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ThredUp Inc. (TDUP) Stock Fundamental Analysis & AI Rating 2026

TDUP Nasdaq Retail-Catalog & Mail-Order Houses DE CIK: 0001484778
Recently Updated • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Rating
HOLD
72% Confidence
N/A
HOLD
72% Conf
Pending
Analysis scheduled

📊 TDUP Key Takeaways

Revenue: $81.7M
Net Margin: -7.9%
Free Cash Flow: $643.0K
Current Ratio: 0.95x
Debt/Equity: 0.30x
EPS: $-0.05
AI Rating: HOLD with 72% confidence
ThredUp Inc. (TDUP) receives a HOLD rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $81.7M, net profit margin of -7.9%, and return on equity (ROE) of -10.9%, ThredUp Inc. demonstrates mixed fundamentals in the Consumer sector. Below is our complete TDUP stock analysis for 2026.

Is ThredUp Inc. (TDUP) a Good Investment?

Claude

ThredUp demonstrates strong revenue growth (+19.5% YoY) and exceptional gross margins (79.2%), with improving losses indicating a narrowing path to profitability. However, current unprofitability, liquidity constraints (current ratio 0.95x), and minimal free cash flow margin (0.8%) present material near-term risks that warrant cautious positioning.

Why Buy ThredUp Inc. Stock? TDUP Key Strengths

Claude
  • + Strong revenue growth of 19.5% YoY in a competitive retail sector
  • + Excellent gross margin of 79.2% demonstrating pricing power and operational efficiency
  • + Significant net income improvement of 73.7% YoY showing trajectory toward profitability
  • + Positive operating and free cash flow despite accounting losses
  • + Conservative leverage (0.30x debt/equity) with reasonable cash position of 39.0M

TDUP Stock Risks: ThredUp Inc. Investment Risks

Claude
  • ! Current ratio of 0.95x indicates potential short-term liquidity stress with current liabilities exceeding assets
  • ! Persistent unprofitability at operating (-8.1% margin) and net income (-7.9% margin) levels
  • ! Extremely thin free cash flow margin of 0.8% leaves minimal buffer for operational disruptions
  • ! Negative interest coverage ratio (-9.7x) limits financial flexibility
  • ! Operating losses must reverse to sustain long-term viability and manage debt obligations

Key Metrics to Watch

Claude
  • * Path to operating profitability and timeline to positive operating margins
  • * Current ratio trend and working capital management
  • * Operating cash flow sustainability and free cash flow expansion
  • * Gross margin stability as company scales
  • * Insider trading activity for confidence signals on turnaround trajectory

ThredUp Inc. (TDUP) Financial Metrics & Key Ratios

Revenue
$81.7M
Net Income
$-6.5M
EPS (Diluted)
$-0.05
Free Cash Flow
$643.0K
Total Assets
$172.4M
Cash Position
$39.0M

💡 AI Analyst Insight

The relatively thin 0.8% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

TDUP Profit Margin, ROE & Profitability Analysis

Gross Margin 79.2%
Operating Margin -8.1%
Net Margin -7.9%
ROE -10.9%
ROA -3.8%
FCF Margin 0.8%

TDUP vs Consumer Sector: How ThredUp Inc. Compares

How ThredUp Inc. compares to Consumer sector averages

Net Margin
TDUP -7.9%
vs
Sector Avg 8.0%
TDUP Sector
ROE
TDUP -10.9%
vs
Sector Avg 18.0%
TDUP Sector
Current Ratio
TDUP 0.9x
vs
Sector Avg 1.5x
TDUP Sector
Debt/Equity
TDUP 0.3x
vs
Sector Avg 0.8x
TDUP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is ThredUp Inc. Stock Overvalued? TDUP Valuation Analysis 2026

Based on fundamental analysis, ThredUp Inc. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
-10.9%
Sector avg: 18%
Net Profit Margin
-7.9%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.30x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

ThredUp Inc. Balance Sheet: TDUP Debt, Cash & Liquidity

Current Ratio
0.95x
Quick Ratio
0.94x
Debt/Equity
0.30x
Debt/Assets
65.5%
Interest Coverage
-9.73x
Long-term Debt
$17.7M

TDUP Revenue & Earnings Growth: 5-Year Financial Trend

TDUP 5-year financial data: Year 2021: Revenue $251.8M, Net Income -$38.2M, EPS $-3.72. Year 2022: Revenue $288.4M, Net Income -$47.9M, EPS $-4.14. Year 2023: Revenue $322.0M, Net Income -$92.3M, EPS $-0.92. Year 2024: Revenue $260.0M, Net Income -$71.2M, EPS $-0.68. Year 2025: Revenue $310.8M, Net Income -$77.0M, EPS $-0.69.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: ThredUp Inc.'s revenue has grown significantly by 23% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.69 indicates the company is currently unprofitable.

TDUP Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
0.8%
Free cash flow / Revenue

TDUP Quarterly Earnings & Performance

Quarterly financial performance data for ThredUp Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $71.3M -$5.2M $-0.04
Q3 2025 $61.5M -$4.2M $-0.03
Q2 2025 $66.7M -$5.2M $-0.04
Q1 2025 $64.5M -$5.2M $-0.04
Q3 2024 $73.0M -$14.0M $-0.17
Q2 2024 $79.8M -$14.0M $-0.13
Q1 2024 $75.9M -$16.6M $-0.15
Q3 2023 $67.9M -$18.1M $-0.17

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

ThredUp Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$4.8M
Cash generated from operations
Capital Expenditures
$4.1M
Investment in assets
Dividends
None
No dividend program

TDUP SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for ThredUp Inc. (CIK: 0001484778)

📋 Recent SEC Filings

Date Form Document Action
May 4, 2026 10-Q tdup-20260331.htm View →
May 4, 2026 8-K tdup-20260504.htm View →
Apr 24, 2026 4 xslF345X06/wk-form4_1777062170.xml View →
Apr 24, 2026 4 xslF345X06/wk-form4_1777062161.xml View →
Apr 24, 2026 4 xslF345X06/wk-form4_1777062152.xml View →

Frequently Asked Questions about TDUP

What is the AI rating for TDUP?

ThredUp Inc. (TDUP) has an AI rating of HOLD with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TDUP's key strengths?

Claude: Strong revenue growth of 19.5% YoY in a competitive retail sector. Excellent gross margin of 79.2% demonstrating pricing power and operational efficiency.

What are the risks of investing in TDUP?

Claude: Current ratio of 0.95x indicates potential short-term liquidity stress with current liabilities exceeding assets. Persistent unprofitability at operating (-8.1% margin) and net income (-7.9% margin) levels.

What is TDUP's revenue and growth?

ThredUp Inc. reported revenue of $81.7M.

Does TDUP pay dividends?

ThredUp Inc. does not currently pay dividends.

Where can I find TDUP SEC filings?

Official SEC filings for ThredUp Inc. (CIK: 0001484778) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TDUP's EPS?

ThredUp Inc. has a diluted EPS of $-0.05.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TDUP a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, ThredUp Inc. has a HOLD rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TDUP stock overvalued or undervalued?

Valuation metrics for TDUP: ROE of -10.9% (sector avg: 18%), net margin of -7.9% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

Should I buy TDUP stock in 2026?

Our dual AI analysis gives ThredUp Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TDUP's free cash flow?

ThredUp Inc.'s operating cash flow is $4.8M, with capital expenditures of $4.1M. FCF margin is 0.8%.

How does TDUP compare to other Consumer stocks?

Vs Consumer sector averages: Net margin -7.9% (avg: 8%), ROE -10.9% (avg: 18%), current ratio 0.95 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI