Why Is ThredUp Stock Up Today?

ThredUp shares are trading slightly higher today, recovering a small part of yesterday's 10.5% drop. That decline followed an August 5, 2026 report in which the online secondhand-clothing marketplace posted second-quarter revenue of $90.8 million, essentially in line with the $90.25 million analysts had estimated — up 16.9% year over year — alongside a GAAP loss of $0.05 per share and adjusted EBITDA of $4.78 million, both close to expectations.

The reaction traced to guidance rather than the quarter itself. ThredUp guided next-quarter revenue to $88 million, 5.4% below analyst estimates, and cut full-year revenue guidance to $346.4 million at the midpoint from a prior $353.7 million, a reduction of roughly 2.1%. For a company whose current-quarter numbers were close to expectations on every major line, the guidance cut was the clearest signal available about how management sees demand trending in the online resale category — a small, still-maturing corner of e-commerce where a guidance cut from one of its more visible public names is worth tracking regardless of how any single quarter came in. For the full breakdown, see our dated report on the results and guidance cut.