OverviewSuggest Edit

Poshmark is a company developing a mobile fashion marketplace built around real-time social experiences. It enables users to purchase and distribute new and secondhand clothing for women, men, kids, home, etc.
TypePublic
Founded2011
HQRedwood City, CA, US
Websiteposhmark.com
Employee Ratings4.6
Overall CultureB+

Latest Updates

Employees (est.) (Sept 2020)501(+137%)
Revenue (FY, 2020)$262.1 M(+28%)
Share Price (Jun 2021)$45.8(-4%)
Cybersecurity ratingCMore

Key People/Management at Poshmark

Manish Chandra

Manish Chandra

Founder & Chief Executive Officer
Tracy Sun

Tracy Sun

Co-founder & SVP of New Markets
Lyann Chhay

Lyann Chhay

SVP of Community
Gautam Golwala

Gautam Golwala

Co-Founder & Chief Technology Officer
Anan Kashyap

Anan Kashyap

Chief Financial Officer
John McDonald

John McDonald

Chief Operating Officer
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Poshmark Office Locations

Poshmark has an office in Redwood City
Redwood City, CA, US (HQ)
203 Redwood Shores Pkwy 8th floor
Show all (1)

Poshmark Financials and Metrics

Poshmark Revenue

Poshmark's revenue was reported to be $262.08 m in FY, 2020
USD

Revenue (FY, 2020)

262.1m

Net income (FY, 2020)

16.8m

EBIT (FY, 2020)

23.4m

Market capitalization (8-Jun-2021)

3.5b

Closing stock price (8-Jun-2021)

45.8

Cash (31-Dec-2020)

235.8m

EV

3.3b
Poshmark's current market capitalization is $3.5 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

148.3m205.2m262.1m

Revenue growth, %

38%

Cost of goods sold

22.8m34.1m

Gross profit

125.5m171.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

52.9m47.6m50.0m57.1m66.9m68.8m

Cost of goods sold

7.9m7.9m8.5m9.9m10.7m11.4m

Gross profit

45.1m39.7m41.4m47.2m56.2m57.4m

Gross profit Margin, %

85%83%83%83%84%83%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

74.5m63.3m235.8m

Prepaid Expenses

7.9m

Current Assets

143.8m136.0m270.0m

PP&E

2.4m9.8m8.4m
Quarterly
USDQ3, 2020

Cash

216.6m

Current Assets

255.4m

PP&E

8.9m

Total Assets

269.6m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(14.5m)(48.7m)16.8m

Depreciation and Amortization

802.0k2.1m2.9m

Accounts Payable

(3.2m)(5.8m)10.2m

Cash From Operating Activities

12.1m(6.7m)84.3m
Quarterly
USDQ3, 2019Q3, 2020

Net Income

(33.9m)20.9m

Depreciation and Amortization

1.4m2.1m

Accounts Payable

7.9m10.8m

Cash From Operating Activities

10.3m68.2m
USDFY, 2018

Financial Leverage

-1.7 x
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Poshmark Operating Metrics

Poshmark's Registered Users was reported to be 70 m in Q3, 2020. Poshmark's Active Users was reported to be 31.7 m in Q3, 2020.
Oct, 2018Dec, 2018FY, 2019Q3, 2020

Brands

5 k9.43 k

Social Connections

2 b20.5 b

Registered Users

40 m70 m

Active Users

31.7 m
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Poshmark Acquisitions / Subsidiaries

Company NameDateDeal Size
Poshmark Canada Inc.
Poshmark India Private Limited
Poshmark Pty Ltd.

Poshmark Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Poshmark Online and Social Media Presence

Embed Graph

Poshmark Company Culture

  • Overall Culture

    B+

    84/100

  • CEO Rating

    A+

    90/100

  • Compensation

    B

    76/100

  • Diversity

    B

    82/100

Learn more on Comparably

Poshmark Blogs

Poshmark Canada Turns Two, a Report by Poshmark

Today we’re celebrating the two year anniversary of Poshmark Canada! With buyers, sellers, secondhand-lovers, and entrepreneurs alike, our thriving community has grown to over 2.5 million Canadians across the country who have listed nearly half a billion dollars worth of inventory. Since we launched…

College student has brought in $31,000 selling clothes on Poshmark — here’s how

Kaitlin Kao started selling her old clothes on Poshmark when she was 16. She’s sold over 1,900 items and her side hustle has brought in over $31,000 so far. View Article

Poshmark Mini Will Bring A Snippet Of Its Shopping Experience To Snapchat

The social commerce resale giant has teamed up with Snapchat to create a Mini shopping experience on Snapchat’s app, becoming the first preloved e-retailer to sell on the platform. “Poshmark is experiencing one of the most exhilarating periods in our history,” said Manish Chandra, founder and CEO o…

Poshmark, Inc. and Snap, Inc. Partner to Bring Social Shopping to Snapchat

New Poshmark Mini invites Snapchatters in the U.S. to experience the thrill of the Poshmark treasure hunt REDWOOD CITY, Calif.Continue reading

Gold House A100 List

The A100 List honors the most impactful Asians and Asian American & Pacific Islanders (APIs) in culture every May for API Heritage Month. This year, we honor both excellence in achievement and eminence in activism. Chetan Pungaliya, Gautam Golwala, Manish Chandra, Tracy Sun Co-Founders, Poshm…
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Poshmark Frequently Asked Questions

  • When was Poshmark founded?

    Poshmark was founded in 2011.

  • Who are Poshmark key executives?

    Poshmark's key executives are Manish Chandra, Tracy Sun and Lyann Chhay.

  • How many employees does Poshmark have?

    Poshmark has 501 employees.

  • What is Poshmark revenue?

    Latest Poshmark annual revenue is $262.1 m.

  • What is Poshmark revenue per employee?

    Latest Poshmark revenue per employee is $523.1 k.

  • Who are Poshmark competitors?

    Competitors of Poshmark include thredUP, Mercari and eBay.

  • Where is Poshmark headquarters?

    Poshmark headquarters is located at 203 Redwood Shores Pkwy 8th floor, Redwood City.

  • Where are Poshmark offices?

    Poshmark has an office in Redwood City.

  • How many offices does Poshmark have?

    Poshmark has 1 office.