Skip to content
Screener

ThredUp Inc. TDUP Loyalty Program — Deferred Revenue

Other product segments

Site Credit
$4.3M+16.2%
Gift Card
$3.5M-53.3%

Similar metrics at other companies

Choice Hotels International logo
CHHLoyalty Points — Deferred Revenue
$78.2M+3.2%
Alaska Air Group logo
ALKLoyalty Plan Revenue — Deferred Revenue
$1.78B
Starbucks logo
SBUXRevenue Recognition Period Stored Value Cards and Loyalty Program Breakage — Deferred Revenue
$1.74B-5.4%
IBT
IBTADeferred revenue — Deferred Revenue
$2.7M-51.8%
FRP Holdings logo
FRPHMining royalty lands — Deferred Revenue
$2.25M+17.9%
Tilly's logo
TLYSBreakage — Deferred Revenue
$8.7M-8.4%

Other financials

Income statement

See full
Revenue$81.7M+14.6%
Gross profit$64.7M+14.7%
Operating income-$6.6M-21.3%
Net income-$6.5M-24.1%
EPS (diluted)-$0.05-25.0%

Balance sheet

See full
Cash & equivalents$43.9M-11.6%
Total debt$52.2M-8.1%
Total equity$59.4M+5.9%
Total assets$172.4M-0.1%

Cash flow

See full
Operating cash flow$4.8M-17.2%
CapEx$4.1M+127%
Free cash flow$643.0K-83.6%

Valuation

See full
Market cap$421.58M-65.2%
Enterprise value$429.83M-64.7%
P/S1.3×-3.0×

Profitability

See full
Gross margin79.4%0.0pp
Operating margin-7.1%-2.2pp
Net margin-6.7%-2.8pp
FCF margin-6.1%-2.6pp

Returns & leverage

See full
Return on equity-37.2%-13.6pp
Debt / equity0.9×-0.1×
Current ratio0.9×0.0×

Where this comes from

Reported directly by ThredUp Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

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 loyalty program — deferred revenue?
ThredUp Inc. (TDUP) reported loyalty program — deferred revenue of $0 in Q1 2026.
What is the long-term trend for ThredUp Inc.'s loyalty program — deferred revenue?
Over 3 years (2022 to 2025), ThredUp Inc.'s loyalty program — deferred revenue has grown at a -100.0% compound annual growth rate (CAGR), from $13.3M to $0.
What does loyalty program — deferred revenue mean?
Represents the balance of consideration received from customers for loyalty program memberships or points that have not yet been earned as revenue. This liability reflects future performance obligations to provide goods or services to loyalty program participants. Monitoring this balance helps investors assess the potential future revenue pipeline generated from existing customer commitments.

Ask your AI about ThredUp Inc.'s loyalty program — deferred revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude