ThredUp annual debt-to-equity ratio
2021
2022
2023
2024
2025
ThredUp Debt-to-Equity Ratio Growth & History (TDUP)
ThredUp's debt-to-equity ratio was 0.88 for fiscal 2025.
View full ThredUp company overviewThredUp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.88 | −0.16 | −15.73% |
| 2024 | 2024-12-31 | 1.05 | 0.31 | +42.12% |
| 2023 | 2023-12-31 | 0.74 | 0.13 | +21.39% |
| 2022 | 2022-12-31 | 0.61 | 0.24 | +63.43% |
| 2021 | 2021-12-31 | 0.37 | — | — |
ThredUp quarterly debt-to-equity ratio
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.83 | −0.10 | −11.15% |
| Q1 2026 | 2026-03-31 | 0.88 | −0.13 | −13.22% |
| Q4 2025 | 2025-12-31 | 0.88 | −0.16 | −15.73% |
| Q3 2025 | 2025-09-30 | 0.92 | −0.17 | −15.74% |
| Q2 2025 | 2025-06-30 | 0.94 | 0.04 | +4.63% |
| Q1 2025 | 2025-03-31 | 1.01 | 0.16 | +18.16% |
| Q4 2024 | 2024-12-31 | 1.05 | 0.31 | +42.12% |
| Q3 2024 | 2024-09-30 | 1.09 | 0.37 | +52.35% |
| Q2 2024 | 2024-06-30 | 0.90 | 0.22 | +33.51% |
| Q1 2024 | 2024-03-31 | 0.86 | 0.23 | +36.96% |
| Q4 2023 | 2023-12-31 | 0.74 | 0.13 | +21.39% |
| Q3 2023 | 2023-09-30 | 0.72 | 0.14 | +24.21% |
| Q2 2023 | 2023-06-30 | 0.67 | 0.15 | +28.08% |
| Q1 2023 | 2023-03-31 | 0.63 | 0.20 | +47.03% |
| Q4 2022 | 2022-12-31 | 0.61 | 0.24 | +63.43% |
| Q3 2022 | 2022-09-30 | 0.58 | 0.30 | +109.95% |
| Q2 2022 | 2022-06-30 | 0.52 | 0.18 | +52.83% |
| Q1 2022 | 2022-03-31 | 0.43 | 0.10 | +29.39% |
| Q4 2021 | 2021-12-31 | 0.37 | — | — |
| Q3 2021 | 2021-09-30 | 0.27 | — | — |
| Q2 2021 | 2021-06-30 | 0.34 | — | — |
| Q1 2021 | 2021-03-31 | 0.33 | — | — |
ThredUp debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, ThredUp's debt-to-equity ratio increased from 0.37 to 0.88, a change of 0.51. The latest reported quarter, Q2 2026, shows 0.83.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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