ThredUp Inc. (TDUP) Q3 2025 Earnings Call

Concluded Nov 3, 2025

Nov 3, 2025 0 turns

Period: FY2025 Q3
Runtime: —
Sources: 2 artifacts

8-K 10-Q

Executive readout · one minute

Webcast research workspace

Read the call alongside every captured source. 8-K earnings release, 10-Q stay in one workspace.

Direct selling (peer-to-peer) launch 37 Margin and reinvestment strategy 18 Supply growth vectors and RaaS 15 AI-driven product features 13 Revenue growth and customer acquisition 12 Macro and tariff impact 9

Management tone

Confident

Net tone +78 · low hedging

Grounding quotes

“Revenue growth accelerated to 34% year-over-year. Gross margin was 79.4%, and adjusted EBITDA was 4.6%, all of which exceeded expectations.”
“The third quarter was our strongest year-over-year growth in nearly four years and the fourth quarter in a row of accelerating growth.”
“We acquired more new customers in the third quarter than at any other time in our history, with new buyer acquisition up 54% year-over-year.”
“We set out on a mission to inspire the next generation to think secondhand first. And I think this year's results so far are just beginning to show what's possible in the years ahead. It's such an incredible time for ThredUp right now.”

Research coverage

2 live sources

Open each available source without leaving this research workspace.

Revenue $82.16M +33.6% YoY

Diluted EPS -$0.03

Gross margin 79.4% +0.1 pp YoY

Net income -$4.25M

Research materials

Open the source you need; every reader stays inside this workspace.

8-K earnings release Filed Nov 3, 2025 10-Q report Filed Nov 3, 2025

Read transcripts like this one from Claude, ChatGPT or your own code with the earnings call transcript API →