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ThredUp (TDUP) Revenue & Revenue Breakdown

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ThredUp Revenue Highlights

Latest Revenue (Y)

$260.03M

Latest Revenue (Q)

$82.16M

Main Segment (Y)

Loyalty Program

Main Geography (Y)

UNITED STATES

ThredUp Revenue by Period

ThredUp Revenue by Year

DateRevenueChange
2024-12-31$260.03M-19.25%
2023-12-31$322.02M11.67%
2022-12-31$288.38M14.53%
2021-12-31$251.79M35.36%
2020-12-31$186.01M13.55%
2019-12-31$163.81M26.45%
2018-12-31$129.55M-

ThredUp generated $260.03M in revenue during NA 2024, up -19.25% compared to the previous quarter, and up 158.74% compared to the same period a year ago.

ThredUp Revenue by Quarter

DateRevenueChange
2025-09-30$82.16M5.80%
2025-06-30$77.66M8.93%
2025-03-31$71.29M157.68%
2024-12-31$27.67M-62.11%
2024-09-30$73.02M-8.44%
2024-06-30$79.75M0.21%
2024-03-31$79.59M-2.22%
2023-12-31$81.39M-0.80%
2023-09-30$82.05M-0.74%
2023-06-30$82.66M8.87%
2023-03-31$75.92M6.46%
2022-12-31$71.32M4.96%
2022-09-30$67.94M-11.09%
2022-06-30$76.42M5.13%
2022-03-31$72.69M-0.25%
2021-12-31$72.88M15.18%
2021-09-30$63.27M5.53%
2021-06-30$59.96M7.68%
2021-03-31$55.68M28.20%
2020-12-31$43.43M-7.46%
2020-09-30$46.93M-0.85%
2020-06-30$47.34M-2.03%
2020-03-31$48.31M-

ThredUp generated $82.16M in revenue during Q3 2025, up 5.80% compared to the previous quarter, and up 103.02% compared to the same period a year ago.

ThredUp Revenue Breakdown

ThredUp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Gift Card Breakage$7.20M$4.40M--
Gift Card$300.00K$2.00M$1.00M$900.00K
Loyalty Program$11.50M$7.70M$9.40M$13.80M

ThredUp's latest annual revenue breakdown by segment (product or service), as of Dec 24: Loyalty Program (60.53%), Gift Card Breakage (37.89%), and Gift Card (1.58%).

Quarterly Revenue by Product

Product/ServiceSep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Gift Card Breakage$2.60M$1.70M$2.30M$3.30M$1.30M$1.30M$1.30M$2.50M$1.90M----------
Loyalty Program--$1.50M$1.20M$2.80M$3.80M$3.70M$1.10M$2.10M$2.40M$2.10M--------
Gift Card--$100.00K-$300.00K$300.00K$300.00K$300.00K$500.00K$700.00K$500.00K--------
Product-----------$33.85M$26.39M$27.89M$25.26M$28.12M$15.20M$11.36M$10.99M
Consignment-----------$37.47M$41.55M$48.54M$47.44M$44.76M$48.07M$48.60M$44.69M

ThredUp's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Gift Card Breakage (100.00%).

ThredUp Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
UNITED STATES$258.50M$240.94M-
Non-US$63.52M$47.44M-
North America--$240.68M
Europe--$11.12M

ThredUp's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (80.28%), and Non-US (19.72%).

ThredUp Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
HEPSD-Market Elektronik Hizmetler ve Ticaret A.S.$35.56B$11.31B
REREATRenew$12.97B$3.65B
WOOFPetco Health and Wellness$6.12B$1.49B
MLKNMillerKnoll$3.67B$955.70M
CRICarter's$2.84B$757.84M
NEGGNewegg Commerce$1.50B$456.14M
LEGLeggett & Platt$749.10M$1.04B
TDUPThredUp$260.03M$82.16M
EVGOEVgo$256.82M$92.30M
AEVAAeva$9.06M$3.58M
GIIIG-III Apparel Group-$613.27M

TDUP Revenue FAQ

What is ThredUp’s yearly revenue?

ThredUp's yearly revenue for 2024 was $260.03M, representing a decrease of -19.25% compared to 2023. The company's yearly revenue for 2023 was $322.02M, representing an increase of 11.67% compared to 2022. TDUP's yearly revenue for 2022 was $288.38M, representing an increase of 14.53% compared to 2021.

What is ThredUp’s quarterly revenue?

ThredUp's quarterly revenue for Q3 2025 was $82.16M, a 5.80% increase from the previous quarter (Q2 2025), and a 12.52% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $77.66M, a 8.93% increase from the previous quarter (Q1 2025), and a -2.63% decrease year-over-year (Q2 2024). TDUP's quarterly revenue for Q1 2025 was $71.29M, a 157.68% increase from the previous quarter (Q4 2024), and a -10.42% decrease year-over-year (Q1 2024).

What is ThredUp’s revenue growth rate?

ThredUp's revenue growth rate for the last 3 years (2022-2024) was -9.83%, and for the last 5 years (2020-2024) was 39.79%.

What are ThredUp’s revenue streams?

ThredUp's revenue streams in c 24 are Gift Card Breakage, Gift Card, and Loyalty Program. Gift Card Breakage generated $7.2M in revenue, accounting 37.89% of the company's total revenue, up 63.64% year-over-year. Gift Card generated $300K in revenue, accounting 1.58% of the company's total revenue, down -85.00% year-over-year. Loyalty Program generated $11.5M in revenue, accounting 60.53% of the company's total revenue, up 49.35% year-over-year.

What is ThredUp’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of ThredUp was Loyalty Program. This segment made a revenue of $11.5M, representing 60.53% of the company's total revenue.