ThredUp (ThredUp) Retained Earnings : $-495.4 Mil (As of Mar. 2024)

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What is ThredUp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ThredUp's retained earnings for the quarter that ended in Mar. 2024 was $-495.4 Mil.

ThredUp's quarterly retained earnings declined from Sep. 2023 ($-464.3 Mil) to Dec. 2023 ($-478.9 Mil) and declined from Dec. 2023 ($-478.9 Mil) to Mar. 2024 ($-495.4 Mil).

ThredUp's annual retained earnings declined from Dec. 2021 ($-315.3 Mil) to Dec. 2022 ($-407.6 Mil) and declined from Dec. 2022 ($-407.6 Mil) to Dec. 2023 ($-478.9 Mil).

ThredUp Retained Earnings Historical Data

The historical data trend for ThredUp's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ThredUp Retained Earnings Chart

ThredUp Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-203.73

-252.17

-315.34

-407.63

-478.88

ThredUp Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial														-427.42	-446.18	-464.26	-478.88	-495.43

ThredUp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

ThredUp (NAS:TDUP) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

ThredUp (ThredUp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ThredUp Inc (NAS:TDUP) » Definitions » Retained Earnings

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6XV:Germany

Address

969 Broadway, Suite 200, Oakland, CA, USA, 94607

Website

https://www.thredup.com

ThredUp Inc is an online resale platform for women and kids apparel, shoes, and accessories. It generates revenue from items that are sold to buyers through the website, mobile app, and RaaS partners.

Executives

James G. Reinhart	director, officer: Chief Executive Officer	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Anthony Salvatore Marino	officer: President	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Patricia Nakache	director, 10 percent owner	325 SHARON PARK DR., #458, MENLO PARK CA 94025
Trinity Tvl X, Llc	10 percent owner	325 SHARON PARK DR., #458, MENLO PARK CA 94025
Daniel J Nova	director, 10 percent owner	C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alon Rotem	officer: Chief Legal Officer	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Sean Sobers	officer: Chief Financial Officer	3450 W. WARREN AVENUE, FREMONT CA 94538
Christopher Homer	officer: Chief Operating Officer	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Ian Friedman	director	C/O HIGHLAND TRANSCEND PARTNERS I CORP., 16 FAYERWEATHER ST, CAMBRIDGE MA 02138
Jack R Lazar	director	400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Rushing Coretha M	director	C/O EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Highland Management Partners Viii Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Management Partners Viii Ltd	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners Viii Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners Viii-b Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142