ThredUp
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. ThredUp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 12% to $322,022,000. The net income raised on -$71,248,000 and profit margin reached -22%. Total operating expenses were $282,795,000.

Profit Margin

ThredUp Inc. (NASDAQ:TDUP): Profit margin
2018 129.55M -34.18M -26.38%
2019 163.81M -38.19M -23.32%
2020 186.01M -47.87M -25.74%
2021 251.79M -63.17M -25.09%
2022 288.37M -92.28M -32%
2023 322.02M -71.24M -22.13%

TDUP Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
322.02M288.37M251.79M186.01M163.81M129.55M
Cost of revenue
108.21M96.04M73.66M57.86M51.30M51.54M
Gross profit
213.80M192.33M178.13M128.14M112.50M78.01M
Operating exp.
Research and development
037.6M28.7M20.7M19M0
Selling and marketing
66.27M64.36M63.62M44.76M44.98M27.23M
Total operating expenses
282.79M281.82M240.51M174.73M149.31M112.26M
Operating income
-71.83M-89.48M-62.38M-46.58M-36.80M-34.25M
Other income (expenses), net
608K-2.76M-710K-1.23M-1.35M549K
Income before tax
-71.22M-92.24M-63.09M-47.82M-38.16M-34.14M
Income tax expense
19K35K80K56K36K37K
Net income
-71.24M-92.28M-63.17M-47.87M-38.19M-34.18M
Earnings per share
Basic EPS
-0.68-0.92-0.64-0.52-0.41-0.44
Diluted EPS
-0.68-0.92-0.64-0.52-0.41-0.44
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