ThredUp achieves 34 percent revenue growth in Q3 2025

ThredUp Inc., online resale platform for apparel, announced strong financial results for the third quarter ended September 30, 2025, marking its fourth consecutive quarter of accelerating revenue growth. Revenue jumped 34 percent year-over-year to 82.2 million dollars, a performance CEO and co-founder James Reinhart credited to "exceptional new buyer acquisition and order growth."

Order volume surged 37 percent to 1.61 million, while active buyers increased 26 percent to 1.57 million. The company made significant strides in profitability, turning its adjusted EBITDA from continuing operations into a positive 3.8 million dollars or 4.6 percent of revenue, a major improvement from 0.3 million dollars last year. The loss from continuing operations also narrowed substantially, falling from 10.4 million dollars to 4.2 million dollars.

Reinhart noted that a recent fully rebranded ThredUp experience—featuring new products and features—will strengthen its competitive position, enabled by years of investment in data and technology.

Looking ahead, ThredUp updated its full fiscal year 2025 revenue outlook to a range of 307 million dollars to 309 million dollars, representing an 18 percent year-over-year growth at the midpoint, with adjusted EBITDA margin expected to be approximately 4.2 percent.