Filing Flows › ThredUp (TDUP) › Q2 2026 › vs Q2 2025
ThredUp (TDUP) Q2 2026 vs Q2 2025 (year over year)
ThredUp's revenue rose $13.1M (+17%) from $77.7M in Q2 2025 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 2.0% | -3.8% | +5.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $90.8M | $77.7M | $13.1M | +17% |
| Net loss | $5.9M | $5.2M | $759K | +15% |
| Costs & expenses | $96.9M | $82.9M | $14.0M | +17% |
| Operating costs | $96.9M | $82.9M | $14.0M | +17% |
| Income tax | $27K | $31K | −$4K | -13% |
| Cost of revenue | $18.2M | $15.9M | $2.3M | +15% |
| SG&A | $15.8M | $13.2M | $2.5M | +19% |
| Other operating costs | $62.9M | $53.7M | $9.1M | +17% |
| Operating cash sources | $10.4M | $5.5M | $4.9M | +88% |
| Depreciation | $4.1M | $3.2M | $935K | +30% |
| Share-based compensation | $5.9M | $4.5M | $1.4M | +32% |
| Working capital & other | $359K | −$2.1M | $2.5M | — |
| Net loss absorbed | $5.9M | $5.2M | $759K | +15% |
| Operating cash flow | $4.5M | $344K | $4.1M | 13× |
| Free cash flow (OCF − capex) | $1.8M | −$2.9M | $4.7M | — |
| Capital expenditures | $2.7M | $3.3M | −$612K | -19% |
Questions
How much did ThredUp's revenue grow year over year in Q2 2026?
ThredUp's revenue rose $13.1M (+17%) from $77.7M in Q2 2025 to $90.8M in Q2 2026.