ThredUp Inc Net Assets
ThredUp Inc net assets. Based on the latest financial reports, ThredUp Inc (TDUP) has net assets worth $60.75 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($170.14 Million) and total liabilities ($109.39 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore ThredUp Inc equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $60.75 Million |
| % of Total Assets | 35.7% |
| Annual Growth Rate | 27.26% |
| 5-Year Change | -71.23% |
| 10-Year Change | N/A |
| Growth Volatility | 699.85 |
Net Assets of ThredUp Inc (2018–2025)
Net assets of ThredUp Inc from 2018 to 2025. This chart illustrates how ThredUp Inc's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of ThredUp Inc to measure how much of total assets are equity-financed.
Annual Net Assets for ThredUp Inc (2018–2025)
The table below shows the annual net assets of ThredUp Inc from 2018 to 2025. For live market cap and overall valuation, see TDUP company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $59.19 Million | +5.14% |
| 2024-12-31 | $56.30 Million | -45.82% |
| 2023-12-31 | $103.92 Million | -25.77% |
| 2022-12-31 | $140.00 Million | -31.95% |
| 2021-12-31 | $205.73 Million | +192.60% |
| 2020-12-31 | $-222.18 Million | -21.25% |
| 2019-12-31 | $-183.24 Million | -1773.74% |
| 2018-12-31 | $10.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ThredUp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 41054700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
ThredUp Inc Net Assets Breakdown (December 2025)
ThredUp Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.00K | 0.02% |
| Other Comprehensive Income | $3.00K | 0.01% |
| Other Components | $635.25 Million | 1073.19% |
| Total Equity | $59.19 Million | 100.00% |
ThredUp Inc Competitors by Market Cap
The table below lists competitors of ThredUp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ITHAX Acquisition Corp III Class A Ordinary Shares
NASDAQ:ITHA
|
$232.07 Million |
|
Nu Skin Enterprises Inc
NYSE:NUS
|
$232.07 Million |
|
Zhuzhou Feilu High-Tech Materials Co Ltd
SHE:300665
|
$232.10 Million |
|
Vestland Berhad
KLSE:0273
|
$232.11 Million |
|
Spring Valley Acquisition Corp. IV Class A Ordinary Shares
NASDAQ:SVIV
|
$231.96 Million |
|
AerSale Corp
NASDAQ:ASLE
|
$231.95 Million |
|
Huasi Agricultural Development Co Ltd
SHE:002494
|
$231.89 Million |
|
Ammo Inc
NASDAQ:POWW
|
$231.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ThredUp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 56,301,000 to 59,193,000, a change of 2,892,000 (5.1%).
- Net loss of 20,214,000 reduced equity.
- Other factors increased equity by 23,106,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.21 Million | -34.15% |
| Other Changes | $23.11 Million | +39.04% |
| Total Change | $- | 5.14% |
Book Value vs Market Value Analysis
This analysis compares ThredUp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.30x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.80x to 4.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.14 | $2.09 | x |
| 2019-12-31 | $-1.95 | $2.09 | x |
| 2020-12-31 | $-2.45 | $2.09 | x |
| 2021-12-31 | $2.67 | $2.09 | x |
| 2022-12-31 | $1.40 | $2.09 | x |
| 2023-12-31 | $0.99 | $2.09 | x |
| 2024-12-31 | $0.50 | $2.09 | x |
| 2025-12-31 | $0.49 | $2.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ThredUp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -34.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.50%
- • Asset Turnover: 1.86x
- • Equity Multiplier: 2.83x
- Recent ROE (-34.15%) is above the historical average (-81.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -312.21% | -26.38% | 2.74x | 4.31x | $-35.28 Million |
| 2019 | 0.00% | -23.32% | 1.34x | 0.00x | $-19.87 Million |
| 2020 | 0.00% | -25.74% | 1.30x | 0.00x | $-25.66 Million |
| 2021 | -30.71% | -25.09% | 0.70x | 1.75x | $-83.75 Million |
| 2022 | -65.92% | -32.00% | 0.96x | 2.16x | $-106.28 Million |
| 2023 | -68.56% | -27.56% | 1.03x | 2.41x | $-81.64 Million |
| 2024 | -136.74% | -29.61% | 1.52x | 3.04x | $-82.62 Million |
| 2025 | -34.15% | -6.50% | 1.86x | 2.83x | $-26.13 Million |
Industry Comparison
This section compares ThredUp Inc's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $6,199,037,692
- Average return on equity (ROE) among peers: -12.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ThredUp Inc (TDUP) | $60.75 Million | -312.21% | 1.80x | $232.01 Million |
| Winamp Group SA (ALPET) | $3.19 Million | -19.36% | 0.11x | $13.13 Million |
| Amazon.com Inc (AMZN) | $62.06 Billion | 18.67% | 2.63x | $2.65 Trillion |
| Beyond, Inc. (BYON) | $172.12 Million | -63.84% | 1.52x | $541.91 Million |
| Baozun Inc (BZUN) | $321.47 Million | -14.69% | 0.45x | $138.03 Million |
| Maplebear Inc. (CART) | $1.58 Billion | -4.44% | 0.33x | $9.93 Billion |
| Chewy Inc (CHWY) | $-335.94 Million | 0.00% | 0.00x | $5.19 Billion |
| Coupang LLC (CPNG) | $4.10 Billion | 3.75% | 2.74x | $24.07 Billion |
| Dada Nexus Ltd (DADA) | $-7.19 Billion | 0.00% | 0.00x | $506.16 Million |
| DoorDash, Inc. Class A Common Stock (DASH) | $1.18 Billion | -56.43% | 0.47x | $77.75 Billion |
| eBay Inc (EBAY) | $100.50 Million | 7.26% | 0.49x | $45.53 Billion |
About ThredUp Inc
ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States. The company's platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc. was incorporated in 2009 and is headquartered in Oakland, California.