ThredUp (TDUP) rises after Q1 revenue growth and buyer gains

ThredUp shares rose to $4.75 from $4.37 after the online resale company reported double-digit first-quarter revenue growth and matched Wall Street profit expectations. Management said buyer acquisition and engagement drove the quarter, with March 2026 marking a record for new buyers. CEO James Reinhart said active buyers on a trailing 12-month basis increased 25% year over year, citing marketing channel shifts and supply initiatives as contributors. Investors are watching the rollout of ThredUp’s AI personalization and commerce tools, expansion of seller channels including TikTok Shop, and the company’s ability to balance supply and demand as consumer caution increases.