ThredUp Inc. TDUP Gift Card — Revenue recognized
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Where this comes from
Reported directly by ThredUp Inc. in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityRevenueRecognized.
The source filing: ThredUp Inc.’s 10-Q, filed May 4, 2026.
- Filed
- May 4, 2026, 4:14 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001484778-26-000016
The Company previously had a customer loyalty program that has since been discontinued. Effective October 1, 2024, customers were no longer able to earn loyalty points and after March 31, 2025, they could no longer redeem any previously accumulated points. As a result, as of March 31, 2026 and December 31, 2025, the Company did not have a deferred revenue liability related to its customer loyalty program. The Company recognized $0 and $1.5 million of revenue from loyalty reward redemptions and expirations for the three months ended March 31, 2026 and 2025, respectively.
Item 1. Financial Statements
FAQ
- What is ThredUp Inc.'s gift card — revenue recognized?
- ThredUp Inc. (TDUP) reported gift card — revenue recognized of $0 in Q1 2026.
- What is the long-term trend for ThredUp Inc.'s gift card — revenue recognized?
- Over 4 years (2021 to 2025), ThredUp Inc.'s gift card — revenue recognized has grown at a -100.0% compound annual growth rate (CAGR), from $900K to $0.
- What does gift card — revenue recognized mean?
- This metric tracks the amount of revenue formally recognized from the redemption of gift cards during a specific reporting period. It signifies the conversion of prepaid liabilities into realized sales as customers utilize their gift cards to purchase apparel or services. This figure provides insight into the velocity at which consumers are engaging with the platform using previously purchased credit.
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