth

INFRASTRUCTURE SCALABILITY - CEO attributed performance to scalability of infrastructure and marketplace model

POSITIVE CASH FLOWS - Achieved positive annual total cash flows for the first time in company history

Company press release: ID:nGNX58F8Gw

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$79.70 mln
$77.20 mln (5 Analysts)
Q4 Net Income
-$5.58 mln
Q4 Gross Margin
79.60%
Q4 Basic EPS
-$0.04
Q4 Gross Profit
$63.43 mln
Q4 Operating Income
-$6.68 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for ThredUp Inc is $12.50, about 156.1% above its February 27 closing price of $4.88

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)