Added to YB: 2026-05-14
Pitch date: 2026-05-12
TDUP [bullish]
ThredUp Inc.
Author Info
No bio for this author
Company Info
ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States.
Market Cap
$587.1M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
347.60
P/E
-26.37
EV/Sales
1.84
Sector
Specialty Retail
Category
value
ThredUP Q1 shows consistent progress and puts new focus on Supply
TDUP: Q1 rev +15% YoY, Orders +19%, Active Buyers +25% (1.71M TTM), 79.2% gross margin, 3.4% adj EBITDA margin (40bp above guide). 5th straight quarter double-digit growth, 11th straight positive EBITDA, positive FCF in FY25. Strategic shift: investing in Seller recruitment (New Seller kits +90% YoY). Direct Selling in beta showing faster sell-through vs peers (Poshmark/Depop), may hit 5-10% of supply by end-2026. Trading 1.5x EV/Sales vs Vinted 7.3x, Depop deal >10x.
Read full article (6 min)