ThredUp Inc. TDUP Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 79.4%0.0pp | 79.4%-0.3pp | 79.6%-9.7pp | 79.6%-5.2pp | 79.4%-1.2pp | |
| Operating margin | -7.1%+5.5pp | -7%+8.6pp | -7.8%+7.6pp | -10.5%+6.8pp | -12.6%+7.3pp | |
| Net margin | -6.7%+17.9pp | -6.5%+23.1pp | -12.2%+21.0pp | -20.5%+6.9pp | -24.6%+2.9pp | |
| Returns | ||||||
| Return on equity | -37.2%+50.6pp | -35%+61.1pp | -56.6%+21.5pp | -77.5%-16.5pp | -87.8%-27.2pp | |
| Return on invested capital | -35%+2.1pp | -30.5%+11.4pp | -29.4%+1.6pp | -32.4%-1.3pp | -37.1%-1.2pp | |
| Efficiency | ||||||
| Asset turnover | 1.9×+0.6× | 1.8×+0.6× | 1.5×+0.7× | 1.4×+0.5× | 1.3×+0.4× | |
| Liquidity | ||||||
| Current ratio | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 1×-0.1× | 0.9×-0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.9×-0.1× | 0.9×-0.2× | 0.9×-0.2× | 0.9×0.0× | 1×+0.2× | |
| Per Share | ||||||
| Book value per share | $0.47-3.2% | $0.49-3.3% | $0.48-22.3% | $0.50-35.8% | $0.48-43.8% | |
| Valuation | ||||||
| Market capitalization | $843.93M-17.9% | $799.66M+406% | $1.16B+1,145% | $954.25M+414% | $280.03M+28.1% | |
| Price / sales | 2.6×-1.2× | 2.6×+2.0× | 3.9×+3.5× | 3.4×+2.6× | 1×+0.2× | |
| Price / book | 14.2×-4.1× | 13.5×+10.7× | 19.7×+18.4× | 15.8×+13.7× | 5×+2.7× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are ThredUp Inc.'s profit margins?
- ThredUp Inc. (TDUP) runs a 79.4% gross margin and a -7.1% operating margin, with a -6.7% net margin.
- Where do ThredUp Inc.'s ratios come from?
- Every ratio is computed from ThredUp Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
