Overview

* Second-hand clothing retailer ThredUp Q2 2025 revenue grows 16% yr/yr, beating analyst expectations

* Company achieves gross margin of 79.5%, gross profit rises 17% yr/yr

* ThredUp ( TDUP ) raises full-year 2025 revenue and adjusted EBITDA margin outlook

Outlook

* ThredUp expects Q3 2025 revenue between $76 mln and $78 mln

* Company forecasts Q3 2025 gross margin between 77% and 79%

* ThredUp anticipates Q4 2025 revenue between $73 mln and $75 mln

* Company projects full-year 2025 revenue between $298 mln and $302 mln

Result Drivers

* STRONG CUSTOMER GROWTH - ThredUp ( TDUP ) attributes record quarterly revenue to strong customer and order growth, per CEO James Reinhart

* AI-LED PRODUCT JOURNEY - Positive results in new buyer and seller growth linked to ongoing AI-led product initiatives

* NEW BUYER ACQUISITION - Company reports best quarter for new buyer acquisition, with growth of 74% year-over-year

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $77.66 $73.80

Revenue mln mln (4

Analysts

)

Q2 Net -$5.18

Income mln

Q2 Gross 79.5%

Margin

Q2 Basic -$0.04

EPS

Q2 Gross $61.74

Profit mln

Q2 -$5.24

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the online services peer group is "buy"

* Wall Street's median 12-month price target for ThredUp Inc ( TDUP ) is $9.00, about 5.9% above its August 1 closing price of $8.47

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)