Welcome to our dedicated page for Thredup SEC filings (Ticker: TDUP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
ThredUp Inc. filings document the public-company disclosures of an online secondhand apparel marketplace with Class A common stock trading under TDUP on Nasdaq and the Long-Term Stock Exchange. Form 8-K reports cover quarterly and annual financial results, supplemental financial information, material agreements, credit facility amendments and board appointments.
Proxy materials describe annual meeting procedures, stockholder voting matters, board structure, audit committee oversight, director compensation and related governance disclosures. The filing record also documents capital-structure items such as common stock registration and debt facility terms, including borrowing commitments, maturity, reference-rate provisions and financial covenants.
ThredUp Inc. Chief Financial Officer Sean Sobers reported multiple equity award transactions involving restricted stock units (RSUs) and Class A common stock on March 1, 2026. All transactions are coded as exercises or conversions of derivative securities, not open-market purchases or sales.
The filings show three RSU exercises of 36,667, 25,833, and 23,609 RSUs, each at a price of $0.00 per unit. Corresponding entries for Class A common stock reflect acquisitions of the same share amounts at $0.00 per share, consistent with RSUs settling into stock.
Footnotes state that each RSU represents a right to receive one share of Class A common stock. They also disclose prior RSU grants of 440,000 units on February 26, 2024, 310,000 units on January 9, 2025, and 283,312 units on January 28, 2026, each vesting in twelve equal quarterly installments, subject to continued service.
ThredUp Inc. filed its annual report detailing a growing but still unprofitable resale business focused on secondhand apparel, shoes and accessories in the United States.
Revenue from continuing operations reached $310.8 million in 2025, up from $260.0 million in 2024, a 19.5% increase. Losses from continuing operations narrowed to $20.2 million from $40.0 million, reflecting operating leverage as volume scales. The company divested 91.0% of its European Remix business in late 2024 and now reports primarily on U.S. operations.
ThredUp highlights a custom resale platform with distributed processing centers that can collectively hold more than 7.5 million items and process over 100,000 unique SKUs per day
ThredUp Inc. reported strong growth for the fourth quarter and full year 2025 while still posting GAAP losses. Q4 revenue was $79.7 million, up 18% year over year, with gross margin of 79.6% and a loss from continuing operations of $5.6 million, improved from an $8.1 million loss last year. Adjusted EBITDA from continuing operations was $2.9 million (3.7% margin), down from $5.0 million (7.4% margin) a year ago. For 2025, revenue reached $310.8 million, up 20%, while the loss from continuing operations narrowed to $20.2 million from $40.0 million. Full-year Adjusted EBITDA from continuing operations rose to $13.5 million, a 4.4% margin. Active Buyers grew 30% to 1.65 million and Orders increased 25% to 6.08 million, showing demand expansion. ThredUp ended the year with $53.1 million in cash, cash equivalents, restricted cash, and marketable securities and achieved positive annual total cash flows of $3.1 million for the first time. For 2026, the company guides to revenue of $349.0–$355.0 million, gross margin of 78–79%, and Adjusted EBITDA margin of about 6%.
Friedman Ian reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Ian Friedman received an equity grant of 2,211 shares of Class A Common Stock. The award was structured as fully vested restricted stock units granted at a price of $0.00 per share under ThredUp’s 2021 Stock Option and Incentive Plan, in lieu of his annual cash retainer paid quarterly. After this grant, Friedman directly holds 413,583 shares of ThredUp Class A Common Stock.
HALEY TIMOTHY M reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Timothy M. Haley reported receiving a grant of 2,432 fully vested restricted stock units (RSUs) of Class A common stock. The award was made at a price of $0.00 per share under ThredUp's 2021 Stock Option and Incentive Plan and is exempt under Rule 16b-3.
Each RSU represents one share of Class A common stock, and Haley elected to receive these RSUs instead of his annual cash retainer, which is paid in quarterly installments. Following this grant, his directly held Class A share balance increased to 273,268 shares.
ThredUp Inc. director Patricia Nakache reported an equity grant and updated her holdings in Class A common stock. On February 25, 2026, she acquired 3,317 fully vested restricted stock units under the 2021 Stock Option and Incentive Plan, with each unit convertible into one share and granted at $0.00 per share. She elected to receive these RSUs instead of her annual cash retainer, which is paid quarterly. Following this grant, she directly held 298,087 shares. The filing also notes 860 additional shares held indirectly by the Gordan/Nakache Family Trust, for which she serves as trustee, updating prior totals as of February 27, 2026.
Paransky Noam reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Noam Paransky received an equity grant of 2,211 shares of Class A Common Stock on February 25, 2026. The award was made as fully vested restricted stock units under the company’s 2021 Stock Option and Incentive Plan, in a transaction exempt under Rule 16b-3. Paransky elected to receive this equity grant instead of his annual cash retainer, which is paid in quarterly installments. After this grant, he holds 643,554 shares of ThredUp Class A Common Stock directly.
Rushing Coretha M reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Coretha M. Rushing received an equity grant instead of cash compensation. She was granted 2,211 fully vested restricted stock units under ThredUp’s 2021 Stock Option and Incentive Plan, with each unit representing one share of Class A common stock in a transaction exempt under Rule 16b-3.
Rushing elected to receive these RSUs in lieu of her annual cash retainer, which is paid in quarterly installments. Following this award, she directly owns 150,408 shares of ThredUp Class A common stock.
ThredUp Inc. (TDUP) disclosed that Capital World Investors has a significant passive ownership stake in the company. Capital World Investors reports beneficial ownership of 8,707,600 shares of ThredUp common stock, representing 8.4% of the 104,273,162 shares believed to be outstanding as of the relevant date.
Capital World Investors, a division of Capital Research and Management Company and its affiliated investment management entities, has sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive authority. The filing is made on a Schedule 13G/A, indicating the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of ThredUp.
ThredUp Inc. investors affiliated with Highland Capital Partners and director Daniel Nova filed Amendment No. 4 to Schedule 13G reporting their beneficial ownership of ThredUp’s Class A common stock (measured on an as-converted basis from Class B shares).
Highland Management Partners VIII and related Highland VIII funds report shared voting and dispositive power over 4,933,717 shares, representing 4.4% of the Class A common stock on an as-converted basis. Across multiple Highland VII funds, Highland Management Partners VII entities report shared power over 2,656,621 shares, or 2.4%. Daniel Nova reports beneficial ownership of 8,154,331 shares in total, or 7.3%, including 563,993 Class A shares held directly and through related entities and 7,590,338 Class B shares held by the Highland funds, all calculated using 104,273,162 Class A shares outstanding as of October 27, 2025 plus the Highland-held Class B shares on a one-for-one conversion basis.