TDUP ThredUp Inc. - 10-Q - (2025-11-03)

ThredUp (TDUP) Q3 2025 Performance Summary

ThredUp reported strong operational acceleration marked by significant year-over-year improvements, achieving positive Adjusted EBITDA of $3.8M in Q3 2025, a 1101% increase from the prior year. Q3 revenue grew 33.6% to $82.2M, while the GAAP Loss from Continuing Operations narrowed 59.0% to ($4.2M). Nine-month revenue reached $231.1M, and the Net Loss improved drastically to ($14.6M) versus ($55.3M) in 2024 (the prior year’s loss was heavily impacted by a $23.3M loss from discontinued operations). Operational drivers included a 37.2% incre

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