ThredUp shareholders absorbed a sharp single-session decline after the Company reported GAAP EPS of -$0.05 against a consensus estimate of -$0.03 and reduced its full-year revenue outlook. On the Company's March 4, 2024 earnings call, Chief Financial Officer Sean Sobers told investors: "we do not anticipate our cash and marketable securities going below $50 million before reaching free cash flow positive, nor do we expect to turn to the capital markets or draw down our existing debt before them." On that same call, management described a customer that "continues to feel the pressure of compounded inflation and higher interest rates." No specific promotional cost figure was referenced. In the most recent quarter, revenue grew 16.9% to approximately $90.8 million -- and management guided full-year revenue lower, citing a more price-sensitive customer and roughly $7 million of promotional headwinds in the second half of the year. In January 2026, the Company filed a Form 8-K regarding a credit agreement.