
• Reported GAAP EPS of -$0.05 down -25.00% YoY • Reported revenue of $81.67M up 14.56% YoY • ThredUp issued a revised full year 2026 financial outlook, raising expectations for Revenue, Gross Margin, and Adjusted EBITDA margin, with Q2 2026 revenue expected between $89.0 million and $91.0 million.
Bullish
ThredUp achieved 15% year-over-year revenue growth to $81.7 million and a record 1.71 million Active Buyers, up 25%. The company also raised its full year 2026 outlook for key financial metrics.
Bearish
ThredUp's net loss increased to $6.5 million, and Adjusted EBITDA decreased to $2.7 million for Q1 2026. The company also noted challenges in reconciling forward-looking non-GAAP metrics.