ThredUp Q2 FY26 net loss widens to $5.9 million; revenue climbs 17% to $90.8 million
TDUP•Guidance
Guidance was updated to reflect economic uncertainty affecting the most price-sensitive buyers; Q3 revenue is seen at $87 million to $89 million.
Q2 results
ThredUp posted Q2 revenue of $90.8 million, up 17% year-over-year, on record Active Buyers of 1,770,000, up 21%.
Net loss widened to $5.9 million; loss per share was $0.05.
Non-GAAP adjusted EBITDA rose to $4.8 million from $3.0 million, lifting margin by 1.4 percentage points to 5.3%.
Gross margin edged up 0.4 percentage points to 79.9%.
