Filing Flows › ThredUp (TDUP) › Q3 2026
ThredUp (TDUP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
ThredUp (TDUP) reported revenue of $88.2M for the third quarter 2026 (Q3 2026), +7% from a year earlier and -3% from the quarter before. Operating margin was -6.0%, net loss $5.5M (6.2% of revenue).
ThredUp, Q3 2026: revenue $88.2M (+7% year over year), operating margin -6.0%, net loss $5.5M, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $88.2M | -3% | +7% |
| Operating profit | −$5.3M | — | — |
| Net earnings | −$5.5M | — | — |
| Operating cash flow | $2.0M | -55% | -67% |
| Free cash flow | $12K | -99% | -99% |
What changed
Revenue was $88.2M in Q3 2026, up 7% year over year and down 3% from the previous quarter.
Gross margin was 78.2%, down 1.1 points from Q3 2025. Operating costs exceeded revenue by $5.3M, an operating margin of -6.0%. Operating expenses grew 7% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+11%). The quarter ended with a net loss of $5.5M, narrower than the previous quarter's $5.9M loss.
Operating cash flow was $2.0M (down 67% year over year). Non-cash charges added back $3.2M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $653K. Capital expenditures of $2.0M left free cash flow of $12K.
Questions
What was ThredUp's revenue in the third quarter 2026?
ThredUp (TDUP) reported revenue of $88.2M for the third quarter 2026 (Q3 2026), +7% from a year earlier and -3% from the quarter before.
Was ThredUp profitable in the third quarter 2026?
Operating loss was $5.3M (-6.0% of revenue) and net loss $5.5M.
Source: ThredUp 10-Q on SEC EDGAR.