ThredUp Inc. (TDUP) Q2 2026 Earnings Call Transcript

ThredUp Inc. (TDUP) Q2 2026 Earnings Call August 5, 2026 4:30 PM EDT Company Participants Lauren Frasch - Senior Director of Investor Relations & Strategic Finance James Reinhart - Co-Founder, CEO & Director Sean Sobers - Chief Financial Officer Conference Call Participants Dylan Carden - William Blair & Company L.L.C., Research Division Oliver Chen - TD Cowen, Research Division Matt Koranda - ROTH Capital Partners, LLC, Research Division Robert Brooks - Northland Capital Markets, Research Division Dana Telsey - Telsey Advisory Group LLC Presentation Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the ThredUp Second Quarter 2026 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Lauren Frasch, Investor Relations. Please go ahead. Lauren Frasch Senior Director of Investor Relations & Strategic Finance Good afternoon, and thank you for joining us on today's conference call to discuss ThredUp's fourth quarter and 2025 financial results. With me are James Reinhart, ThredUp's CEO and Co-Founder, and Sean Sobers, CFO. We posted our press release and supplemental financial information on our investor relations website at ir.thredup.com. This call is being webcast on our IR website, and a replay of this call will be available on the site shortly. Before we begin, I'd like to remind you that we will make forward-looking statements during the course of this call. Such statements are based on current expectations and assumptions that are subject to a number of risks and uncertainties. Actual results could differ materially. Please refer to our earnings release, the supplemental financial information, and our Forms 10-K and 10-Q for more information on these expectations, assumptions, and related risk factors. We undertake no obligation to update any forward-looking statements. During