ThredUp Inc. (TDUP) Q4 2025 Earnings Call Transcript

SA Transcripts158.76K FollowersFollow5ShareSaveCommentsQ4: 2026-03-02 Earnings SummaryInsightsTranscript InsightsPlay CallPlay CallEPS of -$0.04 misses by $0.00 | Revenue of $79.70M (18.49% Y/Y) beats by $2.54M ThredUp Inc. (TDUP) Q4 2025 Earnings Call March 2, 2026 4:30 PM EST Company Participants Lauren Frasch - Senior Director of Investor Relations & Strategic FinanceJames Reinhart - Co-Founder, CEO & DirectorSean Sobers - Chief Financial Officer Conference Call Participants Irwin Boruchow - Wells Fargo Securities, LLC, Research DivisionMatt Koranda - ROTH Capital Partners, LLC, Research DivisionDylan Carden - William Blair & Company L.L.C., Research DivisionDana Telsey - Telsey Advisory Group LLCRobert Brooks - Northland Capital Markets, Research DivisionJulia Shelanski - TD Cowen, Research Division Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the TDUP Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] This call is being recorded on Monday, March 2, 2026. I would now like to turn the conference over to Lauren Frasch, Head of IR. Please go ahead. Lauren FraschSenior Director of Investor Relations & Strategic Finance Good afternoon, and thank you for joining us on today's conference call to discuss ThredUp's Fourth Quarter and 2025 financial results. With me are James Reinhart, ThredUp's CEO and Co-Founder; and Sean Sobers, CFO. We posted our press release and supplemental financial information on our Investor Relations website at ir.thredup.com. This call is being webcast on our IR website, and a replay of this call will be available on the site shortly. Before we begin, I'd like to remind you that we will make forward-looking statements during the course of this call. Such statements are based on current expectations and assumptions that are subject to a number of risks and uncertainties. Actual results could differ materially. Please refer to our earnings release, the supplemental financial information in our Forms 10-K and 10-Q for more information on these expectations, assumptions and related risk factors. We undertake no obligation to update any forward-looking statements. During this call, we