Filing Flows › ThredUp (TDUP) › Q2 2026 › vs Q1 2026
ThredUp (TDUP) Q2 2026 vs Q1 2026 (quarter over quarter)
ThredUp's revenue rose $9.1M (+11%) from $81.7M in Q1 2026 to $90.8M in Q2 2026.
ThredUp, Q2 2026: revenue $90.8M (+17% year over year), operating margin -6.7%, net loss $5.9M, operating cash flow $4.5M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 2.0% | 0.8% | +1.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $90.8M | $81.7M | $9.1M | +11% |
| Net loss | $5.9M | $6.5M | −$537K | -8% |
| Costs & expenses | $96.9M | $88.3M | $8.6M | +10% |
| Operating costs | $96.9M | $88.3M | $8.6M | +10% |
| Income tax | $27K | $24K | $3K | +12% |
| Cost of revenue | $18.2M | $17.0M | $1.2M | +7% |
| SG&A | $15.8M | $15.2M | $528K | +3% |
| Other operating costs | $62.9M | $56.0M | $6.9M | +12% |
| Operating cash sources | $10.4M | $11.2M | −$841K | -7% |
| Depreciation | $4.1M | $3.3M | $795K | +24% |
| Share-based compensation | $5.9M | $5.5M | $422K | +8% |
| Working capital & other | $359K | $2.4M | −$2.1M | -85% |
| Net loss absorbed | $5.9M | $6.5M | −$537K | -8% |
| Operating cash flow | $4.5M | $4.8M | −$304K | -6% |
| Free cash flow (OCF − capex) | $1.8M | $643K | $1.1M | +177% |
| Capital expenditures | $2.7M | $4.1M | −$1.4M | -35% |
Questions
How much did ThredUp's revenue grow quarter over quarter in Q2 2026?
ThredUp's revenue rose $9.1M (+11%) from $81.7M in Q1 2026 to $90.8M in Q2 2026.