ThredUp Inc. (TDUP) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
TDUP Revenue Growth
Revenue Breakdown (FY 2025)
TDUP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
TDUP Revenue Analysis (2018–2025)
As of May 8, 2026, ThredUp Inc. (TDUP) generated trailing twelve-month (TTM) revenue of $321.2 million, reflecting strong growth of +14.6% year-over-year. The most recent quarter (Q1 2026) recorded $81.7 million in revenue, up 2.5% sequentially.
Looking at the longer-term picture, TDUP's 5-year compound annual growth rate (CAGR) stands at +10.8%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $310.8 million in 2025, representing a new all-time high.
Revenue diversification analysis shows TDUP's business is primarily driven by Gift Card Breakage (85%), and Loyalty Program (15%). With over half of revenue concentrated in Gift Card Breakage, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including REAL (+17.2% YoY), EBAY (+12.5% YoY), and ETSY (+3.2% YoY), TDUP has underperformed the peer group in terms of revenue growth. Compare TDUP vs REAL →
TDUP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TDUPCurrent | $321M | +14.6% | +10.8% | -6.5% | |
 REAL | $693M | +17.2% | +18.2% | -3.5% | |
 EBAY | $11.1B | +12.5% | +4.5% | 20.5% | |
 ETSY | $2.9B | +3.2% | +10.8% | 12.8% | |
 UPS | $88.6B | -2.7% | +1.0% | 9.6% | |
 FDX | $87.9B | +4.7% | +4.9% | 6.9% |
TDUP Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $310.8M | +19.5% | $246.8M | 79.4% | $-20,214,000 | -6.5% |
| 2024 | $260.0M | +0.6% | $207.1M | 79.7% | $-40,619,000 | -15.6% |
| 2023 | $258.5M | -10.4% | $198.5M | 76.8% | $-52,998,000 | -20.5% |
| 2022 | $288.4M | +14.5% | $192.3M | 66.7% | $-89,487,000 | -31.0% |
| 2021 | $251.8M | +35.4% | $178.1M | 70.7% | $-62,386,000 | -24.8% |
| 2020 | $186.0M | +13.6% | $128.1M | 68.9% | $-46,589,000 | -25.0% |
| 2019 | $163.8M | +26.4% | $112.5M | 68.7% | $-36,807,000 | -22.5% |
| 2018 | $129.6M | - | $78.0M | 60.2% | $-34,256,000 | -26.4% |
See TDUP's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TDUP Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TDUP vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonTDUP — Frequently Asked Questions
Quick answers to the most common questions about buying TDUP stock.
Is TDUP's revenue growth accelerating or slowing?
TDUP maintains +14.6% revenue growth, in line with its 5-year CAGR of +10.8%. TTM revenue stands at $321M. Growth rate remains consistent with historical average.
What is TDUP's long-term revenue growth rate?
ThredUp Inc.'s 5-year revenue CAGR of +10.8% reflects the sustained expansion pattern. Current YoY growth of +14.6% is near this long-term average.
How is TDUP's revenue distributed by segment?
TDUP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.