Income Statement (TTM)
ThredUp Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 186 | 193 | 206 | 222 | 252 | 269 | 285 | 290 | 288 | 292 | 298 | 312 | 259 | 247 | 231 | 222 | 260 | 267 | 278 |
| Change (%) | 3.96 | 6.53 | 7.93 | 13.24 | 6.76 | 6.12 | 1.64 | -0.54 | 1.12 | 2.14 | 4.74 | -17.13 | -4.41 | -6.45 | -3.91 | 17.05 | 2.60 | 4.10 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 58 | 58 | 60 | 63 | 74 | 80 | 88 | 94 | 96 | 98 | 102 | 104 | 60 | 48 | 35 | 31 | 53 | 55 | 57 |
| Change (%) | 0.47 | 2.59 | 5.07 | 17.54 | 8.83 | 9.91 | 7.11 | 1.76 | 2.46 | 3.20 | 1.94 | -42.01 | -20.00 | -26.58 | -12.42 | 71.33 | 3.97 | 3.20 | |
| % of Revenue | 31.11 | 30.07 | 28.95 | 28.18 | 29.25 | 29.82 | 30.89 | 32.55 | 33.30 | 33.75 | 34.10 | 33.19 | 23.22 | 19.44 | 15.25 | 13.90 | 20.35 | 20.62 | 20.44 |
| Gross Operating Profit | 128 | 135 | 146 | 160 | 178 | 189 | 197 | 196 | 192 | 193 | 196 | 208 | 198 | 199 | 196 | 191 | 207 | 212 | 221 |
| Change (%) | 5.53 | 8.22 | 9.10 | 11.56 | 5.90 | 4.51 | -0.81 | -1.65 | 0.45 | 1.60 | 6.18 | -4.77 | 0.31 | -1.59 | -2.37 | 8.29 | 2.25 | 4.33 | |
| % of Revenue | 68.89 | 69.93 | 71.05 | 71.82 | 70.75 | 70.18 | 69.11 | 67.45 | 66.70 | 66.25 | 65.90 | 66.81 | 76.78 | 80.56 | 84.75 | 86.10 | 79.65 | 79.38 | 79.56 |
| SG&A | 175 | 183 | 202 | 220 | 241 | 257 | 280 | 287 | 282 | 282 | 276 | 282 | 251 | 244 | 232 | 224 | 248 | 245 | 250 |
| Change (%) | 4.86 | 10.11 | 9.04 | 9.33 | 6.82 | 8.94 | 2.53 | -1.80 | 0.17 | -2.32 | 2.22 | -10.79 | -2.85 | -5.03 | -3.36 | 10.49 | -0.93 | 1.96 | |
| % of Revenue | 93.94 | 94.75 | 97.94 | 98.94 | 95.52 | 95.58 | 98.11 | 98.98 | 97.73 | 96.81 | 92.59 | 90.37 | 97.28 | 98.86 | 100.36 | 100.94 | 95.27 | 92.00 | 90.11 |
| R&D | |||||||||||||||||||
| Change (%) | |||||||||||||||||||
| % of Revenue | |||||||||||||||||||
| OpEx | 233 | 241 | 261 | 283 | 314 | 337 | 368 | 381 | 378 | 381 | 377 | 385 | 312 | 292 | 267 | 255 | 301 | 300 | 307 |
| Change (%) | 3.77 | 8.30 | 8.13 | 11.15 | 7.29 | 9.17 | 3.63 | -0.92 | 0.75 | -0.89 | 2.15 | -19.18 | -6.16 | -8.57 | -4.55 | 17.85 | -0.07 | 2.19 | |
| % of Revenue | 125.05 | 124.81 | 126.89 | 127.12 | 124.78 | 125.40 | 129.00 | 131.53 | 131.03 | 130.55 | 126.68 | 123.55 | 120.50 | 118.30 | 115.62 | 114.84 | 115.62 | 112.62 | 110.55 |
| Operating Income | -47 | -48 | -55 | -60 | -62 | -68 | -83 | -91 | -89 | -89 | -79 | -73 | -53 | -45 | -36 | -33 | -41 | -34 | -29 |
| Change (%) | 2.99 | 15.45 | 8.87 | 3.45 | 9.45 | 21.16 | 10.51 | -2.12 | -0.44 | -10.80 | -7.55 | -27.87 | -14.69 | -20.14 | -8.69 | 23.22 | -17.14 | -12.95 | |
| % of Revenue | -25.05 | -24.81 | -26.89 | -27.12 | -24.78 | -25.40 | -29.00 | -31.53 | -31.03 | -30.55 | -26.68 | -23.55 | -20.50 | -18.30 | -15.62 | -14.84 | -15.62 | -12.62 | -10.55 |
| Interest Expense | -1 | -2 | -2 | -2 | -2 | -2 | -2 | -1 | -1 | -0 | -1 | -2 | -2 | -3 | -3 | -3 | -3 | -2 | -2 |
| Change (%) | 48.05 | 20.19 | -5.64 | 3.83 | -5.98 | -15.66 | -28.60 | -37.50 | -42.98 | 105.23 | 66.77 | 42.52 | 26.80 | -2.43 | -3.72 | -5.32 | -6.46 | -6.60 | |
| % of Revenue | -0.70 | -1.00 | -1.13 | -0.99 | -0.90 | -0.80 | -0.63 | -0.44 | -0.28 | -0.16 | -0.32 | -0.50 | -0.87 | -1.15 | -1.20 | -1.20 | -0.97 | -0.89 | -0.79 |
| Net Income | -48 | -51 | -59 | -62 | -63 | -68 | -82 | -91 | -92 | -91 | -82 | -76 | -71 | -68 | -63 | -70 | -77 | -66 | -57 |
| Change (%) | 6.17 | 15.19 | 6.34 | 1.46 | 7.18 | 20.71 | 10.97 | 1.75 | -0.99 | -10.55 | -6.85 | -6.42 | -4.55 | -7.07 | 10.58 | 10.15 | -14.73 | -13.37 | |
| % of Revenue | -25.74 | -26.29 | -28.42 | -28.00 | -25.09 | -25.19 | -28.65 | -31.28 | -32.00 | -31.33 | -27.44 | -24.41 | -27.56 | -27.52 | -27.34 | -31.46 | -29.61 | -24.61 | -20.48 |
Source: Capital IQ
