ThredUp will release its financial results for the second quarter ended June 30, 2026, on Wednesday, August 5, 2026, after the close of the U.S. markets. The announcement provides investors with the date to assess the online resale platform's performance for the period. ThredUp will host a conference call and live webcast on the same day at 1:30 p.m. PT / 4:30 p.m. ET to discuss the quarterly outcomes.

Conference Call Details

The live and archived webcast, along with all related earnings materials, will be accessible through ThredUp’s investor relations website. Investors and interested parties can find the broadcast at ir.thredup.com/news-events/events-and-presentations. This session will offer direct insight into the company's financial health and operational metrics for Q2 2026.

Company Overview

ThredUp operates as one of the largest online resale platforms for apparel, shoes, and accessories. The company utilizes a proprietary operating platform comprising distributed processing infrastructure, proprietary software, and data science expertise to manage its marketplace. Through its Resale-as-a-Service offering, ThredUp enables brands and retailers to integrate scalable resale experiences into their operations.

Operational Scale

The platform has processed over 250 million unique secondhand items from 60,000 brands across 100 categories. By extending the lifecycle of clothing, ThredUp aims to promote a more sustainable future for the fashion industry. The company’s business model facilitates closet clean-outs for sellers and offers value, premium, and luxury brands to buyers at significant discounts.

ThredUp has launched the open beta of Direct Listing, a peer-to-peer (P2P) selling experience integrated into its existing online resale platform. The new service allows sellers to list individual high-value items directly while leveraging ThredUp's marketplace infrastructure. By combining its managed Clean Out services with instant P2P listing tools, the company aims to capture the full spectrum of resale needs and serve customers who seek both convenience and control.

Direct Listing offers several features designed to simplify the selling process and maximize earnings. Sellers benefit from 0% seller fees, retaining 100% of their earnings, and can utilize AI-powered "One-Tap" listing for background removal and auto-fill product details. ThredUp manages returns and customer disputes using its distribution centers and customer service logistics, while P2P listings are integrated directly into the primary marketplace to reach millions of active daily buyers.

James Reinhart, Co-Founder and CEO of ThredUp, stated that the expansion into a platform supporting various resale needs allows the company to meet customers where they are. He emphasized that the combination of marketplace scale, AI tools, and operational infrastructure creates a one-stop shop for resale that is easier and more trustworthy.

Beta testing for Direct Listing demonstrated strong performance, unlocking a new category of premium inventory. The service fueled double-digit month-over-month growth in both listings and orders. Nearly 18% of Direct Listings were priced above $100, and the average selling price reached $60, more than double the average on ThredUp's traditional marketplace. The test also revealed a sophisticated seller community, with 74% covering shipping costs and 29% covering returns to enhance the shopping experience.

The introduction of Direct Listing complements ThredUp's existing Clean Out Bag service, providing consumers with options for clearing entire closets or selling single items. This dual approach allows ThredUp to serve more selling occasions and supply buyers with a broader selection of secondhand inventory.