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 | |
| EBITDA margin | -3.1%+3.3pp | -2.8%+6.1pp | -2.5%+7.6pp | -4.7%+7.0pp | -6.3%+7.8pp | |
| 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 assets | -12.5%+19.1pp | -11.9%+24.6pp | -18.8%+10.3pp | -28.1%-3.2pp | -31.5%-6.3pp | |
| 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× | |
| Quick ratio | 0.9×0.0× | 0.9×0.0× | 0.9×+0.1× | 1×0.0× | 0.9×-0.1× | |
| Cash ratio | 0.7×-0.1× | 0.7×0.0× | 0.8×+0.1× | 0.8×+0.1× | 0.8×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.9×-0.1× | 0.9×-0.2× | 0.9×-0.2× | 0.9×0.0× | 1×+0.2× | |
| Debt-to-assets | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Interest coverage | -12.8×+1.4× | -11.3×+4.8× | -11.3×+0.9× | -13.3×+1.2× | -14.2×+3.1× | |
| 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-16.5% | $799.66M+406% | $1.16B+1,145% | $954.25M+414% | $280.03M+28.1% | |
| Enterprise value | $852.17M-16.3% | $808.21M+358% | $1.17B+872% | $961.08M+351% | $287.1M+18.0% | |
| Price / sales | 2.6×-1.2× | 2.6×+2.0× | 3.9×+3.5× | 3.4×+2.6× | 1×+0.2× | |
| Price / book | 14.4×-3.9× | 13.5×+10.7× | 19.7×+18.4× | 15.8×+13.7× | 5×+2.7× | |
| EV / sales | 2.7×-1.2× | 2.6×+1.9× | 3.9×+3.3× | 3.5×+2.5× | 1.1×+0.1× | |
| Earnings yield | -2.5%+3.9pp | -2.5%+46.2pp | -3.1%+71.7pp | -6%+28.1pp | -23.4%+7.7pp |
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.
