SuperworthThredUp profit margin TDUP
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- −6.6%
- Operating margin, 12 months
- −7.1%
- Net margin on a year earlier
- +13.8 pts
- Peer median
- 3.6%
Over the twelve months to Jun 30, 2026, ThredUp kept −6.6% of its revenue as net profit, with an operating margin of −7.1% and a gross margin of 79.5%.
Five years earlier its net margin was −28.4%.
The median for 10 specialty retail stocks of a similar size is 3.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −6.5% | −7.0% | 79.4% |
| FY2024 | −29.6% | −15.6% | 79.7% |
| FY2023 | −22.1% | −22.3% | 66.4% |
| FY2022 | −32.0% | −31.0% | 66.7% |
| FY2021 | −25.1% | −24.8% | 70.7% |
| FY2020 | −25.7% | −25.0% | 68.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −6.6% | +13.8 pts | −7.1% | |
| Q1 FY26 | −6.7% | +17.9 pts | −7.1% | |
| Q4 FY25 | −6.5% | +23.1 pts | −7.0% | |
| Q3 FY25 | −12.2% | +13.3 pts | −7.8% | |
| Q2 FY25 | −20.5% | +1.0 pts | −10.5% | |
| Q1 FY25 | −24.6% | −2.7 pts | −12.6% | |
| Q4 FY24 | −29.6% | −7.5 pts | −15.6% | |
| Q3 FY24 | −25.5% | −1.1 pts | −17.2% | |
| Q2 FY24 | −21.4% | +6.0 pts | −18.6% | |
| Q1 FY24 | −21.9% | +9.4 pts | −20.6% | |
| Q4 FY23 | −22.1% | +9.9 pts | −22.3% | |
| Q3 FY23 | −24.4% | +6.9 pts | −23.6% |
Against its peers
Companies in Specialty Retail nearest ThredUp's size, closest first, today.
| Company | Profit margin |
|---|---|
| TDUPThredUp | −6.6% |
| ELAEnvela | 7.6% |
| BBWBuild-A-Bear Workshop | 10.0% |
| LOVELovesac | 2.6% |
| SGUStar | 4.6% |
| BNEDBarnes & Noble Education | 1.3% |
| WOOFPetco Health & Wellness | 0.5% |
| WINAWinmark | 45.1% |
| HZOMarinemax | 0.2% |
| SPHSuburban Propane Partners | 9.4% |
| HOURHour Loop | 1.1% |
| Peer median | 3.6% |
Where ThredUp ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on ThredUp
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.