ThredUp Inc.
TDUPNasdaqConsumer Discretionary · Retail-Catalog & Mail-Order Houses · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $310.8M | $260.0M | $258.5M | $288.4M | $251.8M | $186.0M |
| Operating income | −$21.7M | −$40.6M | −$53.0M | −$89.5M | −$62.4M | −$46.6M |
| Net income | −$20.2M | −$77.0M | −$71.2M | −$92.3M | −$63.2M | −$47.9M |
| Total assets | $167.2M | $171.2M | $250.0M | $301.9M | $360.8M | $142.9M |
| Total liabilities | $108.1M | $114.9M | $146.1M | $161.9M | $155.1M | $118.0M |
| Equity | $59.2M | $56.3M | $103.9M | $140.0M | $205.7M | −$222.2M |
| EPS (diluted) | $-0.17 | $-0.69 | $-0.68 | $-0.92 | $-0.82 | $-4.14 |
| Shares out. | 127.0M | 116.1M | 108.8M | 101.5M | 98.4M | 12.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −7.0%
- Net margin
- −6.5%
- Return on equity
- −34.1%
- Return on assets
- −12.1%
- Return on capital (ROCE)
- −20.7%
- Liabilities / assets
- 64.6%
- Debt / equity
- 1.83×
- Book value / share
- $0.47
- Revenue growth (YoY)
- 19.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -11.75distress
- Accruals / assets
- −18.5%clean
- Beneish M-Score
- -3.50normal
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 2 warning● 3 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Needham Investment Management LlcPassive (13G)May 14, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Capital World InvestorsPassive (13G)Feb 13, 2026
- Highland Capital Partners Viii Limited PartnershipPassive (13G)Feb 11, 2026
- Blackrock, Inc.Passive (13G)Jan 21, 2026
- Reinhart James G.Passive (13G)Nov 4, 2025
- Ameriprise Financial IncPassive (13G)Aug 14, 2025
- Thrivent Financial For LutheransPassive (13G)Mar 7, 2025
- Trinity Tvl X, LlcPassive (13G)Feb 14, 2025
- Highland Management Partners Viii Limited PartnershipPassive (13G)Feb 14, 2025
- Goldman Sachs Asset Management, L.P.Passive (13G)Feb 11, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Nakache PatriciaDirector | May 20, 2026 | Grant | 37,265 | $0.00 |
| Battles Kelly BodnarDirector | May 20, 2026 | Grant | 37,265 | $0.00 |
| Friedman IanDirector | May 20, 2026 | Grant | 37,265 | $0.00 |
| Ginsberg AmandaDirector | May 20, 2026 | Grant | 37,265 | $0.00 |
| Haley Timothy MDirector | May 20, 2026 | Grant | 37,265 | $0.00 |
| Paransky NoamDirector | May 20, 2026 | Grant | 37,265 | $0.00 |
| Nova Daniel JDirector | May 20, 2026 | Grant | 37,265 | $0.00 |
| Rushing Coretha MDirector | May 20, 2026 | Grant | 37,265 | $0.00 |
| Nakache PatriciaDirector | Apr 22, 2026 | Grant | 5,231 | $0.00 |
| Friedman IanDirector | Apr 22, 2026 | Grant | 3,488 | $0.00 |
| Haley Timothy MDirector | Apr 22, 2026 | Grant | 3,836 | $0.00 |
| Paransky NoamDirector | Apr 22, 2026 | Grant | 3,488 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 22.1M | 6.4 | -4.2% |
| Apr 30, 2026 | 23.1M | 11.8 | +3.2% |
| Apr 15, 2026 | 22.4M | 8.2 | -3.3% |
| Mar 31, 2026 | 23.2M | 10.2 | +14.2% |
| Mar 13, 2026 | 20.3M | 5.6 | +11.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 21, 2026
- Results of operationsMay 4, 2026
- Results of operationsMar 2, 2026
- Entered a material agreement · New financial obligationFeb 3, 2026
- Director / officer changeNov 17, 2025
- Results of operationsNov 3, 2025
- Results of operationsAug 4, 2025
- Shareholder voteMay 23, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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