Financial Performance - Q2 2025 revenue reached $78 million, showing a year-over-year growth of 16%[8] - Q2 2025 gross profit was $62 million, resulting in a gross profit margin of 79%[8] - Q2 2025 Adjusted EBITDA was $3 million, representing 4% of revenue[8] - The company had $56 million in cash and $20 million in debt at the end of Q2 2025[8] User Engagement - ThredUp had 1.5 million active buyers in Q2 2025, a 17% increase year-over-year[8] - Total orders in Q2 2025 amounted to 1.5 million, reflecting a 21% year-over-year growth[8] Sustainability Impact - ThredUp's operations have saved 666 million pounds of carbon emissions[8] - The company has also contributed to saving 1.3 billion kWh of energy[8] - Water savings attributed to ThredUp's efforts amount to 7 billion gallons[8] Market Position and Strategy - The U S secondhand apparel market grew 14% in 2024, which is 5 times faster than the broader retail clothing market[38] - The U S throws away approximately 17 billion pounds of apparel that could be recycled and reused[39]

Financial Performance - Q1 2025 revenue reached $71 million, showing a year-over-year growth of 10%[8] - Q1 2025 gross profit was $56 million, resulting in a gross profit margin of 79%[8] - Q1 2025 Adjusted EBITDA was $4 million, representing an Adjusted EBITDA margin of 5%[8] Operational Metrics - ThredUp had 14 million active buyers in Q1 2025, a year-over-year increase of 6%[8] - Q1 2025 orders totaled 14 million, reflecting a year-over-year growth of 16%[8] - The company saved 666 million pounds of carbon emissions, 13 billion kWh of energy, and 7 billion gallons of water[8] Strategic Initiatives - ThredUp's operating platform leverages multi-year infrastructure investments for single-SKU logistics at scale[10] - The company's AI-powered search tools, including image search and chat search, enhance the customer experience[27, 28] - The U S secondhand apparel market is expected to grow at a 9% CAGR from 2024 to 2029[37]