ThredUp Inc. (TDUP) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 60.38M | 56.68M | 60.5M | 60.74M | 60.46M | 56.92M | 73.36M | 78.18M | 86.86M | 93.89M | 105.49M | 109.31M | 124.97M | 134.19M | 151.52M | 177.69M | 208.42M | 228.41M | 275.45M | 242.77M |
| Cash & Short-Term Investments | 49.45M | 48.13M | 51.11M | 47.58M | 46.78M | 44.18M | 55.3M | 55.28M | 62.51M | 64.18M | 74.13M | 76.93M | 93.47M | 104.93M | 123.21M | 148.52M | 183.79M | 205.83M | 261.67M | 230.44M |
| Cash Only | 39M | 38.63M | 46.22M | 40.97M | 41.06M | 31.85M | 43.72M | 44.76M | 50.11M | 56.08M | 68.55M | 51.07M | 50.74M | 38.03M | 36.71M | 52.2M | 68.6M | 84.55M | 160.91M | 173.06M |
| Short-Term Investments | 10.46M | 9.5M | 4.89M | 6.61M | 5.72M | 12.32M | 11.58M | 10.53M | 12.4M | 8.1M | 5.58M | 25.86M | 42.73M | 66.9M | 86.5M | 96.33M | 115.19M | 121.28M | 100.76M | 57.38M |
| Accounts Receivable | 4.32M | 2.44M | 3.73M | 3.8M | 4.23M | 3.57M | 5.72M | 5.89M | 6.93M | 7.81M | 5.99M | 3.78M | 4.23M | 4.67M | 3.17M | 3.37M | 2.97M | 4.14M | 1.9M | 1.54M |
| Days Sales Outstanding | 3.72 | 3.56 | 4.21 | 4.71 | 4.92 | 15.44 | 7.31 | 8.74 | 10.39 | 7.8 | 5.48 | 4.41 | 5.28 | 5.06 | 4.43 | 3.77 | 4.4 | 3.81 | 2.5 | 2.48 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 690K | 7.38M | 10.31M | 11.58M | 15.69M | 18.17M | 20.36M | 20.93M | 17.52M | 15M | 13.94M | 12.03M | 9.82M | 4.11M | 4.36M |
| Days Inventory Outstanding | - | - | - | - | - | -23.14 | 38.67 | 70.36 | 96.78 | 50.18 | 69.73 | 69.78 | 69.69 | 56.77 | 56.78 | 49.7 | 43.76 | 25.95 | 22.67 | 22.55 |
| Other Current Assets | 6.62M | 6.11M | 5.67M | 9.37M | 9.45M | 8.49M | 4.98M | 6.7M | 5.83M | 6.2M | 7.2M | 8.24M | 6.34M | 7.08M | 10.13M | 11.86M | 9.63M | 8.63M | 7.77M | 6.42M |
| Total Non-Current Assets | 111.99M | 110.57M | 111.97M | 112.86M | 112.04M | 114.3M | 141.58M | 153.03M | 157.42M | 156.08M | 159.9M | 167.02M | 169.79M | 167.75M | 168.07M | 168.2M | 152.61M | 132.41M | 74.77M | 69.6M |
| Property, Plant & Equipment | 94.06M | 92.62M | 95.24M | 96.15M | 95.29M | 97.33M | 121.24M | 128.46M | 132.22M | 129.79M | 133.36M | 139.05M | 140.99M | 138.63M | 136.29M | 133.47M | 116.07M | 94.81M | 69.91M | 66.76M |
| Fixed Asset Turnover | 0.88x | 0.85x | 0.86x | 0.81x | 0.74x | 0.25x | 0.58x | 0.51x | 0.49x | 0.62x | 0.60x | 0.59x | 0.54x | 0.52x | 0.50x | 0.61x | 0.69x | 0.88x | 0.93x | 0.90x |
| Goodwill | 10.75M | 10.75M | 10.75M | 10.75M | 10.75M | 10.75M | 12.12M | 11.61M | 11.68M | 11.96M | 11.46M | 11.76M | 11.8M | 11.59M | 10.64M | 11.31M | 12.04M | 12.24M | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 6.63M | 7.33M | 8.16M | 8.46M | 9.35M | 10.04M | 10.5M | 10.24M | 11.52M | 12.94M | 13.85M | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 7.18M | 7.2M | 5.98M | 5.96M | 6M | 6.22M | 6.23M | 6.33M | 6.2M | 6.18M | 6.62M | 6.87M | 6.96M | 7.03M | 10.9M | 11.9M | 11.56M | 11.52M | 4.86M | 2.84M |
| Total Assets | 172.37M | 167.25M | 172.47M | 173.6M | 172.5M | 171.22M | 214.94M | 231.21M | 244.28M | 249.97M | 265.39M | 276.33M | 294.77M | 301.95M | 319.59M | 345.9M | 361.03M | 360.83M | 350.22M | 312.37M |
| Asset Turnover | 0.48x | 0.47x | 0.47x | 0.45x | 0.41x | 0.14x | 0.33x | 0.28x | 0.26x | 0.32x | 0.30x | 0.29x | 0.25x | 0.23x | 0.20x | 0.22x | 0.20x | 0.20x | 0.19x | 0.19x |
| Asset Growth % | -0.07% | -2.32% | -19.76% | -24.92% | -29.38% | -31.5% | -19.01% | -16.33% | -17.13% | -17.22% | -16.96% | -20.11% | -18.35% | -16.32% | -8.75% | 10.73% | 11.51% | 152.48% | - | - |
| Total Current Liabilities | 63.7M | 62.38M | 65.53M | 63.17M | 65.61M | 61.52M | 76.4M | 73.65M | 77.07M | 76.67M | 84.38M | 81.25M | 88.27M | 84.41M | 89.51M | 100.14M | 103.35M | 89.41M | 83.65M | 78.17M |
| Accounts Payable | 11.86M | 28.59M | 12.33M | 27.5M | 28.76M | 23.47M | 32.93M | 30.08M | 30.17M | 9.46M | 33.94M | 28.25M | 30.61M | 23.97M | 27.33M | 38.75M | 40.17M | 32.46M | 26.71M | 28.07M |
| Days Payables Outstanding | 107.02 | 143.34 | 108.11 | 160.79 | 157.52 | -161.81 | 137.74 | 193.61 | 140.64 | 64.32 | 112.54 | 99.47 | 98.92 | 89.55 | 129.63 | 151.04 | 145.47 | 110.24 | 146.68 | 166.17 |
| Short-Term Debt | 5.78M | 3.88M | 3.87M | 3.87M | 3.86M | 3.85M | 3.85M | 3.85M | 3.84M | 3.84M | 3.83M | 3.83M | 3.88M | 3.88M | 3.88M | 7.79M | 7.78M | 7.77M | 7.76M | 7.75M |
| Deferred Revenue (Current) | 0 | 9.6M | 0 | 12.39M | 12.76M | 15.56M | 16.21M | 16M | 15.86M | 17.78M | 20.59M | 22M | 23.49M | 25.68M | 25.31M | 20.47M | 19.98M | 19.1M | 17.76M | 16.16M |
| Other Current Liabilities | 46.06M | 6.34M | 35.37M | 6.74M | 7.48M | 6.49M | 8.39M | 7.33M | 10.66M | 29.4M | 8.95M | 8.57M | 9.24M | 9.9M | 12.95M | 11.43M | 14.16M | 12.65M | 11.55M | 9.92M |
| Current Ratio | 0.95x | 0.91x | 0.92x | 0.96x | 0.92x | 0.93x | 0.96x | 1.06x | 1.13x | 1.22x | 1.25x | 1.35x | 1.42x | 1.59x | 1.69x | 1.77x | 2.02x | 2.55x | 3.29x | 3.11x |
| Quick Ratio | 0.95x | 0.91x | 0.92x | 0.96x | 0.92x | 0.91x | 0.86x | 0.92x | 0.98x | 1.02x | 1.03x | 1.09x | 1.18x | 1.38x | 1.53x | 1.64x | 1.90x | 2.44x | 3.24x | 3.05x |
| Cash Conversion Cycle | - | - | - | - | - | 154.11 | -91.76 | -114.51 | -33.47 | -6.33 | -37.33 | -25.28 | -23.96 | -27.72 | -68.42 | -97.57 | -97.31 | -80.48 | -121.5 | -141.14 |
| Total Non-Current Liabilities | 49.28M | 45.67M | 47.86M | 50.22M | 50.81M | 53.4M | 69.27M | 71.07M | 73.68M | 69.38M | 71.46M | 74.48M | 75.42M | 77.53M | 80.39M | 77.83M | 69.99M | 65.68M | 50.89M | 53.36M |
| Long-Term Debt | 28.67M | 14.28M | 15.25M | 16.22M | 17.18M | 18.15M | 19.12M | 20.08M | 21.04M | 22.01M | 22.97M | 23.93M | 24.83M | 25.79M | 26.86M | 23.7M | 25.63M | 27.56M | 29.48M | 31.39M |
| Capital Lease Obligations | 0 | 28.58M | 30.06M | 31.5M | 31.14M | 32.49M | 47.15M | 48.07M | 49.75M | 44.62M | 45.26M | 47.36M | 47.52M | 48.73M | 50.62M | 51.5M | 42.03M | 37M | 19.23M | 20.03M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 20.61M | 2.82M | 2.56M | 2.51M | 2.49M | 2.76M | 3.01M | 2.92M | 2.88M | 2.75M | 3.23M | 3.2M | 3.07M | 3.02M | 2.9M | 2.63M | 2.32M | 1.12M | 2.19M | 1.94M |
| Total Liabilities | 112.98M | 108.05M | 113.4M | 113.4M | 116.42M | 114.92M | 145.67M | 144.72M | 150.75M | 146.05M | 155.84M | 155.73M | 163.68M | 161.95M | 169.9M | 177.97M | 173.34M | 155.09M | 134.54M | 131.53M |
| Total Debt | 34.45M | 52.13M | 54.3M | 56.45M | 56.79M | 58.84M | 75.57M | 77.51M | 80.15M | 76.41M | 78.44M | 80.95M | 82.03M | 84.81M | 86.29M | 88.01M | 79.88M | 76.25M | 59.22M | 62.01M |
| Net Debt | -4.55M | 13.5M | 8.08M | 15.48M | 15.73M | 26.99M | 31.85M | 32.75M | 30.04M | 20.33M | 9.89M | 29.88M | 31.29M | 46.78M | 49.58M | 35.81M | 11.28M | -8.29M | -101.69M | -111.05M |
| Debt / Equity | 0.58x | 0.88x | 0.92x | 0.94x | 1.01x | 1.05x | 1.09x | 0.90x | 0.86x | 0.74x | 0.72x | 0.67x | 0.63x | 0.61x | 0.58x | 0.52x | 0.43x | 0.37x | 0.27x | 0.34x |
| Debt / EBITDA | - | - | - | - | - | 3.25x | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | 1.49x | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -17.16x | -11.89x | -7.98x | -9.37x | -9.04x | 27.96x | -38.38x | -13.40x | -16.99x | -19.62x | -23.70x | -25.00x | -255.94x | -474.49x | -228.80x | -118.29x | -47.92x | -33.14x | -22.74x | -24.07x |
| Total Equity | 59.39M | 59.19M | 59.07M | 60.21M | 56.08M | 56.3M | 69.27M | 86.49M | 93.53M | 103.92M | 109.55M | 120.6M | 131.09M | 140M | 149.69M | 167.93M | 187.69M | 205.73M | 215.67M | 180.84M |
| Equity Growth % | 5.9% | 5.14% | -14.72% | -30.39% | -40.04% | -45.82% | -36.77% | -28.28% | -28.65% | -25.77% | -26.82% | -28.19% | -30.16% | -31.95% | -30.59% | -7.14% | -1.95% | 192.6% | - | - |
| Book Value per Share | 0.47 | 0.47 | 0.48 | 0.50 | 0.48 | 0.49 | 0.61 | 0.78 | 0.86 | 0.96 | 1.03 | 1.16 | 1.29 | 1.39 | 1.49 | 1.69 | 1.90 | 2.10 | 2.24 | 1.91 |
| Total Shareholders' Equity | 59.39M | 59.19M | 59.07M | 60.21M | 56.08M | 56.3M | 69.27M | 86.49M | 93.53M | 103.92M | 109.55M | 120.6M | 131.09M | 140M | 149.69M | 167.93M | 187.69M | 205.73M | 215.67M | 180.84M |
| Common Stock | 12K | 12K | 12K | 12K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 10K | 10K | 10K | 10K | 10K | 10K | 10K | 9K |
| Retained Earnings | -582.55M | -576.08M | -570.5M | -566.25M | -561.08M | -555.86M | -534.15M | -509.38M | -495.43M | -478.88M | -464.26M | -446.18M | -427.42M | -407.63M | -388.13M | -364.45M | -336.05M | -315.34M | -297.43M | -282.72M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -19K | 3K | 0 | -2K | -2K | 3K | -2.27M | -3.47M | -3.25M | -2.38M | -3.94M | -3.01M | -3.08M | -4.23M | -7.64M | -5.39M | -2.8M | -1.09M | -28K | -36K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |