ThredUp annual net debt
2020
2021
2022
2023
2024
2025
ThredUp Net Debt Growth & History (TDUP)
ThredUp's net debt was $13.5M for fiscal 2025.
View full ThredUp company overviewThredUp annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $13.5M | −$13.5M | −49.97% |
| 2024 | 2024-12-31 | $27.0M | $4.9M | +22.25% |
| 2023 | 2023-12-31 | $22.1M | −$24.7M | −52.80% |
| 2022 | 2022-12-31 | $46.8M | $55.1M | — |
| 2021 | 2021-12-31 | −$8.3M | −$3.5M | — |
| 2020 | 2020-12-31 | −$4.8M | — | — |
ThredUp quarterly net debt
Q4.20
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.4M | −$7.0M | −45.49% |
| Q1 2026 | 2026-03-31 | $13.2M | −$2.5M | −16.15% |
| Q4 2025 | 2025-12-31 | $13.5M | −$13.5M | −49.97% |
| Q3 2025 | 2025-09-30 | $8.1M | −$23.8M | −74.63% |
| Q2 2025 | 2025-06-30 | $15.5M | −$17.3M | −52.73% |
| Q1 2025 | 2025-03-31 | $15.7M | −$14.3M | −47.63% |
| Q4 2024 | 2024-12-31 | $27.0M | $4.9M | +22.25% |
| Q3 2024 | 2024-09-30 | $31.9M | $22.0M | +222.08% |
| Q2 2024 | 2024-06-30 | $32.8M | $2.9M | +9.63% |
| Q1 2024 | 2024-03-31 | $30.0M | −$1.2M | −3.98% |
| Q4 2023 | 2023-12-31 | $22.1M | −$24.7M | −52.80% |
| Q3 2023 | 2023-09-30 | $9.9M | −$39.7M | −80.05% |
| Q2 2023 | 2023-06-30 | $29.9M | −$5.9M | −16.57% |
| Q1 2023 | 2023-03-31 | $31.3M | $20.0M | +177.37% |
| Q4 2022 | 2022-12-31 | $46.8M | $55.1M | — |
| Q3 2022 | 2022-09-30 | $49.6M | $151.3M | — |
| Q2 2022 | 2022-06-30 | $35.8M | $146.9M | — |
| Q1 2022 | 2022-03-31 | $11.3M | $194.8M | — |
| Q4 2021 | 2021-12-31 | −$8.3M | −$3.5M | — |
| Q3 2021 | 2021-09-30 | −$101.7M | — | — |
| Q2 2021 | 2021-06-30 | −$111.0M | — | — |
| Q1 2021 | 2021-03-31 | −$183.6M | — | — |
| Q4 2020 | 2020-12-31 | −$4.8M | — | — |
ThredUp net debt trends
Over the last five fiscal years, ThredUp's net debt increased from −$4.8M to $13.5M, a change of $18.3M. The latest reported quarter, Q2 2026, shows $8.4M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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