Poshmark, Inc. operates as a social marketplace for new and secondhand style products in the United States, Canada, India, and Australia. The company offers apparel, footwear, home, beauty, and pet products, as well as accessories. As of December 31, 2021, it had 7.6 million active buyers. The company was formerly known as GoshPosh, Inc. and changed its name to Poshmark, Inc. in 2011. Poshmark, Inc. was incorporated in 2011 and is headquartered in Redwood City, California.

Poshmark, Inc.

Poshmark is a leading fashion resale marketplace powered by a vibrant, highly engaged community of buyers and sellers and real-time social experiences. Designed to make online selling fun, more social and easier than ever, Poshmark empowers its sellers to turn their closet into a thriving business and share their style with the world. Since its founding in 2011, Poshmark has grown its community to over 100 million users and generated over $8 billion in GMV, helping sellers realize billions in earnings, delighting buyers with deals and one-of-a-kind items, and building a more sustainable future for fashion.

Since our founding in 2011, our team has grown to over 800 employees located around the world, all of whom are dedicated to our mission of putting people at the heart of commerce. In addition to our headquarters in Redwood City, California, we have offices in Vancouver, Canada and Chennai, India. Interested in joining Team Posh? Head to poshmark.com/careers. 

For company news, please visit newsroom.poshmark.com. 


GGV Capital

K2 Global

Mayfield Fund

Menlo Ventures

Uncork Capital

Temasek Holdings

Inventus Capital Partners

AngelList

JKH Capital

Poshmark

🏆 We’re starting the year on a high note 🏆 For the second year in a row, Poshmark has been featured in Built In’s 2024 Best Places to Work awards, in the category of Best Midsize Places to Work in San Francisco! 

We feel privileged to be acknowledged alongside other outstanding companies that recognize the importance of their workforce, and look forward to continuing to enhance our employee experience in 2024 and beyond! 

Check out Poshmark’s inclusion, along with the full list of honorees, at the link below. 

#AwardAnnouncement #BPTW2024 #BestPlacesToWork #2024BuiltInBest 

In the past year, Posh Shows has been a game changer for our community — giving Poshmark's sellers and shoppers a new way to make connections, grow their businesses, and score their favorite secondhand finds. The success of this innovation was recognized by Modern Retail who named Poshmark a finalist for this year's #ModernRetailAwards, which recognize the companies and campaigns reshaping the retail industry! Modern Retail shared the following about our inclusion: 

"In the Most Innovative Retail Model category, fashion resale marketplace Poshmark is a finalist for its live shopping product. Optimized for fashion resale, Posh Shows are designed to take live commerce mainstream in the U.S.. The shows have reinvigorated Poshmark’s marketplace by helping shoppers feel more comfortable shopping secondhand by getting to interact directly with sellers. Participating sellers have seen increases in sales as they can demonstrate try-ons as requested and provide live styling tips to buyers. As Posh Shows removes barriers to participation in the circular economy, it has become one of the fastest-growing parts of Poshmark’s business."

A huge thank you to Modern Retail for featuring Poshmark in this year's shortlist! Be sure to check out the full list of finalists here, and stay posted for the winners announcement on December 12! 

‘Tis the season for shopping and we’re here with a gift guide to make your holidays a little brighter (and your gifting easier). Check everyone off your list with unique gifts, one-of-a-kind finds, and sold-out styles, all while supporting secondhand fashion, small sellers, and the planet.

From Onitsuka Tiger sneakers for the trend aficionado in your life, to digital cameras for the vintage lover on your list, there's something for everyone on Poshmark.

Explore the full Poshmark Holiday Gift Guide below! 

As the busiest shopping weekend of the year approaches, Sustainable Brands is encouraging consumers to engage in more mindful consumption by sharing a roundup of brand-led sustainability inititaives to shop in lieu of Black Friday. #SecondhandSunday made the list!

"One of the best ways to shop is to support brands and platforms that extend the useful life of existing products, rather than buying new."

Find out more ways to shop sustainably and get involved with Secondhand Sunday at the link below. 

	Dec '18	Dec '19	Dec '20	Dec '21
account payables	11.22M -	7.57M 32.48%	12.32M 62.62%	1.59M 87.05%
accumulated other comprehensive income loss	-1.37M -	11K 100.80%	-1.57M 14,409.09%	123K 107.81%
cash and cash equivalents	74.47M -	63.32M 14.97%	235.83M 272.46%	581.54M 146.59%
cash and short term investments	137.88M -	128.86M 6.54%	262.07M 103.37%	581.54M 121.90%
common stock	1K -	1K 0%	1K 0%	8K 700%
deferred revenue
deferred revenue non current
deferrred tax liabilities non current
goodwill				7.01M -
goodwill and intangible assets				8.37M -
intangible assets				1.36M -
inventory
long term debt			55.42M -
long term investments
net debt	-74.47M -	-63.32M 14.97%	-180.41M 184.93%	-581.54M 222.34%
net receivables
other assets
other current assets	5.87M -	7.16M 21.91%	7.91M 10.48%	9.74M 23.18%
other current liabilities	66.02M -	106.68M 61.58%	152.99M 43.41%	186.21M 21.72%
other liabilities
other non current assets	1.21M -	6.12M 404.86%	7.01M 14.47%	1.65M 76.46%
other non current liabilities	156.93M -	6.35M 95.96%	8.32M 31.04%	3.25M 60.96%
othertotal stockholders equity	9.26M -	18.55M 100.46%	28.30M 52.52%	30.65M 8.30%
preferred stock	156.18M -	156.18M 0%	156.18M 0%	608.67M 289.74%
property plant equipment net	2.44M -	9.85M 304.31%	8.45M 14.20%	7.38M 12.68%
retained earnings	-94.66M -	-143.35M 51.44%	-126.51M 11.75%	-221.84M 75.35%
short term debt
short term investments	63.42M -	65.55M 3.36%	26.24M 59.97%
tax assets
tax payables		7.32M -	8.07M 10.29%
total assets	147.40M -	151.99M 3.11%	285.43M 87.80%	608.67M 113.24%
total current assets	143.75M -	136.02M 5.38%	269.98M 98.48%	591.27M 119.01%
total current liabilities	77.24M -	114.25M 47.92%	165.30M 44.68%	187.81M 13.61%
total debt			55.42M -
total investments	63.42M -	65.55M 3.36%	26.24M 59.97%
total liabilities	234.17M -	120.60M 48.50%	229.04M 89.92%	191.05M 16.59%
total liabilities and stockholders equity	147.40M -	151.99M 3.11%	285.43M 87.80%	608.67M 113.24%
total non current assets	3.65M -	15.97M 337.75%	15.46M 3.21%	17.40M 12.56%
total non current liabilities	156.93M -	6.35M 95.96%	63.74M 904.22%	3.25M 94.91%
total stockholders equity	69.40M -	31.39M 54.77%	56.39M 79.66%	417.62M 640.55%

NASDAQ:POSH

Poshmark, Inc.

Last Close

17.90

04/01 21:00

Volume Today

5.20M

Avg: 1.14M

PE Ratio

−23.30

PFCF: -

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