ThredUp Inc. TDUP Loyalty Program — Deferred Revenue
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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.
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