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November 4, 2025

ThredUp announced on Tuesday sales for the third quarter surged 34 percent to $82.2 million, with the U.S. resale platform attributing the increase to a lift in customer numbers and order growth.

ThredUp

The Oakland, California-based company said active buyer numbers rose 26 percent to 1.57 million, while orders skyrocketed 37 percent to 1.61 million for the third quarter ending September.

Net income fell to $583,000 during the quarter, compared to $739,000 in the prior-year period.

​“In Q3, we are proud to have delivered our fourth consecutive quarter of accelerating revenue growth, driven by exceptional new buyer acquisition and order growth,” said ThredUp CEO and co-founder, James Reinhart.

“This quarter, we launched a fully rebranded ThredUp experience, with new products and features that create a more personalized and engaging way to buy and sell secondhand. These advancements are enabled by years of investment in our data and technology infrastructure, positioning us to innovate faster and strengthen our competitive moat in the growing resale market.”

Looking ahead, ThredUp expects full-year revenue to be in the range of $307 million to $309 million, up 18 percent year-over-year at the midpoint.

Earlier this year, ThredUp in late September unveiled a full rebrand designed to strengthen its position as a leader in the now-mainstream secondhand market. 

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