🚀 VC round data is live in beta, check it out!
ThredUp Overview
About ThredUp
ThredUp Inc is an online resale platform for women and kids apparel, shoes, and accessories. It generates revenue from items that are sold to buyers through the website, mobile app and RaaS partners. Geographically, the majority of the company's revenue is generated from United States.
Founded
2009
HQ
Employees
1.6K
Website
Financials (LTM)
EV
$579M
ThredUp Financials
ThredUp reported last 12-month revenue of $323M and EBITDA of $16M.
In the same LTM period, ThredUp generated $264M in gross profit, $16M in EBITDA, and had net loss of ($19M).
Revenue (LTM)
ThredUp P&L
In the most recent fiscal year, ThredUp reported revenue of $311M and EBITDA of $14M.
ThredUp expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $323M | XXX | $311M | XXX | XXX | XXX |
| Gross Profit | $264M | XXX | $247M | XXX | XXX | XXX |
| Gross Margin | 82% | XXX | 79% | XXX | XXX | XXX |
| EBITDA | $16M | XXX | $14M | XXX | XXX | XXX |
| EBITDA Margin | 5% | XXX | 4% | XXX | XXX | XXX |
| EBIT Margin | (6%) | XXX | (7%) | XXX | XXX | XXX |
| Net Profit | ($19M) | XXX | ($20M) | XXX | XXX | XXX |
| Net Margin | (6%) | XXX | (7%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
ThredUp Stock Performance
ThredUp has current market cap of $575M, and enterprise value of $579M.
Market Cap Evolution
ThredUp's stock price is $4.46.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $579M | $575M | 0.0% | XXX | XXX | XXX | $-0.16 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialThredUp Valuation Multiples
ThredUp trades at 1.8x EV/Revenue multiple, and 36.7x EV/EBITDA.
EV / Revenue (LTM)
ThredUp Financial Valuation Multiples
As of April 19, 2026, ThredUp has market cap of $575M and EV of $579M.
Equity research analysts estimate ThredUp's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
ThredUp has a P/E ratio of (30.7x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $575M | XXX | $575M | XXX | XXX | XXX |
| EV (current) | $579M | XXX | $579M | XXX | XXX | XXX |
| EV/Revenue | 1.8x | XXX | 1.9x | XXX | XXX | XXX |
| EV/EBITDA | 36.7x | XXX | 42.8x | XXX | XXX | XXX |
| EV/EBIT | (29.3x) | XXX | (26.7x) | XXX | XXX | XXX |
| EV/Gross Profit | 2.2x | XXX | 2.3x | XXX | XXX | XXX |
| P/E | (30.7x) | XXX | (28.5x) | XXX | XXX | XXX |
| EV/FCF | 140.8x | XXX | 2955.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified ThredUp Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
ThredUp Margins & Growth Rates
ThredUp's revenue in the last 12 month grew by 13%.
ThredUp's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.2M for the same period.
ThredUp's rule of 40 is 19% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
ThredUp's rule of X is 40% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
ThredUp Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | 5% | XXX | 4% | XXX | XXX | XXX |
| EBITDA Growth | 51% | XXX | 56% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 19% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 40% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 19% | XXX | 19% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 18% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 48% | XXX | 48% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 86% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
ThredUp Public Comps
See public comps and valuation multiples for other Consumer Marketplaces and Vertical Marketplaces comps.
Valuation data powered by FactSet, Inc.
ThredUp M&A Activity
ThredUp acquired XXX companies to date.
Last acquisition by ThredUp was on XXXXXXXX, XXXXX. ThredUp acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by ThredUp
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialThredUp Investment Activity
ThredUp invested in XXX companies to date.
ThredUp made its latest investment on XXXXXXXX, XXXXX. ThredUp invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by ThredUp
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout ThredUp
| When was ThredUp founded? | ThredUp was founded in 2009. |
| Where is ThredUp headquartered? | ThredUp is headquartered in United States. |
| How many employees does ThredUp have? | As of today, ThredUp has over 1K employees. |
| Who is the CEO of ThredUp? | ThredUp's CEO is James Reinhart. |
| Is ThredUp publicly listed? | Yes, ThredUp is a public company listed on Nasdaq. |
| What is the stock symbol of ThredUp? | ThredUp trades under TDUP ticker. |
| When did ThredUp go public? | ThredUp went public in 2021. |
| Who are competitors of ThredUp? | ThredUp main competitors are Groupon, EverQuote, DIP, Nextdoor. |
| What is the current market cap of ThredUp? | ThredUp's current market cap is $575M. |
| What is the current revenue of ThredUp? | ThredUp's last 12 months revenue is $323M. |
| What is the current revenue growth of ThredUp? | ThredUp revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of ThredUp? | Current revenue multiple of ThredUp is 1.8x. |
| Is ThredUp profitable? | Yes, ThredUp is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of ThredUp? | ThredUp's last 12 months EBITDA is $16M. |
| What is ThredUp's EBITDA margin? | ThredUp's last 12 months EBITDA margin is 5%. |
| What is the current EV/EBITDA multiple of ThredUp? | Current EBITDA multiple of ThredUp is 36.7x. |
| What is the current FCF of ThredUp? | ThredUp's last 12 months FCF is $4M. |
| What is ThredUp's FCF margin? | ThredUp's last 12 months FCF margin is 1%. |
| What is the current EV/FCF multiple of ThredUp? | Current FCF multiple of ThredUp is 140.8x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.