ThredUp Announces First Quarter 2025 Results

All results reported are for continuing operations, unless otherwise noted. Record quarterly revenue of $71.3 million, representing an increase of 10% year-over-yearQuarterly gross margin of 79.1% and an increase in gross profit of 9% year-over-yearActive Buyers of 1.37 million, representing growth of 6% year-over-year, with new buyer growth of 95% year-over-year, reflecting ThredUp’s best quarter for new buyer acquisition in its historyEnded the quarter with cash, restricted cash, and investments of$ 55.4 ...