ThredUp's Q1 2026: AI, Supply, Marketing Drive Growth

ThredUps Q1 2026 earnings showcase strong growth: revenue up 14.6% to $81.7M, gross margin at 79.2%, and adjusted EBITDA at 3.4% of revenue. Active buyers surged 25% to 1.7M, with orders up 19.3%. AI upgrades, like personalized feeds and exact match items, drove success. Marketing spend on Meta and Pinterest boosted buyer lifetime value. Despite a more selective consumer, new buyer growth soared 27%, and supply side heated up with 17% more listings and 90% surge in new seller kit requests via TikTok. Guidance for Q2 and full year 2026 remains steady, with revenue growth of 16% and 14% respectively, and EBITDA margin expansion. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0203ca33e9d39db9