Online resale platform ThredUp has reported mixed third quarter results for the period ended on 30 September 2026, with revenue increasing by 7 per cent year-over-year to $88.2m.
The company’s net loss reached $5.5m, which marked a 6.2 per cent decrease in revenue over the third quarter of 2026 compared with a loss of $4.2m last year. ThredUp’s gross profit increased by 6 per cent year-over-year to $69m.
Despite the weak financial results, there was an overall growth of active buyers of 1.82m and orders of 1.89m which marks an increase of 16 per cent and 17 per cent respectively compared to the same time last year.
The company has now updated the full-year financial outlook to reflect the ongoing financial challenges that were experienced.
ThredUp CEO and co-founder James Reinhart said: “We’re proud to report a record quarter for active buyers, orders and items sold, delivering clear value for our buyers in Q3.
“Even as we navigate a highly competitive environment, we remain focused on innovating across the product experience to compound our competitive advantages as a managed marketplace.”
In the fourth quarter ThredUp forecasted revenue in the range of $77m to $79m, which marks a 2 per cent year-over-year decline.
For the full fiscal year, the online retailer expects a revenue increase of 9 per cent year-over-year within the range of $337.7m to $339.7m.
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