ThredUp Inc. (TDUP) quarterly cash flow statement — complete operating, investing & financing history
ThredUp Inc. (TDUP) cash flow statement — 8-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 1.98M | 4.45M | 4.75M | -1.46M | 6.03M | 344K | 5.74M | 1.13M | 3.35M | -4.97M | 1.39M | -7.97M | 223K | -10.38M | -4.46M | -15.17M | -12.1M | -18.16M | -6.68M | -20.89M |
| Operating CF Margin % | 2.25% | 4.9% | 5.82% | -1.84% | 7.34% | 0.44% | 8.06% | 4.08% | 4.58% | -7.45% | 2.16% | -9.8% | 0.27% | -12.56% | -5.87% | -21.27% | -17.81% | -23.76% | -9.19% | -28.66% |
| Operating CF Growth % | -67.1% | 1193.6% | -17.22% | -229.47% | 80.16% | 106.92% | 312.28% | 114.17% | 1400.45% | 52.1% | 131.25% | 47.42% | 101.84% | 42.82% | 33.25% | 27.39% | -140.06% | -78.58% | -720.15% | -46.66% |
| Net Income | -5.47M | -5.93M | -6.47M | -5.58M | -4.25M | -5.18M | -5.21M | -8.06M | -10.36M | -13.95M | -12.19M | -14.61M | -18.08M | -18.76M | -19.79M | -19.5M | -23.68M | -28.4M | -20.71M | -17.91M |
| Depreciation & Amortization | 3.23M | 4.1M | 3.31M | 3.45M | 3.14M | 3.17M | 3.17M | 6.42M | 3.53M | 3.62M | 5.02M | 4.85M | 5.36M | 4.84M | 3.68M | 3.82M | 3.54M | 3.41M | 3.27M | 3.01M |
| Stock-Based Compensation | 4.88M | 5.92M | 5.5M | 4.54M | 4.44M | 4.5M | 5.52M | 6.05M | 6.16M | 7.01M | 6.91M | 6.78M | 7.89M | 7.63M | 9.39M | 6.06M | 7.18M | 10.06M | 3.52M | 3.57M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.33M | 1.22M | 1.16M | 1.53M | 1.27M | 1.18M | 897K | 5.6M | 467K | 1.95M | 5.05M | 2.37M | 1.38M | 2.22M | 1.25M | 5.84M | 2.19M | 2.16M | 1.88M | 1.36M |
| Working Capital Changes | -1.98M | -861K | 1.26M | -5.42M | 1.43M | -3.32M | 1.37M | -8.89M | 3.55M | -3.6M | 3.51M | -7.35M | 3.67M | -6.3M | 1.01M | -11.38M | -1.33M | -5.39M | 5.36M | -10.91M |
| Change in Receivables | -2.31M | 1.7M | -1.88M | 1.29M | 74K | 435K | -667K | -621K | -419K | 1.03M | 709K | -1.75M | -2.29M | -94K | 1.01M | -1.32M | 113K | -461K | 1.14M | -1.12M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.17M | 3.28M | 1.2M | 3.83M | 3.08M | 1.8M | 487K | -3.16M | -1.66M | -1.52M | -2.39M | -2.31M | -2.15M |
| Change in Payables | 3M | -371K | 3.19M | -2.63M | 3.21M | -1.38M | 5.34M | 786K | 2.59M | 1.33M | 1.24M | -2.4M | 5.93M | -2.32M | 5.8M | -3.55M | -8.8M | 2.3M | 3.12M | 787K |
| Cash from Investing | -3.88M | -2.46M | -5.01M | -6.26M | -1.87M | -4.1M | 5.08M | -8.46M | -3.49M | 842K | -5.79M | -4.67M | 19.04M | 10.41M | 18.9M | 15.88M | -2.2M | 3.15M | -7.91M | -53.25M |
| Capital Expenditures | -1.97M | -2.67M | -4.11M | -1.73M | -3.65M | -3.28M | -1.81M | -1.22M | -2.15M | -1.17M | -1.13M | -2.21M | -1.48M | -6.61M | -5.68M | -3.94M | -11.73M | -14.95M | -12.64M | -4.62M |
| CapEx % of Revenue | 2.23% | 2.94% | 5.03% | 2.17% | 4.44% | 4.22% | 2.55% | 4.41% | 2.94% | 1.75% | 1.74% | 2.71% | 1.81% | 8% | 7.48% | 5.52% | 17.27% | 19.56% | 17.39% | 6.34% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.64M | -425K | 0 | -494K | 0 | 0 | 0 | 0 | 0 | 0 | -3.48M | 0 | -27.33M |
| Cash from Financing | 192K | 1.18M | 628K | 51K | -2.53M | 3.67M | -1.59M | -467K | -1.26M | -1.18M | -1.48M | -620K | -1.23M | -557K | -1.19M | -1.01M | -590K | -1.14M | -1.19M | -72K |
| Debt Issued (Net) | 0 | -36K | -433K | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1M | -1.1M | -842K | -2M | -2M | -2M |
| Equity Issued (Net) | 1.71M | -4.45M | 4.45M | 6.16M | 6.92M | 13.7M | 0 | 1.6M | 282K | 1.06M | 727K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.52M | 5.66M | -3.38M | -5.11M | -8.45M | -9.03M | -589K | -1.06M | -545K | -1.24M | -1.21M | 380K | -234K | 443K | -192K | 86K | 252K | 859K | 809K | 1.93M |
| Net Change in Cash | -1.71M | 3.17M | 367K | -7.68M | 1.62M | -88K | 9.23M | -8.51M | -1.04M | -5.36M | -4.35M | -13.11M | 17.48M | 335K | 12.71M | -49K | -15.29M | -16.5M | -15.95M | -74.28M |
| Free Cash Flow | 12K | 1.78M | 643K | -3.19M | 2.38M | -2.94M | 3.93M | -91K | 1.2M | -6.14M | 267K | -10.18M | -1.26M | -16.99M | -10.14M | -19.1M | -23.84M | -33.1M | -19.32M | -25.51M |
| FCF Margin % | 0.01% | 1.96% | 0.79% | -4% | 2.89% | -3.78% | 5.51% | -0.33% | 1.64% | -9.21% | 0.41% | -12.51% | -1.54% | -20.56% | -13.35% | -26.78% | -35.08% | -43.31% | -26.57% | -35% |
| FCF Growth % | -99.5% | 160.75% | -83.63% | -3405.49% | 98.25% | 52.21% | 1371.16% | 99.11% | 195.16% | 63.86% | 102.63% | 46.68% | 94.71% | 48.66% | 47.52% | 25.12% | -111.88% | -119.69% | -539.21% | -32.12% |
| FCF per Share | 0.00 | 0.01 | 0.01 | -0.03 | 0.02 | -0.02 | 0.03 | -0.00 | 0.01 | -0.06 | 0.00 | -0.09 | -0.01 | -0.16 | -0.10 | -0.19 | -0.24 | -0.33 | -0.20 | -0.26 |
| FCF Conversion (FCF/Net Income) | -0.36x | -0.75x | -0.73x | 0.26x | -1.42x | -0.07x | -1.10x | -0.05x | -0.14x | 0.36x | -0.08x | 0.55x | -0.01x | 0.55x | 0.23x | 0.78x | 0.51x | 0.64x | 0.32x | 1.17x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |